Top 7 Tax Reliefs Startups Forget to Claim
Running lean is part of startup life. That’s why missing out on tax reliefs hurts — you’re leaving money on the table.
Here are seven reliefs founders often overlook.
R&D Tax Credits – For companies developing new products, processes, or technology. Even loss-making startups can get cash back.
Annual Investment Allowance (AIA) – Claim 100% tax relief on qualifying equipment and machinery up to £1m.
Seed Enterprise Investment Scheme (SEIS) – Attract investors with income tax relief and capital gains advantages.
Enterprise Investment Scheme (EIS) – Similar to SEIS but for bigger investments. A powerful fundraising tool.
Patent Box – Profits from patented products may qualify for a reduced Corporation Tax rate.
Creative Industry Reliefs – If you’re in film, TV, gaming, or theatre, there are sector-specific reliefs.
Employment Allowance – Reduce your NIC bill by up to £5,000 a year if you employ staff.
