Tag Archive: start-ups
What is SEIS?
The Seed Enterprise Investment Scheme (SEIS) launched on 6 April 2012 by the then Chancellor, George Osborne to encourage investment in new start-ups. The scheme became permanent in 2014. The SEIS provides for extensive Income Tax and Capital Gains Tax breaks for investors to encourage investment in new businesses. However, outside of the professional investment sector,… View Article
What is a Qualifying Trade for SEIS?
SEIS relief can only be applied for by qualifying individuals in a new business, carrying on a qualifying trade. Many small early-stage companies will be able to use the SEIS to raise funds. However, it’s important to make sure you meet the qualifying trades condition for SEIS. A qualifying trade is a trade, conducted on… View Article
What Happens After SEIS?
In many ways, the SEIS is the smaller sister of the Enterprise Investment Scheme (EIS) and Venture Capital Trusts (VCT) schemes. A company that has had success with the SEIS will likely continue to raise investment either using the EIS or VCT. There remain many options for raising finance after using the SEIS. The EIS… View Article
HMRC Advance Approval For SEIS
Companies are able to apply for HMRC Advance Approval that a proposed issue of shares will qualify for SEIS relief. This advance assurance, although not mandatory, is important for both the company and even more so for the prospective investor. There are many risks in investing in early-stage potentially high growth businesses. At the very… View Article
Starting A New Company
Starting a new company? Consider the SEIS scheme for new, early-stage companies looking to raise funds. You have to meet a number of conditions in order for a company to be able to benefit from using the SEIS. The SEIS scheme is really only suitable for small unquoted companies and the rules of the scheme… View Article
Investing In The SEIS
The Seed Enterprise Investment Scheme (SEIS) Seed enterprise investing is designed to increase investment in the early development of high potential growth businesses. The scheme is similar to the EIS. SEIS focuses on smaller, early stage companies carrying on, or preparing to carry on, a new business in a qualifying trade. The scheme was originally… View Article