| Commentary

(6) The shares

| Commentary

(6)     The shares

The section mentions the minimum amount of shares that must be on offer, namely £2,000. There was then for tax purposes a maximum of £50,000 under this scheme. The necessary changes to tax law were made by the Finance Act 2013 Sch 23. In essence, the first £2,000 worth were free of income tax and NICs and there was no charge to capital gains tax on the eventual disposal of the shares (up to the

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