SEIS and EIS reform was contained within chancellor Philip Hammond’s 2017 Autumn Statement – measures aimed at targeting so-called “tax-motivated investments”.
Launched in 1994 and 2012, EIS and SEIS have encouraged investors to back riskier businesses by providing access to income tax and capital gains tax relief, but now the much heralded funding method is on the decline.
Having been set up in the early 1990s, the Enterprise Investment Scheme (EIS) has now helped 22,900 individual businesses secure investment – with the amount raised totalling £12.3bn.
The Seed Enterprise Investment Scheme (SEIS) has attracted a record number of applications from startups, as almost 3,000 young businesses embraced SEIS in 2014/15.
Simon Menashy, investment director at MMC Ventures, shares his experience and insight with Real Business to provide interested businesses with guidance on getting a deal done.
In an era when access to finance has become a key discussion topic, Sarah Wadham, director general of the EIS Association, details how the tax-efficient EIS and SEIS funding mechanisms work – and which kind of companies are eligible.
The EIS Association, which was established to support and represent organisations working with the Enterprise Investment Scheme (EIS), has launched a junior branch called Green Shoots.
To help increase the supply of growth loans to businesses, chancellor George Osborne's Budget 2015 speech included details of a new pilot to deliver up to £100m of capital to growing businesses.
The best destination for technology startups is London, according to research carried out by Pinsent Masons and Mergermarket of Europe’s most attractive cities for entrepreneurial ambitions.
Lesley Stalker, tax partner at RJP, looks at the issue of tax relief schemes and distinguishes between those advised, and those not.
As a tax incentive that is the envy of investors around the world, SEIS is bringing new investors to the table but needs more exposure, says Stephen Page.
Just 13 per cent of investors are aware of government tax relief schemes – but how much do you know?