EDERGOLE THOROUGHBRED
BLOODSTOCK RACEHORSE BREEDING
SEIS
Edergole Throughbred Ltd trades under the Government's Enterprise Investment Scheme (SEIS) and as such offers private individuals and companies very attractive tax relief benefits.
The Seed Enterprise Investment Scheme (SEIS) is designed to help small, early-stage companies raise equity finance by offering a range of tax reliefs to individual investors who purchase new shares in those companies. It complements the existing Enterprise Investment Scheme (EIS) which will continue to offer tax relief to investors in higher-risk small companies. SEIS is intended to recognise the particular difficulties which very early stage companies face in attracting investment, by offering tax relief at a higher rate than that offered by the existing EIS.
SEIS applies for shares issued on or after 6 April 2012. The rules have been designed to mirror those of EIS as it is anticipated that companies may want to go on to use EIS after an initial investment under SEIS.
Edergole Thoroughbred Ltd is a small bloodstock company that has been set up to breed and sell thoroughbred racehorses.
Edergole Thoroughbred Ltd trades under the government's Enterprise Investment Scheme and as such offers private individuals very attractive tax-relief benefits.
More detailed guidance on the rules for EIS and SEIS can be found in HMRC's Venture Capital Schemes manual which can be found here. For Tax relief information and examples, click here.
Anyone wishing for more information about investing in Edergole Thoroughbred Ltd, or anyone in need of help or advice setting up enterprises under the scheme please do not hesitate to contact us.