Interesting - if I undertstand correctly, SEIS tax relief is 50% of the amount invested no matter what your tax bracket (so long as you payed more than the amount you are seeking to claim back)
Not only that - but there is then no capital gains associated with the shares!!??
What I am trying to work out is how one goes about claiming this if you are just PAYE - do you just let your employer know and they change your tax code?
Most of the info online relates to self-assessment, which a large number of potential investors are likely to not do, as they will most likely be on a regular payroll and get tax deducted through PAYE....
Interesting - if I undertstand correctly, SEIS tax relief is 50% of the amount invested no matter what your tax bracket (so long as you payed more than the amount you are seeking to claim back)
Not only that - but there is then no capital gains associated with the shares!!??
What I am trying to work out is how one goes about claiming this if you are just PAYE - do you just let your employer know and they change your tax code?
Most of the info online relates to self-assessment, which a large number of potential investors are likely to not do, as they will most likely be on a regular payroll and get tax deducted through PAYE....