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Legislation
Income Tax Act 2007

Crossheading Conditions relating to the social enterprise: general

  • Section 257M The continuing to be a social enterprise requirement
  • Section 257MA The amount raised from investments potentially eligible for relief
  • Section 257MB Power to amend limits on amounts raised
  • Section 257MC The gross assets requirement
  • Section 257MD The unquoted status requirement
  • Section 257ME The control and independence requirements
  • Section 257MF The qualifying subsidiaries requirement
  • Section 257MG The property-managing subsidiaries requirement
  • Section 257MH The number of employees requirement
  • Section 257MI The no partnership requirement
  • Section 257MIA The financial health requirement
  • Section 257MJ The trading requirement
  • Section 257MK Ceasing to meet trading requirement: administration or receivership
  • Section 257ML The issue must be to raise money for chosen trade or preparing for it
  • Section 257MM Requirement to use money raised and to trade for minimum period
  • Section 257MN The social enterprise must carry on the chosen trade
  1. Income Tax Act 2007
  2. /
  3. /Conditions relating to the social enterprise: general

Section 257M | The continuing to be a social enterprise requirement

From legislation.gov.uk

16 September 2026

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The social enterprise must be a social enterprise throughout the shorter applicable period.F1

Notes

  1. F1

    Pt. 5B inserted (17.7.2014) by Finance Act 2014 (c. 26), Sch. 11 para. 1

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