Great Vid KINGCADEMY! , Just a quick one as I am considering on doing this, Do you get taxed on the amount ( the 10K that you invested in your example) that is not capital gains after 3 years ? Or do you get to keep the total amount (The gross) tax free ? Cheers Zack !
Great Video. I am a bit confused as to how the profit is £15k on scenario A rather than 10k which you actually get back. My understanding is that the Tax relief of 5k is not actually profit its money off your tax bill? Which is not really profit it just reduces the Tax bill? it doesnt save you 5k or add 5k to your pocket? Any clarity would be great
Hi K, thank you for your comment. And yes, its not profit in the traditional sense, but money you are saving because if you didn't do the EIS investment, then your tax bill wouldn't be reduced. Does that make sense? Depends how you look at it but I should have been clearer on this point. Thanks for the contribution :)
![[2022] Why invest in SEIS? We ask a founder and two investors…](http://i.ytimg.com/vi/bC-8XcBeyUo/mqdefault.jpg)
Great video, I've been waiting for this one. Nice one!
Thanks Tom, yes I hope it is helpful :)
Great Vid KINGCADEMY! , Just a quick one as I am considering on doing this, Do you get taxed on the amount ( the 10K that you invested in your example) that is not capital gains after 3 years ? Or do you get to keep the total amount (The gross) tax free ?
Cheers
Zack !
Is this a viable way to raise funds to start a martial arts gym?
Good video. This is how the rich get really rich lol scenario C ain’t reply that bad. 2k+ punt once all losses recovered via reliefs
Great Video. I am a bit confused as to how the profit is £15k on scenario A rather than 10k which you actually get back. My understanding is that the Tax relief of 5k is not actually profit its money off your tax bill? Which is not really profit it just reduces the Tax bill? it doesnt save you 5k or add 5k to your pocket? Any clarity would be great
Hi K, thank you for your comment. And yes, its not profit in the traditional sense, but money you are saving because if you didn't do the EIS investment, then your tax bill wouldn't be reduced. Does that make sense? Depends how you look at it but I should have been clearer on this point. Thanks for the contribution :)