EIS tax relief for Monzo investment

Monzo Chat
1

Hi guys,

I have pledged some money to invest in this round, but I was wondering if it is eligible for EIS tax relief.

From what I read Monzo have to provide the EIS3 form that you fill out to claim your tax relief and be eligible for loss relief.

Can anyone confirm that they have already done this for the first round and if monzo should be offering this ?

Lee

2

Monzo isn’t eligible for EIS tax relief as it is a financial institution.

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3

Thanks for clearing that up for me. Was planning on investing more if they were eligible.

4

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