Part 5

Enterprise investment scheme
Chapter 6

Withdrawal or reduction of EIS relief

Value received by investor

The amount of value received
217
In a case falling within a provision listed in column 1 of the following table, the amount of value received for the purposes of sections 213 and 218 is given by the corresponding entry in column 2 of the table.
Provision | The amount of value received
Section 216(2)(a), (b) or (c) | The amount received by the investor or, if greater, the market value of the shares, securities or debt
Section 216(2)(d) | The amount of the liability
Section 216(2)(e) | The amount of the loan or advance, less the amount of any repayment made before the issue of the relevant shares
Section 216(2)(f) | The cost to the issuing company of providing the benefit or facility, less any consideration given for it by the investor
Section 216(2)(g) | The difference between the market value of the asset and the consideration (if any) given for it
Section 216(2)(h) | The amount of the payment
Section 216(5) | The amount of the payment or the market value of the asset
Section 216(6) | The amount received by the investor or, if greater, the market value of the shares or securities