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Qualifying for the Enterprise Investment Scheme
Investment and Capital Raising | November 21 Hmrc seis application By the end of the 2014-15 tax year, a cumulative total of £14.2 billion had been invested under the scheme into approximately 25,000 companies. In that year, in excess of £1.8 billion was invested under the EIS.
Seis startup
Section 257HG, ITA, sets out the meaning of a 'qualifying business activity' which a company must have to qualify for SEIS (the Own Qualifying Business condition). Female Founders Being part of something big from the beginning is always a nice feeling, and with EIS investments, you’re helping small business with big plans for growth and success to take the next step. While there’s no guarantee of their journey’s outcome, there’s a sense of confidence that comes with knowing the shares you’re buying are backing owners with energy, drive and commitment. 
Clean and green investing for a low-carbon economy
SEIS is made for very early-stage companies. Under this scheme, an individual can invest up to £100,000 per tax year. In return, the UK government will give them a 50% tax break the either the current or previous tax year. If after three years the investor decides to sell their shares, they will benefit from a capital gains tax exemption on profits made on the sale. Relevant Contract Types Given the value of EIS tax reliefs a series of strict conditions must be met (usually for a period of three years from each issue of EIS shares) to secure EIS treatment. A breach of the conditions can lead to any tax relief being clawed back. Bespoke legal advice should always be sought by each investor or company looking to secure EIS relief.For the company broadly the following main conditions must all be met:
Seis application
The long and short of it is that when you’ve issued your shares, you complete a compliance statement (EIS1) and send it to HMRC. You can find the EIS1 on the gov.uk website. EIS/SEIS - Advance Assurance Application If you fail to provide all of the requested information, it will at best lengthen the process and at worst result in your application being rejected.
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