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Home / Simons-Taxes /Personal and employment tax /Part E3 Reliefs for investors /Division E3.9 Tax relief for social investments /Withdrawal of social investment relief / E3.922 Acquisition of trade or trading assets
Commentary

E3.922 Acquisition of trade or trading assets

Personal and employment tax

Note that this scheme closed to new investment from 6 April 2023 onwards.

SI relief is intended to encourage genuinely new investment in social enterprises, hence it includes a rule to withdraw relief where an existing trade in which the investor has a measure of control or ownership is imported to the SE1.

The rule applies where at any time in the longer applicable period (see E3.902)2:

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Web page updated on 17 Mar 2025 17:06