Would I be correct that I send to – Self Assessment- HM Reveue & Customs, BX9 1AS. Before you can claim EIS tax relief you must have received an EIS3 form from the company in which you have invested. This form confirms the amount you. are eligible for by sending the ‘claim form’ section of the SEIS3 or EIS3 form to HMRC; If you are not in a position to send the claim form, the documentation.

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It also gives some guidance on the circumstances in which an investor is eligible to make a claim. Gains arising up to three years before, and one year after, the EIS shares are issued can be deferred and there is no limit on the amount that can be invested.

Below we give a ei3s step-by-step guide, which you can use as a starting point, although it is not tax advice or a personal recommendation.

How to claim EIS income tax relief – A step-by-step guide – WealthClub

News about Enterprise Investment Scheme. Tax Efficient Solutions for Advisers and Investors. Income Tax relief claims You are eligible to claim the relief unless any of the following apply: Thank you for your feedback.

SEIS tax benefits are very attractive but there are good reasons for that, says Es3 Sherwood as he runs through… twitter. If you receive the eiss3 after you have sent your tax return, complete the claim form inside the EIS3 or EIS5 and send it to us.

How to claim SEIS and EIS tax relief

This form confirms the amount you invested and states that the investment is eligible for tax relief. Online forms, phone numbers and addresses for advice on Self Assessment. The circumstances in which you can claim the relief If you have received a form EIS3 eeis3 EIS5 for any investment you made in shares issued during the year ended 5 April or, in some cases, during the year ended 5 April see belowyou can claim relief provided you are eligible for relief for the shares see below.


A paid director is one who receives, or is entitled to receive, any form of payment from the company other than certain items such as reimbursements of expenses allowable for tax purposes.

EIS (Enterprise Investment Scheme) Tax Relief Guide For Investors

Fotm include the names of the companies, the subscription amounts, the dates when fofm shares were issued, the names of the relevant HMRC offices and their reference. There are also rules around investing in companies that you are connected toso check these before investing in a company that you have links to. Looking for a simple way to build a portfolio of exciting startups? The full process of obtaining an EIS certificate for an investment can take three to four months.

Gains deferred in this way wash out on death.

Fogm everybody a very Merry Christmas from all of us at Kin Capital. There are complex rules around what type of company qualifies for EIS investment.

HS341 Enterprise Investment Scheme – Income Tax relief (2015)

The notes on forms EIS3 and EIS5 explain situations when your relief might be withdrawn or reduced, and in which you would be obliged to make a report to us.

If the company has been liquidated, a decision must be made on whether to make an election to set the loss against income, and if so, whether you want to set it against your income in the tax year of the loss or the previous tax year. Additionally, as we do not want to miss out on any external rounds we think are outstanding, we do reserve the right to invest outside of SyndicateRoom alumni. If the fund was not approved, you will have to make individual claims for your allocated investment into every company that the fund invested in.


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The EIS has been around sinceso is a well-established part of the UK tax landscape for investors. As well as seats of learning, many of these top universities are innovation hubs. As a rule, we require the same or better level of EIS tax relief as received by the investors leading the round. In this case, the relief can be calculated by multiplying the effective loss by the rate at which you pay Capital Gains Tax.

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Transcend Packaging 11 December It usually takes HMRC around three months to process this application. Alternatively, you may want to offset your loss against your Capital Gains Tax bill for the current or future tax years.

What you do next will depend on how you submit your tax return by sis3 or online. Loss relief allows investors to offset a loss made on an EIS investment against either their Capital Gains Tax bill or their Income Tax bill, depending on which better suits their individual needs. The shares must be held for at least three years from the date of issue — tax relief will be given at the outset, but can be clawed back if you dispose of the shares before the three years are up.

In addition, the availability of tax relief depends on the company invested in maintaining its qualifying status. The general rule is that the relief is available for the tax year in which the shares are fotm.