Related Commentary  Related HMRC Manuals

195(1)  For the purposes of sections 188 to 194 (relief for contributions) references to contributions paid by an individual include contributions made in the form of the transfer by the individual of eligible shares in a company within the permitted period.

195(2)  For the purposes of those sections the amount of a contribution made by way of a transfer of shares is the market value of the shares at the date of the transfer.

195(3)  “Eligible shares” , in relation to a contribution made by an individual, means shares–

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