Here’s a neat little tip for the formation of a UK company whilst filing with HMRC for company corporation tax and Pay as You Earn (PAYE) for you and your (future) employees all in one go. This all-in-one registration service is offered by the UK Government online portal. All for the grand old price of … Read moreHow to Incorporate a UK company AND file for corporation tax and employee taxes (PAYE) all in one go
A really common question, so I thought I’d throw up a quick tutorial to share the answer. Hope this helps! (This course might help too :))
Delighted to have launched our new online step by step guide to preparing and filing an Advance Assurance Application to HMRC that your company qualifies under SEIS and / or EIS! Really brought about by popular demand and to fill a gap where some companies simply don’t have the budget to take on a professional … Read moreLaunching our new course on the HMRC SEIS / EIS advance assurance
It might be useful to revisit one crucial factor in planning for SEIS / EIS: The issue of new ordinary shares in exchange for a cash investment. Simple, right? Then day-to-day reality steps in…. The shares are issued before the cash has cleared – oops! The shares are issued way after the cash has cleared – … Read moreSEIS / EIS – A simple issue, yet often not easy…
For those entrepreneurs, founders or business angels looking for a brief one-pager on the UK’s Seed Enterprise Investment Scheme (SEIS), this SEIS in a nutshell PDF doc might be handy.
Imagine you are setting up a software development company. Perhaps you plan on generating revenues using a Software as a Service (‘SaaS’) business model: charging users a licence fee to access the service via the cloud. You need funding and are considering the benefits of Seed Enterprise Investment Scheme (SEIS) or Enterprise Investment Scheme (EIS) … Read moreRaising SEIS / EIS funding for a software company? Watch out!
Having prepared and filed too many SEIS / EIS advance assurance applications to mention (!), here are a few pointers to consider if you would like your company to benefit from this generous tax relief for funders and are considering seeking advance assurance to kick things off:
The quick answer is YES – you can raise funding under both SEIS and EIS but there are some important points to watch including: If you wish to raise cash under both schemes, you must issue shares under SEIS before EIS. You can’t raise money and issue shares under EIS and then seek to raise … Read moreCan I raise funding under both the Seed Enterprise Investment Scheme (SEIS) and the Enterprise Investment Scheme (EIS)?
I am getting a lot of questions at the moment about the process for raising funding under Seed EIS and where the advance assurance fits in? The Advance Assurance is a mechanism that allows companies to pre-qualify themselves with HM Revenue & Customs (HMRC) as a qualifying company for the purposes of raising funding under … Read moreWhat is the Seed Enterprise Investment Scheme (SEIS) Advance Assurance?