Investments

Seed Enterprise Investment Scheme (SEIS)

The SEIS was initially introduced for a limited five year period from 1 April 2012, but has since been extended indefinitely, with the income tax and capital gains tax reliefs applying as shown below for all future years.

SEIS 2013/14 onwards
Rate of income tax relief 50%
Maximum investment qualifying for income tax relief £100,000
Gains exempt from CGT relief on investment in SEIS shares: 50%

Venture Capital Trusts (VCTs)

Investing in VCT shares gives the taxpayer 30% income tax relief on up to £200,000 invested per tax year, and the shares are generally exempt from capital gains tax when sold. However, to counter perceived abuse of the scheme, following changes were made from 6 April 2014:

For more information see our ...

Don't miss out

Our monthly newsletter is a great way to stay in touch with our work and everything that's going on in the accountancy world. Sign up now for our latest news and keep one step ahead in your business.

Sign up for our newsletter