Seed Enterprise Investment Scheme

Seed Enterprise Investment Scheme (or SEIS): is a form of income, capital gains, loss and inheritance tax relief that is available to individuals who invest in early-stage companies in the England and Wales. Investors may claim relief on up to £100,000 for funds used to subscribe for new ordinary shares issued by qualifying companies (s257AB of the Income Tax Act 2007). There are complex rules that qualifying companies must follow in order for investors to benefit from SEIS tax relief and individuals should seek independent legal advice to assess their eligibility. For more details as to which companies can qualify and how the scheme works individuals may find it useful to consult the following HMRC guidance.