VCM60130 - VCT scheme: general: approval: the nature of income condition
ITA/S274(2) and S276
HMRC will regard a VCT's income as being derived wholly or mainly from shares or securities where at least 70% of its income is derived from these sources.
HMRC will regard a VCT's income as being derived wholly or mainly from shares or securities where at least 70% of its income is derived from these sources.
