SEIS is designed for very early-stage businesses raising their first investment capital. Under the scheme, eligible investors can receive: - 50% income tax relief on investments up to £200,000 per tax year - Capital Gains Tax (CGT) exemption on profits made from SEIS shares if held for at least three years - Potential loss relief if the investment does not perform as expected - The ability to reinvest certain capital gains for additional tax advantages

EIS is aimed at slightly more established growth businesses following the SEIS stage. Under EIS, eligible investors may benefit from: - 30% income tax relief on investments up to £1 million per tax year (or up to £2 million for knowledge-intensive companies) - Capital Gains Tax exemption on qualifying shares held for at least three years - Capital gains deferral relief in certain circumstances - Potential loss relief against income or capital gains

HMRC Venture Capital Advanced Assurance - SEIS & EIS

Matthew Dwyer
2 days ago
2 min read

Updated: 1 day ago

At The Rally Club, we are pleased to confirm that we have received HMRC Advance Assurance for both the Seed Enterprise Investment Scheme (SEIS) and Enterprise Investment Scheme (EIS). This provides early-stage investors with confidence that, subject to meeting the relevant qualifying conditions, investments into The Rally Club may be eligible for valuable UK tax reliefs.

We are currently part way through our early-stage funding round and are welcoming conversations with investors who are interested in sports, technology, and high-growth startup opportunities. If you would like to learn more about investing in The Rally Club or request further information, we would love to hear from you.

Eye-level view of a tennis court with players in action

Understanding SEIS and EIS

The UK Government created the Seed Enterprise Investment Scheme (SEIS) and Enterprise Investment Scheme (EIS) to encourage investment into early-stage, high-growth UK businesses like The Rally Club. These schemes provide generous tax incentives to investors who support innovative companies during their growth journey.

What is SEIS?

SEIS is designed for very early-stage businesses raising their first investment capital. Under the scheme, eligible investors can receive:

50% income tax relief on investments up to £200,000 per tax year
Capital Gains Tax (CGT) exemption on profits made from SEIS shares if held for at least three years
Potential loss relief if the investment does not perform as expected
The ability to reinvest certain capital gains for additional tax advantages

For example, a £10,000 investment into an SEIS-qualifying company could reduce an investor’s income tax bill by up to £5,000.

What is EIS?

EIS is aimed at slightly more established growth businesses following the SEIS stage. Under EIS, eligible investors may benefit from:

30% income tax relief on investments up to £1 million per tax year (or up to £2 million for knowledge-intensive companies)
Capital Gains Tax exemption on qualifying shares held for at least three years
Capital gains deferral relief in certain circumstances
Potential loss relief against income or capital gains

For example, a £20,000 qualifying EIS investment could provide up to £6,000 in income tax relief.

Why This Matters

SEIS and EIS help reduce the financial risk associated with investing in early-stage companies, making it easier for startups to secure funding and accelerate growth. For investors, the schemes provide access to innovative UK businesses while benefiting from attractive tax incentives.

As The Rally Club continues building the future of fantasy tennis, SEIS and EIS support can play an important role in helping us grow our platform, expand our community, and continue developing innovative features for tennis fans around the world.