| 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 |
