For tax purposes, investments are deemed to have been made when we complete the investment into the business. This happens after our due diligence process is completed and funds are paid to the company, rather than when you commit funds through Republic Europe platform or when the campaign is closed.
The time between you committing to invest in a campaign and us completing the investment in the business will differ from campaign to campaign and depends on when the entrepreneur closes the campaign for investment and how long due diligence takes – so unfortunately we can’t tell you exactly when you’ll be able to claim tax relief.
Once the investment has been completed, we work with the business to ensure that you receive the certificates you need to claim back any tax reliefs for which you are eligible. It often takes a few months before we have authority from HMRC to issue tax certificates. In any event, rest assured that you will receive email communication when certificates are available to download.
Important: Please ensure your Republic Europe profile is up-to-date with your current address as this will be included in the tax relief application form and the certificate you will subsequently receive will contain this info.