I don't think that's right - HMRC imply otherwise.
However, there's also some stuff about holding shares for 3 years, and only being able to claim relief once the company has been trading for 4 months (or has spent 70% of the funds raised) ... not sure how that all works in practice.
I don't think that's right - HMRC imply otherwise.
However, there's also some stuff about holding shares for 3 years, and only being able to claim relief once the company has been trading for 4 months (or has spent 70% of the funds raised) ... not sure how that all works in practice.