[3 August 2000]

1. Location of activity

The provisions for–

the Enterprise Investment Scheme;

Venture Capital Trusts;

the Corporate Venturing Scheme;

Enterprise Management Incentives; and

capital gains tax Reinvestment Relief (which is not available for investments made after 5 April 1998)

each include the requirement that a company’s trade should, at a certain time or for a certain period, be ‘carried on wholly or mainly in the United Kingdom’. This Statement explains the way in which HM Revenue and Customs applies this condition in those contexts.

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.