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Updates: Venture Capital Schemes Manual

2024

26 April 2024 published amendments

Share Loss Relief: individual and corporate claimants: individual claimants: more complex cases: mixed holdings and part disposals: limiting share loss relief: second case

The figures included in the example have now been corrected and a sentence accidentally duplicated at the end of the penultimate paragraph has been removed

22 April 2024 published amendments

2023

14 July 2023 published amendments

SEIS: income tax relief: issuing company: gross assets requirement

SEIS limits amended in line with Spring Budget 2023

22 May 2023 published amendments

VCT: investor CG disposal relief: share pooling: example

Minor formatting update for accessibility

5 April 2023 published amendments

2022

27 October 2022 published amendments

Venture Capital Schemes Manual: venture capital schemes: advance assurance requests: overview

The old i-form application and download and email approach under the EIS, SEIS and VCT has been replaced by an online G-Form for advance assurance application.

Venture Capital Schemes Manual: venture capital schemes: advance assurance requests: where to send an application for advance assurance

Social Investment Tax Relief applications for an advance assurance, including all necessary attachments, must be sent to the Venture Capital Reliefs (VCR) Team

Venture Capital Schemes Manual: venture capital schemes:the Enterprise Investment scheme: advance assurance requests: overview

The old i-form application and download and email approach under the EIS, SEIS and VCT has been replaced by an online G-Form for advance assurance application.

Venture Capital Schemes Manual: venture capital schemes: the Enterprise Investment Scheme: advance assurance requests: information needed

The old i-form application and download and email approach under the EIS has been replaced by an online G-Form for advance assurance application.

Venture Capital Schemes Manual: venture capital schemes: the Seed Enterprise Investment Scheme: advance assurance requests: overview

The old i-form application and download and email approach under the SEIS has been replaced by an online G-Form for advance assurance application.

Venture Capital Schemes Manual: venture capital schemes: the Seed Enterprise Investment Scheme: advance assurance requests: information needed

The old i-form application and download and email approach under the SEIS has been replaced by an online G-Form for advance assurance application.

Venture Capital Schemes Manual: venture capital schemes: the Enterprise Investment Scheme: advance assurance requests: EIS advance assurance checklist

Page archived no longer applicable

Venture Capital Schemes Manual: venture capital schemes: the Seed enterprise Investment Scheme: advance assurance requests: SEIS advance assurance checklist

Page archived no longer applicable

Venture Capital Schemes Manual : Venture Capital Trusts qualifying holidings: advance assurance requests: VCT checklist

Page archived no longer applicable

Venture Capital Schemes Manual: the Social Investment Tax Relief: advance assurance requests: SITR advance assurance checklist

Page archived no longer applicable

Venture Capital Schemes Manual : venture capital schemes: advance assurance requests: the Enterprise Investment Scheme: contents

Page VCM60180 archived no longer applicable

Venture Capital Schemes Manual: Venture Capital Trusts qualifying holdings:advance assurance requests: overview

The old i-form application and download and email approach under the VCT has been replaced by an online G-Form for advance assurance application.

10 August 2022 published amendments

16 March 2022 published amendments

Recent changes to this guidance

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Recent changes to this guidance

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Recent changes to this guidance

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Recent changes to this guidance

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Venture Capital Schemes Manual: recent changes

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Recent changes to this guidance

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Venture Capital Schemes: recent changes

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Venture Capital Schemes: recent changes

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Venture Capital Schemes Manual: recent changes

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Venture Capital Schemes Manual: recent changes

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Venture Capital Schemes manual: recent changes

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Venture Capital Schemes Manual: recent changes

Page archived – Old legacy update page no longer required.

Venture Capital Schemes Manual: recent changes

Page archived – Old legacy update page no longer required.

Venture Capital Schemes Manual: recent changes

Page archived – Old legacy update page no longer required.

Venture Capital Schemes Manual: recent changes

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Venture Capital Schemes Manual: recent changes

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vcmupdateindex

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Recent changes to this guidance

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Recent changes to this guidance

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2021

8 April 2021 published amendments

Share loss relief: individual and corporate claimants: individual claimants: type of company invested in: qualifying trading company: condition D: relationship of issuing company to UK

Updated to reflect that condition D was repealed for share disposals made on or after 24 January 2019.

