You are using an outdated browser. Upgrade your browser today for a better experience of this site and many others.
Northampton: 01604 630745 Rugby: 01788 575037 Email us
EIS, SEIS, VCTs and SIR.
The Enterprise Investment Scheme (EIS) provides tax relief for individuals prepared to invest in new and growing companies. Investors can obtain generous income tax and capital gains tax (CGT) breaks for their investment and companies can use the relief to attract additional investment to develop their business. Individuals are entitled to relief on investments in certain unquoted trading companies through EIS. A junior version of EIS the SEIS is also available.
Maximum investment per annum: £1,000,000 Additional investment limit where investing in knowledge-intensive companies: £1,000,000 Income tax relief: 30% CGT treatment on disposal if held for 3 years: Exempt
Maximum investment per annum: £1,000,000
Additional investment limit where investing in knowledge-intensive companies: £1,000,000
Income tax relief: 30%
CGT treatment on disposal if held for 3 years: Exempt
Capital gains from the disposal of other assets may be deferred by making an EIS investment.
The Seed Enterprise Investment Scheme (SEIS) provides tax relief for individuals prepared to invest in new and growing companies. Investors can obtain generous income tax and capital gains tax (CGT) breaks for their investment and companies can use the relief to attract additional investment to develop their business. SEIS is a junior version of EIS.
Maximum investment per annum: £100,000 Income tax relief: 50% CGT treatment on disposal if held for 3 years: Exempt
Maximum investment per annum: £100,000
Income tax relief: 50%
Capital gains from the disposal of other assets may be exempt up to £50,000 per annum by making an SEIS investment.
Social Investment Relief (SIR) is designed to encourage private individuals to invest in social enterprises including charities. Individuals are entitled to relief on their investment:
Maximum investment per annum: £1,000,000 Income tax relief: 30% CGT treatment on disposal if held for 3 years: Exempt
Capital gains from the disposal of other assets may be deferred by making a SIR investment.
Venture Capital Trusts (VCTs) are designed to encourage private individuals to invest in smaller high-risk unquoted trading companies. VCTs operate by indirect investment through a mediated fund. In effect they are very like the investment trusts that are obtainable on the stock exchange, albeit in a high-risk environment. Individuals are entitled to relief on investments in VCTs.
Maximum investment per annum: £200,000 Income tax relief: 30% Dividend income: Exempt Capital gains treatment on disposal: Exempt
Maximum investment per annum: £200,000
Dividend income: Exempt
Capital gains treatment on disposal: Exempt
(All reliefs are subject to detailed conditions being met.)
06 Apr 2021
The government is to extend business rates relief with a £1.5 billion fund targeted at those businesses unable to benefit from the current COVID-19 support.
The government has published over 30 updates, consultations and documents on the UK's first ever Tax Day.
The details of the Finance Bill 2021 have been published by the government.
Would you like to download our mobile app from the App Store?