I’m wondering if I could ask my fellow Monzo members for some advice.
I made a small investment via crowdfunding website (crowd cube I believe) and I’ve been sent a letter from HMRC that’s titled Enterprise Investment Scheme Certificate and claim to relief.
Apologies if its obvious do I need to fill the form out ?
If it helps with any advice provided I have a job that I pay tax on.
Thanks.
You don’t have to fill the form out, but you will only get tax relief if you do.
Even if the income tax relief is not a lot, its worth doing since you will only get capital gains exemption in the future if you have claimed income tax relief on your purchase. I don’t really understand why the two are connected in this way though. Can anyone explain?
Apologies for late reply, this is the form I was sent