SCHEDULES

[F1 SCHEDULE 7ZA U.K.Entrepreneurs' relief: “trading company” and “trading group”

Textual Amendments

F1 Sch. 7ZA inserted (with effect in accordance with Sch. 13 para. 6(1) of the amending Act) by Finance Act 2016 (c. 24), Sch. 13 para. 5

PART 2 U.K.Joint venture companies

Shareholding test U.K.

6 U.K.P's “indirect shareholding percentage” is found by—

(a) calculating the percentage of the ordinary share capital of the joint venture company that is owned indirectly by P through a particular investing company (see paragraph 7), and

(b) where there are two or more investing companies, adding those percentages together.]