Share Loss Relief: background: statutory history

Updated to reflect that qualifying trading company condition D was repealed for share disposals made on or after 24 January 2019

Share Loss Relief: definitions: A to R

Updated to reflect that qualifying trading company condition D was repealed for disposals made on or after 24 January 2019

Share Loss Relief: individual and corporate claimants: individual claimants: types of qualifying share

Updated to reflect that qualifying trading company Condition D was repealed for share disposals made on or after 24 January 2019

Share Loss Relief: individual and corporate claimants: corporate claimants: other relevant guidance

Updated to remove a broken link and to reflect that qualifying trading company condition D was repealed for share disposals made on or after 24 January 2019

22 March 2021 published amendments

Excluded activities: banking, insurance, money-lending, debt-factoring, hire-purchase financing or other financial activities

Clarifying the guidance relating to excluded activities in Venture Capital Schemes relating to the financial sector.

15 March 2021 published amendments

2020

14 September 2020 published amendments

EIS: income tax relief: supplementary and general: EIS knowledge-intensive approved investment fund as nominee

The Enterprise Investment Scheme Approved Fund is now only for the Enterprise Investment Scheme Knowledge-intensive approved investment fund as nominee.

26 February 2020 published amendments

10 February 2020 published amendments

2019

30 December 2019 published amendments

SEIS: income tax relief: general requirements: contents

New Guidance on advance assurance subscriptions

EIS: income tax relief: general requirements: contents

EIS guidance on advance subscription agreements

27 November 2019 published amendments

SEIS: income tax relief: issuing company: financial health requirement

Updated in line with legislation and EU guidelines

VCT: VCT qualifying holdings: financial health requirement

Bringing the guidance in line with legislation and EU guidelines.

21 November 2019 published amendments

Venture Capital Schemes Manual: venture capital schemes: the Enterprise Investment Scheme: advance assurance requests: information needed

Replaced bullet points of information needed with a link to the EIS Checklist

Venture Capital Schemes Manual: venture capital schemes: the Seed Enterprise Investment Scheme: advance assurance requests: information needed

Bullet list of information needed with advance assurance application replaced with a link to the SEIS Checklist. All links now working.

Venture Capital Schemes Manual: venture capital schemes: the Social Investment Tax Relief: advance assurance requests: information needed

Bullet list of information required replaced by link to the SITR Checklist.

Venture Capital Schemes Manual: Venture Capital Trusts qualifying holdings: advance assurance requests: information needed

Bullet list of information needed replaced with a link to the VCT Checklist.

14 November 2019 published amendments

EIS: deferral relief: shares issued on or after 6 April 1998: claims procedure

Bringing guidance up to date with current legislation.

18 October 2019 published amendments

VCT: VCT qualifying holdings: requests for advance assurances: information needed

VCT qualifying holdings advance assurance guidance moved to VCN60400+

VCT qualifying holdings advance assurance guidance moved to VCM60400+

VCT: VCT qualifying holdings: requests for advance assurance: dealing with applications

VCT qualifying holdings advance assurance guidance moved to VCM60400+

VCT: VCT qualifying holdings: requests for advance assurance: where HMRC will not be bound by an assurance given

VCT qualifying holdings advance assurance guidance moved to VCM60400+

VCT: VCT qualifying holdings: requests for advance assurances: circumstances where HMRC will not give an advance assurance

VCT qualifying holdings advance assurance guidance moved to VCM60400+

VCT: VCT qualifying holdings: requests for advance assurance: responding to applications

VCT qualifying holdings advance assurance guidance moved to VCM60400+

VCT: VCT qualifying holdings: requests for advance assurances: overview

VCT qualifying holdings advance assurance guidance moved to VCM60400+

17 October 2019 published amendments

8 October 2019 published amendments

Venture Capital Schemes Manual: the Enterprise Investment Scheme: income tax relief: company and investor procedures: overview

Guidance has been updated to bring this in line with legislation to FA2018.

