SEIS investors can enjoy substantial tax benefits as noted above.
The UK government took the view that tax reliefs of this level of generosity should be enjoyed only as a result of investments involving high risk. By extension, they should not be enjoyed as a result of investments broadly defined by capital preservation, predictable income and lower risk. This concern was among the issues at the heart of a recent major review of the funding of innovative companies in the UK.
Now, the Seed Enterprise Investment Scheme (SEIS) explicitly targets start-ups and companies in the very early stages of development, to empower innovation in the UK from the ground up.
To find out more about SEIS, access your complimentary copy of the SEIS Annual Report 2023 here
