Tag: SEIS

Advanced assurance

GreenMine secures advance assurance for Enterprise Investment Scheme

14 February 2024 admin 0

We’re pleased to report that GreenMine has been awarded advanced assurance for the Enterprise Investment Scheme (EIS). This assurance confirms that HMRC agrees that an investment in GreenMine would meet the conditions of a venture capital scheme and that the company can issue certificates to investors to claim tax relief. All businesses applying for the EIS must submit extensive data for HMRC’s due diligence process, including the business plan and financial forecasts, how investments will be used, details of all trading, activities and expenditures, and the investor proposal. What is the EIS? The EIS was launched in 1994 by the UK government as a [...]

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SEIS & EIS Advanced Assurance Granted – Organic Heat Exchangers

13 May 2022 admin 0

We are glad to announce that Organic Heat Exchangers has been granted SEIS & EIS Advanced Assurance from HM Revenue & Customs. The letter can be accessed by clicking the link below: SEIS & EIS Advanced Assurance Organic Heat Exchangers have received an overwhelming response from the investors as well. Currently, we are overfunding on crowdcube. Should you wish to consider Organic Heat Exchangers for inclusion on your own portfolio, you have three options. You can access it through Crowdcube, you can register on O-Hx or email us for the introduction: O-Hx Pitch on Crowdcube Register on O-Hx Email Us

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EIS_Tax_Relief

What is SEIS & EIS Tax Relief?

12 June 2020 admin 0

EIS Tax Relief (The Enterprise Investment Scheme) and SEIS Tax Relief (The Seed Enterprise Investment Scheme) are government venture capital schemes. Their intention is to encourage investment into start-ups and early-stage businesses. They offer extremely attractive tax incentives. In addition there are capital gains reliefs for anyone putting money into EIS and SEIS investments. GOV.UK - Click here for a full explanation of how the EIS Scheme works. Click here for a full explanation of how the SEIS Scheme works. Stipulations for EIS Tax Relief: In order to qualify for the (EIS) Venture Capital Scheme, a company must be: Unlisted and not quoted on [...]

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