CG67820 - Reliefs: employee-ownership trusts: conditions: the five 'relief requirements'

TCGA92/S236H(4)

This sets out five ‘relief requirements’:

• the ‘trading requirement’, see CG67821,
• the ‘all-employee benefit requirement’, see CG67822,
• the ‘controlling interest requirement’, see CG67823,
• the ‘limited participation requirement’, see CG67824, and
• the ‘related disposal requirement’, see CG67825.

The first to fourth requirements have to be met in all cases where relief is claimed under either TCGA92/S236H or TCGA92/S236Q.

The fifth requirement is not relevant where there has been a deemed disposal under TCGA92/S71.

More detailed guidance about the five requirements is at CG67830 to CG67856.