Home < Accountancy < Resources < Personal < Saving and investing < VCT, EIS and SEIS < VCT, EIS and SEIS compared

VCT, EIS and SEIS compared

The reliefs for venture capital trusts (VCTs), the enterprise investment scheme (EIS) and the seed enterprise investment scheme (SEIS) are similar in many respects, but there are some significant differences. The table below highlights the main reliefs.

  VCT EIS SEIS
Annual investor limit £200,000 £1,000,000 £100,000
Income tax relief for subscribers 30% 30% 50%
Clawback if held for less than 5 years 3 years 3 years
Reinvestment relief period
- before gain made
- after gain made		 n/a
n/a		 1 year
3 years

n/a

n/a
Tax free dividends? Yes No No
Tax free capital gains? Yes Yes (after 3 years) Yes (after 3 years)
Tax relief for losses? No Yes (after 3 years) Yes (after 3 years)
IHT business property relief? No Yes Yes

View our online calculators >

We have a range of calculators to help you to check and plan your finances

Read our limited companies guide >

It’s totally free, and gives you advice and guidance around setting up as a contractor or freelancer.