Seed Enterprise Investment Schemes

[MrRobin]

Was searching the budget report for mention of changes to EIS or VCTs and came across Seed Enterprise Investment Schemes (SEIS) which offer a 50% income tax relief.

I know they're obviously extremely risky but is anyone else considering investing like this? Where does one find such a company?

[Waldorf]

Try some of the Dragon's Den cast offs?

Perhaps someone will set up a means to match each side up, perhaps an idea for Plan B?

[MrRobin]

Hmm.. I would have thought the dragons have turned them down for very good reasons!

Looks like someone beat you on the plan B idea...

Using crowdfunding to help raise business investment for UK entrepreneurs

[minstrel]

I noticed SEIS in the budget too and wondered what they were about.

Looks like they are new for the 12/13 tax year - HMRC link

It'll be interesting to see what products the existing EIS/VCT providers will be offering next year. I expect they'll do something as the 50% is a good selling point. SEIS looks like it is for much smaller companies though, so risks are clearly higher and may not scale well to a product for the bigger providers.