Budget 2013 SEIS Extended
Published / Last Updated on 12/03/2014
Budget 2013 SEIS Extended.
Seed Enterprise Investment Scheme (SEIS) where taxbreaks are offered for investment in funds that investment in business development finance.
SEIS in brief:
- Up to 50% income tax relief on investments up to £100,000 per tax year.
- Must be a small start-up company with less than 25 employees that has been trading for less than 2 years.
- No Capital GainsTax was for first year.
Budget 2013 confirms capital gains tax relief for SEIS extended for an additional two years to 2014/15, but the level of relief will halve.