Those of you who aren’t interested in Euro-law or compliance matters will probably be
tempted to skip this article. While these are extremely important topics, I must confess, I too
find substantive tax law more interesting. But instead of turning the page, I strongly suggest
that you carry on reading. For these new rules aren’t confined to a single particular tax
pigeonhole, but will affect a range of tax incentives such as the EIS and VCT Schemes.