Accountants for SEIS and EIS startups: prepare the case in your first ninety days
Accountants for SEIS and EIS startups should say whether advance assurance is realistic before you approach an angel. We prepare the application in house.
The difficult moment comes when an investor asks how the relief works and your accountant has no answer. We check the window, prepare the case and can speak to your angel directly.
Fiscal Umbrella is a Luton accountancy and tax practice for technology startups across the UK. Fasih Khan, ACCA qualified, handles SEIS and EIS advance assurance in house, agrees a fixed fee in writing and can explain the relief directly to an angel investor.
I was stuck with my R&D claim, but Fiscal Umbrella helped me navigate it smoothly. They're professional, efficient, and truly know their stuff.…Cartel Media
- Fasih Khan ACCA
- Fixed fees in writing
- Luton office
- UK-wide remote
What changes before you approach an investor
Know whether the timing still works
Your company and funding position are checked before the investor conversation begins.
Give your angel direct answers
Fasih can explain how the relief works without leaving you to carry technical questions.
Keep the raise tied to tax
SEIS, EIS, R&D and patent box are considered alongside your year-end accounts.
Where SEIS plans start to go wrong
The application often becomes urgent because the important questions were asked too late.
- Incorporate
“I incorporated first and asked about SEIS only when an angel wanted to see the advance assurance.”
Late checks can narrow the available route. They can also hold up the investor conversation.
- Raise
“Our angel asked how the relief worked, but our accountant could not explain it on the call.”
The founder then carries a tax conversation they should not have to lead.
- Relief
“We are building software, but our year-end accounts arrived without any question about R&D or patent box.”
A relief can be missed when the raise and the year end are handled separately.
- Day 90
What changes once the right advice reaches your raise
Eligibility is checked before the investor conversation. The application and year end stay with the same qualified person. Your angel can speak directly with Fasih about how the relief works.
Quick check · no email
If they cannot check your SEIS window, explain advance assurance to your angel and answer before you raise, you have the wrong accountant
Answer these questions about the accountant advising your company now.
Question 1 of 3
Could they tell you this week whether your company is still inside the SEIS window?
Could they explain what the advance assurance application needs from your company?
Could they speak directly with your angel about how the relief works?
Those gaps can delay the application and leave the founder answering tax questions alone. The free SEIS eligibility check is the next step.
One missing answer can still hold up the raise. Fasih completed advance assurance for his own software company before raising.
Your accountant is covering the decisions that matter before a raise. Read the startup guides if you want a second reference point.
What filing alone leaves unanswered before a raise
Year-end work matters, but an investor conversation creates questions that cannot wait.
Year-end accounting
The annual accounts and corporation tax return are prepared.
Past transactions are recorded and filed.
SEIS may only come up when the founder asks.
Investor questions may sit outside the agreed work.
Advice before the raise
The SEIS window is checked before approaching an angel.
Advance assurance is prepared in house.
The investor can hear the explanation directly from Fasih.
R&D and patent box are reviewed alongside the year end.
What must be settled before the application starts
A yes to each question gives the work a sound starting point.
- 01
Is the business a limited company?
This service is for limited companies only.
- 02
Are you looking at SEIS or EIS funding?
Yes means advance assurance is worth checking, even before investors or turnover are in place.
- 03
Do you need investors in place before you ask?
No. Fiscal Umbrella does not find or introduce investors, and you can enquire before any are in place.
- 04
Has anyone checked the SEIS window?
Check it before building the raise around the relief.
- 05
Can you provide evidence for the application?
The work must be supported by company information.
- 06
Does your angel understand the relief?
Fasih can explain it directly on a call.
- 07
Has R&D or patent box been considered?
Both can be reviewed alongside the year end.
- 08
Can your accountant answer before you raise?
The advice needs to arrive while the decision is still open.
What your startup still needs after assurance
The application works better when the wider accounts and tax position stay connected.
Advance assurance prepared in house
Fasih handles the work without passing it to a separate claims firm.
An investor conversation led by Fasih
Your angel can ask how the relief works and receive a direct answer.
Tax work connected to your accounts
R&D, patent box and corporation tax are considered by the same qualified person.
Entry 01
What Fasih learned by raising through SEIS
He went through advance assurance as the owner of his own software company.
What clients say
How the first ninety days move your raise forward
Each stage settles one question before the next investor conversation.
A realistic route before work starts
The free check covers your timing, funding position and whether advance assurance is realistic.
An application built from your evidence
We prepare the advance assurance work in house from the information your company provides.
Your angel gets a direct explanation
Fasih can join a call and explain how the relief works for the investor.
Your raise and year end stay connected
SEIS or EIS, R&D and patent box are considered as part of the wider tax position.
Who this process is built to help
Any founder looking at SEIS or EIS funding can enquire, even with no turnover or investors yet.
The business must be a limited company.
Fiscal Umbrella cannot find, arrange or introduce investment.
Founders expecting investor introductions are not booked for a review.
Answer a few quick questions first, and the recommendation will show whether the free review fits.
Questions founders ask before choosing SEIS accountants
What does the monthly fee include for a SEIS or EIS startup?
The scope is agreed before work starts and written into a fixed fee. It can cover year-end accounts, corporation tax, VAT, bookkeeping, payroll and the director’s Self Assessment, alongside SEIS or EIS work. The exact services depend on your company, funding plan and current setup, so nothing is added without agreement.
Can we use Fiscal Umbrella if we already have an accountant?
Yes. Fiscal Umbrella can handle SEIS or EIS advance assurance while you keep an existing accountant, provided responsibilities are clear and the required information is available. If the split delays answers or disconnects the application from the year end, you can discuss moving the wider accounting work after the review.
Do we have to move accounting software before starting?
No automatic move is required before the first conversation. Fasih will check what you use for bookkeeping, payroll and supporting documents. If the current setup cannot support accurate accounts or the SEIS and EIS work, he will explain what needs changing before you agree to proceed.
What happens with our current accountant if we switch?
If you decide to switch, Fiscal Umbrella contacts your current accountant, requests the files and handles professional clearance. The handover is planned around existing filing dates so responsibilities stay clear. You receive the scope and fixed fee in writing before any work starts.
What do accountants for SEIS and EIS startups do before an investor meeting?
They should check whether the company is inside the relevant window and whether advance assurance is realistic. They should prepare the application from the company’s evidence and explain the relief in plain English. Fasih can also speak directly with an angel investor, so the founder is not left carrying technical questions alone.
Can Fiscal Umbrella help us find angel investment?
No. Fiscal Umbrella does not find, arrange or introduce investment. It works with founders looking at SEIS or EIS funding, whether or not investors are in place yet. The role is to check SEIS or EIS eligibility, prepare advance assurance in house and explain the relief to an angel already involved in the raise.
Three ways to take the next step
Start with the SEIS eligibility check
Answer a few quick questions for a personalised recommendation and, if there is a fit, the free review.
Check if you fit 02 · A question firstAsk Fasih about your raise
Send the question holding up your application or investor conversation.
Ask Fasih a question 03 · Still decidingRead before deciding
Use the guides to understand the reliefs and the questions your accountant should answer.
Read the startup guides →