onepearl

Thank you for your reply. I have already reviewed this guidance thoroughly; however, I would like to seek further clarification on the following specific points regarding my EIS investments: I will be submitting my tax return online: - For my first EIS investment, I have included the relevant details in my SA101 form (Box 2) and also provided details about the investment in Box 19 on Page TR7 of my tax return and also attached the EIS3 certificate. Is my current approach correct in claiming tax relief? Do I need to submit a separate EIS3 claim form (paper) to HMRC? - Regarding my second EIS investment which falls for the 2024-2025 tax return period (Shares issued: 15 July 2024 (confirmation received from the company) / EIS3 certificate: Not yet received) . I would like to confirm if it is permissible to carry back this investment in my 2023-2024 tax return to claim tax relied once I receive the EIS3 certificate, considering the deadline for submission is 31 January 2025. Can I carry back this 2nd investment yo 2023-2024 tax return? Your assistance in clarifying these points would be greatly appreciated. Kind Regards,

Thank you for your confirmation. To clarify, I understand that I am still eligible for the annual exempt allowance of £6,000 for the 2023-2024 tax year meaning being an additional rate taxpayer does not impact my Capital Gains Tax annual exempt allowance. (which is not the case for the personal allowance) right? Kind Regards

Dear HMRC, I am an additional rate taxpayer (45%) and have made a profit of £1,350 from buying and selling funds during the 2023-2024 tax year. As this falls under Capital Gains and given that the Capital Gains Tax annual exempt allowance is £6,000, I assume I do not need to report this profit on my tax return. Could you please confirm if my understanding is correct? Kind regards,

Hi, I am currently in the process of completing my Self-Assessment tax return for the 2023-2024 tax year and would appreciate clarification on the following points regarding my Enterprise Investment Scheme (EIS) investments: - EIS Investment 1: Payment made: 02 April 2024 / EIS3 certificate received / Date of share issuance on EIS3 certificate: 20 May 2024 I have included this investment in my SA101 form (online) under "Other Tax Reliefs" (Box 2 - Subscriptions for Enterprise Investment Scheme shares) for the 2023-2024 tax year. As I already have the EIS3 certificate in hand, is this the correct method for claiming the tax relief? Since I am submitting my claim online, I assume there is no need to submit a separate EIS3 claim form (paper) to HMRC—could you please confirm? EIS Income Tax Relief Carry-Back: I understand that EIS income tax relief can be carried back under certain circumstances. I would like to confirm if I can carry back the following investment for the 2023-2024 tax year, provided I haven’t exceeded the relief limit for that year: - EIS Investment 2: Shares issued: 15 July 2024 (confirmation received from the company) / EIS3 certificate: Not yet received Would it be possible to wait until I receive the EIS3 certificate for this second investment and still include it in the 2023-2024 tax return, given that the filing deadline for the 2023-2024 return is 31 January 2025? I appreciate your guidance on these matters. Kind regards,