SEIS and rollover relief made permanent

Kashflow logo
Robert Lovell
Share this content

Chancellor George Osborne announced a Budget for investment yesterday, so a lot of attention went into the tax treatment for early-stage investments in start-ups.

The Seed Enterprise Investment Scheme (SEIS), introduced as a temporary measure two years ago, and the capital gains tax 50% reinvestment relief have now been put on a permanent basis.

The indefinite extension of SEIS will allow growth of structured schemes giving investors access to such investments with a spread of risk over a basket of companies.

Investors gain income tax relief of 50% on a maximum investment of £100,000 and also benefit from 50% capital gains tax relief on any reinvestment of assets [TIIN] in an SEIS qualifying company.

The tax reliefs combined limit the exposure of higher rate taxpayers to 22.5% of their investments.

Patrick King of MHA MacIntyre Hudson said...

Please Login or Register to read the full article

The full article is available to registered members only. To read the rest of this article you’ll need to login or register. Registration is FREE and allows you to view all content, ask questions, comment and much more.


Please login or register to join the discussion.

There are currently no replies, be the first to post a reply.