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;
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SEIS Relief relief from income tax under SEIS;
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SEIS Relief relief from income tax under SEIS (within the meaning of section 257AB of ITA 2007);
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Examples of SEIS Relief in a sentence

  • The performance of the Fund is dependent on the ability of the Manager as advised by the Investment Adviser to identify appropriate Investee Companies which qualify and will continue to qualify for SEIS Relief and on the ability of the Investee Companies and their management teams to perform in line with their respective business plans.

  • These circumstances may relate to an Investee Company ceasing to be a SEIS or EIS qualifying company or the Investor himself or herself failing or ceasing to qualify for SEIS Relief or EIS Relief.

  • The Investment Manager is required by FCA rules to obtain sufficient information from you to determine whether investment in the Fund is appropriate for you.Investments in the Fund are intended to be medium to long term and must be held for at least three years to qualify for SEIS Relief.

  • In return for subscribing to the Fund, the Fund Manager and Jenson seek to provide Investors with: • A diverse portfolio of Investments in a wide range of sectors and industries, which qualify for SEIS Relief and/or EIS Relief.

  • If a company issues shares on which SEIS Relief is claimed, it is possible for it to issue subsequent shares on which EIS Relief may be claimed but the EIS subscriptions cannot be raised on the same day.

  • SEIS Qualifying Trade Means a trade permitted by sections 257HF ITA, section 189 ITA and section 192 ITA SEIS Relief The tax reliefs available under the SEIS, including the income tax relief, capital gains re-investment relief and capital gains disposal relief.

  • Claiming SEIS Relief An investor cannot claim income tax relief until the Investee Company has submitted an SEIS1 form and HMRC has issued a compliance certificate to confirm that it is SEIS qualifying and can issue investors with SEIS3 forms.

  • Investors are strongly recommended to seek professional tax advice on making claims for SEIS Relief as personal circumstances may differ.

  • 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.

  • Shares only qualify for SEIS Relief if they are ordinary shares which do not, at any time during the Three Year SEIS Period, carry any present or future preferential right to dividends (other than to certain fixed rate non- cumulative dividends) or to an Investee Company’sassets on its winding up, or any present or future right to be redeemed.


More Definitions of SEIS Relief

SEIS Relief means relief under Part 5A (seed enterprise investment scheme).”
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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;
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SEIS Relief means relief under Part 5A of ITA 2007 (seed enterprise investment scheme);
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SEIS Relief means relief under Part 5A of ITA 2007.”
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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 relief, loss, allowance, credit, exemption, deduction or set off, or any right to repayment of Taxation;

  • 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 of the following:

  • civil proceedings means any proceedings in or before any court or tribunal that are not criminal proceedings;

  • Expert advice or assistance means advice or assistance derived from scientific, technical, or other specialized knowledge.

  • CCAA Proceedings means the proceedings commenced by the Applicant under the CCAA as contemplated by the Initial Order;

  • Informed choice means that the consumer is presented with complete and unbiased information on his or her long-term care options, including, but not limited to, the benefits, shortcomings, and potential consequences of those options, upon which he or she can base his or her decision.

  • criminal proceedings means criminal proceedings in relation to which the strict rules of evidence apply;

  • Injunction has the meaning set forth in Section 6.1(a).

  • Court Order means any judgment, decision, consent decree, injunction, ruling or order of any federal, state or local court or governmental agency, department or authority that is binding on any person or its property under applicable law.

  • Breach of Agreement provisions of Section 5(a)(ii) will apply to Party A and will not apply to Party B.

  • Court of Appeal means the division of the Supreme Court referred to in section 7(1)(b);

  • Equitable Defenses means any bankruptcy, insolvency, reorganization or other Laws affecting creditors’ rights generally and, with regard to equitable remedies, the discretion of the court before which proceedings may be pending to obtain same.

  • Tax Relief means any loss, relief, allowance or credit in respect of any Tax other than Generation Tax;

  • Informal proceedings means proceedings for probate of a will or appointment of a personal representative conducted by the probate register without notice to interested persons.

  • Formal proceedings means proceedings conducted before a judge with notice to interested persons.

  • Other Parties shall have the meaning set forth in Section 10.7(c).

  • Legal Action means and includes any claim, counterclaim, demand, action, suit, counterclaim, arbitration, inquiry, proceeding or investigation before any

  • Proceedings means any action, suit, proceeding (whether administrative, judicial or otherwise), governmental investigation or arbitration.

  • Youth court means the court established pursuant to this chapter to hear all proceedings in

  • Litigation Claims means the claims, rights of action, suits or proceedings, whether in law or in equity, whether known or unknown, that any Debtor or any Estate may hold against any Person or Entity, including, without limitation, the Causes of Action of the Debtors or their Estates, in each case solely to the extent of the Debtors’ or their Estates’ interest therein. A non-exclusive list of the Litigation Claims held by the Debtors as of the Effective Date will be Filed with the Plan Supplement, which will be deemed to include any derivative actions filed against any Debtor as of the Effective Date.

  • Environmental Proceedings means any judicial or administrative proceedings arising from or in any way associated with any Environmental Requirement.

  • Informed decision means a decision by a qualified patient to request and obtain a prescription for medication that the qualified patient may self-administer to end the qualified patient's life in a humane and dignified manner that is based on an appreciation of the relevant facts and that is made after being fully informed by the attending physician of:

  • Waiver or variance means action by the board which suspends in whole or in part the requirements or provisions of a rule as applied to an identified person on the basis of the particular circumstances of that person. For simplicity, the term “waiver” shall include both a “waiver” and a “variance.”