EIS and SEIS Tax Relief in Norwich

Investing in early-stage businesses carries potential for high returns, but also significant risk. The UK government's Enterprise Investment Scheme (EIS) and Seed Enterprise Investment Scheme (SEIS) are designed to mitigate some of these risks by offering attractive tax reliefs to investors. At Eastfield Accountants, we specialise in navigating these complex schemes, ensuring our clients in Norwich, Norfolk, and beyond remain compliant with tax regulations.

Understanding EIS and SEIS can be challenging, but the benefits are undeniable. From significant tax relief to loss relief and capital gains tax exemption, these schemes offer a way to support innovative startups while reducing the financial risks involved.

Our EIS and SEIS services

We assist individuals who have used EIS and SEIS, offering services such as:

  • Tax relief claim processing
  • Compliance and documentation support

Investment structuring and compliance

Structuring your investment correctly is crucial for maximising tax relief. We provide expert advice to ensure full compliance with HMRC requirements.

EIS and SEIS FAQs

What are the key differences between EIS and SEIS?

EIS and SEIS are similar but target different stages of company development. SEIS is designed for seed-stage companies, offering higher tax reliefs to reflect the increased risk. EIS is for more developed companies. We can help determine which scheme is most appropriate for your investment.

How much can I invest through EIS and SEIS?

For EIS, you can invest up to £1,000,000 per tax year, while for SEIS, the limit is £100,000. Both schemes offer carry-back options to apply reliefs to the previous tax year.

What happens if the company I invest in fails?

Both schemes offer loss relief against your income tax or capital gains tax, reducing the financial impact of failed investments. We can guide you through claiming this relief should the need arise.

Partner with Eastfield Accountants for expert EIS and SEIS guidance

Mark and Tom at Eastfield Accountants are your partners for navigating the complexities of EIS and SEIS. Our tailored advice can help you achieve your financial goals.

Contact us today to explore how EIS and SEIS can benefit your investment strategy.

Expert EIS and SEIS Tax Relief Services with Eastfield Accountants

Strategy, Tax

Related services

See below for other related services we provide to fully support your financial needs.

  • Capital Gains Tax Advice
  • Self Assessment Tax Returns
  • Trust Tax Returns
  • Employee Ownership Trusts
  • Company Formations
  • Inheritance Tax & Estate Planning

Strategy, Tax

Capital Gains Tax Advice

Strategy, Tax

Obtain valuable insights and expert guidance on Capital Gains Tax (CGT) with our dedicated advisory services. We offer comprehensive assessments and tailored advice to help you minimise tax liabilities and maximise your returns. Trust us to provide reliable and approachable CGT advice, ensuring you make informed financial decisions for optimal outcomes.

Tax

Self Assessment Tax Returns

Tax

Effortlessly navigate the self-assessment process with our reliable services. We ensure accurate submissions and maximise your tax savings. Trust us to handle your self-assessment tax returns, providing peace of mind and efficient compliance.

Strategy, Tax

Trust Tax Returns

Strategy, Tax

Ensure compliance and accuracy with our comprehensive trust tax return services. We understand the unique tax requirements and regulations related to trusts and will handle your tax return preparation meticulously. Trust us to manage your trust tax returns with precision, allowing you to meet your obligations and maintain trust compliance efficiently. Focus on managing your trust while we take care of the tax compliance process.

Strategy, Tax

Strategy, Tax

Accounting, Strategy

Employee Ownership Trusts

Accounting, Strategy

Transitioning to an Employee Ownership Trust (EOT) represents a significant shift in how businesses operate, offering unique benefits for both owners and employees. Eastfield Accountants can help in guiding businesses through the complexities of establishing and managing EOTs, ensuring a smooth transition that aligns with your strategic goals.

Strategy

Company Formations

Strategy

Simplify the process of establishing your company with our professional company formations service. We will guide you through the intricacies of company formation, ensuring compliance with legal requirements and streamlining the administrative procedures. Trust us to handle the necessary documentation, registrations, and filings, allowing you to focus on building your business. Let us take the hassle out of company formations and set the foundation for your success.

Strategy, Tax

Inheritance Tax & Estate Planning

Strategy, Tax

Secure the future of your estate with our comprehensive inheritance tax and estate planning services. We offer expert guidance in structuring your assets, minimising inheritance tax liabilities, and creating a lasting legacy for your loved ones. Trust us to provide tailored solutions that ensure your estate planning goals are achieved while preserving your wealth for future generations.