What is SEIS (Seed Enterprise Investment Scheme)?

The Seed Enterprise Investment Scheme (SEIS) offers 50% income tax relief to individual investors who subscribe for qualifying shares in early-stage UK companies. Gains on SEIS shares held for at least three years are exempt from capital gains tax, and losses can be offset against income. From April 2023, the maximum investment qualifying for SEIS relief increased to £200,000 per investor per tax year, and the company limits were also raised. The company must be carrying on a qualifying trade, have gross assets below £350,000 and fewer than 25 full-time employees at the time of investment.