How and when can I claim income tax relief for EIS investments?
You cannot claim relief until you receive the necessary form EIS3, which we will provide to you. Your claim can be made on the Self Assessment (SA) return for the tax year in which the shares were issued or the previous income tax year. You do not have to wait until the entire Fund is invested before you claim tax reliefs. If the tax return has already been submitted, a standalone claim can be made via the EIS form. Claims to relief can be made up to five years after the first 31 January following the tax year in which the investment was made. EIS3 forms can be used to claim both income tax and capital gains tax deferral relief by sending them to your tax office.
