We'd like to remind Forumites to please avoid political debate on the Forum... Read More »
We're aware that some users are experiencing technical issues which the team are working to resolve. See the Community Noticeboard for more info. Thank you for your patience.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
EIS Tax Relief - timing
Options
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
-
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
-
Thank you very much for your help!0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 351K Banking & Borrowing
- 253.1K Reduce Debt & Boost Income
- 453.6K Spending & Discounts
- 244K Work, Benefits & Business
- 598.9K Mortgages, Homes & Bills
- 176.9K Life & Family
- 257.3K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.6K Read-Only Boards