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EIS Tax Relief - timing
YellowSock
Posts: 34 Forumite
in Cutting tax
If you buy shares in a non listed company which qualifies for EIS tax relief you can e.g. deduct 30% of your investment from the income tax you have to pay in the same or previous tax year.
I would like to buy shares this tax year and carry the 30% income tax deduction back to last tax year. If I get shares assigned this tax year but receive the EIS approval from HMRC next tax year can I still do this?
Thank you!
I would like to buy shares this tax year and carry the 30% income tax deduction back to last tax year. If I get shares assigned this tax year but receive the EIS approval from HMRC next tax year can I still do this?
Thank you!
0
Comments
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The date on which to base the claim is the issue date of the shares. This will be shown on the EIS3 when you receive it.0
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Thank you very much for your help!0
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