VCM10070 - Introduction: how to use the venture capital schemes manual

This manual covers all aspects of the four venture capital schemes which are currently in force. It does not, however, provide comprehensive information about provisions which were superseded on or before 5 April 1998.

If you want to get an overview of the schemes and find out the similarities and differences between them, use the opening sections of the manual, which are listed below. Each of these sections starts with its own table of contents.

VCM12000 onwardsThe nature of the shares, the process of subscription and issue of the shares, and the way the money raised by the issue is used
VCM15000 onwardsThe nature of the company invested in
VCM17000 onwardsQualifying trades

If you want to look at the rules of one particular scheme, go to the following sections of the manual:

VCM20000 onwardsEnterprise Investment Scheme (EIS)
VCM45000 onwardsRelief for capital losses (VC loss relief)
VCM50000 onwardsCorporate Venturing Scheme (CVS)
VCM62000 onwardsVenture Capital Trust (VCT) scheme

Again, each section of the manual starts with its own table of contents.

If you want to look at the EIS only, VCM20010 explains the arrangement of the sections dealing with the scheme.