We welcome HMRC’s update on the changes to the Seed Enterprise Investment Scheme (SEIS) which were announced last Autumn. SEIS has been a catalyst for driving the growth of the UK startup ecosystem since its introduction 11 years ago, and now that these new measures are enshrined in law it should stimulate more investment into qualifying companies with investors now able to secure a higher allocation of tax relief.
This is positive news for innovative startups with high growth potential as it will help many of them secure additional investment to reach their full potential.
– John Auckland, founder of TribeFirst
