Claim your (S)EIS relief for a low fixed price via Self Assessment.
12% discount for Crowdcube investors.
Please note our dedicated service for claiming EIS relief has been paused. HMRC has been taking longer than normal (6 months) to process the EIS claims, which leads us to believe they have a significant backlog. Until we know HMRC can process the EIS certificates within the stated timeframe, the service will be paused.
If you’ve already paid for the EIS service and submitted your certificates, don’t panic! We’ll still process and send your claim to HMRC. However, we won’t be processing any new EIS claims for the time being.
You can still continue to claim EIS relief in a more timely manner via Self Assessment by using our tax return service.
And we mean a few. After a couple of minutes of answering questions online we’ll have everything we need to start preparing your tax return.
That’s right, you’ll be matched with a real accredited accountant who is best suited to prepare your return. Plus, they’re on hand for questions whenever you need.
Once you’ve signed off your return, your TaxScouts accountant will submit your return with HMRC for you.
You’re not alone. If you’ve got a question about tax we’ve probably heard it before and have an answer, or we can walk you through what to do.
Log in to Crowdcube, go to your portfolio, and pick the investment you want to get the certificate for. Check out the link here for more information.
Unfortunately, HMRC doesn’t provide a specific timeframe. It can take up to 6 months to receive your claim.
You can opt to receive your refund through an adjustment to your PAYE code or via a payment from HMRC.
Most people in the UK don’t need to file a Self Assessment because they’re taxed through a system called PAYE and only receive their income after tax.
But, in other situations and for a variety of reasons, you might need to file a Self Assessment tax return.
Some instances include if:
Yes! You can do it yourself for free by filling in the claim part of your EIS3 certificate and sending it directly to an HMRC tax office.
There’s no limit on the number of certificates you can process via our tax return service.
If you don’t need to do a Self Assessment and have more than five certificates please contact the TaxScouts support team to discuss your situation with them.
You can process VCT claims through your Self Assessment using the TaxScouts tax return service. They can’t be processed using the dedicated (S)EIS claim service.
It usually depends on how complex your tax situation is. Our standard is two days from the point where our accountant has all the documents they need from you.
One thing to keep in mind is if this is your first Self Assessment, you’ll need to register and get a UTR number first. HMRC can take a few weeks to send it by post, so you should register early.
The documents we require depend on why you need to file a Self Assessment.
If your only reason to file one is because you’ve gone over the £100,000 earnings threshold, and your only source of income is employment (PAYE), then we only need a P60 (sometimes a P45 as well), and any P11D forms you might have received from your employer.
However, if you already have an HMRC Online Services account, we can connect to it and simply pull your information from there. And, in case you’re wondering, we’re authorised by HMRC to do this.
For any other reasons to do a Self Assessment, we have a longer list of documents here.
After your personal, accredited accountant has filed your tax return, all you need to do is prepare to pay your bill or, if you’re due one, wait for your refund.
You can do this either directly on HMRC online or via your TaxScouts account, where we’ll redirect you to HMRC’s payment portal.