SEIS Relief definition

SEIS Relief means the tax reliefs available under the SEIS, including the income tax relief, capital gains tax reinvesment relief and share loss relief;
SEIS Relief relief from income tax under SEIS;
SEIS Relief relief from income tax under SEIS (within the meaning of section 257AB of ITA 2007);

Examples of SEIS Relief in a sentence

  • The Investor confirms that the information stated in the Application Form is true and accurate as at the date of this Agreement, in particular the fact as to whether or not the Investor wishes to seek SEIS Relief for the Investments.

  • SEIS Relief Relief from income tax (and, where relevant, CGT) under the SEIS Shares Ordinary equity shares in an Investee Company subscribed for by the Nominee at the instruction of the Manager on behalf of Investors.


More Definitions of SEIS Relief

SEIS Relief means relief under Part 5A (seed enterprise investment scheme).”
SEIS Relief means relief under Part 5A of ITA 2007 (seed enterprise investment scheme);
SEIS Relief relief from income tax under SEIS (within the meaning of section 257AB of ITA 2007); − “SEIS Qualifying Company” a company which is a qualifying company for the purpose of SEIS as set out in chapter 4 of part 5A of ITA 2007; − “Subscription” a subscription to the Fund by an Investor pursuant to Clause 3 of this Agreement, the initial amount of which is specified in the Application Form plus all amounts subscribed on or before a Subscription Date; − “Subscription Amount” the amount subscribed for such Investment by the Investor; − “Subscription Date” the date on which Subscriptions to the Fund are deemed to be received by the Fund Manager in order to make Investments; − “Tax Advantages” the various tax advantages, including SEIS and EIS Relief, arising from subscriptions for shares in SEIS and EIS Qualifying Companies;
SEIS Relief means relief under Part 5A of ITA 2007.”

Related to SEIS Relief

  • General relief means money payments and other forms of relief made to those persons mentioned

  • Accounts Relief means any Relief taken into account in computing and so reducing or eliminating any provision for Tax (including deferred Tax) which appears in the balance sheet in the Completion Accounts or which was taken into account in the Completion Accounts as an asset;

  • Relief means any loss, relief, allowance, exemption, set off, deduction, right to repayment or credit or other relief of a similar nature granted by or available in relation to Tax pursuant to any legislation or otherwise.

  • the Academies means all the schools and educational institutions referred to in Article 4a and operated by the Academy Trust (and “Academy” shall mean any one of those schools or educational institutions);

  • Group Relief means any loss, allowance or other amount eligible for surrender by way of group relief in accordance with the provisions of Part 5 CTA 2010, any advance corporation tax eligible for surrender pursuant to Section 240 ICTA (prior to amendment by Finance Act 1998) or any refund of tax eligible for surrender pursuant to section 963 CTA 2010.