The extra time will mean the published figures can be based on more complete data, as the statistics are based upon administrative systems and are wholly dependent upon the processing timescales within the systems. The review established that it takes around two and a half years from the beginning of any given tax year to receive most of the data and consequently future published statistics will only include the tax years for which data is near complete. The most recent year will be marked provisional though we expect subsequent revisions to be minor.
Overall, this package of changes will reduce the need to make large revisions to previously published figures, reducing the risk that the statistics could mislead users.
The table below sets out the tax-years of data which will be published in on 31 December 2008.
Venture Capital Scheme |
Table description |
Published tax years |
|---|---|---|
EIS |
Table 8.1 Companies and amount of investment, number of subscriptions and amounts invested |
93/94 to 06/07 |
EIS |
Table 8.2 companies and amount of investment by industry |
04/05 to 06/07 |
EIS |
Table 8.3 companies and amount of investment, by size of investment |
04/05 to 06/07 |
EIS |
Table 8.4 companies and amount of investment by region |
04/05 to 06/07 |
EIS |
Table 8.5 Investors by size of investment |
04/05 to 06/07 |
CVS |
Table 8.10 Corporate Venturing Scheme |
00/01 to 06/07 |
VCT |
Table 8.9 Distribution of numbers of investors and amount of investment |
04/05 to 06/07 |
(1) Except table 8.6 ‘number of VCT trusts and amount of investment’, which is based upon secondary data from financial websites. This table has not been included in the review, is not a National Statistic and will be published in September 2008 in line with previous announcements.
