EIS/SEIS – Investment Tax Relief

Business Tax Relief for Investors

Investment plays an important role in running a business but it is difficult to encourage the people in today’s time to invest in small businesses as there is a risk associated with each & every individual investment. Covering this risk is a complex task. Confused? How to cover this risk?

You don’t have to worry as there are two government schemes which you can offer to your startup’s as well as your SME clients. This government scheme not only lowers the investment risk but also provides tax relief to the investors. Finacbooks not only help you with these schemes but also advice you about which scheme your business should opt for and why?

Types of Investment Schemes

There are two types of investment schemes –

Enterprise Investment Scheme (EIS)

Enterprise investment scheme is designed to encourage investors to invest in small companies by offering various types of tax reliefs.

Seed Enterprise Investment Scheme (SEIS)

Seed enterprise investment scheme is designed to encourage investors to invest and to provide them various tax benefits.

It is not easy to choose between both of the schemes but both the schemes having different benefits which are as follows –

Benefits of Enterprise Investment Scheme (EIS)

• Tax relief of 30% on investment up to £10,00,000 annually
• Shares held for 3 or more years are exempt from capital gains tax.
• Individuals can reduce their tax liability to zero by availing EIS relief.
• There is a possibility of carrying back all or part of the investment to the preceding tax year.
• Loss relief of 45% in case of company closure. It helps in heavily minimizing the risk.

Benefits of Seed Enterprise Investment Scheme (SEIS)

• Tax relief of 50% on investment up to £1,00,000 annually
• Shares held for 3 or more years are exempt from capital gains tax.
• The individual investor can be the director of the company
• Loss relief of 45% in case of company closure. It helps in lowering down the risk.

What we offer?

• Review whether investor qualifies for EIS/SEIS relief
• Advanced assurance application to HMRC
• Share allotment
• Submission of share allotment to companies house
• Submission of compliance statement to HMRC
• Securing tax relief certificates
• Completing certificates for investors

How Finacbooks help in availing EIS/SEIS Investment Scheme?

Finacbooks is a leading UK portal providing accounting, finance & taxation services to freelancers, contractors, consultants and small businesses. We are having more than 10 years of experience helping freelancers, contractors, consultants & small businesses in offering EIS/SEIS Investment Tax Relief Scheme. We will guide you through the entire process of availing these investment tax relief schemes. To avail the best deals on EIS/SEIS scheme, kindly call us at 03300886645 or you can also e-mail us at business@finacbooks.com.