CITM6010 - Tax Relief: Individual Investors - conditions for making a claim

ITA/s335

In order to make a claim an individual investor must:

• consider that the conditions for relief are satisfied, and
• hold a tax relief certificate (see CITM4060) relating to the investment.

But claims may not be made if:

• the investment consists of a loan that has been disposed of, or that has been repaid (either directly or through other “value received”) to an extent that exceeds prescribed limits (see CITM6100), or
• the investment consists of shares or securities that have been disposed of, or in relation to which “value received” exceeds prescribed limits (seeCITM6110 ), or
• the CDFI in which the investment was made has lost its accreditation (see CITM6120).