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UK income tax relief and UK capital gains tax relief is available for investment in small and medium sized trading companies with a permanent establishment in the UK. The rationale for relief is that it encourages individuals to invest in companies doing business in the UK that may struggle to obtain other sources of investment due to their risk profile.

Relief is only available if the company and the investor met certain conditions. Note that there is no requirement that the individual be UK resident in order to make the investment, but UK non-residents are only be able to benefit from the relief to the extent that they would otherwise have a UK income tax liability. See UK1.4.1.

For details of the UK income tax relief and UK capital gains tax relief available to investors, see UK1.3.1.

There are four risk finance investment schemes to consider. The seed enterprise investment scheme (SEIS), enterprise investment scheme (EIS) and venture capital trusts (VCT) are schemes that allow investments by individuals. Community investment tax relief