Tax relief and incentives schemes available to SMEs
There are a number of possible reliefs and incentive schemes available to businesses. Please to get in touch to find out more.
Seed Enterprise Investment Scheme
The scheme is for true start-ups who find it difficult to obtain financial assistance. By giving generous income tax relief (IT) and capital gains tax (CGT) exemptions, qualifying companies can use the scheme to attract individual investors to invest in new and growing companies. Read more
Enterprise Investment Scheme
The purpose of the Enterprise Investment Scheme (EIS) is to help certain types of small higher- risk unquoted trading companies to raise capital. It does so by providing income tax (IT) relief and capital gains tax (CGT) exemptions or deferrals to investors in these qualifying companies. Read more
Enterprise Management Incentive Scheme
EMI share option scheme is a way for companies to attract and retain key employees by giving them a stake in the business and the opportunity to share in the company’s future wealth with minimal tax implications. This can be especially important in small start-ups and medium sized companies who do not have the financial clout to compete with larger multinational organisations. Read more
Research and Development Tax Relief
All companies and permanent establishments subject to UK corporation tax can claim R&D tax relief if they undertake activities that meet the qualifying conditions. The relief allows companies to either claim additional deduction on qualifying R&D costs or receive a cash payment from HMRC. Read more