Revisiting the ESIC measures
Published Date: 20 Sep 2024
It has now been a number of years since the early-stage innovation company (ESIC) measures were first introduced in 2016, and the ESIC measures have garnered somewhat little attention among the mainstream tax community during this time. The ESIC measures can provide powerful outcomes for investors in ESICs and, therefore, advisers should endeavour to keep the ESIC measures at the forefront of their minds in order to maximise the availability of the concessions for their clients. This article seeks to revisit the ESIC measures while highlighting the planning opportunities and pitfalls experienced by the authors in practice. The article covers a range of issues, including corporate groups seeking ESIC eligibility, structuring investments in ESICs, and technical issues with the principles-based test, among others.
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- Published By: Jury Jackson, Josh Pascale
- Published On:20 Sep 2024
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