Picture of angels ? More SEIS and Angels
Moving higher up the risk spectrum we have reached the Seed Enterprise Investment Scheme (SEIS), which was introduced in 2011. This is for even smaller and earlier stage start-up companies that are less than 2 years, with lower limits of staff to 50 and far lower gross assets at £200,000. The SEIS Tax breaks are more generous than VCT and EIS but is it enough?
In return for where only angels fear to invest the Income tax relief is 50%, so you get £5,000 off your income tax bill for investing £10,000 but you can invest up to £100,000 through the sc...
