The SEED Enterprise Investment Scheme (SEIS) has officially received Royal Assent26 Jul, 20232 minutes
This means investors and start-ups alike can now take advantage of: 📈 Increased Investment ...
This means investors and start-ups alike can now take advantage of:
📈 Increased Investment Limits: Companies will be able to raise up to £250,000 of Seed Enterprise Investment Scheme (SEIS) investment, a two-thirds increase.
📈 Increased Gross Asset Limits: To enable more companies to use SEIS, the gross asset limit will be increased to £350,000 (from £200,000).
📈 Increased Investor Limits: The annual investor limit will be doubled to £200,000.
📈 Increased Trading Limits: The trading limit will be increased to three years (from two years).
Investors can claim a generous 50% income tax relief on their investments, encouraging more support for early-stage companies.
If you think you might be eligible to claim SEIS, or are considering investing in a business which may qualify for the scheme, please contact a member of our tax advisory team today at firstname.lastname@example.org, who will be delighted to assist.