Business Investment Relief

Business Investment Relief (BIR) is a tax relief in the UK designed to encourage foreign investment in British businesses. It allows non-UK residents to invest in UK companies without being subject to UK taxes on the profits generated, provided they use their investment to buy shares in a qualifying business. This scheme aims to attract foreign capital, promote growth, and create jobs in the UK economy, while also offering investors a means to engage in profitable ventures without the burden of additional tax liabilities on their returns.