Venture Capital Tax Reliefs: Third Edition

ISBN-13: 9781526502452 / Angielski / Miękka / 2018 / 272 str.

David Brookes

Opis

The third edition of Venture Capital Tax Reliefs provides an overview of the major investment schemes effecting capital tax reliefs, including the Enterprise Investment Scheme (EIS), Seed Enterprise Investment Scheme (SEIS), and Venture Capital Trusts (VCTs). It gives an overview of these schemes, outlines the investment reliefs available and how they work, as well as the qualifying conditions which must be met by investors. The book also guides the reader through the process of reducing or withdrawing from the reliefs, as well as advising how to defer reliefs or dispose of the investment. There have been several major changes since the last edition in 2011, particularly due to changes imposed on the schemes by EU State aid regulations. The third edition covers the introduction of the Seed Enterprise Investment Scheme (SEIS). Initially this was brought in as a temporary scheme in 2012 but was made permanent in 2014. SEIS is very popular, particularly with new companies, which are often advised by the type of smaller accountancy firm that this book will appeal to. Subject: Tax Law]

Spis treści

1: Introduction 2: Qualifying investors 3: Qualifying shares 4: General requirements 5: Qualifying companies 6: Excluded activities 7: The control and independence requirements and subsidiaries 8: Knowledge intensive companies 9: Company reorganisations and share for share exchanges 10: VCT tax reliefs 11: EIS tax reliefs 12: EIS deferral relief 13: SEIS income tax relief 14: The risk to capital condition 15: Receipt of value – SEIS and EIS 16: Claims, approvals and clearances 17: Share loss relief