Introduced March 2018, this subjective new condition has introduced a heap of new considerations for SEIS / EIS applicants, and is not something to be ignored! HMRC have now made it clear that this is a gateway test, which is the first consideration they will review on any application.

See this article for how to answer this question:
https://seedlegals.com/blog/what-is-the-seis-eis-risk-to-capital-condition

Did this answer your question?