- Original Poster
- #1
Hi
I made an SEIS investment within the 2014 – 2015 tax year of £22 354.
I paid income tax of £3284 in tax year 2013 – 2014 tax year.
I understand that I can allocate (is that the right word?) £6568 of my SEIS investment to tax year 2013-2014 which at 50% relief would offset all of the £3284 tax paid.
I can then enter the remainder of the £22 354 (£15 786) in my tax return for 2104 – 2105.
My question is, is the above correct and how do I reclaim the 2013-2014 tax please? Is there a special form or is there a carry-back facility on the tax return maybe?
Thanks in anticipation…
Bob
I made an SEIS investment within the 2014 – 2015 tax year of £22 354.
I paid income tax of £3284 in tax year 2013 – 2014 tax year.
I understand that I can allocate (is that the right word?) £6568 of my SEIS investment to tax year 2013-2014 which at 50% relief would offset all of the £3284 tax paid.
I can then enter the remainder of the £22 354 (£15 786) in my tax return for 2104 – 2105.
My question is, is the above correct and how do I reclaim the 2013-2014 tax please? Is there a special form or is there a carry-back facility on the tax return maybe?
Thanks in anticipation…
Bob
