VCM36130 - SEIS: income tax relief: withdrawal or reduction of SEIS relief: procedure: overview

ITA07/Part 5A/Chapter 7

Where the officer dealing with the affairs of a company becomes aware that relief falls to be withdrawn he or she will need to notify the tax offices dealing with the individuals concerned.

»Ê¹ÚÌåÓýapp notification will need to include the following details:

  • the reason for the withdrawal,
  • the amount to be withdrawn, if not the whole of the relief,
  • the year in which the shares to which the relief relates were issued,
  • the reckonable date for interest (see VCM36110).