Income Tax Act 2007 section 257CD

The no pre-arranged exits requirement

Section 257CD prevents SEIS relief from applying where the arrangements surrounding a share issue include pre-planned exit routes, such as the disposal of shares or assets, the cessation of trade, or protection of investors against normal commercial risks.

Access full legislation.And much more.

By becoming a member, your team gets full access to Tax World research tools and source-backed tax resources.