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EIS and SEIS Advance Assurance – no changes – yet

HMRC has now published a summary of responses to the consultation on EIS/SEIS Advance Assurance consultation.  There are no recommendations for action but HMRC will publish a full report late in the year.

It appears that HMRC will be focusing on reducing “unnecessary” demand, improving communications and guidance and introducing standard documents.  Apparently, and not surprisingly, in view of the risk of failure, the vast majority of responses were in favour of retaining the advance assurance system.

The link to the full HMRC response can be found on their website.

 

 

Date: 31st March, 2017
Author: Jacqui Gudgion

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