VCM8510 - Venture Capital schemes: risk-to-capital condition: about the guidance

VCM8500 to VCM8560 provide guidance on new rules relating to the Enterprise Investment Scheme (EIS), the Seed Enterprise Investment Scheme (SEIS) and Venture Capital Trusts (VCTs).

Section 14 of the Finance Act 2018 introduces a new ‘risk-to-capital’ condition for eligibility for these schemes for investments made on or after 15 March 2018. This guidance provides detail on how this condition will work and how HM Revenue and Customs (HMRC) will apply it.