EIS and SEIS aiming to allot shares this tax year

Around this time of the year, investors frequently ask: which EIS and SEIS investments plan to allot shares this tax year? Which might allow ‘carry back’ to the 2019/20 tax year, so one might reclaim tax already paid?

Below is a list of EIS and SEIS investments expected to offer tax relief in 2020/21 and/or carry back to 2019/20, provided you meet their deadlines. The investments marked with a golden “W” are our featured offers – see how we choose.

Go straight to: EIS single company offers | EIS Funds | SEIS Funds

Please note: timings are not guaranteed. Cleared funds and completed applications must be received by the deadlines quoted below – you can apply online and pay by bank transfer. These deadlines were supplied to Wealth Club by the providers in February 2020 and could change. Tax rules can change and benefits depend on circumstances.

A reminder: how does ‘carry back’ work?

With EIS and SEIS investments you have the option to use the income tax relief against tax paid or owed for a previous tax year (known as “carry back”).

When EIS or SEIS shares are allotted – or the investment date for tax purposes – determines which is the current or previous tax year. 

So, for instance, if the allotment or investment date for tax purposes is before 5 April 2021, you could claim the income tax relief in the current tax year (2020/21) or carry back to 2019/20.

Important: The information on this website is for experienced investors. It is not advice nor a research or personal recommendation to invest. If you’re unsure, please seek advice. Investments are for the long term. When you invest in early-stage businesses you should expect some to fail. EIS and SEIS investments are high risk and only for experienced investors. You could lose all your capital: you should not invest money you cannot afford to lose.


EIS single company private offers

These are investments in a single company with no diversification – capital is at risk. 

Offer Minimum investment Deadline (cleared funds) How to apply
SageTech Medical EIS £20,895 26 March Prefill application online »
MedTech business with patented technology capturing waste anaesthetic gas, that could help hospitals save £millions and cut emissions.

EIS funds

Offer Minimum investment Deadline (cleared funds) How to apply
Blackfinch Ventures EIS Fund £10,000 15 March Apply online »
British Robotics Scale-up Fund £10,000 29 March Apply online »
Deepbridge Life Sciences EIS £10,000 25 March Apply online »
Deepbridge Technology Growth EIS £10,000 25 March Apply online »
Haatch Ventures EIS Fund £10,000 19 March Apply online »
Jenson EIS Fund £10,000 24 March Apply online »
SidebySide EIS Venture Fund £10,000 30 March Apply online »
Startup Funding Club Angel EIS Fund £10,000 26 March Apply online »
Station 12 EIS/SEIS Fund £10,000 26 March Apply online »
Symvan Technology EIS Fund £20,000 25 March Apply online »
Vala EIS Portfolio £25,000 30 March Apply online »

SEIS Funds

Offer Minimum investment Deadline (cleared funds) How to apply
British Robotics Sidecar Fund £10,000 29 March Apply online »
Station 12 SEIS/EIS Fund £10,000 26 March Apply online »

Wealth Club aims to make it easier for experienced investors to find information on – and apply for – tax-efficient investments. You should base your investment decision on the provider's documents and ensure you have read and fully understand them before investing. This review is a marketing communication. It is not advice or a personal or research recommendation to buy the investment mentioned. It does not satisfy legal requirements promoting investment research independence and is thus not subject to prohibitions on dealing ahead of its dissemination.

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