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Enterprise Investment Scheme

The Enterprise Investment Scheme is designed to help smaller, higher-risk companies raise finance and investors can obtain generous income tax and capital gains tax breaks for their investment.  The table below sets out the income and capital gains tax reliefs.

Venture capital trusts

VCTs are designed to encourage private individuals to invest in smaller high-risk unquoted trading companies. They can receive income tax relief of 30 per cent of the amount invested, up to £200,000. Dividends paid out of VCTs are tax-free and capital gains are also tax-free.

Seed Enterprise Investment Scheme

A junior version of EIS known as Seed Enterprise Investment Scheme (SEIS) has been introduced - please see table below for differences.


VCT EIS
SEIS
Annual investment limit £200,000 £2 million
£100,000
Income tax relief for subscribers 30% 30% 50%
Clawback if held for less than 5 years 3 years 3 years
Tax free dividends? Yes No No
Tax free capital gains? Yes Yes - after 3 years Yes - after 3 years
Tax relief for losses? No Yes - after 3 years Yes - after 3 years
IHT business property relief? No Yes Yes

Rates & Allowances Pages ► Income Tax Rates & AllowancesCapitlal Gains TaxPensions

Registered office: 61 Friar Gate, Derby, Derbyshire, DE1 1DJ

Adrian Mooy & Co is the trading name of Adrian Mooy & Co Ltd.  Registered in England No. 05770414

Registered to carry out audit work by the Association of Chartered Certified Accountants - auditregister.org.uk 8011438

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61 Friar Gate  Derby  DE1 1DJ

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