No, providing the shares being offered meet all the requirements to qualify for the various tax relief schemes, the fact that a nominee is holding the shares will not affect eligibility. Any tax relief benefits, such as EIS, will be passed on to the underlying investors.
Articles in this section
- How long does the completion of my round take?
- What happens after my pitch funds?
- What is the legal completions process?
- Do people drop out during the cooling off period?
- What are Anti Money Laundering checks and how are these processed?
- When are funds captured and what are the fees?
- When will I receive the money I have raised?
- How are corporate actions managed under the nominee?
- How are investor communications managed through the Crowdcube nominee?
- Does the nominee affect our eligibility for tax relief schemes such as EIS?