Overview of current government tax reliefs available for ambitious growing UK company including S-EIS, R&D tax credits, Patent Box, EMI share options
SEIS / EIS
In this video we flag a potential issue for founders who are seeking funding under SEIS and may not be aware that the NIC Employment Allowance can impact on the max £150,000 amount that can be raised under SEIS
So you have made an investment into an SEIS company but you don't want to claim (all of) the income tax relief in the latest tax year - how do you carry it back?
A Uni spin-out purchased software to develop it to license out to customers. It intended to raise SEIS funding but its advance assurance application was rejected by HMRC under the excluded activities test.
Raising funding under the SEIS or EIS can generate significant cash savings for the investors but more can be achieved - if you know how...
Here we provide a comprehensive 'hands-on' overview on how to apply for SEIS EIS HMRC advance assurance aimed at entrepreneurs and founders.