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Posted Thu, 09 Jan 2025 16:26:03 GMT by Kingsley Packer
Hi, I made some investments in EIS and SEIS in 23/24 tax year - this was the year in which shares were issued. I have yet to receive EIS certificate for some of them due to delays. I understand I have up to 5 years to make a claim, however do I have to claim tax relief against the year shares were issued, ie 23/24 or can I claim against future tax years, ie 24/25? Thanks
Posted Tue, 21 Jan 2025 11:27:15 GMT by HMRC Admin 8 Response
Hi,
Please have a look at help sheet HS341 which advises that you have a choice of years to set the relief against.
Thankyou.
Posted Wed, 22 Jan 2025 09:32:17 GMT by HMRC Admin 8 Response
Hi Hammit Mistry,
The answer to your question is yes they can.
Thankyou.

 
Posted Wed, 22 Jan 2025 10:50:35 GMT by maxb
@Vladimir Sovetkin: Since you invested during tax year 2021/22, your choices are to claim the relief against tax due in 2021/22, or the year before, 2020/21 - not any other years.
Posted Wed, 22 Jan 2025 11:05:51 GMT by maxb
@Kingsley Packer: Since you invested in tax year 2023/24, the rules say you can claim against tax due in that year, or you can treat the investment as if it occurred the previous year, claiming against tax due in 2022/23. You can't claim against tax due in other years. I'm not sure whether you're asking because you don't have enough tax due in 2023/24 to make use of all the relief, or if you're asking whether you can claim on future years tax returns to avoid being forced to make a separate paper claim... If the latter, you can't claim on future years tax returns, *but* if you receive the certificates whilst your tax return for a previous year, that you want to claim against, is still accepting amendments, it can be very convenient to just amend your previously submitted return to include the additional EIS relief, instead of needing to follow the paper claim form process.

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