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Where Taxpayers and Advisers Meet

EIS income tax relief

denzilh
Posts:1
Joined:Thu Feb 17, 2022 11:30 am
EIS income tax relief

Postby denzilh » Thu Feb 17, 2022 11:42 am

I have made EIS investments last year of 24K giving potential relief of £7200 @30% relief rate rate on my income tax for that year, however my income tax was only £6950. is it possible to claim the relief rate @26% thus enabling all my shares being eligible for CGT relief in the future or do i have to loose a fractional proportion of the relief and or forgo relief on some of my shares. I am most interested in preserving the CGT opportunity on all of the shares if that is possible?

Many thanks

Denzil

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