Part 2Income tax, corporation tax and capital gains tax_general
Venture capital schemes etc
31Enterprise investment scheme: increase in amount of relief
1
In section 158(2)(b) of ITA 2007 (form and amount of EIS relief), for “£400,000” substitute “£500,000”.
2
The amendment made by subsection (1) has effect for—
a
such tax year as the Treasury may by order specify, and
b
all tax years subsequent to the specified tax year.
3
An order under subsection (2) may specify the tax year in which it is made.
4
Section 1014(4) of ITA 2007 (orders etc subject to annulment) does not apply in relation to an order under subsection (2).