SolvedVCM75300 | Share Loss Relief: individual and corporate claimants: individual claimants: more complex cases
From HM Revenue & Customs · Venture Capital Schemes Manual
VCM75230 - VCM75290 deal with simple cases in which shares were acquired and disposed of in single transactions with no events in the interim which could complicate the position. VCM75310 - VCM75500 explain how events which might take place whilst the shares are held complicate the determination of the availability of Share Loss Relief and the amount of relief due.
| transfers of shares before disposal | VCM75310 |
|---|---|
| inherited shares | VCM75320 |
| bonus shares | VCM75330 |
| shares received under rights issues | VCM75340 |
| shares received in exchange for other shares in a take-over | VCM75350+ |
| shares received in other reconstructions | VCM75380 |
| disposals of new shares (general case) | VCM75390 |
| mixed holdings and part disposals | VCM75410 - VCM75490 |
VCM75390 also gives a brief explanation of the terms ‘bonus issue’, ‘rights issue’, conversion or amendment of a class of share, ‘share-for-share exchange’ and ‘demerger’.