SEIS/EIS tax relief for angels and funds
Fast and foolproof SEIS/EIS assurance and relief
Don't fall at the last hurdle - get your SEIS/EIS tax relief done correctly, the quick and easy way. Your investment company auto-completes forms with help from our experts, and you get the initial Advanced Assurance and your S/EIS3 certificates directly through the platform.
SEIS/EIS tax relief - the fast way
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SEIS/EIS Advanced Assurance
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Get your SEIS/EIS Advanced Assurance reliably - investee companies can use our quick and intuitive Advanced Assurance workflow and get expert support.
- Reliable approvals - trust our 98% success rate compared with 62% industry average
- S/EIS expert support - we make sure applications comply with the latest HMRC guidelines
- Lead investors can include Advanced Assurance in the Deal package for their cohort
SEIS/EIS tax relief made easy
Get your tax relief quickly
Use SeedLegals to make your SEIS/EIS compliance easy for everyone. Lead investors can include the compliance process in their Deal package to ensure it is always done on time, with no chasing founders and no mistakes.
- Investee company generates forms in minutes, for any number of investors
- Simplify your post-funding admin
- Store your SEIS/EIS forms across all investments on SeedLegals
No more chasing or failed applications
All the documents you need - reviewed by S/EIS experts
All the documents you get on SeedLegals are designed and reviewed by experts.
- Investee companies get their SEIS/EIS forms in our standardised format loved by HMRC
- SeedLegals manages the process as appointed agent
- HMRC-compliant S/EIS3 certificates auto-completed and sent to all individual investors
Frequently asked questions about SEIS/EIS compliance
What are SEIS and EIS?The Enterprise Investment Scheme (EIS) and the Seed Enterprise Investment Scheme (SEIS) are UK government initiatives which grant private investors a significant tax break when investing in early-stage, ‘high-risk’ companies.
Most investors in the UK will only invest in these types of companies if they are SEIS/EIS compliant, so it should be a priority for founders seeking investment.
You can learn more in our SEIS and EIS essential read for UK startups and Our complete guide to SEIS.
What's the difference between SEIS and EIS?Both the SEIS and EIS encourage investment in UK businesses. The difference between the schemes is the type of company they cover, and how much tax relief investors get.
The Seed Enterprise Investment Scheme is for investments in early-stage companies.
The Enterprise Investment Scheme is for investments in medium-sized startups.
With both schemes, investors can invest in qualifying companies in return for Income Tax relief. For SEIS, they can invest up to £200,000 per tax year for 50% tax relief. (Before 6 April 2023, this limit was £100,000 per tax year.)
For EIS, it’s up to £1 million per tax year for 30% tax relief.
For both SEIS and EIS, investors pay no Capital Gains Tax on any profit they make from selling their shares, as long as they’ve held the shares for at least three years.
Learn more in our Our complete guide to SEIS.
How are SEIS/EIS compliance and advance assurance different?SEIS/EIS Advance Assurance is confirmation from HMRC for investors that a company is eligible for SEIS or EIS funding. Before offering SEIS or EIS investment opportunities, companies can apply to HMRC for SEIS/EIS Advance Assurance with SeedLegals.
SEIS/EIS Compliance is the official certification from HMRC that investments in your company qualify for the scheme (i.e. your company is SEIS/EIS compliant).
For your company to remain SEIS/EIS compliant, you must stay eligible and follow the scheme rules for at least three years after the investment(s), otherwise, HMRC can withhold or withdraw the tax reliefs from your investors.
You can read more about how SEIS and EIS work on the HMRC website.
Should I ask for Advanced Assurance for companies I invest in?Advanced Assurance is not a necessary requirement, however, most investors require the company they are are investing in to have Advance Assurance from HMRC before they invest to ensure they are eligible.
Do I need an SEIS/EIS compliance certificate?It depends. To get SEIS/EIS tax relief, the investor must meet certain criteria, so with a nominee structure it’s possible not all of your investors will qualify.
For more about the SEIS/EIS eligibility criteria for investors, read our article: SEIS and EIS rules for startup investors.
When can I claim my SEIS/EIS relief?Investors can claim their SEIS/EIS tax relief for the tax year their shares were issued. It is best practice for companies to complete their SEIS/EIS compliance promptly - so you can get your certificates to complete your tax returns and get the tax relief.
We led a nominee structure for our investment so have multiple investors - do I have to do more than one SEIS/EIS compliance application with SeedLegals?No. Whether you have one investor or one thousand investors, our SEIS/EIS compliance service covers as many investors as you need.
Help! I’m stuck with SEIS/EIS compliance!We can help. Hit the chat button to message our friendly team. We do more SEIS/EIS compliance than anyone else - we can help get your SEIS/EIS compliance done quickly and easily.