The Seed Enterprise Investment Scheme (SEIS) provides tax relief for individuals prepared to invest in new and growing companies. It is the junior version of the Enterprise Investment Scheme (EIS).
Investors can obtain generous income tax and capital gains tax (CGT) breaks for their investment and companies can use the relief to attract additional investment to develop their business.
This Seed Enterprise Investment Scheme fact sheet will cover:-
- The key features of the scheme
- Who can invest
- Which shares qualify
- Which companies qualify?
- Which trades qualify?
- How relief is obtained?
- Can the relief be withdrawn?
- The Capital Gains Tax (CGT) position
- The bonus exemption
- How SEIS compares with EIS
At DRG Chartered Accountants, we are experienced in advising our clients on SEIS, EIS and other funding schemes. Please do get in touch if you would like to discuss further.
DISCLAIMER: This information is for guidance only, and professional advice should be obtained before acting on any information contained herein. We will not accept any responsibility for loss to any person as a result of action taken or refrained from in consequence of the contents of this publication.