Commentary

D8.301 Introduction to the corporate venturing scheme

Corporate tax
Corporate tax | Commentary

D8.301 Introduction to the corporate venturing scheme

Corporate tax | Commentary

Division D8.3     Corporate venturing scheme

Reviewed by
RUTH NEWMAN, LLB (Hons), MA, CTA

For updates affecting this Division please see Part D0 Updates

Corporate venturing scheme—overview

D8.301 Introduction to the corporate venturing scheme

The corporate venturing scheme was introduced by FA 20001. It encourages equity investment by non-financial companies (investing companies) in small, high-risk trading companies (issuing companies), which are broadly the sort of company in which a Venture Capital Trust can invest2.

The scheme consists of a package of three separate reliefs3:

  1.  

    (a)     investment relief — relief against corporation tax for qualifying shares in an issuing company (see D8.340–D8.342)4

  2.  

    (b)     loss relief

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