Start-Ups to Benefit from New Government Scheme
As part of the Government’s efforts to stimulate entrepreneurship and kick start the economy a new initiative will be made available from 6th April 2012 to support small start-up companies needing to raise finance and attract investment.
The Seed Enterprise Investment Scheme (SEIS) offers generous tax relief to investors who subscribe for shares that equate to a stake of less than 30% in the company.
The new scheme is similar to the Enterprise Investment Scheme (EIS) but the SEIS focuses solely on direct investment into start-up companies with the intention of making it easier for these companies to grow and become established. Click here for more details.