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EIS, SEIS, VCT and SITR

Overview

The Government has various investment schemes for businesses to raise capital in a tax privileged environment.

  • Enterprise Investment Scheme
  • Seed Enterprise Investment Scheme
  • Social Investment Tax Relief
  • Venture Capital Trusts

The detail of these schemes is outside this brief guide.

For an overview of relief for investors – see HMRC Guidance

For an overview of schemes for businesses – see HMRC Guidance – we would add that the thresholds and regulatory nature of these schemes are such that Whitefield / YogaTax clients won’t be using them, eg:

  • Restrictions on age of business
  • Restrictions on investment by directors and employees
  • The relatively complex application process

The schemes do, of course, have their place but tailored advice is required.