Index Venture capital schemes manual: Main contents

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Many of the statutory references appearing in VCM are to the Income Tax Act (ITA) 2007. However, where this simply replaced legislation in the Income and Corporation Taxes Act (ICTA) 1988, for the time being the old ICTA references are also shown.

Chapters 45000-49000, covering loss relief, are currently being rewritten and reorganised, and the current version still only has the old ICTA references. The revised chapters, incorporating the ITA references, are expected to be published in summer 2009.

VCM10000 Introduction
VCM12000 The investment process
VCM15000 Investee companies
VCM17000 Qualifying trades
VCM19900 Enterprise investment scheme (EIS)
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 (applies only in respect of shares issued on or before 31 March 2010) 
VCM50300 CVS - investors and reliefs
VCM55000 CVS - loss relief
VCM57000 CVS - deferral relief
VCM59000 Venture capital trust (VCT) scheme