The Seed Enterprise Investment Scheme (SEIS): Your complete guide
As a seed-stage business, angel investors may see you as a high-risk investment – but with the tax relief benefits offered through SEIS they could be ready to take the plunge. If you’re looking to raise under SEIS you will need to apply for SEIS Advance Assurance from HMRC. In this article we explain how your company can qualify for SEIS, enabling you to attract investors with the incentive of SEIS tax relief.
What is SEIS? An introduction
In 2012, the UK government set up the Seed Enterprise Investment Scheme (SEIS) as an initiative that would incentivise investment in small, seed-stage companies. By offering tax relief benefits to private investors who invest in these businesses, it was hoped that this would stimulate the growth of the economy and encourage entrepreneurship.
