Taxation of Chargeable Gains Act 1992 section 169VM

Claims for relief

Section 169VM sets out who must make a claim for investors' relief and the time limit within which such a claim must be submitted.

• Where an individual disposes of qualifying shares, the claim for investors' relief must be made by that individual personally.
• Where trustees of a settlement dispose of qualifying shares, the claim must be made jointly by the trustees and the eligible beneficiary (or all eligible beneficiaries) connected with the disposal.
• The deadline for submitting a claim is the first anniversary of the 31 January following the tax year in which the disposal takes place.
• For example, a disposal made in the 2024/25 tax year must have a claim submitted no later than 31 January 2027.