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.

I have shares in a small company bought through EIS. The company has not been successful and I have recently sold my shares back to the owner at a loss. I believe I can claim loss relief on these shares in my next tax return. However, I have heard that if the company later on goes on to make a profit, then - even though I am now no longer a shareholder - the loss relief I have claimed can be revoked by HMRC, and I might have to pay it back. Could you confirm if this is the case or not? Many thanks.