The government’s SEIS and EIS schemes help companies raise money from investors to grow their business. The schemes are some of the most generous in the world for investor tax breaks. If you are looking to raise investment you will almost certainly want to be registered in order for investors to take you seriously.
Getting the right investment is vital in the early years of your company. Without it, your business could run out of cash or lack the resources to scale up. Investors can form an important part of your team, providing strategic advice at a board level and introducing you to other investors or startups.
The SEIS and EIS schemes make your company more attractive to investors by giving them the right incentives to invest.
Under the SEIS scheme, for every £100,000 invested in your company the investor’s income tax bill reduces by £50,000, or 50% of their investment. Under EIS this figure is £30,000, or 30%.
Another benefit is that the investments are exempt from Capital Gains Tax ‒ meaning that there is no tax to pay when the investor eventually sells their shares.
We’ve helped over 50 companies qualify for the SEIS and EIS schemes by undertaking our detailed in-house risk assessment process before submitting their application. Our assessment ensures that we identify and resolve all potential issues early in the process. We also use our expertise to help other accounting firms with their SEIS and EIS applications.