EIS/SEIS schemes to continue until 2035

We are delighted to let you know that the UK Government has finally been informed by the EC of their approval under EU State Aid rules of the request for the continuation of the EIS and SEIS schemes and VCT scheme from the original Sunset Clause ending the schemes in 2025 to April 2035. The schemes are approved in their entirety, also including the Knowledge Intensive EIS Scheme.

This approval is set out in the EC published document which you can read here, particularly referencing the detailed decisions from para 102 onwards.

We will provide any further information received in due course, but I am sure you will agree that this an excellent start to the Bank Holiday Weekend and gives renewed certainty to investors and entrepreneurs and a great boost to our work across the UK in supporting investment in entrepreneurship and innovation going forwards.