The Seed Enterprise Investment Scheme (SEIS) allows an individual to invest up to £100k per tax year and receive a 50% tax break in return along with additional tax benefits. EIS allows an individual to invest up to £1 million per tax year and receive a 30% tax break plus additional tax benefits. For both schemes, there is no inheritance tax to pay on shares held for two years.
We helped businesses deal with SEIS/EIS Advance Assurance and SEIS/EIS compliance statements.
We’ve helped clients grow their businesses by utilising SEIS and EIS. There are some trades excluded from the schemes (e.g., accounting and property development). We can take you through the number of tests that must be satisfied to be SEIS and EIS eligible. Then we can support your application and implementation of the investments.
SEIS is a tax relief scheme created by the UK Government to encourage investment in seed-stage startups and businesses.
Seed Enterprise Investment Scheme UK provides some of the world’s best tax reliefs for investors by allowing up to 50% of your investment to be claimed back in income tax relief and offering significant capital gains tax reductions, amongst other benefits.
Income tax relief of up to 50% A £100,000 investment could provide a £50,000 saving on that year’s income tax bill. To claim this, you must have sufficient income tax liability in the first place and hold the shares for at least three years.
Next Step: