Seed EIS has come of age
- On September 30, 2021
- By GrowthInvest Marketing
A recently commissioned research survey by EISA in partnership with IFA Magazine and sponsored by Nova Growth Capital, reveals fascinating insights into how financial planners view Seed EIS says Martin Fox
Seed EIS was created by the government in 2012, to help encourage and support start-up businesses. The government offered the greatest tax reliefs available today to encourage investors, and to compensate for the risks involved. These include Income Tax relief of 50%, as well as Capital Gains Tax Relief and Loss Relief on any companies that fail.
And for companies that succeed, the rewards can be very large.
It is also true that in the 9 years since SEIS was launched, the product, and the way it is managed has significantly matured.
So why isn’t SEIS being used more by IFAs and financial planners.
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