CTA2010/Part 7/Chapter 5/S251; ITA/s368

Where

an investor has more than one investment in a community development finance institution (CDFI) for which the investor has obtained relief under the CITR scheme, and

value is received within the periods of restriction of more than one investment

then the amount of value received is allocated across the various investments in a manner that reflects the relative sizes of those investments.

The amount of value received that is attributable to each investment is calculated by multiplying the total amount of value received by the fraction

A ÷ B

where

A is the ‘appropriate amount’ of the investment, and
B is the aggregate of the appropriate amounts of the other investment(s)

The appropriate amount for each type of investment is determined as follows.

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