UK Treasury Committee Report on Venture Capital Including Recommendations on Tax Relief Changes

The UK House of Commons Treasury Committee has announced the release of a report on venture capital and recommendations to address issues with venture capital tax relief, including the Enterprise Investment Scheme (EIS), the Seed Enterprise Investment Scheme (SEIS), and Venture Capital Trusts (VCTs). Issues to be addressed include a lack of diversity in venture capital and regional inequality in venture capital given that most investment has been focused on London, Oxford, and Cambridge, the…