Chancellor Rachel Reeves announces extension to EIS limits in the Autumn Budget.
“Venture Capital Trust (VCT) and Enterprise Investment Scheme (EIS) – The government will increase the VCT and EIS company investment limit to £10 million, and £20 million for Knowledge Intensive Companies (KICs) and increase the lifetime company investment limit to £24 million, and £40 million for KICs. The gross assets test will increase to £30 million before share issue, and £35 million after, from April 2026. Alongside this, the VCT income tax relief will decrease to 20%. These changes will be legislated in Finance Bill 2025-26.”
Full details here: https://www.gov.uk/government/publications/budget-2025-document/budget-2025-html