News: April 2014
Seed EIS relief to be permanent
Seed EIS was introduced in 2012/13 to provide tax relief for individuals investing in small start–up companies and was originally scheduled to end on 5 April 2017. It was announced in the Budget that the generous tax breaks would now be made permanent:
- A 50% tax reducer on up to £100,000 invested each tax year
- A 50p reduction in capital gains made for every £1 qualifying Seed EIS investment
Contact us if you need advice on these and other tax–efficient investments.