Relief is withdrawn (and tax becomes chargeable) where:

a disqualifying event occurs with respect to the purchasing charity within three years of the effective date of the transaction or in pursuance of, or in connection with, arrangements made before the end of that period; and

at the time of the disqualifying event the purchasing charity holds a chargeable interest that was acquired by the purchasing charity under the relieved transaction or which is derived from an interest so acquired.

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.