Venture Capital Schemes Manual: the Enterprise Investment Scheme: income tax relief: company and investor procedures: statutory process

Bringing the guidance in line with current legislation (FA2018-19)

Venture Capital Schemes Manual: the Enterprise Investment Scheme: income tax relief: company and investor procedures: company procedures: duty of completing the compliance statement

Bringing the guidance in line with current legislation, FA2018-19

Venture Capital Schemes Manual: the Enterprise Investment Scheme: EIS company procedures: company conditions to submit compliance statement

Bringing the guidance in line with current legislation FA2018-19. The advance assurance guidance has been moved to VCM60000+

EIS: income tax relief: company and investor procedures: advance assurance requests: no speculative applications

The content and updated guidance to this page has been moved to VCM60000+

Venture Capital Schemes Manual: the Enterprise Investment Scheme: income tax relief: company procedures: company’s compliance statement

Bringing the guidance in line with current legislation - FA2018-19. The advanced Assurance guidance has now moved to VCM60000+

Venture Capital Schemes Manual: the Enterprise Investment Scheme: income tax relief: company procedures: information needed with the compliance statement

Bringing the guidance in line with current legislation - FA2018-19. Advance assurance guidance has been moved to VCM60000+

Venture Capital Schemes Manual: the Enterprise Investment Scheme: income tax relief: company procedures: HMRC examining compliance statement

Bringing the guidance in line with current legislation - FA2018-19. Advance assurance guidance moved to VCM60000+

Venture Capital Schemes Manual: the Enterprise Investment Scheme: income tax relief: EIS company procedures: compliance statement: examination of post-investment compliance checks

Bringing the guidance in line with the current legislation - FA2018-19. Advance assurance guidance moved to VCM60000+

Venture Capital Schemes Manual: the Enterprise Investment Scheme: income tax relief: company and investor procedures: company procedures: HMRC authorising the issue of compliance certificates EIS3

Bringing the guidance in line with current legislation - FA2018-19.

Venture Capital Schemes Manual: the Enterprise Investment Scheme: income tax relief: company procedures: compliance statement: HMRC refusal to authorise issue of compliance certificates EIS3

Updated the guidance in line with current legislation - FA2018-19

Venture Capital Schemes Manual: the Enterprise Investment Scheme: income tax relief: company procedures: HMRC action on receipt of compliance certificates EIS3

Updating guidance in line with current legislation to FA2018-19

Venture Capital Schemes: the Enterprise Investment Scheme: income tax relief: company procedures: attribution of EIS relief to shares

Updating the guidance in line with current legislation - to FA2018-19

Venture Capital Schemes Manual: the Enterprise Investment Scheme: income tax relief: investor procedures: investor conditions to claim tax reliefs

Updating the guidance in line with current legislation to FA2018-19

Venture Capital Schemes Manual: the Enterprise Investment Scheme: income tax relief: investor procedures: investor claims: the process for investor to claim the tax reliefs

Updating guidance in line with current legislation to FA2018-19

Venture Capital Schemes Manual: the Enterprise Investment Scheme: income tax relief: investor claims: shares treated as acquired in preceding year

Updating guidance in line with current legislation to FA2018-19

Venture Capital Schemes Manual: the Enterprise Investment Scheme: income tax relief: company and investor procedures: investor claims: HMRC examining investors claim for tax reliefs

Updating guidance in line with current legislation to FA2018-19

Venture Capital Schemes Manual: the Enterprise Investment Scheme: income tax relief: company and investor procedures: investor claims: HMRC action after receipt of allowing investor claim

Updating the guidance in line with current legislation to FA2018-19

Venture Capital Schemes Manual: the Enterprise Investment Scheme: income tax relief: company and investor procedures: investor claims: HMRC refusal of investor claim to tax reliefs

Bringing guidance in line with current legislation FA2018-19

Venture Capital Schemes Manual: the Enterprise Investment Scheme: income tax relief: company and investor procedures: obligation to notify HMRC of disqualifying events

Updating the guidance in line with current legislation to FA 2018-19

EIS: income tax relief: company and investor procedures: investor claims: refusal of claims

The content is now in VCM14180

EIS: company and investor procedures: obligation to notify HMRC of disqualifying events

The guidance has been moved to VCM14190

Venture Capital Schemes Manual: the Seed Enterprise Investment Scheme: income tax relief: company and investor procedures: overview

Updating the guidance in line with current legislation changes to FA2018-19

Venture Capital Schemes Manual: the Seed Enterprise Investment Scheme: income tax relief: company and investor procedures: statutory process

Updated this guidance to current legislation to FA2018-19.

