SEED ENTERPRISE INVESTMENT SCHEME
Many businesses struggle to get investment especially in creative sectors which can be seen as high risk due to the volatility of the work.
The enterprise investment schemes (EIS and SEIS) provide extra tax benefits to investors if they make more risky investments. It can help creative businesses win an investor who may otherwise, not be interested.
The Seed enterprise investment scheme (SEIS) and the Enterprise Investment scheme (EIS) were set up to encourage investors to put their money into early stage or more risky investments in the UK.
The idea being that they are rewarded with additional tax benefits for making the investment and if things don't go as well as hoped, there is still some upside to the investor.
WardWilliams Creative specialise in accounting for creatives and have put together a free download to outline the tax benefits an investor can hope to obtain under EIS or SEIS.