Tax Rates & Allowances
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Investments
Seed Enterprise Investment Scheme (SEIS)
SEIS was introduced to encourage people to invest in companies that have just started trading by offering tax reliefs to investors that buy shares in the company.
The table below shows the income and capital gains tax reliefs that apply:
| SEIS | |
|---|---|
| Rate of income tax relief | 50% |
| Maximum investment qualifying for income tax relief | £100,000 |
| Gains exempt from CGT relief on investment in SEIS shares: | 50% |
Enterprise Investment Scheme (EIS)
EIS is available to companies that are looking to grow by offering tax reliefs to investors that buy new shares in the company.
The table below shows the income and capital gains tax reliefs that apply:
| EIS | |
|---|---|
| Rate of income tax relief | 30% |
| Maximum investment qualifying for income tax relief | £1,000,000 |
| Gains exempt from CGT relief on investment in SEIS shares: | 100% |
Social Investment Tax Relief (SITR)
SITR is available to encourage people to support social enterprises.
The table below shows the income and capital gains tax reliefs that apply:
| SITR | |
|---|---|
| Rate of income tax relief | 30% |
| Maximum investment qualifying for income tax relief | £1,000,000 |
| Gains exempt from CGT relief on investment in SEIS shares: | 100% |
Venture Capital Trusts (VCTs)
SEIS was introduced to encourage people to invest in companies that have just started trading by offering tax reliefs to investors that buy shares in the company. The table below shows the income and capital gains tax reliefs that apply:
| VCT | |
|---|---|
| Rate of income tax relief | 30% |
| Maximum investment qualifying for income tax relief | £200,000 |
