The Seed Enterprise Investment Scheme (SEIS) was introduced by the Finance Act 2012 with effect from 6 April 2012 and offers a number of valuable tax reliefs to individuals who subscribe for shares in qualifying companies. For companies looking to raise equity capital, the benefits of EIS can help to attract funds. This scheme is similar to the existing Enterprise Investment Scheme (EIS) but is instead focused on attracting investment in smaller, early stage companies by offering attractive tax reliefs to investors. As with any tax reliefs, there are a number of other conditions which must be met by the investor and the investee company to qualify under this scheme.
Whether you are an individual looking to make an investment or a company looking to raise funds, Moore Stephens can advise you on the conditions that need to be satisfied and can prepare the necessary forms for submission to HM Revenue & Customs. Our factsheet on the SEIS has recently been revised and is available here.
Private client tax