0 relating to the actions that a company takes in order to find new capital to finance its activities: --
Syndicates providing outside capital, subject to certain statutory restrictions on promoting their capital-raising activities, can purchase farms, and individual members can claim estate duty relief on their investments.
We are also proposing new financial promotion exemptions in secondary legislation to make informal capital-raising by small businesses and start-ups easier.
Why, therefore, maintain something which is not only unfair but which is acknowledged to be harmful in its effects on capital-raising?
