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HMRC have released statistics showing the number and amount of investments made under the Enterprise Investment Scheme (EIS), Seed Enterprise Investment Scheme (SEIS) and Social Investment Tax Relief (SITR) scheme.

EIS, SEIS and SITR provide methods of raising finance while providing investors with tax incentives in the form of Income Tax and Capital Gains Tax (CGT) reliefs.

Statistics released by HMRC's include first estimates of funds raised in the 2019-20 tax year, information about advance assurance requests along with the first estimates for 2020-21. 

For both EIS and SEIS the majority of funds were raised by companies in the information and communication sector. Manufacturing and professional, scientific and technical industries also featured heavily. 

Enterprise Investment Scheme

Seed Enterprise Investment Scheme

Social Investment Tax Relief

Useful guides on this topic

EIS: Enterprise Investment Scheme (Subscriber guide)
When can EIS relief be claimed?  What are the conditions for EIS relief?  What are the benefits of EIS relief?

SEIS: Seed Enterprise Investment Scheme (subscribers)
When can SEIS relief be claimed?  What are the conditions for SEIS relief?  What are the benefits of SEIS relief?

Social Investment Tax Relief
What is SITR?  What are the qualifying conditions for SITR?  What relief is available?

EIS or SEIS: Advanced assurance from HMRC
HMRC offers an advance assurance application service for both the Enterprise Investment Scheme (EIS) and Seed Enterprise Investment Scheme (SEIS).

Risk-to-capital: EIS, SEIS and VCTs
The Finance Act 2018 introduced a new 'risk-to-capital' condition for companies raising funds via the Enterprise Investment Scheme (EIS), Seed Enterprise Investment Scheme (SEIS) and Venture Capital Trust (VCT) arrangements.

Knowledge-Intensive Companies
What are the conditions for investing in EIS Knowledge-Intensive Companies (KICs), what qualifies and how can it benefit investors?

External link

National Statistics: Enterprise Investment Scheme, Seed Enterprise Investment Scheme and Social Investment Tax Relief: May 2021


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