SEIS & EIS: Understanding the User Experience Survey
SEIS and EIS tax schemes play a crucial role in the investment ecosystem, as they enable UK Angel investors to access to important tax reliefs that can offset the risk of backing early stage businesses. Not only do SEIS and EIS tax schemes offer support to angel investors, they also create an incredible opportunity for innovation-rich businesses to continue to build and grow, whilst still at a higher risk stage. These tax schemes have been designed to help drive investment into early stage businesses, and as such impact the growth of many of the UK’s most impressive start-ups and scale-ups.
To understand how our community of angels and entrepreneurs are engaging with both schemes, we have partnered with HMT and HMRC to gain insight the administrative process of applying for the SEIS and EIS schemes. HMT & HMRC are committed to ensuring that the schemes are as user-friendly and efficient as possible, and therefore, want to hear from those who are taking advantage of the schemes. From the overall consumer experience to what administrative changes could be implemented to improve that process, we are looking for our community to share their perspectives.
For Investors:
If you have ever claimed relief as an investor, or know someone who has, now is the chance to share your thoughts on the process from start to finish, including any pitfalls or challenges encountered with these schemes. The schemes have been put in place by the Government in recognition for the risks you are taking for backing innovation rich, high-risk businesses, so your input is important.
For Entrepreneurs:
If you have ever applied for Advanced Assurance, have views on submitting your SEIS Compliance statement and anything in between, your perspectives are important. These schemes hold an important place in your funding journey and can be incredibly valuable for accessing the funding you need, and therefore, HMRC and HMT want to ensure the process is as user-friendly as possible.
This findings from the survey will be anonymised and shared with HM Treasury and HM Revenue and Customs.
