The Seed Enterprise Investment Scheme (SEIS) and Enterprise Investment Scheme (EIS) are designed to help raise money for your business. They do this through offering great tax efficient benefits to investors in return for investment in businesses in the UK.
The aim of the schemes was to boost economic growth in the UK by promoting new enterprise and entrepreneurship.
As with all things tax related there are rules that must be adhered to and limits as to who, when and how much can be raised.
We can aid in establishing whether you would qualify and what you need to complete in order to apply. It is often advisable to apply for advanced assurance which can be done before raising the capital, that way you can inform the investors that you are funding under the scheme.
Since engaging Elm Financial to aid us in our payroll, bookkeeping, management reporting and year end accounts we have taken huge relief in knowing that everything is up-to-date and accurate. It is a relief not to have the worry of dealing with HMRC and all the reporting requirements as this is all handled by Elm Financial. They are very responsive to our questions and always on hand to help. We would recommend them highly.