The MoneyLab Blog

Johnathan Graham

Recent Posts

Registering a UK branch with the Companies House - 10 key areas

Posted by Johnathan Graham on 08-Oct-2018 13:56:30

 

For a foreign company to qualify for SEIS and/or EIS they must meet at least one of two additional requirements. They must either: 1) Have a' permanent UK establishment which means an element of work is carried out in a fixed place of business. 2) Have a UK representative that can enter into contracts on behalf of the company (for more information read my prior blog: “Can a foreign (non-UK) company obtain SEIS and EIS monies”).

As stated on the Gov.uk website "you must register (with the Companies House) if you set up a place of business in the UK or if you usually carry out business from somewhere in the UK". 

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Topics: foreign company, EIS, SEIS, OS IN01

Can a foreign (non-UK) company obtain SEIS and EIS monies?

Posted by Johnathan Graham on 07-Jun-2018 16:07:53

 

If you are a foreign company looking to expand into the UK, the good news is that you can avail of the SEIS and EIS schemes, thereby benefiting not only from increasing market reach, but also by being able to tap into UK private investment (via the SEIS and EIS schemes). All monies raised are received directly into the foreign company's bank account, allowing the foreign company to directly use the capital.

The SEIS and EIS incentives allow qualifying companies to raise capital, which is critical to expanding into new territories. The SEIS/EIS schemes enable investors to claim back income tax reliefs (50% for SEIS and 30% for EIS), avail of Capital Gains Tax reliefs and/or deferrals and apply for loss relief if it all goes wrong.

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SEIS/EIS Loss relief: Do I lose all my investment if the company fails?

Posted by Johnathan Graham on 24-May-2018 10:36:10

 

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.

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Five points every startup should be aware of to be GDPR compliant

Posted by Johnathan Graham on 18-May-2018 12:37:05

 

The dark cloud of the General Data Protection Regulation, better known as GDPR is about to descend upon us. Have you got your umbrella of security and raincoat of compliance at the ready? Are you prepared for the hailstones of data protection? Hiding away by taking shelter unfortunately is not an option; but never fear, Johnathan is here with a summary checklist of what needs to be done by the 25th of May.

GDPR is coming into effect, replacing the Data Protection Act 1998.

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