Tax relief - something close to many peoples hearts.
This forum and website are not designed to offer specific industry or job related tax relief advice and minutiae of detail for claiming back allowances.
We are championing the cause for efficient tax relief opportunities in the UK. There are multiple opportunities to the seasoned or canny investor that can be used to great benefit.
We outline a few below and welcome posts on our forum to discuss performance and opportunities.
EIS – ENTERPRISE INVESTMENT SCHEME
The Enterprise Investment Scheme or EIS is designed to help small, potentially higher-risk companies raise funding by offering tax relief on new shares in the companies that qualify. For the investor, it’s a tax
efficient way to invest in these small companies.
The EIS is aimed at the wealthier, sophisticated investors. Up to £1,000,000 in any tax year and receive 30% tax relief. However, there is a 3 year lock in period. EIS aims to encourage investment into unlisted companies.
SEIS – Seed Enterprise Investment Scheme
SEIS is a generous derivative of the Enterprise Investment Scheme (EIS) and was introduced in April 2012. The aim of SEIS is to encourage seed investment in early stage companies. Investors, including directors, can receive initial tax relief of 50% on investments up to £100,000 and Capital Gains Tax (CGT) exemption for any gains on the SEIS shares.
The maximum amount to be raised for each company is £150,000.