If they are disposed of within that three year period, or if any of the qualifying conditions cease to be met before the termination date for the shares (3 years from the date of the share issue), relief may be withdrawn or reduced. The shares must be held for a period of at least three years from the date of issue for the relief to be retained. You donРІР‚в„ўt need to be a UK resident to claim SEIS, but you must have UK income tax liability against which to set the relief. Have UK income (but not necessarily live there) However, the Advance Assurance will not tell if you, as an investor, would meet the conditions for these schemes. ItРІР‚в„ўs a document that shows HMRC agrees an investment in the company is SEIS/EIS eligible. Regarding the company you are investing in, you should ask them for proof of Advance Assurance letter from HMRC. Here is a more in-depth overview of the SEIS/EIS Schemes.Р”Р„s an investor, in order to benefit from SEIS/EIS in your investments, you need to ensure that (i) the company you are investing in and the shares you receive in exchange for your investment are SEIS/EIS eligible, and (ii) you as an investor are eligible for these schemes РІР‚вЂњ otherwise your tax breaks may be denied or reduced by HMRC. The Seed Enterprise Investment Scheme (SEIS) and the Enterprise Investment Scheme (EIS) are two of a number of UK government initiatives which encourage innovation by granting private investors a significant tax break when investing in early stage, РІР‚Вhigh-riskРІР‚в„ў companies.

Eis holdings