Kate Jackson, explains how social dining and Digital Mission delegate, TableCrowd took advantage of the Enterprise Investment Scheme (EIS) and its sibling SEIS to secure investment.
Hoorah for the announcement that Capital Gains Tax (CGT) exemption for investments in SEIS companies will be extended.
EIS and SEIS are tax relief schemes designed to encourage investment into early stage, high-risk businesses. A high number of technology and digital startups fall within this catchment and should pay close attention to the benefits. The CGT exemption is now valid until the end of 2014.