VCM32010 - SEIS: income tax relief: the investor: overview

ITA07/S257B

This section of the VCM sets out the investor requirements in respect of SEIS income tax relief. An investor is a ‘qualifying investor’ in relation to the ‘relevant shares’ (see VCM33020) if the requirements at ITA07/Part 5A/Chapter 2 are met as to:

• No employee investors (see VCM32020),
• No substantial interest in the issuing company (see VCM32030),
• No related investment arrangements (see VCM32040),
• No linked loans (see VCM32050),
• No tax avoidance (see VCM32060).