Erika Jupe and Clara Snow examine its pros and cons.
The SEIS will be a good way of attracting investment for small businesses that are finding it increasingly difficult to raise funds from more traditional sources such as banks or VC investors. SEIS investors will in return for taking a real business risk receive up-front income tax relief and the possibility of tax-free capital gains on their investment as well as a CGT exemption on certain reinvested gains.
In this article we look at the proposed rules in more detail...
