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.
- AI tax research with linked legislation and Finance Act changes
- Commentary, official guidance, publications and training material
- Case law, appeals and tribunal decisions in one place
Income Tax Act 2007 section 257DA
The trading requirement
Section 257DA sets out the trading requirement that the issuing company must satisfy throughout period B (and since its incorporation) under the Seed Enterprise Investment Scheme, ensuring it exists to carry on new qualifying trades or, if it heads a group, that the group's business does not substantially consist of non-qualifying activities.
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.