51茶馆

This measure increases the existing limits that apply to company access and use of the SEIS and the investment amounts on which individuals can claim tax reliefs.

The company investment limit will increase from 拢150,000 to 拢250,000, the limit at the date of share issue on a company鈥檚 鈥済ross assets鈥� will increase from 拢200,000 to 拢350,000 and the age limit of a company鈥檚 鈥渘ew qualifying trade鈥� from 2 to 3 years.

The annual limits that apply to the investment amount on which individuals can claim income tax and Capital Gains Tax re-investment reliefs will also increase from 拢100,000 to 拢200,000.

The measure will have effect for shares issued on or after 6 April 2023.