Enterprise Investment (EIS or SEIS)
The Enterprise Investment Scheme (EIS) allows small high-risk companies not listed on the stock exchange to raise capital. By providing a range of tax reliefs for investors of qualifying shares. For example, investors may qualify for an income tax reduction based on the amount invested in these companies.
Note: whilst both the Enterprise Investment Scheme (EIS) and the Seed Enterprise Investment Scheme (SEIS) are UK government schemes designed to encourage investment in early-stage companies, SEIS is specifically targeted at very early-stage startups, offering higher tax benefits to investors compared to EIS, which is aimed at slightly more established growing businesses; essentially, SEIS is considered a more generous version of EIS for the riskiest investments in younger companies.
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Open the Enterprise Investment Scheme section.
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In Company, enter the name of the company that is issuing the shares.
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In Amount, enter the value of the shares that relief is being claimed. The maximum is £1,000,000 per year.
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In Date of Issue, enter the date that the shares were issued within the current tax year.
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Complete the following compulsory tax details:
- HMRC Office
- HMRC Reference
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Click Save and Close.