SEIS Flashcards
1
Q
Annual Investment Limit
A
£100,000
2
Q
Carry back to last year?
A
Yes
3
Q
Income Tax Relief
A
50%
4
Q
Tax relief clawed back if held for less than:
A
3 years
5
Q
Reinvestment Relief before or after gain?
A
No BUT 50% of reinvested gain is exempt, remaining 50% is liable to CGT
6
Q
Tax Free Dividends
A
None
7
Q
Tax Free Capital Gains:
A
Yes (after 3 years)
8
Q
Business Relief
A
Yes
