Tax bill reduction for those who invest

Monday, 21 December 2015 00:00

Investors in entrepreneurial ventures could soon see a reduction in their tax bill - and that includes government.

The Chief Minister has announced the launch of a public consultation by Treasury on a package of initiatives to grant tax relief to investors.

It follows the announcement that the Department of Economic Development will take equity shares in successful applicants to the £50 million Enterprise Development Scheme.

Allan Bell says it'll help boost private sector productivity without crippling the 2016 Budget:

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