Venture Capital Schemes Manual: the Seed Enterprise Investment Scheme: income tax relief: company procedures: company and investor procedures: company procedures: duty of completing the compliance statement

Updated guidance to current legislation to FA2018-19 - AA guidance separated to VCM60000+

Venture Capital Schemes Manual: the Seed Enterprise Investment Scheme: company and investor procedures: company procedures: compliance statement: company conditions to submit compliance statement

Updated guidance in line with current legislation to FA2018-19. AA separated to VCM60000+

SEIS: company and investor procedures: company procedures: advance assurance requests: no speculative applications

Contents moved to VCM60230. updated to FA2018-19

Venture Capital schemes manual: the Seed Enterprise Investment Scheme: company and investor procedures: company procedures: company’s compliance statement form SEIS1

Updating guidance bringing this in line with current legislation to FA2018-19.
Advance Assurance guidance has been moved to VCM60200+

Venture Capital Schemes Manual: the Seed Enterprise Investment Scheme: income tax relief: company and investor procedures: company procedures: HMRC examining the compliance statement SEIS1

Updating the guidance in line with current legislation to FA2018-19.
Advance Assurance guidance has been moved to VCM60200+

Venture Capital Schemes Manual: the Seed Enterprise Investment Scheme: income tax relief: company and investor procedures: company procedure: examination of accounts

Updating the guidance in line with current legislation to FA2018-19.
Advance Assurance guidance has been moved to VCM60200+

Venture Capital Schemes Manual: the Seed Enterprise Investment Scheme: company and investor procedures: company procedures: authorising the issue of certificates SEIS3 to the investors

Updating the guidance in line with the current legislation to FA2018-19.
Advance Assurance guidance guidance has been moved to VCM60200+

Venture Capital Schemes Manual: the Seed Enterprise Investment Scheme: income tax relief: company and investor procedures: company procedures: HMRC refusal to authorise issue of SEIS3

Updating the guidance in line with current legislation to FA2018-19.
Advance Assurance guidance separated to VCM60200+

Venture Capital Schemes Manual: the Seed Enterprise Investment Scheme: company and investor procedures: company procedures: attribution of SEIS relief to shares

Updating the guidance in line with current legislation to FA2018-19.
Advance Assurance guidance separated in VCM60200+

Venture Capital Schemes Manual: company and investor procedures: investor procedures: investor conditions

Guidance brought in line with FA2018-19.

Venture Capital Schemes Manual: the Seed enterprise Investment Scheme: company and investor procedures: the process of investors to claim tax reliefs

Updating the guidance in line with current legislation to FA2018-19.

Venture Capital Schemes Manual: the Seed Enterprise Investment Scheme: company and investor procedures: investor claims: investor claim to shares to be treated as acquired in preceding year

Updating the guidance in line with current legislation to FA2018-19.

Venture Capital Schemes Manual: the Seed Enterprise Investment Scheme: income tax relief: company and investor procedures: investor claims: HMRC examining investors claim for tax reliefs

Updating the guidance in line with current legislation to FA2018-19.

Venture Capital Schemes Manual: the Seed Enterprise Investment Scheme: company and investor procedures: investor claims: HMRC action after receipt of allowing investor claim

Updating guidance in line with current legislation to FA2018-19

Amended title

Venture Capital Schemes Manual: the Seed enterprise Investment Scheme: company and investor procedures: investors claim: HMRC refusal of investor claim to tax relief

Updating guidance in line with current legislation to FA2018-19

Venture Capital Schemes Manual: the Seed Enterprise Investment Scheme: company and investor procedures: obligation to notify HMRC of disqualifying events

Updating the guidance in line with current legislation to FA2018-19

SEIS: company and investor procedures: investor claims: refusal of claims

Guidance now in VCM35160

SEIS: company and investor procedures: obligation to notify HMRC of disqualifying events

Guidance now in VCM35180

SEIS: income tax relief: company and investor procedures: contents

Amendments to the Chapters. Removing all advance assurance guidance to be included in new chapter VCM60000+

26 September 2019 published amendments

Venture Capital Schemes Manual: introduction to the Venture Capital Schemes: contacting HMRC the Venture Capital Reliefs Team by email

Amended the guidance to include a link to contacting the VCR Team by email to complete and submit the email disclaimer template.

19 September 2019 published amendments

SEIS: company and investor procedures: investor claims: action after receipt

Updating the guidance in line with current legislation FA2018-19.

