The Seed Enterprise Investment Scheme (SEIS) and Enterprise Investment Scheme (EIS) provide tax reliefs for clients who have invested in qualifying companies. In BrightTax, these are entered across two supplementary schedules — SA101 for the income tax relief and SA108 for any Capital Gains Tax deferral or exemption.

Income tax relief for SEIS and EIS investments is entered on the SA101 Additional Information supplementary schedule.

1. Go to the Summary tab and add SA101 via What Makes Up the Tax Return: Supplementary Pages.
2. Open SA101 and switch to Edit mode.
3. Navigate to the Other Tax Reliefs section within SA101.
4. Enter the SEIS or EIS investment amounts in the relevant boxes.
5. Click Save.

Where a client is claiming SEIS CGT reinvestment relief or EIS CGT deferral relief, these are entered on the SA108 Capital Gains supplementary schedule.

1. Go to the Summary tab and add SA108 via What Makes Up the Tax Return: Supplementary Pages.
2. Open SA108 and switch to Edit mode.
3. Navigate to the Unlisted Shares and Securities section.
4. Enter the relevant SEIS or EIS disposal or reinvestment details.
5. Click Save.

Q: Where do I find the SEIS relief amount to enter?

A: The amount of SEIS relief the client can claim is shown on the SEIS3 certificate issued by the investee company. Use this as the source for the figures entered in SA101.

Q: Can I claim both SEIS and EIS relief in the same return?

A: Yes, if the client has made qualifying investments under both schemes in the same tax year.

Q: My client has carry-back relief for SEIS — where does this go?

A: SEIS carry-back relief is also entered on SA101 under the Other Tax Reliefs section. Refer to the HMRC helpsheet for the specific boxes that apply to carry-back claims.