Part V Transfer of business assetsF1, entrepreneurs' relief and investors' relief
Annotations:
Amendments (Textual)
F2Chapter 5Investors' relief
Annotations:
Amendments (Textual)
F2
Pt. 5 Ch. 5 inserted (15.9.2016) by Finance Act 2016 (c. 24), Sch. 14 para. 2
Claims for relief
169VMClaims for relief
1
Any claim for investors' relief must be made—
a
in the case of a disposal by an individual, by that individual;
b
in the case of a disposal by the trustees of a settlement, jointly by—
i
the trustees, and
ii
the eligible beneficiary in respect of the disposal, within the meaning given by section 169VH(2) (or, if more than one, all those eligible beneficiaries).
2
Any claim for investors' relief in respect of a disposal must be made on or before the first anniversary of the 31 January following the tax year in which the disposal is made.
Words in Pt. 5 heading inserted (15.9.2016) by Finance Act 2016 (c. 24), Sch. 14 para. 1(1)