Insights
Taxpayer retains CGT relief on buyback of EIS shares
This case (Osmond and another v Revenue and Customs Commissioners [2025] UKUT 183 (TC)) concerned an appeal from the First-tier Tribunal (FTT) against HMRC's decision to refuse two individual taxpayers capital gains tax (CGT) relief under the Enterprise Investment Scheme (EIS) on a buyback of their shares.
