Taxes Consolidation Act 1997 section 508G

Claims for relief by specified individuals

Section 508G requires a SURE investor to obtain a statement of qualification from the company before claiming relief, and sets out the information that must be included in the claim.

• A specified individual (SURE investor) cannot claim relief under section 507 until a statement of qualification has been received from the company in which the investment was made.
• The claim for relief must include the name and tax reference number of the company in which the relevant investment was made.
• The claim must also state the date on which the relevant investment was made.
• The amount of the relevant investment must be included in the claim.