Accessibility links

Free Consultation
MENU

+44 (0) 1252 728 598

VCT, EIS & SEIS compared

  1. Resources
  2. Your money
  3. Savings & investments

At Branston Adams we can advise individuals in the Surrey area on a range of tax-saving opportunities. The following article compares Venture Capital Trusts, the Enterprise Investment Scheme and Seed Enterprise Investment Scheme.

The reliefs for Venture Capital Trusts (VCT), the Enterprise Investment Scheme (EIS) and Seed Enterprise Investment Scheme (SEIS) are similar in many respects, but there are some significant differences. The table below highlights the main reliefs. For further details see the facts sheets for each type of investment.

  VCT EIS SEIS
Annual investment limit £200,000 £1 million * £100,000
Income tax relief for subscribers 30% 30% 50%
Clawback if held for less than 5 years 3 years 3 years
Reinvestment relief period
– before gain made N/A 1 year Same tax year
– after gain made N/A 3 years  
Tax free dividends? Yes No No
Tax free capital gains? Yes Yes (after 3 years) Yes (after 3 years)
Tax relief for losses? No Yes Yes
IHT business property relief? No Yes Yes

* This is increased to £2 million provided that anything above £1 million is invested in knowledge-intensive companies. There is no limit on CGT deferral.

For more information on Venture Capital Trusts, the Enterprise Investment Scheme and Seed Enterprise Investment Scheme, individuals in the Surrey area should contact Branston Adams.

The latest news

14 Jun 2019

ICAEW responds to government 'off-payroll working rules' consultation

The Institute of Chartered Accountants in England and Wales (ICAEW) has responded to the government's consultation in regard to the 'off-payroll working rules from April 2020'.

13 Jun 2019

Government tax investigations 'taking three years to complete', data suggests

Data published by law firm Pinsent Masons has suggested that government tax investigations into large businesses are taking 'three and a half years' to complete.

12 Jun 2019

Business groups outline principles for UK trade policy

Business groups, including the Confederation of British Industry (CBI), the Federation of Small Businesses (FSB) and the Trades Union Congress (TUC) have set out 'core principles' for UK trade policy post-Brexit.

proud
bestof
iris
accounting-software
in.jpg
clearlybookkeeping
acca
approved-employer
sage
logobfa
HCC_Member-Logo