Scottish Business Owner
New Member
The Seed Enterprise Investment Scheme (SEIS) has so far helped more than 1,000 businesses to raise finance. According to government figures published in 2013, private investors have so far invested more than £82m through the scheme.
The SEIS offers tax benefits and encourages investment in small and early-stage companies by reducing the risk of investing in these types of businesses. But, in my experience, not many companies know about the scheme or the tax benefits it offers.
The purpose of the scheme is to offer tax reliefs to investors in higher-risk companies that are less than two years old, have fewer than 25 employees, gross assets of no more than £200,000 and a permanent UK establishment.
One of the key benefits of the SEIS is that it reduces the risk of investing in small, early-stage companies. Investors can invest up to £100,000 into a company in a single tax year, rising to a maximum of £150,000 over two or more years. The investments will benefit from 50% income tax relief, and disposal of shares will be Capital Gains Tax exempt provided the relevant conditions have been met.
You can read more about SEIS on the HMRC website here >>> http://www.hmrc.gov.uk/seedeis/
Has anyone used this scheme and has a positive experience to share or have you tried using it only to find it very complicated?
The SEIS offers tax benefits and encourages investment in small and early-stage companies by reducing the risk of investing in these types of businesses. But, in my experience, not many companies know about the scheme or the tax benefits it offers.
The purpose of the scheme is to offer tax reliefs to investors in higher-risk companies that are less than two years old, have fewer than 25 employees, gross assets of no more than £200,000 and a permanent UK establishment.
One of the key benefits of the SEIS is that it reduces the risk of investing in small, early-stage companies. Investors can invest up to £100,000 into a company in a single tax year, rising to a maximum of £150,000 over two or more years. The investments will benefit from 50% income tax relief, and disposal of shares will be Capital Gains Tax exempt provided the relevant conditions have been met.
You can read more about SEIS on the HMRC website here >>> http://www.hmrc.gov.uk/seedeis/
Has anyone used this scheme and has a positive experience to share or have you tried using it only to find it very complicated?