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Contents

Official guidance
Venture Capital Schemes Manual

VCM90100 · CVS: general

  • VCM90110 · Introduction
  • VCM90120 · The shares
  • VCM90130 · Employment of money raised
  • VCM90140 · Employment of money raised: time limits
  • VCM90150 · Issuing arrangements
  • VCM90160 · Purpose of issuing shares has to be commercial
  • VCM90170 · Qualifying issuing companies: qualification period
  • VCM90180 · Qualifying issuing companies: to be unquoted
  • VCM90190 · Qualifying issuing companies: to be independent
  • VCM90200 · Qualifying issuing companies - independent individuals rule
  • VCM90210 · Qualifying issuing companies: partnerships and joint ventures
  • VCM90220 · Qualifying issuing companies: qualifying subsidiaries
  • VCM90230 · Qualifying issuing companies: gross assets
  • VCM90240 · Qualifying issuing companies: restrictions on amount raised
  • VCM90250 · Qualifying issuing companies: restrictions on numbers of employees
  • VCM90260 · Qualifying issuing companies: trading activities requirement
  • VCM90270 · Qualifying issuing companies: liquidation and receivership
  • VCM90280 · Qualifying issuing companies: qualifying trades
  1. CVS: general: contents
  2. CVS: general: qualifying issuing companies: restrictions on amount raised

VCM90240 | CVS: general: qualifying issuing companies: restrictions on amount raised

From HM Revenue & Customs · Venture Capital Schemes Manual

FA00/SCH15/PARA35A

From 19 July 2007 there are restrictions on how much a company can raise from the three venture capital schemes - the CVS, the Enterprise Investment Scheme (EIS) and Venture Capital Trusts (VCTs) - in a 12 month period.

See VCM12030 for details, and how this restriction operates.

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