Beta This part of GOV.UK is being rebuilt – find out what this means

HMRC internal manual

Venture Capital Schemes Manual

From
HM Revenue & Customs
Updated
, see all updates

Share loss relief: individual and corporate claimants: individual claimants: type of company invested in: qualifying trading company: condition A: property managing subsidiaries requirement: definition of terms

Share Loss Relief uses the same definition of a ‘property managing subsidiary’ as the EIS. This is at ITA07/S188(2), see VCM13140.

Share Loss Relief uses the same definition of a qualifying 90% subsidiary as the EIS. This is at ITA07/S190, see VCM13080.

The definition of a qualifying 100% subsidiary is based on that of a qualifying 90% subsidiary, and is at ITA07/S190(1C).