The Seed Enterprise Incentive Scheme (also called SEIS) is a tax relief scheme that lets you save on tax by investing in new businesses just starting up.
SEIS is possibly the most tax-efficient investment scheme in the UK. You can get certain tax reliefs from investing in SEIS-eligible businesses:
Because of these reliefs, you can only invest up to a maximum of £100,000 per tax year.
You have tax obligations, but there is a chance that you are paying higher rates of tax than you need to, based on assumptions that HMRC may make from your income and expected revenue. To ensure that your accounts are running in the most tax-efficient way possible, contact our experts for a comprehensive consultation!