VCM55000 - VCT: VCT qualifying holdings: contents


VCM55010 Introduction
VCM55020 Overview of requirements
VCM55030 UK permanent establishment requirement
VCM55040 Meaning of ‘permanent establishment’
VCM55050 Financial health requirement
VCM55060 Maximum qualifying investment
VCM55070 Guaranteed loans
VCM55080 Proportion of eligible shares (10% minimum equity) requirement
VCM55090 Trading requirement
VCM55100 Meaning of ‘qualifying trade’
VCM55110 Carrying on of a qualifying activity
VCM55120 Ceasing to meet requirements because of administration or receivership
VCM55130 Maximum amount to be raised annually through risk capital measures
VCM55140 Spending of SEIS money
VCM55150 Employment of money raised
VCM55160 Company using the money
VCM55170 Meaning of ‘qualifying 90% subsidiary’
VCM55180 Unquoted status requirement
VCM55190 Control requirement
VCM55200 Independence requirement
VCM55210 Meaning of ‘control’
VCM55220 Meaning of ‘relevant fixed rate preference shares’
VCM55230 Meaning of ‘connected’
VCM55240 Gross assets test
VCM55250 Employee numbers test
VCM55260 Qualifying subsidiaries requirement
VCM55270 Property managing subsidiaries requirement
VCM55280 No disqualifying arrangements requirement
VCM55290 Exchange for shares in new holding company
VCM55300 Effect of conversion
VCM55310 Effect of reorganisation
VCM55320 Exchange of shares or securities for shares or securities in the same company
VCM55330 Exchange of shares or securities for shares or securities in another company
VCM55340 Scheme of reconstruction involving issue of shares or securities
VCM55350 Company reconstructions and reorganisations: definition of ‘fully tradeable’
VCM55360 Requests for advance assurances: overview
VCM55370 Requests for advance assurances: information needed
VCM55380 Requests for advance assurances: dealing with requests
VCM55390 Requests for advance assurances: where we will not be bound by an assurance given
VCM55400 Requests for advance assurances: circumstances where HMRC will not give an advance assurance
VCM55410 Requests for advance assurances: responding to requests
VCM55420 Examination of accounts
VCM55430 Information powers
VCM55440 Liaison with CTIAA