You can claim income tax relief on investments in a Seed Enterprise Investment Scheme in SimpleStep or HMRC Forms mode.
- Go to Tax reliefs and allowances > Relief on investments.
- Enter the amount in the box labelled Subscriptions for shares under the Seed Enterprise Investment Scheme.
- Go to Other information.
- Enter the information in the box.
HMRC Forms mode
- Go to Additional Information Page 2 (Other tax reliefs) – Please see table below for your specific Tax year.
- Enter the amount of investments on which you are claiming relief (maximum £150,000) - Percentage of investment which you can claim is 50%
- Go to SA100 Core Return > Page 7 > Box 19
- Enter details of each investment in Box 19 Any other information.
The details you need to enter for each investment are the:
- Name of the company invested in
- Amount on which you are claiming relief for this year
- Date of issue of the shares
- Name of the HMRC office authorising the issue of the certificate
- HMRC reference as shown on the certificate.
Enter the SEIS amount for HMRC Forms > Additional information > Page 2 > Other tax reliefs. Insert the amount of SEIS relief in box 10.
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