Accessibility links

“Making life easier”

Tel: 01452 308153 |

VCT, EIS & SEIS compared

An at-a-glance comparison of tax efficient schemes.

  1. Resources
  2. Your money
  3. Savings & investments

At Pitt Godden & Taylor we can advise individuals in the Gloucester area on a range of tax-saving opportunities. The following article compares Venture Capital Trusts, the Enterprise Investment Scheme and Seed Enterprise Investment Scheme.

The reliefs for Venture Capital Trusts (VCT), the Enterprise Investment Scheme (EIS) and Seed Enterprise Investment Scheme (SEIS) are similar in many respects, but there are some significant differences. The table below highlights the main reliefs. For further details see the factsheets for each type of investment.

  VCT EIS SEIS
Annual investment limit £200,000 £1 million * £200,000
Income tax relief for subscribers 30% 30% 50%
Clawback if held for less than 5 years 3 years 3 years
Reinvestment relief period
– before gain made N/A 1 year Same tax year
– after gain made N/A 3 years  
Tax free dividends? Yes No No
Tax free capital gains? Yes Yes (after 3 years) Yes (after 3 years)
Tax relief for losses? No Yes Yes
IHT business property relief? No Yes Yes

* This is increased to £2 million provided that anything above £1 million is invested in knowledge-intensive companies. There is no limit on CGT deferral for EIS.

For more information on Venture Capital Trusts, the Enterprise Investment Scheme and Seed Enterprise Investment Scheme, individuals in the Gloucester area should contact Pitt Godden & Taylor.

Hot topics, business news & firm news

Keep up with the latest business news, as well as what's happening at our firm.

Hot Topic

Keeping up with changes to the National Living Wage

26 Mar 2024

A look at the new rates and what to do to make sure you comply.

Read more »
Latest Business News

Small firms 'treading water' on investment, BCC warns

16 Apr 2024

The British Chambers of Commerce (BCC) has warned that UK small firms are 'treading water' on investment.

Read more »
Our latest news

11 mile walk

06 Sep 2023

The staff and volunteers of Gloucestershire Rape and Sexual Abuse Centre (GRASAC), plus family members, and a few 4-legged friends no doubt, will be embarking on an 11 mile sponsored walk to raise funds for our charity.

Read more »

Pitt Godden and Taylor LLP is a limited liability partnership, registered in England and Wales. Company Registration No: OC372482. Registered office: Pitt Godden and Taylor LLP, Unit 3, Ambrose House, Meteor Court, Barnett Way, Barnwood, Gloucester, Gloucestershire GL4 3GG . Registered to carry on audit work in the UK by the Institute of Chartered Accountants in England and Wales.