UKBAA response to HMRC on advance assurance
UKBAA has responded to HMRC’s consultation about streamlining its advance assurance service. This free service is for companies that intend to raise money under the EIS or SEIS schemes, whereby HMRC will provide an opinion as to whether the company’s proposed share issue would qualify for EIS/SEIS tax reliefs. In our response, we underline the criticality of the advance assurance service, which presently lends confidence to investors when they are deciding whether or not to invest in a business. Read our full response here.