beta This part of GOV.UK is being rebuilt – find out what beta means

HMRC internal manual

Venture Capital Schemes Manual

Seed Enterprise Investment Scheme (SEIS): Re-investment Relief: relief restricted

Re-investment relief may be restricted if:

  • SEIS Income Tax relief is not given on the full amount of the subscription for SEIS shares, see VCM45050.
  • the amount of SEIS Income Tax relief has been reduced before re-investment relief was obtained see VCM45070.