SEIS / EIS / VCT

Understanding your eligibility

What you should know about

SEIS, EIS & VCT Advance Assurance

EIS, SEIS, SITR & VCT Advance Assurance enables companies to receive a provisional indication from HMRC whether they may be eligible to apply for tax relief for their investors. Advance Assurance was introduced by HMRC as full SEIS/EIS eligibility can only be granted by them after the investment has been made.

Advance Assurance was introduced to give investors assurance that their investments should be eligible based on the information they’ve been provided.

At Counting King, we recommend any company that wants to offer EIS or SEIS tax relief to provide HMRC Advance Assurance before we completing the investment round. This allows you to offer an extra layer of security and confidence for investors that an investment will be eligible for tax relief.

What is SEIS and why should you apply?

  • If your start-up is fundraising you’ll want to make yourself more investible.

  • The Seed Enterprise Investment Scheme (SEIS) and Enterprise Investment Scheme (EIS) help you do just that. EIS was the first of the two to be launched with SEIS emerging in 2012.

  • SEIS is a mechanism which entices investors to work with you and your company vs someone who may not be SEIS approved.

  • Demonstrate to potential investors that you are an astute business and can show the acumen not only to be savvy with your business plan and your business finances but also show that you are looking to offer investors more than your competitors.

What is EIS?

  • EIS, SEIS, SITR & VCT Advance Assurance enables companies to receive a provisional indication from HMRC whether they may be eligible to apply for tax relief for their investors. Advance Assurance was introduced by HMRC as full SEIS/EIS eligibility can only be granted by them after the investment has been made.

  • Advance Assurance was introduced to give investors assurance that their investments should be eligible based on the information they’ve been provided.

  • At Counting King, we recommend any company that wants to offer EIS or SEIS tax relief to provide HMRC Advance Assurance before we complete the investment round. This allows you to offer an extra layer of security and confidence for investors that an investment will be eligible for tax relief.

For help or advice please contact us:

Get In Touch !

We operate nationwide for a range of services and would love to help if possible.

Our highly trained consultants and analysts will look after you and all of your referrals so well, they will thank you for introducing us!

 

0161 667 5069

info@countingking.co.uk

Magnetic House, Salford, M50 3XW

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Download SEIS / EIS / VCT Information

Learn about SEIS / EIS / VCT