Income Tax Act 2007 section 280B

The investment limits condition

Section 280B sets out the rules for determining whether an investment made by a Venture Capital Trust (VCT) in another company breaches the permitted investment limits, taking into account annual caps, cumulative lifetime caps, and post-investment monitoring periods.

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.