With the Tax Year end looming now is the time for both start-ups and investors to take advantage of tax-efficient Seed Enterprise Investment Schemes (SEIS). But is £150,000 per start-up really enough to succeed in today’s economy? Since its introduction in 2012, SEIS has helped some 1,250 businesses. However, with just £150,000 per start-up available to small and early-stage businesses, many of these start-ups will face fundamental problems due to the lack of follow-on capital. Whilst SEIS is helping to pave the way for business growth, more is required if
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