Tax advantaged investment range
Our range of tax advantaged investments showcase our expertise through a retail product offering and we work with over 420 UK based IFAs and Wealth Management firms who recommend and invest in these products on behalf of their clients as part of their financial planning.
We have a partner network of high net worth entrepreneurs who join with us both financially and non-financially in helping these businesses deliver on their growth ambitions. We work with more than 640 individual advisers across the UK who invest in our funds with the aim of capitalising on our proven skills in providing them with capital growth opportunities utilising the inherent tax advantages of these products.
As a specialist SME business in debt, equity and advisory services we have actively engaged with over 4,000 SME businesses in the last 10 years from proprietary deal research and origination, supporting businesses through their investment terms and managing successful exits for our investors from within the Seneca family of businesses. This has resulted in 24 full or partial exits totalling more than £35 million in investor returns. Additionally, a significant number of our current investee companies are trading at substantially higher values than at our original entry point.
We are sector agnostic, adopting a generalist approach, preferring to look at the dynamics and management strength within each individual business and we make excellent use of our long-standing relationships with UK stockbrokers which enables us to maintain a balanced exposure to both AIM quoted and private companies.
Venture Capital Trust
Enterprise Investment Scheme
Inheritance Tax
Venture Capital Trusts (VCTs)
We operate a generalist strategy with the aim of generating returns from a diverse portfolio of both private and AIM quoted growth capital investments. The investment returns are intended to provide investors with an attractive income stream in the form of stable tax free dividends and also capital growth over the longer term.
Enterprise Investment Schemes (EIS)
Also operating a generalist strategy we aim to provide capital appreciation for our investors over the medium term by arranging a diverse portfolio of EIS qualifying private and/or AIM quoted investments.
This should allow investors to take advantage of the inherent EIS tax benefits including initial 30% income tax relief and CGT free returns as part of their investment planning.
The scheme also provides for CGT deferral and also should qualify for Business Relief after 2 years of holding the shares meaning they then sit outside of the estate for IHT purposes.
Benefits of EIS investing:
- 30% up front income tax relief
- Ability to defer CGT
- CGT free exit after 3 years
- Business Relief Qualifying after 2 years for IHT purposes
Seneca IHT Service
A discretionary service managed by Seneca Partners Ltd. The money invested on behalf of individuals will be used to buy shares in one or more private investee companies. These shares are expected to qualify for Business Relief once held for 2 years.
The service only invests in private limited companies none of which are listed on any stock market. Each company’s share price is therefore based on its net asset value and has no correlation with share price movements of quoted companies such as those that make up the Alternative Investment Market.
Minimum investment is £50,000.
The aims of the service are:
- to qualify for 100% relief from IHT after only 2 years
- to minimise the risk to capital invested
- to generate a return for investors of 4% per annum
- choice of income, growth or a blend of both
