Everyone works hard for their money, and as a result investing is a daunting experience due to the risk of loss. Fortunately, an investment in Enterprise Investment Scheme “EIS” and Seed Enterprise Investment Scheme “SEIS” companies offer loss relief. This incentive enables an investor to offset losses obtained against either their Income Tax or Capital Gains Tax “CGT” amount.
SEIS/EIS were set up by the government to enable small startup companies to attract their first round (and riskiest) of capital. With EIS, a company can raise up to £12 million and with SEIS the company can raise £150,000.