|Suitable for||Tax advisers, Investors|
Venture Capital Schemes
This title offers a clear explanation of the four types of venture capital relief (listed below). In each case, the author looks at the range of tax incentives offered by the legislation, including (as appropriate) income tax reliefs, CGT exemptions, CGT deferrals, and relief for losses incurred.
In relation to each scheme, the conditions for relief are examined in detail and are illustrated with helpful examples. Complicating factors are addressed as required, for example where an individual is connected in some way with the company or where tax relief has to be clawed back because the company ceases to meet the qualifying conditions.
"A comprehensive guide to the tax rules for the four venture capital schemes. ... I would certainly recommend it." – TAXline
Andrew Rainford BA (Hons), ATT, CTA is the editor in chief of Tax for Professionals (Indicator-FL Memo). Read more here.
- EIS (income tax, CGT disposal, CGT deferral);
- venture capital trusts (income tax and CGT disposal reliefs);
- Seed EIS (income tax, CGT disposal, CGT deferral);
- Social investment tax relief (conditions, withdrawal of relief, CGT reliefs).