Section 150G

History

Sch. 5BB inserted by FA 2012, s. 38 and Sch. 6, para. 5, with effect from 17 July 2012.


SEIS RE-INVESTMENT RELIEF

Related Commentary  Related HMRC Manuals

1(1)  Sub-paragraph (5) applies where conditions A to C are met in relation to an individual (“the investor”).

1(2)  Condition A is that–

(a)there would (ignoring sub-paragraphs (5) and (6)) be a chargeable gain (“the original gain”) accruing to the investor at any time in the tax year 2012–13 or any subsequent tax year (the year in question being referred to in this Schedule as “the relevant year”), and

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.