Accessibility links

MENU

0117 330 8510

VCT, EIS & SEIS compared

An at-a-glance comparison of tax efficient schemes.

  1. Resources
  2. Your money
  3. Savings & investments

At Tony Dicker we can advise individuals in the Bristol area on a range of tax-saving opportunities. The following article compares Venture Capital Trusts, the Enterprise Investment Scheme and Seed Enterprise Investment Scheme.

The reliefs for Venture Capital Trusts (VCT), the Enterprise Investment Scheme (EIS) and Seed Enterprise Investment Scheme (SEIS) are similar in many respects, but there are some significant differences. The table below highlights the main reliefs. For further details see the facts sheets for each type of investment.

  VCT EIS SEIS
Annual investment limit £200,000 £1 million * £100,000
Income tax relief for subscribers 30% 30% 50%
Clawback if held for less than 5 years 3 years 3 years
Reinvestment relief period
– before gain made N/A 1 year Same tax year
– after gain made N/A 3 years  
Tax free dividends? Yes No No
Tax free capital gains? Yes Yes (after 3 years) Yes (after 3 years)
Tax relief for losses? No Yes Yes
IHT business property relief? No Yes Yes

* This is increased to £2 million provided that anything above £1 million is invested in knowledge-intensive companies. There is no limit on CGT deferral.

For more information on Venture Capital Trusts, the Enterprise Investment Scheme and Seed Enterprise Investment Scheme, individuals in the Bristol area should contact Tony Dicker.

The latest news

13 Sep 2019

Think tank calls for tax overhaul

The UK's tax system should be overhauled to bring rates on wealth and assets into line with those on income, according to a report from the Institute for Public Policy Research (IPPR).

12 Sep 2019

Former NAO chief to lead independent review of loan charge

Sir Amyas Morse, the former Chief Executive of the National Audit Office (NAO), will head up an independent review into the controversial loan charge, which will be published by the middle of November.

11 Sep 2019

ICAEW calls for delay to off-payroll working changes

The extension of off-payroll working rules to the private sector should be delayed by a year, according to the Institute of Chartered Accountants in England and Wales (ICAEW).

Home | Contact us | Logon | Register | Accessibility | Disclaimer | Help | Site map |

© 2019 Tony Dicker & Co. All rights reserved.

We use cookies on this website, you can find more information about cookies here.

Tony Dicker & Co is the practice name of TONY DICKER LTD incorporated in England & Wales

Registered number: 06123822 | Registered office: 29 Courtenay Road Keynsham Bristol BS31 1JU | Director: A R Dicker FCA | Company secretary: J M Dicker