Business Expansion Scheme


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Business Expansion Scheme

Also called the BES. A structure in the United Kingdom that assisted new and small businesses in raising capital. Individuals and companies received tax incentives to invest in new companies and other high-risk ventures. It resulted in a large increase in investment in new companies. The BES was introduced in 1983 and was replaced by the Enterprise Investment Scheme in 1994.

Business Expansion Scheme

see ENTERPRISE INVESTMENT SCHEME.
References in periodicals archive ?
Last month it spent pounds 16 million on the Homes For Tenants group - set up under the Business Expansion Scheme to invest in residential properties.
However, he admits working with bigger clients did have its drawbacks: "We did advise on some Business Expansion Schemes, but the problem with that was they then went on to the Stock Market and had to take on bigger accountants.
We will be able to provide the plastics materials as well as the production machinery but also the facility to trade products and machinery via our online auction site" Andrew Price, of Kingston CPC, said: "We are pleased to see that local businesses are still going forward with their business expansion schemes and wish Plastics Ebuyer Ltd all the best with their 'all-inclusive' trading idea".

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