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Contents

Official guidance
Venture Capital Schemes Manual

VCM55000 · VCT: VCT qualifying holdings

  • VCM55010 · Introduction
  • VCM55020 · Overview of requirements
  • VCM55030 · UK permanent establishment requirement
  • VCM55040 · Meaning of 'permanent establishment'
  • VCM55050 · Financial health requirement
  • VCM55060 · Maximum qualifying investment
  • VCM55070 · Guaranteed loans
  • VCM55080 · Proportion of eligible shares (10% minimum equity) requirement
  • VCM55090 · Trading requirement
  • VCM55100 · Meaning of ‘qualifying trade’
  • VCM55110 · Carrying on of a qualifying activity
  • VCM55120 · Ceasing to meet requirements because of administration or receivership
  • VCM55130 · Amount raised through risk finance investments requirement: overview
  • VCM55131 · Amount raised through risk finance investments requirement: maximum amount raised annually
  • VCM55132 · VCT qualifying holdings: amount raised through risk finance investments requirement: maximum amount raised in the company’s lifetime
  • VCM55140 · Spending of SEIS money
  • VCM55150 · Employment of money raised
  • VCM55160 · Company using the money
  • VCM55170 · Meaning of 'qualifying 90% subsidiary'
  • VCM55175 · VCT: VCT qualifying holding: permitted company age
  • VCM55180 · Unquoted status requirement
  • VCM55190 · Control requirement
  • VCM55200 · Independence requirement
  • VCM55210 · Meaning of ‘control’
  • VCM55220 · Meaning of ‘relevant fixed rate preference shares’
  • VCM55230 · Meaning of ‘connected’
  • VCM55240 · Gross assets test
  • VCM55250 · Employee numbers requirement
  • VCM55255 · Proportion of skilled employees
  • VCM55260 · Qualifying subsidiaries requirement
  • VCM55270 · Property managing subsidiaries requirement
  • VCM55280 · No disqualifying arrangements requirement
  • VCM55290 · Exchange for shares in new holding company
  • VCM55300 · Effect of conversion
  • VCM55310 · Effect of reorganisation
  • VCM55320 · Exchange of shares or securities for shares or securities in the same company
  • VCM55330 · Exchange of shares or securities for shares or securities in another company
  • VCM55340 · Scheme of reconstruction involving issue of shares or securities
  • VCM55350 · Company reconstructions and reorganisations: definition of ‘fully tradeable’
  • VCM55355 · Meaning of 'knowledge-intensive company'
  • VCM55420 · Examination of accounts
  • VCM55430 · Information powers
  • VCM55440 · Liaison with CTIAA
  • VCM55360 · Requests for advance assurances: overview
  • VCM55380 · Requests for advance assurance: dealing with applications
  • VCM55390 · Requests for advance assurance: where HMRC will not be bound by an assurance given
  • VCM55400 · Requests for advance assurances: circumstances where HMRC will not give an advance assurance
  1. VCT: VCT qualifying holdings: contents
  2. VCT: VCT qualifying holdings: requests for advance assurance: where HMRC will not be bound by an assurance given

VCM55390 | VCT: VCT qualifying holdings: requests for advance assurance: where HMRC will not be bound by an assurance given

From HM Revenue & Customs · Venture Capital Schemes Manual

VCT qualifying holdings advance assurance guidance moved to VCM60400+

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