VCM62540 - Venture capital trust (VCT) scheme: Qualifying holdings: Liaison with CT&VAT

A VCT has to make a return to the Small Company Enterprise Centre dealing with its accounts of all investments which it believes to be qualifying holdings (see VCM62110).

If you discover that a holding which originally qualified has ceased to do so - for example, because of a change in the nature of the trade - you should send a report to CT&VAT.