The Seed Enterprise Investment Scheme (SEIS) and Enterprise Investment Scheme (EIS) provide significant tax reliefs to individual investors, helping you turn your business ambitions into reality.

SEIS

SEIS is designed to help construction companies raise initial capital by ofering tax reliefs to individual investors who purchase shares in your company.

EIS

Like SEIS, the EIS helps businesses secure funds for growth by ofering tax reliefs to investors.

Both schemes require adherence to specific rules to ensure that investors can claim and retain their tax reliefs.

The shares issued must be:

• Fully Paid-Up: In cash and on issue.
• Ordinary Shares: They must be full-risk, not redeemable, and carry no special rights to assets.

Risk-to-Capital Condition

HMRC mandates that the investment must genuinely be at risk, meaning:

• Business Growth: The funds must be used for the growth and development of your construction business.
• Investor Risk: The investment should involve a real risk to the investors' capital.

Scheme Details

SEIS:

• Maximum Investment: £250,000, inclusive of other state aids within three years.

EIS:

• /strong>Maximum Annual Raise: £5 million.
• Lifetime Maximum: £12 million, including amounts raised under other schemes.
• Investment Timing: Must be within seven years of the first commercial sale, with extended limits for knowledge-intensive companies.

Compliance

To retain the tax reliefs, your construction business must adhere to the scheme rules for at least three years after the investment. Biz Associates Ltd can help you navigate these requirements, ensuring your business remains compliant.

Advance Assurance and Compliance Statement

We assist in securing advance assurance from HMRC to confirm the likelihood of qualification before issuing shares. Additionally, we guide you through the completion of a compliance statement after issuing shares.

Trust our expertise to eficiently manage your SEIS and EIS processes and ensure full compliance.