The SEIS (Seed Enterprise Investment Scheme) was made permanent in the unveiling of the 2014 Budget. Projects listed with CrowdBnk can take part in SEIS (Seed Enterprise Investment Scheme) or EIS (Enterprise Investment Scheme) when raising funds in return for equity. SEIS provides a 50% income tax relief at the cost of the shares purchased for investors supporting nascent start-up. Here are a few must-read articles to help you learn more.
Despite a lack of focus on small businesses in the 2014 Budget report today, one area of good news for start-ups seeking investment was the announcement that the Seed Enterprise Investment Scheme (SEIS) will be made permanent. The incentive, which allows investors to receive an income tax deduction worth up to 50% of investments, was made permanent to ensure new investors continue to back British businesses. Read more
While the squeezed middle are targeted by HM Revenue & Customs (HMRC), high earners can still get 98pc tax relief and guaranteed gains from a relatively new and little-known shelter intended to encourage investment in small companies.One of the high flyers making use of the scheme to reduce his income tax bill and avoid capital gains tax altogether explained to me that it will mean he can buy a £10,000 stake in a start-up business while only risking £200 of his own money. Read more
SEIS, or Seed EIS, is the Government’s latest attempt to stimulate investment into small companies by giving generous tax reliefs to their investors. This scheme is focused specifically on smaller, riskier start-up companies to help them get the funding they need to establish their business. Read more