Money Zebra pre-approves for SEIS and IES tax relief programmes by HMRC
British startup Zebra Money has received confirmation from HMRC. This certificate gives to investors a discount on their investment.”
A private investor will give 100k pounds to Money Zebra and the state will return half of it through tax breaks.” (co-founder of Money Zebra, Kosta Du)
What Is the Enterprise Investment Scheme (EIS) The Seed Enterprise Investment Scheme (SEIS)?
Enterprise Investment Scheme or EIS is a term that refers to an investment program in the United Kingdom that makes it easier for smaller, riskier companies to raise capital.
The Enterprise Investment Scheme helps riskier companies by giving their investors federal tax relief, which acts as an incentive to investors, making the potential purchase of those companies’ shares more appealing.
The Seed Enterprise Investment Scheme (SEIS) was introduced in April 2012 by HMRC to help small, early-stage companies raise funds through individual investors by providing a series of tax reliefs on investments made into qualifying companies.
The SEIS allows you to claim relief on up to £100,000 invested through the scheme per annum, meaning you could receive reliefs covering 78% of your investment or more. The reliefs available through the SEIS are detailed further below.
Money Zebra – provider an immediate access allowing you to bid on a vast number of opportunities in consumer and MSME lending harvested in Africa.