– see also Enterprise investment scheme (EIS); Enterprise investment scheme relief

Adjustments of capital gains tax assessments

Commentary – Tax Reporter ¶568-250

Allowable losses

Commentary – Tax Reporter ¶568-200

Appeals

Legislation/Regulatory – TMA70 s. 47B

Bonus issues

Commentary – Tax Reporter ¶568-250

Chargeable gains

Generally

Commentary – Tax Reporter ¶568-200
Legislation/Regulatory – TCGA92 s. 150
HMRC Guidance – CG12610 ; CG56900 ; CG56925 ; CG56935 ; CG56939 ; CG56946

Identification of securities

Commentary – Tax Reporter ¶558-050

Connected persons, qualifying conditions

Case Law – Cook (HM Inspector of Taxes) v Billings & Ors. [1999] BTC 220 ; Cook (HM Inspector of Taxes) v Billings & Ors. [2001] BTC 3 ; Wild v. Cannavan (HM Inspector of Taxes). [1997] BTC 382

Eligibility for relief, relevant period

Case Law – Wild v Cannavan (HM Inspector of Taxes). [1996] BTC 334

Identification of securities

Commentary – Tax Reporter ¶558-050 ; Tax Reporter ¶568-250

Loans to investors

Legislation/Regulatory – SP 6/98

Losses in shares, indexation allowance

Case Law – Quinn (HM Inspector of Taxes) v. Cooper. [1998] BTC 266

Merger of enterprise investment scheme and business expansion scheme companies

Commentary – Tax Reporter ¶568-250

Rights issues

Commentary – Tax Reporter ¶568-250

Shares issued

Consideration for real property

Case Law – Thompson (HM Inspector of Taxes) v Hart. [2000] BTC 151

When allotted

Case Law – National Westminster Bank plc & Anor v. Inland Revenue Commissioners; Barclays Bank plc & Anor v. Inland Revenue Commissioners. [1994] BTC 236 ; National Westminster Bank plc & Anor v. Inland Revenue Commissioners; Barclays Bank plc & Anor v. Inland Revenue Commissioners. [1994] BTC 28 ; National Westminster Bank plc & Anor v. Inland Revenue Commissioners; Barclays Bank plc & Anor v. Inland Revenue Commissioners. [1993] BTC 367

Withdrawal of relief

Case Law – Fletcher (HM Inspector of Taxes) v Thompson & Anor. [2002] BTC 371