Section 257EB — Income Tax Act 2007: Entitlement to claim

Entitlement to claim 257EB 1 The investor is entitled to make a claim for SEIS relief in respect of the amount subscribed by the investor for the relevant shares if the investor has received from the issuing company a compliance certificate in respect of those shares.

2 For the purposes of PAYE regulations no regard is to be had to SEIS relief unless a claim for it has been duly made.

3 No application may be made under section 55(3) or (4) of TMA 1970 (application for postponement of payment of tax pending appeal) on the ground that the investor is eligible for SEIS relief unless a claim for the relief has been duly made by the investor.