Schedule 18 | Venture capital trusts: amendments

From legislation.gov.uk

Part IReduction of applicable periods

Relief from income tax

(1)Repealed^F1

Deferred CGT charge on reinvestment

(2)In Schedule 5C to the Taxation of Chargeable Gains Act 1992 (venture capital trusts: deferred charge on re-investment), in paragraph 3(2), in the definition of “the relevant period" for “five" substitute “ three ”.

Commencement

(3)The amendments made by this Part of this Schedule have effect in relation to shares issued on or after 6th April 2000.

Part IIQualifying holdings^F2

Introductory^F2

(4)Repealed^F2

Qualifying trade: receipt of royalties or licence fees^F2

(5)Repealed^F2

Meaning of “research and development"^F2

(6)Repealed^F2

Company in administration or receivership^F2

(7)Repealed^F2

Company reorganisations et ceteralaetc. involving exchange of shares^F2

(8)Repealed^F2

Part IReduction of applicable periods

Relief from income tax

Deferred CGT charge on reinvestment

Commencement

Part IIQualifying holdingsF2

IntroductoryF2

Qualifying trade: receipt of royalties or licence feesF2

Meaning of “research and development"F2

Company in administration or receivershipF2

Company reorganisations et ceteralaetc. involving exchange of sharesF2