EIS Update

The Chancellor’s Autumn Statement did not contain much new with regard to EIS and SEIS tax reliefs apart from confirming the anticipated restrictions related to energy generation. However, the Finance Act (2) 2015 gained Royal Assent last week and contains a number of items of…

Ticketing software outfit Red61 nets cash injection

Red61, the Edinburgh-based ticketing software specialist, has secured £572,000 in funding from venture capital firm Par Equity. The business, which runs ticketing operations for major events including the Edinburgh Festival Fringe, recently announced record revenue of £1 million and is now targeting new clients across the UK…