Speaking to Kate Palmer, Wol warned that we could be about to cut off big trading partners. He pointed out the role of the UK’s small businesses after the last recession, and the importance of their contribution to the economy in the current uncertain climate.
Wol proposed a simple solution to help these firms: axe capital gains tax for SMEs. “I just don’t understand it – it is completely made-up,” he says. “It acts against entrepreneurial behaviour, and in the worst cases encourages gaming the system and going offshore.”
Read the full article at thetelegraph.co.uk.
Please read this important information before scrolling down to confirm that you have read the information contained using the tick box at the foot of this window, which will then allow you to access the website. LF Livingbridge UK Micro Cap Fund and LF Livingbridge UK Multi Cap Income Fund (the “Funds”) invest in companies both quoted on AIM and the main market of the London Stock Exchange. Prospective investors should refer to the detailed risk warnings in the relevant prospectus but key risks are set out below.
Livingbridge VC LLP is not acting for potential investors in connection with the potential investment in either the Micro Cap Income Fund or the Multi Cap Income Fund and will not be responsible to potential investors for providing them with protections afforded to clients of Livingbridge VC LLP or be advising them on their subscription. No representative of Livingbridge VC LLP has authority to represent otherwise. Prospective investors are strongly advised to take their own legal, investment and tax advice from independent and suitably qualified advisers (in the United Kingdom this would involve taking investment advice from a person authorised under the Financial Services and Markets Act 2000).
UK Financial Promotion Rules
The URL Livingbridge.com/equity-funds is a financial promotion made by Livingbridge VC LLP under section 21 of the Financial Services and Markets Act 2000.
Past performance and risk of loss of capital
The past performance of the funds is not a guide to their future performance. The value of the funds depends on the performance of the underlying assets. The value of the investment and dividend stream from the funds can rise and fall. Investors may get back less than originally invested. There can be no guarantee that investment objectives of any of the funds will be achieved.
Risks inherent in investing in small companies
Investment in smaller companies which are traded on AIM or PLUS Markets, by its nature, involves a higher degree of risk than investment in larger companies, including those traded on the main market. In particular, smaller companies often have limited product lines, markets or financial resources and may be dependent for their management on a smaller number of key individuals. In addition, the market for shares in smaller companies is often less liquid than that for shares in larger companies, bringing with it potential difficulties in acquiring, valuing and disposing of such shares.Investments held by the funds may be difficult to realise. The fact that a share is traded on AIM or PLUS-Markets does not guarantee its liquidity. The spread between the buying and selling price of such shares may be wide and thus the price used for valuation may not be achievable.
Links to third party sites
For your convenience we may provide links on this site to the sites of third parties. Livingbridge VC LLP has no control over these sites and is not responsible for the accuracy or completeness of information supplied by them.
The content and design of this website is subject to copyright owned by Livingbridge VC LLP. You may print pages and download documents for your own use but no part of this website may be reproduced or transmitted for any other purpose.
We may use your personal information to carry out normal verification checks, for example in relation to anti-money laundering know-your-client procedures. Personal information that you provide may be disclosed to a credit reference or fraud prevention agency, which may keep a record of that information. We may also disclose your personal information where it is appropriate to disclose it for regulatory or legal compliance purposes.
If you do not wish Livingbridge VC LLP to contact you, then please let the firm know and you will be removed from the firm´s contacts database. Otherwise, by submitting your personal information, you agree to our use of the information described above.
Livingbridge VC LLP is a limited liability partnership (reg. no. OC320408) registered in England and Wales with the registered office at 100 Wood Street, London, EC2V 7AN. Livingbridge VC LLP is authorised and regulated by the Financial Conduct Authority (reg. no. 456135) [(VAT No. 863893670)].