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INVESTOR RELATIONS SEIS Investment Opportunity (April 06, 2012) Anthony Sinclair Ltd intends to raise venture capital via the UK Government's newly launched Seed Enterprise Investment Scheme (SEIS). The following excerpt from Moneyweek magazine explains the benefits of the scheme: AN "ASTONISHING" NEW SCHEME FOR START-UPS' by James McKeigue for MONEYWEEK (Dec 02, 2011) There weren't many winners from George Osborne's autumn statement. Yet hidden among the bad news is a juicy new tax break for investors. Accountants at Blick Rothenberg call it "astonishing". From April 2012 the seed enterprise investment scheme (SEIS) will allow individuals who invest up to £100,000 per year in a new start-up business (up to a maximum cumulative investment in one firm of £150,000) to claim back income-tax relief equal to 50% of the amount invested. Moreover, as accountants at Deloitte note, you're eligible for the 50% tax break regardless of the marginal rate at which you pay income tax. Another eye-catching part of the new scheme is it's "capital gains tax holiday". Investors can avoid paying capital gains tax (CGT) on any asset sold during the financial year 2012-2013 as long as they reinvest the proceeds in a SEIS eligible start-up in the same year. For more information on the Anthony Sinclair SEIS opportunity, please contact John Tacchi at Tanza Partners: Email: john.tacchi@tanza.co.uk Further details of the scheme are available from HM Customs & Revenue by clicking here |