Treasury confirms extension to VCT and EIS sunset clause

The extension was announced in its response to the Treasury Committee’s Venture Capital report from in the summer, stating it “recognises the need to provide certainty to founders and investors”, adding it would provide “further details on the schemes beyond 2025 at a future fiscal event”.
Chancellor of the Exchequer Jeremy Hunt had previously signalled his agreement with the committee to continue the scheme in previous correspondence, but this is the first time he has committed to an extension.
MPs call for Treasury to set out clear plans on EIS and VCT extension
In a letter sent …