Investing

Tom Maguire on tax: Blessed relief for angel investors

Proposed relief in the Finance Bill could bring about a reduced rate of 16 per to 18 per cent on capital gains tax

Proposed amendments to the Finance Bill 2023 include relief for angel investors

If you’re an angel investor, then you have to look at the new tax relief in the Finance Bill

In my previous columns, I mentioned the upcoming reveal of the new proposed relief for angel investors as part of the proposed committee stage amendments to the Finance Bill 2023. This brings about an effective reduced rate of capital gains tax (CGT) of 16 per cent, or 18 per cent if through a partnership, on a ...