VCM52010 - VCT: investor CG disposal relief: introduction

»Ê¹ÚÌåÓýappse instructions deal with the CGT reliefs available to individual investors in VCTs. See VCM50010 for an overview of the VCT scheme.

References to shares mean new eligible or ordinary shares in a VCT as required by the context. »Ê¹ÚÌåÓýapp instructions assume that the VCT was approved at the time the taxpayer acquired the shares unless the context otherwise requires it, see for example VCM52110. »Ê¹ÚÌåÓýapp layout of the instructions is as follows:

  • Disposal relief: VCM52000 onwards.
  • Deferral relief (up to 6 April 2004): VCM53000 onwards.