Before the raise: getting your SEIS evidence trail in order
The questions, documents and timeline founders should sort out early.
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SEIS (the Seed Enterprise Investment Scheme) is a UK government scheme that gives investors up to 50% income tax relief for backing very early-stage companies, and lets qualifying companies raise up to £250,000. This is a plain-English guide to how it works, who it’s for, and the point where general reading needs to become professional advice.
Start with SEIS Explained Choose your reader trackWritten and edited by the SEIS Investments desk · education only, not financial advice.
The Seed Enterprise Investment Scheme in plain numbers and plain answers. The essentials before you read on.
Figures verified against gov.uk (HMRC) · educational information, not adviceSEIS (the Seed Enterprise Investment Scheme) is a UK government scheme that encourages people to invest in very early-stage companies by offering generous tax reliefs. It launched in 2012 and is run by HMRC.
Investors can claim 50% income tax relief on up to £200,000 invested per tax year, plus capital gains tax reliefs and loss relief if the company fails.
A qualifying company can raise up to £250,000 in total. It must generally be under three years old, with fewer than 25 employees and gross assets under £350,000. (Limits rose on 6 April 2023.)
Both are UK venture-capital tax-relief schemes for unquoted companies. SEIS targets the earliest, smallest companies and gives 50% income tax relief; EIS is for larger, later-stage companies and gives 30%.
Three groups: founders raising early funding, investors seeking tax-efficient exposure to start-ups, and the advisers and accountants who support them.
No. Investing in early-stage companies is high-risk and many fail. The reliefs reduce the downside but don’t remove the risk. Everything here is education, not investment advice.
You claim SEIS income tax relief through your Self Assessment tax return, using the SEIS3 certificate the company sends you after the shares are issued. Relief can be claimed in the year you invest, or carried back one year.
Usually a few weeks, though it varies with HMRC workload and how complete the application is. It signals a company looks likely to qualify. It is not a guarantee, so founders should apply early and investors should still do their own checks.
Ready to go deeper? Start with the plain-English guide to how SEIS works, who it’s for and where the rules bite.
Start with SEIS Explained →A five-minute guided check that builds you a personal SEIS checklist, whether you are a founder preparing a first raise or an investor reviewing an opportunity.
Educational planning only. No advice, and nothing here is a recommendation.
Start with the plain-English basics and go as deep as you need, from first definitions through the rules, risk, claims and the SEIS vocabulary.
Start here before moving into founder preparation, investor education or adviser reference.
A simple comparison for readers who are seeing the acronyms together.
Company age, trade, independence, limits and other areas to verify with advisers.
A plain language glossary for first-time founders and investors.
The scheme in HMRC data, refreshed annually, with our read on what it shows.
See the numbersPick the desk that matches the question: founders need sequence, investors need education and advisers need reference depth.
For teams planning a raise, preparing for assurance or trying to avoid avoidable SEIS errors.
Educational reading on reliefs, risks, due diligence and claiming, with no invest now language.
Technical reading, client scenario notes and compliance-friendly material for accountants and advisers.
Track official material, fiscal signals and guidance changes with context, clear sourcing and a visible advice boundary.
Budget notes, HMRC guidance and scheme statistics can be useful, but readers need context, plain language and a clear reminder that published material is not personal advice.
A calm checklist for reading announcements, not a prediction or recommendation.
What founders should organise before they speak to professional advisers.
A reading note for journalists, founders and ecosystem teams.
A publishing note on advice boundaries, risk language and responsible CTAs.
Plain analysis and worked examples from the SEIS Investments desk, showing how the scheme behaves in practice. We explain it, we do not promote it.
The conditions that cause the most avoidable mistakes, and how to read them.
An illustrative walk-through of how the 50% relief is worked out.
What the letter tells investors, and what it does not promise.
An illustrative timeline from assurance through to issuing SEIS3.
Carry back, the connection rules and the three-year hold, read carefully.
Raised under SEIS, invested through it, or advised on a round? We are gathering real experiences for future founder and investor features. If you are happy to share how it went, we would like to hear from you.
Editorial features and worked examples from our desk on how the SEIS process actually plays out, written to explain rather than to promote.
The questions, documents and timeline founders should sort out early.
Read the guide
Where the process gets misread, and what assurance does and does not confirm.
Read the analysis
Business risk, tax position, claims and why reliefs should not replace judgement.
Read the notesA curated YouTube watchlist for beginner explainers, assurance walkthroughs, investor relief education and adviser conversations.
A practical walkthrough of preparing HMRC advance-assurance material.
Reliefs, risk and the tax incentives, explained for investors.
An expert-led look at reliefs, funding and adviser context.
How SEIS and EIS sit together from a fundraising angle.
Downloadable references for eligibility, assurance documents, investor questions and SEIS vocabulary.
Fourteen honest questions for founders, twelve for investors, then a traffic-light readiness report, instantly.
Start the checkRelief, worst-case cost and CGT savings on your own numbers, instantly and privately.
OpenA founder-facing checklist to prepare questions before speaking to advisers.
OpenA practical list of materials founders may need to organise.
OpenPrompts for education, risk review and professional advice conversations.
OpenA clean vocabulary page for assurance, reliefs, certificates and claims.
OpenSEIS Investments publishes educational content only. Articles are not tax advice, legal advice, financial advice or investment recommendations. Readers should seek professional advice before acting.
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