A form EIS1 used in error and submitted to HMRC did not represent a prior investment under the enterprise investment scheme on a purposive construction of the SEIS legislation and a realistic view of the facts, and could be treated as a for EIS1.
Summary
A form EIS1 used in error and submitted to HMRC did not represent a prior investment under the enterprise investment scheme (EIS) on a purposive construction of the seed EIS (SEIS)
