Topic

Advance assurance

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VCT, EIS & SEIS · Explainer

· 7 min read

Advance assurance: what it tells an investor, and what it does not

Advance assurance is HMRC's non-statutory, discretionary opinion that a company's planned share issue looks likely to qualify for SEIS or EIS. It does not guarantee any investor's relief, it does not vouch for the business, and it says nothing about whether the company will keep to the rules for the next three years.

VCT, EIS & SEIS · Guide

· 7 min read

Raising under SEIS: a founder’s starting point

Under the 2026 to 2027 rules, a young UK company can raise up to £250,000 under SEIS, and its investors can claim 50% income tax relief on up to £200,000 each a year. The company must pass tests on its trade, gross assets, staff and independence, issue SEIS shares before any EIS shares, and file a compliance statement before investors can claim.