VCT, EIS & SEIS Compared
The reliefs for Venture Capital Trusts (VCT), the Enterprise Investment Scheme (EIS) and Seed Enterprise Investment Scheme (SEIS) are similar in many respects, but there are some significant differences. The table below highlights the main reliefs. For further details see the fact sheets for each type of investment.
|
| VCT | EIS | SEIS |
| Annual investment limit | £200,000 | £1 million * | £100,000 |
| Income tax relief for subscribers | 30% | 30% | 50% |
| Clawback if held for less than | 5 years | 3 years | 3 years |
| Reinvestment relief period |
N/A |
1 year |
Same tax year |
| Tax free dividends? | Yes | No | No |
| Tax free capital gains? | Yes | Yes | Yes |
| Tax relief for losses? | No | Yes | Yes |
| IHT business property relief? | No | Yes | Yes |
* No limit on CGT deferral