VCM55255 - VCT: VCT qualifying holdings: proportion of skilled employees

ITA07/S297B

This requirement applies to investments in certain knowledge-intensive companies (see VCM8167 and VCM8162).

If the company is a knowledge-intensive company only by reason of meeting the skilled employees condition (that is, the innovation condition did not apply at the time of the investment), it must continue to meet the skilled employees condition for the three years following the date of the investment. See VCM8167.