HMRC has published a new advance assurance application form for companies seeking assurance, in advance of an issue of ordinary shares that may attract tax relief under the Enterprise Investment Scheme or the Seed Enterprise Investment Scheme, that the shares will meet the qualifying conditions.
The procedure does not cover tax relief for particular subscribers. ‘However, individuals considering investing can contact the Small Company Enterprise Centre for advice on whether or not they would be eligible for EIS or SEIS reliefs on their subscriptions,’ HMRC said.
HMRC has published a new advance assurance application form for companies seeking assurance, in advance of an issue of ordinary shares that may attract tax relief under the Enterprise Investment Scheme or the Seed Enterprise Investment Scheme, that the shares will meet the qualifying conditions.
The procedure does not cover tax relief for particular subscribers. ‘However, individuals considering investing can contact the Small Company Enterprise Centre for advice on whether or not they would be eligible for EIS or SEIS reliefs on their subscriptions,’ HMRC said.
