May 2014

Deepbridge Capital Announces Closing Date of Renewable Energy EIS

Following the Budget Statement in March, Deepbridge Capital has today (23 May 2014) announced, that it will cease to accept new money in to the Deepbridge Renewable Energy EIS from 17th July 2014. In the Budget, the Chancellor announced some significant changes to the tax-advantaged venture capital schemes; specifically Seed Enterprise Investment Schemes, Enterprise Investment Schemes and Venture Capital Trusts. These changes were introduced in order to ensure that the tax relief continues to encourage individuals to make investments into higher risk companies that may not otherwise be able to access finance.