CrowdRating launches SEIS & EIS Calculator

Author

UK Business Angels Association

09 February 2016

New simple tool will show crowdfunding investors the tax impact of their investments

With only 8 weeks until the End of the Tax Year, do you know how much tax you can reclaim before 5th April?*
Try our Calculator and find out for yourself!

CrowdRating (www.crowdrating.co.uk), the independent ratings agency for equity crowdfunding, today announces the launch of its SEIS & EIS Calculator, a free web-based tool which shows crowdfunding investors how their investment activity could impact their tax position.

The SEIS & EIS Calculator (www.eiscalculator.com) has been developed by CrowdRating to help the growing number of retail and certificated investors in crowdfunding, and other EIS and SEIS investment opportunities, simply and quickly, to find out the full tax impact of their investments.

With only eight weeks until the end of the tax year, investors can use the SEIS & EIS Calculator to work out how their crowdfunding investments could not only reduce the amount of Income Tax and Capital Gains Tax they will pay in this tax year, but also how much tax they could reclaim against last year’s tax bill. Furthermore, investors will be able to use the SEIS & EIS Calculator to analyse how different investment scenarios, such as a change in the amount invested, the allocation split between SEIS and EIS, or expected future investment returns or losses, might affect their tax position.

The SEIS & EIS Calculator will also be a useful tool for IFAs and wealth managers looking for a quick and simple analysis of clients’ EIS and SEIS investment implications.

Alex Heath, founder and director of CrowdRating, commented:
“The growth of the crowdfunding market is opening up the early-stage investment market to a new generation of investors who, for the first time, are benefitting from the tax breaks associated with early-stage investing. Using our simple SEIS & EIS Calculator will, for the first time, make it easy for all investors, regardless of their experience or the size of their investment, to understand the tax impact of their investments.”

Modwenna Rees-Mogg, Co-Founder of CrowdRating, added:
“Now that investors can use our SEIS & EIS Calculator to work out what tax they can reclaim, they need to ensure they receive their SEIS and EIS certificates and submit them to HMRC in time to make their claims.”

The SEIS & EIS Calculator is free and very simple to use. All you need to do is gather the relevant investment and tax information, input this into the calculator and click SUBMIT to reveal your results.
Enjoy trying out our SEIS & EIS Calculator at www.eiscalculator.com.
*You will need your SEIS or EIS certificates to make a claim

Stay informed

  • This field is for validation purposes and should be left unchanged.