Commentary

A4.146 Enterprise investment scheme

Administration and compliance

A4.146 Enterprise investment scheme

A4.146 Enterprise investment scheme

Where relief has been given to an individual under the enterprise investment scheme, and an event occurs by reason of which any relief falls to be withdrawn under specified provisions1 (or would do so but for the 'replacement value' rule2), the individual is required to notify an HMRC officer within 60 days of his coming to know of the event3.

Where the issuing company has provided a compliance statement to an HMRC officer and an event occurs by reason of which relief in respect of shares in a company falls to be withdrawn under other specified provisions4

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