The Seed Enterprise Investment Scheme (SEIS) and Enterprise Investment Scheme (EIS) are integral pillars of the UK start-up economy. Angel investors who are willing to take significant risks by investing start-ups and small businesses will usually also want to take advantage of income tax deductions on their investment and benefit from no capital gains tax (CGT) liability arising upon the sale of their shares further down the line.
Read More »EIS
The ‘Sunset Clause’ And Its Potential Impact On EIS Tax Relief
Investors have been encouraged to invest in early-stage start-ups by various venture capital schemes, including the Seed Enterprise Investment Scheme (“SEIS”), Enterprise Investment Scheme (“EIS”) and Venture Capital Trust Scheme (“VCT”), which have greatly benefited the UK economy. The EIS scheme saw 3,755 companies raise a total of £1.66bn between 2021 and 2022, while 4,165 firms raised £1.89bn the year prior, according to data from HM Revenue & Customs.
Read More »Changes to HMRC SEIS/EIS Guidance for Film and TV Companies
HMRC updated its Venture Capital Schemes Manual VCM8560 on 15 March 2021.
The update is regarding Example 3 of VCM8560 which presents an example of a qualifying film company.
The new guidance provides further clarity on how the risk-to-capital condition applies to Film and TV production companies that are seeking SEIS/EIS advance assurance approval.
Read More »Can an investment be EIS qualifying if a company acquires intellectual property and/or generates revenue from royalties?
Can an investment be EIS qualifying if a company acquires intellectual property and/or generates revenue from royalties?
The Enterprise Investment Scheme (EIS) is an attractive option to those wishing to grow their business and attract the attention of investors (by offering tax reliefs to those who invest).
Read More »Common SEIS and EIS Mistakes
The rules surrounding SEIS/EIS are complex and we advise that before making an advance assurance application you seek professional advice.
Read More »Successful film production SEIS and EIS application for Paul Raschid Media
Paul is now growing and developing his own film production company, Paul Raschid Media, which has ambitions to produce and develop Full Motion Video (FMV) / Interactive films, enabling the audience to have an active role in the direction the screenplay takes.
Read More »How To Claim SEIS And EIS Loss Relief
How individual and corporate investors claim loss relief on shares that were subscribed for pursuant to SEIS and EIS.
Read More »Knowledge Intensive Companies And The Enterprise Investment Scheme
An overview of the qualifying criteria that will need to be met in order to be determined as a knowledge intensive company and benefit from the additional EIS benefits available to such companies.
Read More »How To Qualify For EIS Tax Relief
An overview of some of the main Enterprise Investment Scheme rules and conditions which an investor and the investee company will need to comply with, both before and after the investment is made.
Read More »How To Complete The SEIS 1 And EIS 1 Compliance Statement And Claim The Tax Reliefs
Following a company raising investment pursuant to SEIS and/or EIS, an overview of the process whereby the company submits a compliance statement in order to receive certificates that are then distributed to investors who can then claim their individual tax reliefs.
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