C1F1PART 5ASeed enterprise investment scheme
Annotations:
Amendments (Textual)
Modifications etc. (not altering text)
C1
Pt. 5A applied by Taxation of Chargeable Gains Act 1992 (c. 12), Sch. 5BB para. 8(4) (as inserted (17.7.2012) by Finance Act 2012 (c. 14), Sch. 6 para. 5)
CHAPTER 1Introduction
SEIS relief
257AMeaning of “SEIS relief” and commencement
1
This Part provides for SEIS income tax relief (“SEIS relief”), that is, entitlement to tax reductions in respect of amounts subscribed by individuals for shares in companies carrying on new businesses.
2
In this Part “SEIS” stands for the seed enterprise investment scheme.
3
This Part has effect only in relation to shares issued—
a
on or after 6 April 2012, but
b
before 6 April 2017.
4
The Treasury may by order substitute a later date for the date for the time being specified in subsection (3)(b).
Pt. 5A inserted (17.7.2012) (with effect in accordance with Sch. 6 para. 24(1) of the amending Act) by Finance Act 2012 (c. 14), Sch. 6 para. 1