EIS relief withdrawal

My client invested in EIS qualifying shares and obtained income tax relief of £30,000 in 2019-20. Unfortunately for him, the company has been taken over (because of losses) by a non-EIS qualifying company, within 3 years of the issue of the shares. From what I read in the VC schemes manual, the income tax relief has to be withdrawn by HMRC raising an assessment, rather than by entry on the tax return - but it doesn't say how my client is supposed to volunteer for that assessment. Can you please clarify who I should tell and how?

Hi Michael Thexton,

This should be done in writing giving details of the company, the date of investment and the date 'sold'. the letter should be sent to
HMRC,
PAYE & Self Assessment
BX9 1AS

Thank you.

Thank you. Will do.