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.
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Business Expansion Scheme

see ENTERPRISE INVESTMENT SCHEME.
Collins Dictionary of Business, 3rd ed. © 2002, 2005 C Pass, B Lowes, A Pendleton, L Chadwick, D O’Reilly and M Afferson
References in periodicals archive ?
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".
For the adventurous investor, Venture Capital Trusts are an option but no longer offer the same "easy" ride of some of the old Assured Tenancy Business Expansion Schemes.
"I also put thousands into Business Expansion Schemes, which were risky but offered tax advantages.

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