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Tomasz Freier

Head of Compliance
Angels Den

Dear User,

You may have heard about the new General Data Protection Regulation (“GDPR”), that comes into effect May 25, 2018.

We would like to ensure you that your personal data is safe with us. Please read the details regarding the processing of your personal data and if you agree with the processing as described below, please click the ‘I agree’ button.

Please be informed that you can withdraw this consent at any time.

1) What data are we talking about?

We are disclosing details regarding the processing of personal data that is collected within our calls and in connection with your use of Angels Den’s platform, Websites and other functionalities of Angels Den, including those saved in cookies files.

2) Who will be the controller of your data?

Angels Den Funding Limited (hereinafter referred to as AD) will be the controller of your data (Angels Den means all entities from the Angels Den capital group, which includes Angels Den Funding Limited with its registered office in London and all entities related to it and dependent on it) and only our Trusted Partners.

3) Why do we want to process your data?

We process this data for the purposes described in our Privacy Policy, including:
- compliance with any legal requirements and obligations,
- ensuring that content from our Website is presented in the most effective manner for you,
- marketing purposes,
- providing you with our services (including the completion and support of immediate activity required to provide you with information and deliver products and/or services that you request and to deliver any contracts entered into with you), or
- as otherwise explained in this privacy policy or by any communication by us.
Where you have explicitly consented to be contacted for such purposes, we use your personal data to provide information on our new and existing products and services.

4) To whom can we transfer data?

In accordance with applicable law, we may transfer your data to entities processing it at our request, e.g. marketing agencies, subcontractors of our services and entities authorized to obtain data under applicable law, e.g. courts or law enforcement agencies - of course only if they submit a request based on an applicable legal basis. Furthermore, we will transfer your data to Trusted Partners outside the European Union – to the USA – under the EU-U.S. Privacy Shield Framework.

5) What are your rights to your data?

You have the right to request access to, correct, delete your personal data. You can also withdraw consent to processing of personal data, raise objections and use other rights granted under GDPR (i.e. right to data portability).

6) Use of cookies

We use cookies to give you the best experience on our Website. This means that we have placed cookies on your device. If you continue without changing your cookie settings, we assume that you consent to our use of cookies on this device. You can change your cookie settings at any time but if you do, you may lose some functionality on our Website. More information can be found in our Privacy Policy.

In connection with the above, I agree to the processing of my personal data by Angels Den and its Trusted Partners. I confirm that I understand that my personal data is being collected as part of my phone calls, use of AD’s online platform, Websites, and other functionalities of AD, including the data saved in cookie files. I also consent to profiling in order to allow Angels Den and its Trusted Partners the provision of better services (including for analytical purposes). Your data will only be processed on a valid lawful basis in accordance with applicable data protection laws. The processing of your personal data for marketing purposes (including statistical analysis) by AD is based on the firm's legitimate interest. The processing for marketing purposes by our Trusted Partners is only possible if we receive your freely given consent. We will also process your personal data to fulfil our contractual obligations to you as contained in AD’s Terms and Conditions of the use of our Website and services. Therefore, this data will be processed on another lawful basis – ‘contract’. We will also process your data to comply with our legal obligations for our Service (such as anti money laundering and know your customer requirements), which is also a valid lawful basis in accordance with applicable data protection laws.

Expressing this consent is voluntary and you can withdraw at any time.

If you have any doubts or questions about the use of your personal data, please do not hesitate to contact me via email. I’m happy to assist.

Tomasz Freier

Head of Compliance
Angels Den
tom@angelsden.com

How Investors Can Benefit From Tax Relief

How Investors Can Benefit From Tax Relief

Private investments are the fuel that keeps the innovation engine running in a market economy. The UK Government understood that and created Tax Relief Schemes aimed to encourage investors to become part of the innovation process by diminishing the financial risks.

The Seed Enterprise Investment Scheme (SEIS) offers a lot of tax deductions to investors who choose to invest in small companies, with assets not worth more than £200,000. For larger companies, the Enterprise Investment Scheme (EIS) is available and offers similar benefits.

The Guaranteed Income Tax Deduction

After investing a sum of money in a company, you can get back 50% (for small companies) or 30% (for larger companies) of the value of your investment as income tax deduction.

In other words, by benefiting from tax relief, you are able to own more shares in a company than you would normally afford or would be willing to pay for. Therefore, for your investment to be successful, you need to get at least half of your investment as revenues back.

The maximum investment amount for which you can get these deductions is £100,000 for small companies and £1,000,000 for larger ones.


The Loss Relief

If your investment was not successful, you do not end up losing 50% or 70% of your money. You can claim the percentage that represents your Income Tax from the remaining invested amount.

This relief could be considered a safety net for investors. If you combine the income tax relief and the loss relief, the investment risk diminishes, because in theory, the worst case scenario is one where you lose less than half of your investment.

The Capital Gain Tax Relief

This one is straightforward and offers the benefit any financial market player wants. If you hold the shares for at least three years, you will not have to pay any taxes for selling them at a higher value.

Therefore, if you are a well-documented investor, you pay less taxes no matter how successful your investments are.

Other Benefits

If you decide to reinvest financial gains from other investments in an SEIS or EIS eligible one, you are exempt from 50% or 30% of the Capital Gains Tax. If you sell assets to invest, you are exempt from this tax until a later date, that usually represents the moment you no longer hold the acquired shares.

The tax deductions above can also apply to previous years if you made investments into SEIS and EIS companies.

Last, but not least, holding the acquired shares for two years makes them inheritance tax free.

Conclusions

Considering all the benefits above, we can conclude that investors can benefit from this tax relief in two main ways. The risks diminish, so they can focus on the company by helping the entrepreneurs succeed and, ultimately, significantly increase the return on the financial investment.

Should you be interested, our investment opportunities section shows which companies are SEIS/EIS eligible or you could read more about these schemes in our Tax Relief Guide on our dedicated page.



The above references an opinion and is for educational information purposes only. It is not intended to be investment advice. Seek a duly licensed professional for investment advice. Investing in any business involves risks, including illiquidity, lack of dividends, loss of investment and dilution, and it should be done only as part of a diversified portfolio. Please click here to read the full risk warning.