If the new shares don't preserve the EIS status (currently checking this), wouldn't the income tax relief only be withdrawn to the extent that the value received was £200 (£200 x 30%)?
But, ITA07/S215 would then apply as less than £1,000, so no clawback ?
My answers
Thankyou :)
Thankyou both.
Yes, loss £3,300.
If the new shares don't preserve the EIS status (currently checking this), wouldn't the income tax relief only be withdrawn to the extent that the value received was £200 (£200 x 30%)?
But, ITA07/S215 would then apply as less than £1,000, so no clawback ?