Skip to main content

This is a new service – your feedback will help us to improve it.

Posted Fri, 22 Nov 2024 16:31:49 GMT by pvmellor mellor
I worked for a small company with EIS shares. The owner paid me partially in cash and partially in shares. The company has not been successful and the owner is now buying back the shares for £0 so that the investors can claim their EIS tax relief. Am I able to claim tax relief also on the shares I was given, since I did not actually pay for them in the first place.
Posted Wed, 27 Nov 2024 15:18:44 GMT by HMRC Admin 20 Response
Hi,
You cannot claim relief as you were connected with the company as you were an employee -
HS341 Enterprise Investment Scheme — Income Tax relief (2024) Updated 6 April 2024
Thank you.

You must be signed in to post in this forum.