Venture Capital Tax Reliefs a great mean of the UK Government for the growth of SMEs through a sort of mutual symbiosis between investors and companies.
Early-stage companies raise finance by offering a range of tax reliefs tp investors who purchase new shares in those companies
Relief provides generous Income Tax and Capital Gains Tax incentives to investors.
Enterprise Investment Scheme (EIS)
EIS helps smaller, companies in the pre-trading fase.Income Tax relief is available at 30% of the amount invested. Gains made on the disposal of qualifying investments are free from Capital Gains Tax.
Seed Enterprise Investment Scheme (SEIS)
SEIS helps small, early-stage companies raise equity finance, through offering income tax relief at the rate of 50%; and gains made on the disposal of qualifying investments free from Capital Gains Tax.
Venture Capital Trust (VCT)
A VCT is an an alternative to EIS.
VCT is an investment company whose shares are listed on a European regulated market. It is required to invest in and maintain a portfolio of qualifying trading companies.
Social Investment Tax Relief (SITR) is an alternative introduced by the UK Government in 2014.
Are you an individual looking to make an investment?
Are you a company looking to raise funds?
Cesca Accounting can advise and deal with HMRC on your behalf.