120 EIS & VC Basics: What are SEIS reliefs? with Olivia Drinnan of Haatch

In our latest in the EIS & VC basics series for the EIS Navigator podcast we discuss the tax reliefs for the Seed Enterprise Investment Scheme (SEIS). Despite only launching its first SEIS fund a few years ago, Haatch Ventures has been successful in attracting funds and, now, getting exits. Director Olivia Drinnan joins the podcast to explain everything.

Olivia covers all the tax reliefs for SEIS, how they work and how they link together. The topics we cover in the discussion include:

• what is SEIS income tax relief?
• the limits on the tax relief
• how carry-back works
• what is capital gains tax relief for SEIS?
• is CGT payable on exit?
• how loss relief works
• how the reliefs add up
• dividends in SEIS companies
• how IHT relief works for SEIS companies

As well as explaining the reliefs, Olivia gives lots of examples to make things really clear. Enjoy!

Links

Haatch Ventures - https://haatch.com/

HMRC page on SEIS: https://www.gov.uk/guidance/venture-capital-schemes-apply-to-use-the-seed-enterprise-investment-scheme

HMRC page on tax reliefs for venture schemes: https://www.gov.uk/guidance/venture-capital-schemes-tax-relief-for-investors

Subscribe to the EIS Navigator podcast on most services here: https://the-eis-navigator.captivate.fm/listen

You can see this episode on video too here.

The playlist for all the videos of the Basics series will be found here.

Bio

Olivia Drinnan

Director, Advisor Fundraising, Haatch Ventures

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