Where shares are issued to joint owners, they are treated as if each of them had subscribed the same amount for an identical number of shares.
For example, if £2,000 is subscribed for 2,000 shares in the name of a married couple, each is regarded as having subscribed £1,000 for 2,000 shares. That is so even if one of them paid the whole amount. To claim relief, each joint owner should get form EIS3 from the company.