30 July 2019 published amendments

VCT: VCT returns: contents

New page added VCM58085

New page added - how to make a return under Regulation 22 and 22A

added page, review date amended

Venture Capital Trusts: VCT returns: details in the return

Updating the guidance to include all legislative changes to date.

amended review date

VCT returns: Identifying investments funded by different issues of shares

Updating the guidance to include all legislative changes made to VCT Returns

VCT returns: identifying investments funding by different issues of shares: protected money

Bringing the guidance in line with the legislation to date and improving the guidance on mandatory requirements for VCT returns.

VCT returns: identifying investments funding by different issues of shares: completing the return

Updating the guidance to include all legislative changes to date and improving guidance to complete mandatory VCT return.

VCT: VCT returns: identifying investments funded by different issues of shares: further issues

Guidance brought in line with all legislation to date and improving guidance on completing mandatory VCT return.

VCT: VCT returns: identifying investments funding by different issues of shares: record keeping

Bringing the guidance in line with legislation to date and improving the guidance on mandatory requirements for VCT Returns.

VCT: VCT returns: identifying investments funded by different issues of shares: interaction of protected money and further issue

Updated the guidance in line to include all legislative changes to date and improving guidance to complete mandatory VCT return.

Venture Capital Trusts: VCT returns: return of amounts subscribed for eligible shares

Updating the guidance to include all legislative changes to date and improving the guidance to complete mandatory VCT return.

Venture Capital Trusts: VCT returns: return of amounts subscribed for eligible shares: format of return

Updating the guidance to include all legislative changes to date and improving guidance to complete mandatory VCT return.

Venture Capital Trusts: VCT returns: general information and investments

Bringing the guidance in line with the legislation to date and improving the guidance on mandatory requirements for VCT Returns.

30 April 2019 published amendments

EIS: income tax relief: the issuing company: financial health requirement

Guidance updated to reflect 2014 General Block Exemption Regulation

19 March 2019 published amendments

Venture Capital Schemes: risk-to-capital condition: examples of how the condition may apply

Example 3 re-drafted to clarify R2C application to films

Example 3 re-drafted.

26 February 2019 published amendments

3 January 2019 published amendments

EIS: income tax relief: the issuing company: gross assets requirement

Updaing the guidance and correcting the format of content being duplicated on Gov.uk

SEIS: income tax relief: issuing company: gross assets requirement

Accounting practices updated using IFRS practices

VCT: VCT qualifying holdings: gross assets test

Updated accounting practices for IFRS and deleted duplicated text taht apperas on Gov.uk VCM guidance

2018

10 October 2018 published amendments

9 October 2018 published amendments

Introduction to the Venture Capital Schemes manual: improving the Venture Capital Schemes manual

The guidance is outdated and no longer relevant

most of the guidance is outdated and some incorporated in VCM2000

Introduction to the Venture Capital Schemes manual: converting from the old Venture Capital Schemes manual

The guidance has been updated in VCM2000

Most of the guidance is outdated and some incorporated

Venture Capital Schemes: Latest updates in the venture capital scheme manual: What’s new

The guidance is oudated

Guidance improved and brought up to date to include FA2018-19 changes

Introduction to the Venture Capital Schemes Manual: where to find basic guidance on EIS, SEIS and VCT schemes

Guidance has been updated in VCM2000

Introduction to the Venture Capital Schemes Manual: how to use the Venture Capital Schemes Manual

The guidance has been incorporated in VCM2000

Introduction to the Venture Capital Schemes: Overview and background: the Venture Capital Schemes

Guidance improved and updated

Updated content

Bringing the guidance upto dtae to FA2018-19 changes. Improving the custommer jpourney in using the guidance.

Introduction to the Venture Capital Schemes: Overview and background: history of the venture capital schemes

The guidance has been improved and updated to bring it online with vchnages to FA2018

Bringing the guidance in line with FA2018-19 changes

Introduction to the Venture Capital Schemes: Overview and background: the Venture Capital Relief Team

Guidance has been updated and improved to bring it in line toFA2018 changed

Introduction to the Venture Capital Schemes: Overview and background: State aid implications

Improving the VCS Manual to bring it in line with changes upto FA2018

Introduction to the Venture Capital Schemes: Overview and background: feedback on the manual

Improving the guidance, bringing it in line to FA2018 changes

Introduction to the Venture Capital Schemes: Overview and background: changes to the Venture Capital Schemes manual

The guidance has been improved and brought upto date to FA2018 changes

Introduction to the Venture Capital Schemes: Overview and background: abbreviations used

The guidance has been improved to bring the content up to date

Venture Capital Schemes Manual: introduction to the Venture Capital Schemes: contacting HMRC the Venture Capital Reliefs Team by email

Corresponding by email identifying risks and obligations

23 August 2018 published amendments

Venture Capital Schemes: funding limits for investee companies: Overview

Changes made in line iwth the commencement regulations published on 9/8/2018

Changes made in line with commencement regulations made on 9/8/2018.

