Resources

Angel investing, SEIS and EIS, explained

Plain explanations of how the UK schemes actually work, written and checked against HMRC primary sources. Every figure carries the tax year it applies to and the date it was last checked. Investing at this stage can lose you everything you put in.

Start here

Where to start

If you are investing

What the reliefs do to a tax position, what the risk actually is, and what happens at the end.

All investor guides

If you are raising

What qualifies a company, what the paperwork chain is, and what a round does to ownership.

All founder guides

The map

Topics

The schemes and the reliefs

What SEIS and EIS are, what relief means, and what each does to a tax position.

The arithmetic

Ownership, dilution, pools and the calculations that decide who holds what.

Investor practice and risk

How the activity is done, what is checked, and what the true risks actually are.

Claiming and deadlines

The paperwork chain, who issues what, and the dates that cannot be missed.

Company qualification

What makes a company eligible, which trades are excluded, and the order things have to happen in.