Waste not, fashion, bot: Three tax saving investments to make before the tax year end - London Business News | Londonlovesbusiness.com
Briefly

As the tax year-end approaches, savvy investors can leverage Enterprise Investment Scheme (EIS) opportunities to reduce tax liabilities while supporting innovative UK businesses. Companies like Gander, which combats food waste, and Rise & Fall, known for luxury sustainable goods, highlight the types of innovative businesses attracting EIS investment. These firms have shown significant growth and potential, with Gander saving millions of food items via tech, and Rise & Fall doubling sales consistently. Investing in these companies may pose risks but offers considerable tax relief and returns.
Investing in EIS qualifying single companies can be high risk, but with the potential for significant returns as well as generous tax reliefs. It is also a crucial source of funding for high-growth UK companies.
Using technology to fight food waste one yellow sticker at a time, Gander enables supermarkets to promote reduced-to-clear products online in real-time to thousands of local thrifty shoppers.
With sales more than doubling every year since launch, Rise & Fall is now eyeing overseas expansion and is dubbed 'fashion's best-kept secret' by The Times.
Beings automates 80% of the most painstaking and costly part of a research project: transforming hundreds, if not thousands, of consumer quotes into actionable insights for businesses.
Read at London Business News | Londonlovesbusiness.com
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