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Contents

Official guidance
Venture Capital Schemes Manual

VCM23000 · EIS: deferral relief: shares issued on or after 6 April 1998

  • VCM23010 · Introduction and qualifying gains
  • VCM23020 · Qualifying investments
  • VCM23030 · Qualifying time
  • VCM23040 · Qualifying investors
  • VCM23050 · Qualifying company
  • VCM23060 · Eligible shares
  • VCM23070 · Meaning of termination date
  • VCM23080 · How deferral relief is allowed
  • VCM23090 · Time limit for claim
  • VCM23100 · Postponement application
  • VCM23110 · When is the deferred gain brought back into charge?
  • VCM23120 · When is the deferred gain brought back into charge: shareholder becomes non-resident
  • VCM23130 · When is the deferred gain brought back into charge: death
  • VCM23140 · When is deferred gain brought back into charge: tranche size exceeded
  • VCM23150 · How much of the deferred gain becomes assessable?
  • VCM23160 · Identification of disposals
  • VCM23170 · Identification of disposals: examples
  • VCM23180 · Losses
  • VCM23190 · Who is assessable?
  • VCM23200 · Claims procedure
  • VCM23210 · Individual clearance request
  • VCM23220 · Share reorganisation
  • VCM23230 · Share exchanges
  • VCM23240 · Meaning of corresponding description
  • VCM23250 · Share exchanges: example
  • VCM23260 · Reinvestment in the same company
  • VCM23270 · Pre-arranged exits
  • VCM23280 · VCM: EIS: deferral relief: shares issued on or after 6 April 1998: put and call options
  • VCM23290 · Meaning of relevant period
  • VCM23300 · Value received by investor
  • VCM23310 · Length of period
  • VCM23320 · Meaning of receiving value and amount of value received
  • VCM23330 · Meaning of ordinary trade debt
  • VCM23340 · Meaning of qualifying payment
  • VCM23350 · Qualifying benefits
  • VCM23360 · Indirect receipt by investor
  • VCM23370 · Meaning of associate
  • VCM23380 · Receipts of insignificant value
  • VCM23390 · Receipts of insignificant value: examples
  • VCM23400 · Replacement value: receipt of
  • VCM23410 · Replacement value: meaning of qualifying receipt
  • VCM23420 · Replacement value: amount of
  • VCM23430 · Replacement value: indirect receipt of
  • VCM23440 · Value received by another person
  • VCM23450 · Return of value to be disregarded
  • VCM23460 · Value received by another person: insignificant amounts
  • VCM23470 · Investment-linked loans
  • VCM23480 · Information requirements
  • VCM23490 · Inspector's power to require information
  • VCM23500 · Procedure where relief is no longer due
  • VCM23510 · Trustees
  • VCM23520 · Trustees: basis of restriction
  • VCM23530 · Trustees: examples
  • VCM23540 · Trustees: anti-avoidance
  1. EIS: deferral relief: shares issued on or after 6 April 1998: contents
  2. EIS: deferral relief: shares issued on or after 6 April 1998: replacement value: indirect receipt of

VCM23430 | EIS: deferral relief: shares issued on or after 6 April 1998: replacement value: indirect receipt of

From HM Revenue & Customs · Venture Capital Schemes Manual

TCGA92/SCH5B/PARA13B (7)

The original recipient receives replacement value if a payment is made to that person indirectly or to his order or for his benefit.

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