Eligible shares must represent at least 10% by value of the VCT's entire holding of shares and securities of the relevant company, including the relevant holding1. For HMRC guidance on the minimum equity content, including an example, see VCM55080.
Eligible shares are, for the purposes of this 10% rule, all shares in a company, unless they carry a present or future preferential
To continue reading
View the latest version of this document, as well as thousands of others like it, sign in to Tolley+™ Research or register for a free trial
Web page updated on 17 Mar 2025 17:00