I am looking into starting a dentistry practice with my cousin & my brother (we would have sub 30% of equity each), looking at the govt publications i see no reason why using seed eis would not be an eligible trade but suspect I am missing something! One thing that confuses me is that we would need premises. Clearly I could buy the premises within the ltd but im guessing that this might impact the 'eligible trade' part. The guidance on hmrc website is not very thorough.
Has anyone got any links that would be worth reading up on eligibility dos and donts? tks
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