Advisory and corporate finance
If you have previously obtained EIS approval, you will appreciate the importance of that relief to investors and you may be lulled into thinking you can replicate the previous application based on your business activities. While partially true, our experience as tax advisors to high growth companies, we support many businesses obtain HMRC approval to … Continue reading Avoid later phase EIS pitfalls
EIS is a valuable venture tax relief available to angel investors (with slightly different rules available to early stage companies (SEIS) and also to VCTs). Due to its attractiveness to investors, many investors will seek Advance Approval from HMRC that the relief will be available (although advance assurance is not a qualifying criteria and it … Continue reading Avoid first time EIS pitfalls
Research and Development (R&D) tax relief has been part of the tax landscape since its introduction in 2000. The rules are not particularly intuitive so the regime is regarded by some as complex. Further changes announced in the Autumn Statement 2022 mean there is an increased potential to trip up going forward. Here is our … Continue reading Don’t get caught out by changes to the R&D tax regime
For high growth businesses looking for investment, venture capital schemes such as SEIS and EIS are attractive options as they give investors tax reliefs on income tax, capital gains tax and inheritance tax to offset the risk of their investment in the year of investment or as if the investment had been made in the … Continue reading SEIS and EIS Pitfalls
For high growth businesses that have benefitted from investment under venture capital schemes such as SEIS and EIS many companies focus on complying with the rules at the time of receiving an investment and overlook the ongoing compliance requirements. The regulations can be very complex and our article SEIS and EIS Pitfalls focusses on considerations … Continue reading Ongoing risks for venture capital reliefs such as EIS