VCM14170 | Venture Capital Schemes Manual: the Enterprise Investment Scheme: income tax relief: company and investor procedures: investor claims: HMRC action after receipt of allowing investor claim

Where a claim is accepted (either without enquiry or after enquiry) this should be notified to the Venture Capital Reliefs (VCR) Team dealing with the company. Sending these forms enables the VCR Team to check that the investor qualifies for the relief and that the amount and year are correct, and assists the Inspector in arranging for any reduction of relief which may be needed at a later stage.

When the claim is supported by a form EIS5 (because the investment has been made through an Approved Investment Fund) there is no need to send a copy or show this information on the form, to the VCR Team.

(This content has been withheld because of exemptions in the Freedom of Information Act 2000)