Section 16

Commencement Date

Amendments made by para. 1 to 9 come into force and have effect as follows:

(a)the amendments made by para. 1, 2, 5 and 6 have effect for shares issued on or after 6 April 2018; and

(b)the amendments made by para. 3, 4 and 7 to 9 have effect for investments made on or after 6 April 2018.

(SI 2018/931, reg. 3).


1(1)  Section 158 of ITA 2007 (form and amount of EIS relief) is amended as follows.

1(2)  In subsection (2)(a), after “EIS relief” insert “(qualifying shares)”.

1(3)  In subsection (2)(b), for “£1 million” substitute “the allowable amount”.

Need help? Get subscribed!

To subscribe to this content, simply call 0800 231 5199

We can create a package that’s catered to your individual needs.

Or book a demo to see this product in action.