This guide aims to introduce founders to the UK startup market. It provides extensive insights and practical advice on essential steps for launching your startup in the UK.<\/p>\n <\/div>\n \n\nDownload Now<\/a> <\/section>\n <\/div>\n\n\n\n\n\n\n Continue reading this article below the form\n <\/i>\n<\/a>\n
Through the EIS, investors can benefit from the following:<\/p>\n\n\n\n
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- claiming income tax relief on 30% of their annual investments in your company up to \u00a31 million (this threshold increases to \u00a32 million if your company is knowledge-intensive);\u00a0<\/li>\n\n\n\n
- capital gains tax relief on gains from EIS shares held for at least three years; and\u00a0<\/li>\n\n\n\n
- loss relief if the investment fails.\u00a0<\/li>\n<\/ul>\n\n\n\n
The scheme can help you raise capital to grow your business, enabling you to raise up to \u00a35 million in a year and a maximum of \u00a312 million across its lifetime. <\/p>\n\n\n\n
What is EIS Advance Assurance? <\/h2>\n\n\n\n
EIS advance assurance is confirmation from HMRC that your business will likely qualify for EIS once it issues shares to investors. Advance assurance is not a guarantee, but it gives investors confidence that their investment in your startup will be eligible for the tax benefits available under the scheme. <\/p>\n\n\n\n
If you receive advance assurance, HMRC will send you a letter stipulating that your company and the share issue meet the conditions for the EIS scheme. <\/p>\n\n\n\n
\nAdvance assurance is not a legal requirement, but many investors prefer that a company has it before committing their funds.<\/p>\n<\/div>\n\n\n
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\n \n Bringing Your Startup to the UK<\/div>\n\n