Richard Curtis outlines the tax advantages of the enterprise investment and seed enterprise investment schemes.
Most governments are keen to promote business activity, and coincidentally the House of Commons Library has recently published a page of sources of support for businesses (tinyurl.com/HoCBusSup).
Government support includes the enterprise investment scheme (EIS) and its sibling, the seed enterprise investment scheme (SEIS) – venture capital schemes designed to encourage, by means of attractive tax reliefs, shareholding investment in growing companies. According to the EIS Association, nearly £30 billion has been invested in more than 53,000 companies since the schemes were created in 1994 and 2012 respectively.
This brief article focuses on the individual investors, but companies must first ensure that
