Philip Hare & Associates LLP

We have recently moved office back to Blackfriars (and there are great views of the sunrise from it!) 

Our analysis following today’s Autumn Budget, which was the first Budget Statement of the new government, can be found at the link below: https://lnkd.in/d4yT82vW

Our team are pleased to be celebrating 30 years of EIS with the Enterprise Investment Scheme Association (EISA) at the Institute of Directors (IoD). Philip Hare, our founder, joined this afternoon’s panel session on Growing the Ecosystem: First Steps for Founders.

Our team are pleased to be celebrating 30 years of EIS with the Enterprise Investment Scheme Association (EISA) at the Institute of Directors (IoD). Philip Hare, our founder, joined this afternoon’s panel session on Growing the Ecosystem: First Steps for Founders.

We are delighted to have joined Gathr's (formerly London Tech Drinks) community recommended B2B services and software platform called Gathr to Find. Using its c.10,000 person community of leading investors, founders, operators and advisors, Gathr to Find has curated 130+ leading firms across all verticals a high growth company or investor would need to scale! Check out our profile on GathrtoFind.com!”

🚨Some great news about the EIS and VCT ‘sunset clause’! https://lnkd.in/eMigCWRn

After many months of waiting and uncertainty, we now have the good news that the EIS and VCTs will continue after 5 April 2025. Thanks are due to the HM Treasury team, and the representative bodies such as the Venture Capital Trust Association (VCTA) and the Enterprise Investment Scheme Association (EISA) who have lobbied for so long. We hope the government will continue to provide positive incentives for entrepreneurship and growth capital.

European Commission Approves Extension to EIS, VCT Regimes Under UK State Aid Regime: We are pleased to announce that the European Commission has released its response to the UK’s notification in respect of the prolongation of the Enterprise Investment Scheme (EIS) and the Venture Capital Trust scheme (VCT). The European Commission confirms that it “has decided not to raise objections” to the prolongation of the EIS and VCT schemes “as it is compatible with the internal market pursuant to Article 107(3), point (c), of the Treaty on the Functioning of the European Union (‘TFEU’)”. We understand that this decision was informed by research from a number of trade associations, including the Venture Capital Trust Association (VCTA). We are looking forward to hearing from HM Treasury for further information regarding when the Treasury Order will be laid in order to extend the EIS and VCT schemes until 5 April 2035. The extension to the “sunset clause” is welcomed across the EIS and VCT industry as it recognises the crucial role these schemes play in ensuring that young companies can raise the investment they need to grow, and supporting thousands of job opportunities throughout the UK. For more information, including a link to the European Commission's full response, please see the news story on our website below: https://lnkd.in/eueQebXr

Delighted for us all at Philip Hare & Associates LLP Congratulations team! Another great year!