Related Commentary  Related HMRC Manuals

809VC(1)  For the purposes of section 809VA, a person makes an investment if–

(a)shares in a company are issued to or acquired by the person, or

(b)the person makes a loan (secured or unsecured) to a company.

809VC(2)  The company is referred to as “the target company”.

809VC(3)  The shares or the person's rights under the loan (or both) forming the subject of the investment are referred to as “the holding”.

809VC(4)  The investment counts as a “qualifying investment” if conditions A and B are met when the investment is made.

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