SCHEDULES
SCHEDULE 15 The corporate venturing scheme
Part I Investment relief: introduction
Meaning of “investment relief"
1
This Schedule makes provision for—
(a)
relief against corporation tax (“investment relief”) on amounts subscribed by companies for shares (see this Part and Parts II to VI of this Schedule);
(b)
relief against income of companies for losses on disposals of shares to which investment relief is attributable (see Part VII of this Schedule); and
(c)
the postponement of certain chargeable gains of companies where the gains are reinvested in shares to which investment relief is attributable (see Part VIII of this Schedule).