Other reliefs for companies include the following.

Land remediation relief – see ¶32010.

The corporate venturing scheme. This is similar to the Enterprise Investment Scheme (EIS) for individuals. It allows a company buying shares in a qualifying company to claim a deduction equal to 20% of the amount subscribed. See FA 2000, s. 63 and Sch. 15 and 16.

Relief for employee share acquisition schemes. This enables the company to claim a deduction for the cost of certain share schemes.

Payments and donations to charity – see ¶32020.

Want to read more?

This content requires a Croner-i Tax and Accounting subscription.

Existing subscriber? Log in

No subscription?

Contact us to discuss your requirements.