The recent launch of the SEIS Directory on SEIS.co.uk has seen some of the UK’s newest start-ups take advantage of being able to be listed on the number one site for the widely lauded legislation.
The SEIS Directory allows any company seeking investment through SEIS to get listed. Companies are able to upload photos, videos, links to their social media channels, the investment platform on which they are featured, and their own website. Plus they are able to upload proof of their Advance Assurance certificate, seen as being a rubber stamp of approval from HMRC regarding SEIS compliance. Most importantly however, a company featured in the directory benefits from being placed on the leading SEIS website in the UK.
Although the SEIS legislation is still relatively new, having only been launched in 2012, the incentives it provides to investors has helped it to emerge as one of the most widely commended Government-back schemes ever introduced in the British Isles.
By offering huge tax-incentives, SEIS allows investors are able to take a large part of the risk out of investing in qualifying UK start-ups. The start-up sector is flourishing in the UK currently, and more entrepreneurs have now become aware of the potential for raising all the capital they require by making sure they qualify.
The Breaks
The Seed Enterprise Investment Scheme gives investors a number of significant tax breaks which include:
50% Income Tax Relief
Against a maximum annual investment of £100,000.
Capital Gains Tax Relief
After the three year holding period, 100% relief is given on any profits made from the sale of shares from an SEIS investment.
Capital Gains Tax Re-investment Relief
If you cash in shares held outside of SEIS for the purpose of investing in a company which qualifies, your CGT will be reduced by 50%.
100% IHT Relief
Family members and beneficiaries will benefit from being able to inherit any shares you have via SEIS, with no inheritance tax liability.
Entrepreneurs Get Ready
These incentives have encouraged many of Britain’s top investors to scour the internet looking for exciting investment opportunities which are SEIS-compliant. A 50% reduction in the annual income tax bill is something nobody in the UK could possibly overlook, and when an opportunity is presented to be able to invest in something tangible and potentially successful to boot, it’s relatively clear why SEIS has been earmarked as having the potential to drive the UK’s economy for years to come.
Entrepreneurs can place themselves in front of these investors by taking up the chance to become listed on the UK’s number one SEIS site. Featuring on the only SEUIS Directory in existence is a must for any start-up hoping to seek the vital early-stage funding they need to give themselves the best chance to succeed.
For more information on becoming featured within the SEIS Directory, visit SEIS.co.uk