EIS: income tax relief: general requirements: meaning of 'knowledge-intensive company'

Changes made in line with commencement regulations published on 9/8/2018.

EIS: income tax relief: supplementary and general: contents

Guidance in line with FA2018 changes

VCT: VCT approval: investment limits condition

In line with FA2018 changes

VCT: VCT approval: maintaining approval: where provisional approval given

In line with FA2018 changes

13 August 2018 published amendments

VCT: VCT qualifying holdings: maximum amount to be raised annually through risk finance investments requirements

In line with FA2018 changes

VCT: VCT qualifying holdings: employment of money raised

Guidance in line with FA2018 changes

VCT: VCT qualifying holdings: employee numbers requirement

Guidance in line with FA2018 changes

VCT: VCT qualifying holdings: contents

Guidance update in line with FA2018 changes

VCT: VCT approval: contents

Guidance in line with changes to FA2018, and new pages created

Venture Capital Schemes: risk-to-capital condition: an overview of the risk-to-capital condition

Guidance in line with commencement regulations published on 9/8/2018

10 August 2018 published amendments

Venture Capital Schemes: the changes in detail: knowledge intensive companies: contents

Guidance in line with commencemnt regulations oublished on 9/08/2018

Venture Capital Schemes: changes to the enterprise investment scheme and venture capital trusts rules introduced by Finance Act (No.2) 2015: introduction to the changes

Guidance in line with commencement regulations published 9/8/2018

Venture Capital Schemes: funding limits for investee companies: Overview

The cahnges are in line with the commencement regulations published on 9/8/2018

Venture Capital Schemes: funding limits for investee companies: annual limit on risk finance investments

Guidance in line with the commencement rules published on 9/8/2018

Venture Capital Schemes: companies receiving risk finance investments: the basic age condition: first commercial sale

Guidance in line with the commencement regulations published on 9/8/2018

Venture Capital Schemes: knowledge intensive companies: the operating costs conditions

Guidance in line with the commencement regulations published on 9/8/2018

Venture Capital Schemes: Venture Capital Trusts

Guidance in line with commencement regulaions published on 9/8/2018

Venture Capital Schemes Manual: the Enterprise Investment Scheme: income tax relief: company and investor procedures: company procedures: duty of completing the compliance statement

Guidance in line with commencement regulations published on 9/8/2018.

Excluded activities: shipbuilding

Guidance incorporating all changes upto FA2018 changes

Excluded activities: producing coal

Guidance updated incorporating changes upto FA2018.

Excluded activities: producing steel

Guidance updated incorporating changes to FA2018 changes.

Introduction to EIS income tax relief: form and amount of EIS relief

Guidance updated to FA2018 changes.

EIS: income tax relief: general requirements: maximum amount raised annually through risk capital schemes requirement

Guidance updated incorporating chnages to FA2018.

VCT: VCT approval: conditions for full approval

Guidance in line with FA2018 changes

VCT: VCT approval: conditions for provisional approval

Guidance updated to FA2018 changes

VCT: VCT approval: 70% qualifying holdings condition

Guidance updated to FA2018 changes

VCT: VCT approval: 30% or 70% eligible shares condition

Guidance updated to FA2018 changes

20 April 2018 published amendments

9 April 2018 published amendments

Venture Capital Schemes: risk-to-capital condition: introduction to the risk-to-capital condition

Updated guidance after consultation on the published draft guidance.

Venture Capital Schemes: risk-to-capital condition: an overview of the risk-to-capital condition

Updated guidance after consultation on the draft guidance

Venture Capital Schemes: risk-to-capital condition: the two parts of the risk-to-capital condition

Updated after consultation on the draft guidance.

Venture Capital Schemes: risk-to-capital condition: factors to be considered

Guidance amended after consultation on the draft guidance

Venture Capital Schemes:risk-to-capital condition: advance assurance and compliance checks

Guidance amended after consultation on the draft guidance

Venture Capital Schemes: risk-to-capital condition: examples of how the condition may apply

Guidance amended after consultation on the draft guidance.

