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Contents

Official guidance
Remittance Basis and Domicile Manual

RDRM34300 · Remittance Basis: Exemptions: Business Investment Relief

  • RDRM34310 · An Introduction
  • RDRM34320 · Relevant Events
  • RDRM34330 · Qualifying investments - overview
  • RDRM34340 · Qualifying investments - condition A overview (s809VD ITA2007)
  • RDRM34345 · Condition A - Eligible Trading Company (s809VD(2) ITA2007)
  • RDRM34350 · Condition A - eligible stakeholder company (s809VD(3) ITA2007)
  • RDRM34355 · Condition A - eligible holding company (s809VD(5) ITA2007)
  • RDRM34358 · Remittance basis: Exemptions: Business investment relief Condition A: eligible hybrid company
  • RDRM34360 · Qualifying investments - condition B (s809VF ITA2007)
  • RDRM34370 · Failure to invest within 45 days (s809VB ITA2007)
  • RDRM34380 · Claiming business investment relief
  • RDRM34385 · Interaction of business investment relief with Enterprise Investment Scheme (EIS) and Seed Enterprise Investment Scheme (SEIS)
  • RDRM34390 · Potentially chargeable events - overview
  • RDRM34400 · Potentially chargeable events - disposal of all or part of a holding (s809VD ITA2007)
  • RDRM34410 · Potentially chargeable events - ceasing to be an eligible company
  • RDRM34420 · Potentially chargeable events - the extraction of value rule
  • RDRM34430 · Potentially chargeable events - 5 year and 2-year start-up rule
  • RDRM34440 · Appropriate mitigation steps
  • RDRM34450 · Disposal proceeds
  • RDRM34460 · Taking proceeds offshore or investing them
  • RDRM34470 · Amount of foreign income or gains remitted
  • RDRM34480 · Grace periods
  • RDRM34490 · Extension of the grace period
  • RDRM34500 · Certificates of tax deposit (CTD)
  • RDRM34510 · CTD - amount that can be deposited
  • RDRM34520 · Certificate of Tax Deposit (CTD) - conditions
  • RDRM34530 · Order of disposals: Multiple qualifying investments
  • RDRM34535 · Order of disposals: Qualifying and non-qualifying investments
  • RDRM34540 · Mixed funds
  • RDRM34550 · Record keeping
  1. Remittance Basis: Exemptions: Business Investment Relief: Contents
  2. Remittance Basis: Exemptions: Business investment relief: Interaction of business investment relief with Enterprise Investment Scheme (EIS) and Seed Enterprise Investment Scheme (SEIS)

RDRM34385 | Remittance Basis: Exemptions: Business investment relief: Interaction of business investment relief with Enterprise Investment Scheme (EIS) and Seed Enterprise Investment Scheme (SEIS)

From HM Revenue & Customs · Remittance Basis and Domicile Manual

If an individual claims business investment relief, there is nothing to prevent that individual from claiming either EIS or SEIS relief on the investment; provided that the qualifying criteria for all the schemes are met.

More detail on these schemes and their qualifying conditions can be found in the Venture Capital Schemes Manual (VCM);

  • for EIS see VCM10000 onwards

  • for SEIS see VCM30000 onwards.

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