VCM66010 - VCT: disposal relief: introduction
These instructions deal with the CGT reliefs available to individual investors in VCTs. References to shares mean new eligible or ordinary shares in a VCT as required by the context. The instructions assume that the VCT was approved at the time the taxpayer acquired the shares unless the context otherwise requires it, see for example VCM66900. The layout of the instructions is as follows:
