Log in or register
Share on LinkedInShare on LinkedIn

ARTICLE · 30 DECEMBER 2011

New Seed Enterprise Investment Scheme

Charles Russell Speechlys LLP
Charles Russell Speechlys LLP
Contributor
Charles Russell Speechlys LLP

Charles Russell Speechlys LLP

Charles Russell Speechlys is an international law firm with a focus on private capital, at the...

View firm profile
Explore more from Charles Russell Speechlys LLP

In the Autumn Statement on 29 November 2011 the Chancellor announced that the Government will introduce a new Seed Enterprise Investment Scheme ("SEIS") to encourage investment in new start-up companies.

United KingdomTax
Amanda Solomon
Amanda Solomon

Background

In the Autumn Statement on 29 November 2011 the Chancellor announced that the Government will introduce a new Seed Enterprise Investment Scheme ("SEIS") to encourage investment in new start-up companies. Subsequently, on 6 December 2011, the Government published a draft of Finance Bill 2012 that includes most (but not all) of the draft legislation concerning the SEIS.

The draft SEIS legislation is, of course, likely to be amended before it is enacted in Finance Act 2012. However, based upon the 6 December 2011 draft legislation, the key elements of the SEIS are outlined below.

Three new tax reliefs for individuals

The SEIS will provide individuals with up to three different tax reliefs.

We operate a free-to-view policy, asking only that you register in order to read all of our content. Please login or register to view the rest of this article.

Register for freeORLog in

Related Articles

Legal Intelligence Newsletters: sign up for the latest legal and regulatory news on your chosen topics

Read more about

Related Comparative Guides

See more popular content from

Article

UK ‘Windfall’ Bank Tax Would Worsen An Already Complex System

UK banks face the prospect of a new windfall tax as campaigners push for additional levies on strong reported profits, while industry leaders warn of potential consequences for lending, investment, and the UK's position as a global financial centre. This analysis examines the practical implications of adding another layer to an already complex sector-specific tax regime that includes corporation tax, banking surcharge, and bank levy.
United KingdomTax
RPC
RPC
Article

Frequently Asked Questions About IRS Clearance And Form 706-NA

UK executors and beneficiaries dealing with US assets face significant delays in obtaining IRS Transfer Certificates, with waiting times now extending to two or three years. This comprehensive FAQ addresses the critical questions surrounding Form 706-NA applications, US estate tax requirements, and the practical challenges of administering estates containing US shares and investments when the deceased was not a US citizen.
GlobalTax
Lester Aldridge LLP
Lester Aldridge LLP
Article

Transfer Pricing Enquiries: HMRC’s Approach And Recent Cases

Transfer pricing litigation in the UK has historically been rare, but recent procedural cases reveal HMRC's increasingly aggressive approach to enquiries. With average enquiry durations now exceeding 40 months and transfer pricing yield surging to £3.4bn, understanding the legal boundaries of information requests and closure notice applications has become critical for multinational groups facing contentious disputes.
United KingdomTax
Macfarlanes LLP
Macfarlanes LLP
Article

What July 2026’s Bank Of England Decision Means For Private Capital Stakeholders

As widely anticipated, the Bank of England voted last week to hold Bank Rate at 3.75%. Whilst markets had expected the decision, it is noticeable that the Monetary Policy Committee (MPC) moved from a 7-2 decision, to a 6-3 one, with three members favouring a 0.25% increase. The move demonstrates the continued uncertainty around the UK’s inflationary environment, particularly in light of geopolitical tension, tariffs and trade disruption and political change, and their combined impact on global energy prices and the wider economic outlook.
United KingdomFinance and Banking
Charles Russell Speechlys LLP
Charles Russell Speechlys LLP
Article

Summer 2026 Update: Where Are We Are On The Government’s Roadmap To Commonhold?

The UK Government has announced plans to introduce a substantially amended Commonhold and Leasehold Reform Bill in Autumn 2026, incorporating recommendations from the Housing Select Committee that could accelerate major changes to residential property ownership. Key proposals include reducing ground rent caps from £250 to nil after just 20 years, mandating automatic conversion to commonhold after collective enfranchisement, and establishing an independent regulator for property managing agents with enf
United KingdomReal Estate and Construction
Charles Russell Speechlys LLP
Charles Russell Speechlys LLP