Government Incentives for smaller fast growing businesses
Now more than ever many smaller fast growing companies face the same key obstacles to growth: (1) a need to recruit and retain key employees in a tax efficient way; (2) an immediate need for cash for investment in research and development; and (3) a need for external investment to help fund and drive business growth.
In this session the team from PwC will set out a summary of the main schemes that are available to help smaller fast growing businesses in these areas, including:
1. EMI - a tax advantaged employee incentive option scheme available for employees of smaller fast growing businesses;
2. R&D - a tax credit scheme available to companies making advances in science or technology
3. EIS - a tax incentive scheme available for investors in smaller private businesses.