Schemes (SEIS) will get up to 50 per cent tax relief.

It is hoped that people in the top 50 per cent tax rate will be tempted by the deal, which could save them a substantial amount of money. To benefit from the offer, individuals can invest up to £100,000 a year through a SEIS and offset 50 per cent of their investment against existing income tax liability. Tim Weller, founder of Incisive Media, a financial business information company, told the Independent: “This will encourage people who've made it to re-invest, to mentor those folk who are starting out.” David Guake, Exchequer Secretary to the Treasury, explained that the scheme aims to encourage higher levels of investment in seed-stage businesses. “We hope the scheme will also result in more people considering starting their own business,” he added. With regards to the tax breaks, investors need to bear in mind that they won't qualify if they hold more than 30 per cent of the SEIS company and the business concerned must be less than two years old and continuing or preparing to continue a qualifying trade.

http://www.50percenttax.co.uk/index/2012/3/6/schemes-seis-will-get-up-to-50-per-cent-tax-relief.html