Part 3 U.K.Enterprise investment scheme: maximum subscriptions and carry-back of relief
5(1)In section 289A(4) of ICTA (which limits the amount eligible to be relieved in the previous year), for “£25,000” substitute “ £50,000 ”.
(2)Sub-paragraph (1) has effect in relation to shares issued on or after 6th April 2006.
6(1)In section 290(2) of ICTA (maximum amount eligible for relief in any year), for “£200,000” substitute “ £400,000 ”.
(2)Sub-paragraph (1) has effect for the year 2006-07 and for subsequent years of assessment.