What is the main purpose of Seed Enterprise Investment Schemes (SEIS)?

The main purpose of Seed Enterprise Investment Schemes (SEIS) is to target specifically at start-up companies. This initiative was designed to encourage investment in small, high-risk companies by providing tax reliefs to investors, thereby facilitating the growth of new businesses in their early stages.

By focusing on start-ups, SEIS aims to stimulate entrepreneurship and innovation, making it easier for fledgling companies to access the capital they need to develop their ideas and bring products or services to market. The tax incentives offered through SEIS, such as income tax relief and capital gains tax exemptions, are structured to attract investors who might otherwise be hesitant to invest in early-stage ventures due to their inherent risks.

This targeted approach not only supports individual enterprises but also contributes to overall economic growth by fostering a vibrant start-up ecosystem.