We’ve just got confirmation from HMRC that our application for Advanced Assurance of both EIS and SEIS has been successful. As a reminder EIS means that for most taxpayers you can claim 30% of your investment back against tax. In other words, if you invest £1000, you get a tax rebate of £300. You can also offset your investment against Capital Gains Tax. We have a limited number of shares also available which attract SEIS tax relief at 50% – so for £1000 invested you’d get £500 tax rebate. See the Share Offer Document for more details of these ‘Pioneer’ shares, which we expect to be fully subscribed very soon.
For a copy of the letter from HMRC see our Downloads page.