Venture Capital schemes: risk-to-capital condition: about the guidance

Draft Risk to capital guidance updated to final version

Draft Risk to capital guidance updated to final version

Venture Capital Schemes: Risk-to-capital condition: contents

Guidance amended after consultation on the draft guidance.

VCT: VCT approval: contents

Guidance amended in line with Finance Act 2018

VCT: VCT approval: definition of ‘securities’, and references to a company’s investments

Guidance amended in line with Finance Act 2018 changes

9 March 2018 published amendments

VCT: VCT qualifying holdings: requests for advance assurances: overview

Updated current procedures on Advance Assurance requests for VCTs.

VCT: VCT qualifying holdings: requests for advance assurances: information needed

Changes to the VCT guidance on information needed when companies apply for advance assurance requests

VCT: VCT qualifying holdings: requests for advance assurance: dealing with applications

Update guidance for VCT advance assurance applications 'information needed' with the application form.

VCT: VCT qualifying holdings: requests for advance assurance: where HMRC will not be bound by an assurance given

Updated VCT guidance on circumstances when HMRC is not bound by the advance assurance given

VCT: VCT qualifying holdings: requests for advance assurances: circumstances where HMRC will not give an advance assurance

Update on guidance when HMRC will not give an advance assurance for applications under the VCT.

VCT: VCT qualifying holdings: requests for advance assurance: responding to applications

Update on the VCT guidance on HMRC responding to advance assurance applications.

Venture capital Schemes Manual: the Enterprise Investment Scheme: income tax relief: company and investor procedures: contents

Changes to advance assurance for EIS applications.

Updated guidance on EIS advance assurance applications

Updated guidance on EIS advance assurance applications

Updated EIS advance assurance application guidance.

Venture Capital Schemes Manual: the Enterprise Investment Scheme: income tax relief: company and investor procedures: company procedures: duty of completing the compliance statement

Updated guidance for EIS advance assurance applications.

Venture Capital Schemes Manual: the Enterprise Investment Scheme: EIS company procedures: company conditions to submit compliance statement

Updated guidance on the information needed when applying for the EIS advance assurance.

Venture Capital Schemes Manual: the Enterprise Investment Scheme: income tax relief: company procedures: company’s compliance statement

Updated guidance for the EIS outlining when HMRC will not be bound by the advance assurance given

Venture Capital Schemes Manual: the Enterprise Investment Scheme: income tax relief: company procedures: information needed with the compliance statement

Updated guidance on when HMRC will not give an advance assurance applications under the EIS

Venture Capital Schemes Manual: the Enterprise Investment Scheme: income tax relief: company procedures: HMRC examining compliance statement

Updated guidance on HMRC responding to the EIS advance assurance applications.

Venture Capital Schemes Manual: the Seed Enterprise Investment Scheme: income tax relief: company procedures: company and investor procedures: company procedures: duty of completing the compliance statement

Updated guidance for SEIS advance assurance

Venture Capital Schemes Manual: the Seed Enterprise Investment Scheme: company and investor procedures: company procedures: compliance statement: company conditions to submit compliance statement

Updated guidance on information needed under the SEIS when applying for advance assurance.

Venture Capital schemes manual: the Seed Enterprise Investment Scheme: company and investor procedures: company procedures: company’s compliance statement form SEIS1

Updated guidance on when HMRC will not be bound by the advance assurance given under the SEIS

Venture Capital Schemes Manual: the Seed Enterprise Investment Scheme: income tax relief: company and investor procedures: company procedures: information needed with the compliance statement

Updated guidance on when HMRC will not give an advance assurance under the SEIS

Venture Capital Schemes Manual: the Seed Enterprise Investment Scheme: income tax relief: company and investor procedures: company procedures: HMRC examining the compliance statement SEIS1

Updated guidance on HMRC responding to SEIS advance assurance applications.

SEIS: income tax relief: company and investor procedures: contents

Updated guidance for SEIS advance assurance applications.

Venture Capital Schemes: changes to the Enterprise Investment Scheme and Venture Capital Trusts rules introduced by Finance Act (No.2) 2015: contents

VCM8300 removed from menu

Venture Capital Schemes: Advance assurances and EIS1 applications

Archived and unpublished

2017

2016

20 December 2016 published amendments

8 September 2016 published amendments

EIS: general requirements: spending of SEIS money

Updated to reflect legislative change