ConfusedTaxpayer27
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RE: Claiming EIS Loss Relief via Online Self Assessment
Hi, I also need explicit guidance on what amount to input in Box 41: should it be the same amount as box 35 Losses in the year if these consist only of losses from EIS companies going into insolvency (net of EIS relief, unlike box 33), or my marginal tax rate applied to these losses in box 35? I wonder if the system will not apply my marginal tax rate to this box itself for the final computation as the tax overpaid amount at the end seems a bit low if I already apply my marginal tax rate to the losses amount in box 41. Please don't send me to HS286 How and when to claim the relief, I already read it and it's not explicit enough. Thank you