Section 257A | Meaning of “SEIS relief” and commencement

(1)This Part provides for SEIS income tax relief (“SEIS relief”), that is, entitlement to tax reductions in respect of amounts subscribed by individuals for shares in companies carrying on new businesses.

(2)In this Part “SEIS” stands for the seed enterprise investment scheme.

(3)This Part has effect in relation to shares issued on or after 6 April 2012 only.

(4)Repealed