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Contents

Official guidance
Venture Capital Schemes Manual

VCM20000 · EIS: disposal relief

  • VCM20010 · Introduction
  • VCM20020 · CGT exemption
  • VCM20030 · CGT exemption restricted
  • VCM20040 · Income Tax relief restricted
  • VCM20050 · Example
  • VCM20060 · Investor’s income tax liability reduced to nil
  • VCM20070 · Income tax relief reduced
  • VCM20080 · TCGA92/S150B(2): example
  • VCM20090 · TCGA92/S150B(3): example
  • VCM20100 · Losses
  • VCM20110 · Losses: example
  • VCM20120 · Part-disposal: example
  • VCM20130 · Income tax relief for capital losses
  • VCM20140 · Identification of disposals
  • VCM20150 · Share reorganisation
  • VCM20160 · Bonus issues
  • VCM20170 · Mixed holdings
  • VCM20180 · Rights issues
  • VCM20190 · Share exchanges
  • VCM20200 · Share exchanges: examples
  1. EIS: disposal relief: contents
  2. EIS: disposal relief: CGT exemption restricted

VCM20030 | EIS: disposal relief: CGT exemption restricted

From HM Revenue & Customs · Venture Capital Schemes Manual

The exemption may be restricted if:

  • Income Tax relief is not given on the full amount of the subscription for EIS shares, see VCM20040, or

  • the amount of the Income Tax relief is reduced, or is withdrawn in full, see VCM20040.

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