VCM - Recent changes to this Manual
Below are details of the amendments that were published on 15
September 2005 (see the
update index for all updates).
Please note that updates are made to the Internet copy of
manuals a week or so after they are made to the version on the
Inland Revenue internal Intranet.
| Section | Title and details of the update |
| VCM20000 | EIS: general: contents.
Heading of VCM21090 changed |
| VCM21090 | EIS: general: procedure:
action in office dealing with the company on receiving form EIS3 or
EIS3 (Internal).
Revised to account for abolition of form EIS4. |
| VCM21510 | EIS: general: investment
funds: approval of.
Contact details in final paragraph updated. |
| VCM25130 | EIS: income tax relief:
connection with the company: exception to 30% tests.
Word ‘shareholding’ added after 30% in first line. |
| VCM25500 | EIS: income tax relief:
claiming relief: action after receipt.
First paragraph revised to account for abolition of form EIS4. |
| VCM26050 | EIS: income tax relief:
transfers between spouses.
Words ‘for all the purposes of the income tax relief’ deleted from second sentence beginning ‘following…….’ |
| VCM26320 | EIS: income tax relief:
value received: circumstances and amount.
Corrections to both sides of (xi) in table. |
| VCM30000 | EIS: disposal relief:
contents.
VCM31900 deleted from table of contents. |
| VCM31900 | EIS disposal relief:
report to Analysis & Research.
Abolished following withdrawal of form EIS11. |
| VCM36400 | EIS: deferral relief:
shares issued before 6 April 1998: procedure for claims: report to
Analysis & Research.
Changed from Appendix 8 to Appendix 6 of CG Manual. |
| VCM38400 | EIS: deferral relief:
shares issued on or after 6 April 1998: losses.
Final paragraph requiring a report on form EIS11 deleted. |
| VCM38500 | EIS: deferral relief:
shares issued on or after 6 April 1998: claims procedure.
Last two paragraphs revised to account for abolition of form EIS4. |
| VCM38600 | EIS: deferral relief:
shares issued on or after 6 April 1998: report to Analysis &
Research.
Changed from Appendix 8 to Appendix 6 of CG Manual. |
| VCM40850 | EIS: deferral relief:
shares issued on or after 6 April 1998: investment linked loans.
Final paragraph revised to reflect withdrawal of leaflet IR131. |
| VCM68830 | VCT: deferral relief:
statistical report.
Changed from Appendix 8 to Appendix 6 of CG Manual. |
| VCM69580 | VCT: mergers: valuation
of successor company's investments.
Last paragraph of example 1 expanded for clarification. |
