# Income Tax Act 2007, Section 257A: Meaning of “SEIS relief” and commencement

Extent: E+W+S+N.I.

(1) This Part provides for SEIS income tax relief (“SEIS relief”), that is, entitlement to tax reductions in respect of amounts subscribed by individuals for shares in companies carrying on new businesses.
(2) In this Part “SEIS” stands for the seed enterprise investment scheme.
(3) This Part has effect in relation to shares issued on or after 6 April 2012 only.
(4) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

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Source: https://www.legislation.gov.uk/ukpga/2007/3/section/257A (the official version)
Page: https://openlegislation.uk/income-tax-act-2007/section-257A
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.