Index Venture Capital Schemes Manual: Main Contents
Updates to this Guidance
The manual has been updated to take account of changes
introduced by Finance Act 2007, and the rewrite of much of the
legislation relating to the EIS and VCTS. As a result of the
rewrite, much of the legislation is now in
ITA (income Tax Act 2007) instead of ICTA (Income
and corporation Taxes Act 1988). The new ITA statutory references
are now shown, although for the time being the ICTA references are
also being retained.
Chapters 45000-49000, covering loss relief, are still to be
updated, which is being done as part of a more comprehensive
reorganisation of those chapters. These will be published later in
2008.
| VCM10000 | Introduction |
| VCM12000 | The investment process |
| VCM15000 | Investee companies |
| VCM17000 | Qualifying trades |
| VCM20000 | EIS: general |
| VCM25000 | EIS: income tax relief |
| VCM30000 | EIS: disposal relief |
| VCM35000 | EIS: deferral relief: shares issued before 6 April 1998 |
| VCM38000 | EIS: deferral relief: shares issued on or after 6 April 1998 |
| VCM43000 | EIS: taper relief for serial investments |
| VCM45000 | VC loss relief: general |
| VCM47000 | VC loss relief: mixed holdings |
| VCM48000 | VC loss relief: special rules following share reorganisations etc |
| VCM49000 | VC loss relief: companies |
| VCM50000 | CVS: general |
| VCM50300 | CVS: investors and reliefs |
| VCM55000 | CVS: loss relief |
| VCM57000 | CVS: deferral relief |
| VCM60000 | VCT scheme: general |
| VCM62000 | VCT scheme: qualifying holdings |
| VCM64000 | VCT scheme: reliefs |
| VCM66000 | VCT: disposal relief |
| VCM68000 | VCT: deferral relief |
| VCM69000 | VCT: winding-up |
| VCM69500 | VCT: mergers |
