I started a new business last year and invested savings in it. I also have plans to invest more this year. Prior to this business venture last year I was a PAYE worker.
I don't qualify for the seed capital scheme as the service industry isn't covered by this.
Can I use the EII scheme to recoup some of the tax I paid as a PAYE employee? Or is relief only applicable to future earnings?
I don't qualify for the seed capital scheme as the service industry isn't covered by this.
Can I use the EII scheme to recoup some of the tax I paid as a PAYE employee? Or is relief only applicable to future earnings?