How do I make a claim for Enterprise Investment Scheme deferral relief?

To claim for Enterprise Investment Scheme (EIS) deferral relief, you need to enter details of the asset under Capital Gains. If you already have a PDF summary of the information relating to Capital Gains, you can use HMRC Forms mode.

SimpleStep mode

1. Complete the Asset Details screen.
2. Tick Tick box if you are claiming any other reliefs or elections for this asset e.g. Private Residence Relief, EIS Deferral Relief, Roll over / Hold Over relief.
3. Enter the amount of loss in EIS deferral relief. This box is for informational purposes only and will not decrease any gains/tax due at this point.
4. Go to the 2019-20 losses screen and tick the box Do you wish to change the way in which losses are off-set?
5. Enter the amount of loss in the appropriate box, depending on how you want to allocate this.
   If offsetting losses against previous years, go to Working out your tax > Tax Adjustments > Adjustments to an earlier year, that decrease your tax and enter the tax adjustment – this is the difference in tax due in prior years after carrying the loss back to that year.

HMRC Forms mode

1. Go to the Capital Gains pages and complete the information on CG1 and CG2, filling in the totals as required.
2. Go to the Check and Finish page and select Attach.
3. Browse to where the pdf summary is saved and attach it.

For further assistance on EIS and Capital Gains Tax, read the HMRC helpsheet.