Amount of

Bonus issues

Cap on income tax relief

Chargeable gains

Claims for

Company reconstructions, disapplication

Disposals of new shares

Eligibility conditions

Entitlement to claim

How relief works

Interpretation

Investment companies

Limit on deduction if accounting period falls partly within 12 month period

Limits on

Mixed holdings

Disposal of shares forming part of

Identification of shares

Mixed holdings, limit on relief and identification rules

Non-enterprise investment scheme shares

Exchange of shares for shares in another company

Qualifying trading company

Subscription requirement

Overview

Qualifying shares

Bonus issues

Disposal out of share pools

Exchange of shares for shares in another company

Limit on relief and identification rules for mixed holdings

Mixed holdings

Share exchanges

Spouses and civil partners

Qualifying trading companies

Company in administration, meaning

Control and independence requirement

Corresponding bonus shares

Exchange of shares for shares in another company

Excluded activities

Gross assets requirement

Interpretation

Leasing ships, excluded activities

Meaning

Power to amend requirements by Treasury order

Property managing subsidiaries requirement

Provision of services or facilities for another business, excluded activities

Qualifying subsidiaries requirement

Qualifying subsidiaries, meaning

Royalties and licence receipts, excluded activities

Substitution of new shares for old shares

Time of issue of corresponding bonus shares

Trading requirement

Unquoted status requirement

Wholesale and retail distribution, excluded activities

Qualifying trading companies (EIS relief not attributable)

Administration or receivership, ceasing to meet trading requirement

Control and independence requirement

Deemed time of issue of shares

Disposals of new shares

Exchange of shares for shares in another company

Generally

Gross assets requirement

Interpretations

Power to amend requirements

Property managing subsidiaries requirement

Qualifying subsidiaries requirement

Subscriptions for shares

Substitution of new shares for old shares

Time of issue of shares

Trading requirement

Unquoted status requirement

Qualifying trading company

Control and independence requirement

Earlier years' rules

Excluded company

General rules

Generally

Gross assets requirement

Investment company

Other requirements

Post-5 April 1998

Pre-6 April 1998

Property managing subsidiaries requirement

Qualifying subsidiaries requirement

Terms and requirements, meaning of

Trading company, meaning

Trading requirement

UK business requirement

Unquoted status requirement

Relief against income

Share exchanges

Specified disposals

Spouses and civil partners

Subscription for shares

Unlisted shares in trading companies

Cap on tax relief introduced by Finance Act 2013

Claims and interactions

Claims for relief

Conditions for relief

Exchanges and reconstructions

Generally

How the relief works

Legislation

Qualifying shares

Value shifting and limits on relief