Are you an entrepreneur seeking funding to propel your startup's growth? Or maybe you're an investor looking to benefit from generous tax reliefs? Look no further than RJP's comprehensive Enterprise Investment Scheme (EIS) and Seed Enterprise Investment Scheme (SEIS) tax services.
Why choose EIS with RJP?
RJP understands just what it takes to ensure HMRC approval of proposed EIS and SEIS investment. With our deep expertise in tax advisory, we can help you:
- Navigate the complex EIS approval process with HMRC, providing confidence to your potential investors.
- Structure your company effectively to qualify for EIS or SEIS tax benefits.
- Gain expert representation in dealing with HMRC, ensuring compliance and peace of mind.
Is your company EIS-Ready?
To attract EIS investment, your company should be:
- An unquoted trading company or the parent company of a trading group.
- Conducting a significant portion of its trade within the UK and established here.
- Which hasn’t been trading for more than seven years.
- Holding gross assets of no more than £15 million before shares are issued.
- Employing fewer than 250 people.
- Looking to raise no more than £5 million through EIS in a 12-month period.
- Use the funds for business purposes within 24 months.
Investor’s checklist for EIS:
If you’re an investor, you’ll need to:
- Buy new shares, which do not come with preferred rights, which you hold for at least three years.
- Own less than 30% of the company’s shares.
- Ensure you’re not connected to the company through employment, with certain exceptions for paid directors.
Kick-starting with SEIS?
For start-ups considering the SEIS route:
- Your company should be less than two years old and carrying on a qualifying trade.
- You should have fewer than 25 employees and own assets under £200,000.
- The combined sum of SEIS investments should not exceed £250,000 in total.
Combining SEIS and EIS funding is possible but must follow certain guidelines.
Need to obtain Tax Approval?
Take the next step towards unlocking your company’s potential. Get in touch with us at RJP for expert guidance on tax approval for EIS and SEIS. Let us be your partner in growth and innovation, as we help you take full advantage of the financial incentives available to you.
Contact RJP for expert EIS and SEIS services
Ready to start your EIS journey? Reach out for professional, no-jargon advice that’s just a phone call or email away. At RJP, we’re all about making complex tax systems simple for businesses across Surrey and South London.
Contact RJP today and explore how we can support your business’s ambitions.
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