Over 15,000 start-up businesses were created in Edinburgh and Glasgow in 2014. Many of these Scottish entrepreneurs will soon look for investment to take their venture to the next level. High level, specialist, entrepreneurial tax advice is now available in Scotland to support further growth.
Tax reliefs help entrepreneurs obtain money to invest in their businesses and minimise business angels’ exposure to investment risk. C+T offer niche entrepreneurial tax advice on how to make the most of these reliefs. On 1st January 2015, Neil Norman became the firm’s first Entrepreneurial Tax Partner; his specialist advice supports investment through Enterprise Investment Schemes, Seed Enterprise Investment Schemes, share schemes and Research and Development Tax Relief.
Commenting on his promotion to partner, Neil says:
“We work with the majority of angel syndicates across Scotland and the high growth companies they have invested in. A typical round of angel investment brings a start-up around half a million pounds. I am looking forward to developing our entrepreneur and angel investor expertise.”
Neil works closely with start-ups, university spin outs, business accelerators, high growth companies, life science organisations and entrepreneurs throughout Scotland to make sure they are fully up to speed with HMRC legislation.