Global ideas marketplace start-up UCROWDME, SEIS & EIS Advance Assurance approval by HMRC
UK-based global ideas marketplace UCROWDME is very pleased to announce they have been formally granted Advanced Assurance from HMRC for the Enterprise Investment Scheme (SEIS) and (EIS) tax relief.
According to UCROWDME, the tax reliefs allow up to £12,000,000 which can be invested into the growth of the ideas marketplace platform under the scheme, from private investors or specialist EIS funds.
"For example, if you invest £20,000 in UCROWDME, investors will potentially be eligible to receive up to £6,000 from HMRC in the form of tax relief, depending on the investor's individual circumstance. Investors are sheltered from paying capital gains tax on any future returns and they could also be protected from losses, with up to £6,300 of loss relief. This means that their financial exposure to UCROWDME is potentially reduced to £7,700 while retaining the full value of their shares."
Along with the previous tax relief news, UCROWDME has been successfully listed as an IEO on the ProBit Exchange (https://www.probit.com/
More detailed information can be found on Coin Market Cap (https://coinmarketcap.com/
UCROWDME will be announcing plans for an upcoming investment round, releasing additional equity for Phase#1 software development with our global technology partners Jalasoft (http://www.jalasoft.com/)
UCROWDME further explained that it has spent the last 6 months refining their business model, supported by years of data and evidence, proving that the business is not only feasible but will be significantly profitable.
"By reaching a global internet community of <4.57 billion over the next few years, they will be cash flow positive within 12 months of the platform going live. Their proposition is very different from existing players in the innovation and insight management space whereby it is geared towards enterprise companies and focused on B2B engagement".
UCROWDME is creating a global online marketplace for the exchange of ideas and insights and a completely brand new industry called 'Ideas as a Service' ®️ (IaaS). UCROWDME is revolutionising how global businesses and brands receive feedback and insights from millions of global consumers.
To become the primary global ideas marketplace connecting global citizens and organisations that are looking to monetise their ideas and consumer insights. We work across many industry sectors including Government and NGOs and empower companies of all sizes to compete fairly at a local/global scale.
For more information on what we do please visit www.ucrowdme.com
Giselle Griffiths, CEO & Co-Founder, UCROWDME (UK) Limited
UCROWDME (UK) LIMITED