Christiana discusses several of the notable developments introduced at the start of the 2026/27 tax year, before exploring how ongoing geopolitical uncertainty is shaping sentiment around (S)EIS investing. She also examines a range of additional pressures influencing the tax-efficient investment market, including recent inheritance tax changes.
She finishes by sharing her outlook for the remainder of the tax year and offering practical guidance for advisers navigating an increasingly uncertain environment.
Early developments in the new tax year
According to Christiana, the 2026/27 tax year has already seen meaningful changes to the tax-advantaged investment landscape, particularly following the Budget announcements increasing investment limits for both EIS and VCTs.
“These changes, introduced from April, are intended to help address the funding gap facing scaling businesses,” she explains. “The updated limits allow EIS to continue supporting companies further along their growth trajectory, particularly at stages where access to long-term capital has traditionally been more limited.”