Posts about Hmrc

The Seed Enterprise Investment Scheme (SEIS) and Enterprise Investment Scheme (EIS) are two of the UK government’s most generous - and hence most popular - initiatives to encourage investors to fund early stage businesses. Considering that - in theory at least - newer companies present a higher investment risk, many a founder have applied for one or both of these schemes, hoping to attract investors. 

A common question among EIS/SEIS beginners, as all the relevant paperwork can get hard to keep up with! Capdesk comes to the rescue once again, with an easy-to-digest account of everything you need to know before you submit your application. Let's dive in. 

EIS is a great way for early stage businesses to attract potential investors and accelerate their growth. Unfortunately, it involves quite a bit of paperwork, served with a generous side of EIS terminology! But worry not - this guide was specifically designed to give you a good overview of what you need to know about the scheme, without getting lost in all the mumbo-jumbo! Let’s take a look.

With almost £2Bn pounds invested in UK startups through EIS last year, it’s clear that EIS can be a goldmine of a scheme for early-stage startups. Unfortunately, it comes along with quite a bit of paperwork. But, as you know, we’re all about the paperless life here at Capdesk, so we’re bringing you one step closer to it by letting you store EIS documents on Capdesk for your investors to stay informed about your application status, and making EIS3 signing and distribution digital to save you tons of admin time. Let’s put a smile on your investors’ faces!

If you're one of the many companies who grant options to employees over issued shares, we have good news for you. You can now do so on Capdesk, with just a few clicks. It just got easier than ever to issue and monitor your grants!

It’s that time of the year again. 6th of July is almost here and, for those of us dealing with HMRC, this can only mean one thing: it’s time for another ERS Annual Return Filing. We thought you might need a refresher on this, so we've put together a little ERS Annual Return guide (it's what we do best, after all) on how to file an EMI Annual Return to HMRC the old-school way, or digitally through Capdesk.  

Every time your company issues a new grant as part of your EMI scheme, you need to notify HMRC through an EMI notification. If you’ve used Capdesk before, you probably know by now that the platform can generate and automatically fill out an EMI notification for you. If not, take a brief look at our blogpost on that and come right back!

Whether you’ve had an EMI scheme for a while, or just started setting one up, making EMI notifications for HMRC is always one of those tasks that take up more time than you’d like. This process requires you to either manually enter all of the grant recipient’s and issued shares’ details on the HMRC website, or to upload a spreadsheet of your own where you’ve been keeping track of this information.