The Small Company Enterprise Centre (SCEC) operates the advance assurance scheme for SEIS and EIS tax relief. You can submit your plans for funding alongside details of your business. The SCEC will advise whether your company is likely to qualify. This can take anywhere from a few weeks to a few months, so we recommend applying early.
Don’t worry if you haven’t applied yet, you can still launch on Crowdcube with your status set to ‘pending’. We would then need to check you have received advance assurance before collecting payments from investors.
The availability of any tax relief, including EIS and SEIS, depends on the individual circumstances of each investor and of the company concerned and may be subject to change in the future. If you are in any doubt about the availability of any tax reliefs, or the tax treatment of your investment, you should obtain independent tax advice before proceeding with your investment.