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Where Taxpayers and Advisers Meet

CGT relief if both SEIS and EIS investments made

swanie
Posts:23
Joined:Tue May 12, 2009 1:51 pm
CGT relief if both SEIS and EIS investments made

Postby swanie » Tue Nov 28, 2023 2:12 pm

Hello Oh Wise Ones.....
I am interested to know the answer to a question related to the application of SEIS and EIS CGT deferral/write-off relief which is best explained as a working example:
If a person has a liability for CGT in the sum of £100k after using all available allowances and they invest £100k into an SEIS, this entitles them to write-off £50k of that gain.
If that person also invests £50k into an EIS, would that allow them to defer the remaining £50k that would otherwise come into charge?
Above scenario assumes full income tax relief has been claimed on both investments.
Any clarification would be appreciated.

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