Related Commentary  Related HMRC Manuals

257AB(1)  If an individual–

(a)is eligible for SEIS relief in respect of any amount subscribed for shares, and

(b)makes a claim in respect of all or some of the shares included in the issue,

the individual is entitled to a tax reduction for the tax year in which the shares were issued (“the current tax year”).

This is subject to the provisions of this Part.

257AB(2)  The amount of the tax reduction to which the individual is entitled is the amount equal to tax at the SEIS rate for the current tax year on–

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