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 357LDA
The existing investments requirement
Section 357LDA sets out the conditions that must be met regarding any shares or debentures an investor already holds in a social enterprise (or its qualifying subsidiary) before making a new investment that qualifies for Social Investment Tax Relief (SITR).
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.