The dynamics of the technology market have been transformed over the past decade. The advent of the digital economy has given innovative start-ups the ability to disrupt the way well-established industries operate, with the potential to rapidly undermine entrenched businesses and quickly achieve remarkable valuations. It is a time of opportunity for innovative companies with the products and ideas to challenge the way traditional businesses operate.
Velocity aims to exploit this opportunity, appraising potential investments not just for the traditional business qualities of strong management, robust operations and risk management, but also for dynamic attributes that flourish in the digital economy and technology environment, namely: innovation, scalability, agility and speed to market.
SEIS tax incentives
The companies the fund invest in are expected to be SEIS-qualifying, which makes Velocity SEIS Technology Fund 3 SEIS suitable for qualifying clients who would potentially benefit from the following tax reliefs:
- Up to 50% income tax relief
- Tax-free investment growth
- 50% capital gains tax exemption
- Inheritance tax relief
- Loss relief
Please note: SEIS tax reliefs are only made available to investors because of the higher risks associated with investing in early-stage companies. Also, the availability of tax reliefs will depend on the investor's personal circumstances, and tax legislation can change in the future. See guide for further information.