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Home / Simons-Taxes /Personal and employment tax /Part E3 Reliefs for investors /Division E3.2 Venture Capital Trust schemes (VCTs) /VCTs—company conditions / E3.233 VCT company approval—the 15% holding limit condition

E3.233 VCT company approval—the 15% holding limit condition

Personal and employment tax

A VCT is required to spread its investments so that at no time in the relevant period does the holding in any one company exceed 15% by value of the VCT's total investments. However this limit does not apply to a holding in another VCT (or in a company

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E5.607 Corporate members

I4.265 Lifetime transfers reported late

I7.333A Companies and replacement APR property

A4.204 Claims procedure—corporation tax

D1.8101 Groups of companies

B2.306 General tests for distinguishing between capital and revenue expenditure

C2.1020 Employment-related securities options and capital gains

I3.750 POAT—introduction to existing arrangements

E1.1502 Tax treatment of transfers with accrued interest

I5.226 Disposals of QIIPs for consideration

E8.811 National Insurance number—refusal of application

C2.1231 Leases—deemed premiums

C3.304 Rollover relief—expenditure on replacement assets qualifying for relief

C2.1168 Property rich collective investment vehicles—ceasing to meet the exemption election requirements

C3.305 Rollover relief—time limit for acquisition of replacement assets

C1.511 Use of Mansworth v Jelley losses

B5.846 Charities and close companies

B3.306 Meaning of plant and machinery

C2.1016 Option to subscribe for shares in a company (share warrants)

E3.192 CGT loss relief on disposal of EIS shares