2017/18 | 2018/19 | 2019/20 | 2020/21 | 2023/24 | |
Income Tax Relief | 50% | 50% | 50% | 50% | 50% |
Minimum investment | N/A | N/A | N/A | N/A | N/A |
Maximum investment | £100k | £100k | £100k | £100k | £100k |
- SEIS relief is capped at the lower of 50% of the investment or the individual’s income tax liability.
- The relief applies to cash subscriptions of newly issued ordinary shares in unquoted UK companies that satisfy the HMRC criteria.
- Additional reliefs may apply such as the ability to carry back the investment to a prior tax year or relief for capital gains.
- Relief may be withdrawn if the shares are sold within a certain period.
- Partial relief for the loss on the disposal of SEIS shares can be relieved against income or capital gains.
- The shares may be sold free of capital gains tax, subject to certain conditions.
- Such investments should be discussed with an independent financial adviser who will consider the risk of the particular investment.
- If you are deemed to be connected with a company, SEIS relief may not be available or could be withdrawn.
- Such investments should be discussed with an independent financial adviser who will consider the risk of the particular investment.
