VCM35060 - Venture Capital Schemes Manual: the Seed Enterprise Investment Scheme: income tax relief: company and investor procedures: company procedures: information needed with the compliance statement

In addition to the statutory requirement, in VCM35020, the following must also be provided when completing and submitting the compliance statement SEIS1 to HMRC:

  • A company must give the full name of the company, its date of incorporation, the address and the Company Registration Number (CRN). »Ê¹ÚÌåÓýapp CRN will have been provided to you at the time of notification to Companies House. »Ê¹ÚÌåÓýapp company address should be the registered address of the company which should be the same address as that lodged with Companies House.
  • A company must be a qualifying company and provide details such matters as the company’s trade and capital structure.
  • A company must provide all of the items listed in VCM60220 in support of their compliance statement to the VCR Team
  • A company must meet the growth and development requirement, see VCM8130
  • A company and the investment must meet the risk to capital condition, see VCM8530
  • If the company has applied for advance assurance for the scheme this should be indicated where applicable on the SEIS1.

»Ê¹ÚÌåÓýapp furnishing of a false compliance statement attracts a penalty under S207 ITA2007. »Ê¹ÚÌåÓýapp maximum penalty is £3,000.