The high net worth wrap provider Platform One and the Seed EIS Platform have launched an online service that is designed to make selecting and holding Seed Enterprise Investment Schemes easier for sophisticated investors and their advisors.
The Seed EIS Platform sources investment opportunities that qualify for the 50 per cent tax relief and, potentially, up to a further 28 per cent saving on capital gains tax under the UK government’s new initiative to help finance start-up companies.
"By combining the complementary services of the Seed EIS Platform and Platform One, we have created a unique online facility that will support UK financial advisors wishing to help their high-value clients benefit from the Seed EIS opportunity," said Mark Insley, chief executive of the Seed EIS platform.
The link between the two firms will also enable advisors to track what Seed EIS investment companies their clients are interested in, while holding the unquoted investments on a platform with all their other assets.
Click here to view a recent guest article about the pros, and possible cons, of Seed Enterprise Investment Schemes.