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Posted Wed, 07 Sep 2022 20:59:23 GMT by monkeydust
Hi, I made several investments (all EIS) to a company whos shares have fallen to negligible value for the current round which is designed to save it from liduidation. (~£36.00 to £0.01). This happened in July 2022. Can I make an Negligible Value Claim in my 2021/2022 filings or would I have to wait till I can file for 2022/2023 tax year from 6th April 2023? Appreciate your help MD
Posted Mon, 12 Sep 2022 14:07:32 GMT by HMRC Admin 19

You can make the claim for 2021/22 on your Self Assessment tax return. Further guidance can be found here: 

HS286 Negligible value claims and Income Tax losses on disposals of shares you have subscribed for in qualifying trading companies (2022)

Thank you.

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