Venture Capital Tax Reliefs are a key part of the UK Government’s strategy to encourage new investment in small and growing businesses. All of the reliefs provide generous Income Tax and Capital Gains Tax incentives to investors, subject to certain limits and conditions being met. In brief, Income Tax relief is available at 30% of the amount invested, except for SEIS where the rate is 50% and gains made on the disposal of qualifying investments are free from Capital Gains Tax.
The Government introduced SITR in 2014 to encourage investment in social enterprises.
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 deal with HMRC on your behalf. Moore Stephens is a member of The EIS Association (EISA).