伊人直播

Throughout this manual, all legislative references are to (鈥淭CGA92鈥�) unless otherwise stated.

The relief was introduced through S290 and Schedule 37 Finance Act 2014 (FA14).聽 The rules for relief are in S236H to S236U TCGA92and Sch37, Para 3, FA14 which cover the subjects listed below. The legislation was then amended in Finance Act 2025.

Section 236H听听听听听听听听听听听听聽聽聽 Outline of the principal relief

Section 236I听听听听听听听听听听听听聽聽聽聽 The 鈥榯rading requirement鈥� for C

Section 236J听听听听听听听听听听听听聽聽聽聽 The 鈥榓ll-employee benefit requirement鈥� for the settlement acquiring the shares

Section 236K听听听听听听听听听听听听聽聽聽 Provisions about the 鈥榚quality requirement鈥� in the previous section

Section 236L听听听听听听听听听听听听聽聽聽聽Cases in which 鈥榓ll-employee benefit requirement鈥� is treated as met

Section 236LA听听听听听听听听听听听听 The 鈥榯rustee independence requirement鈥�

Section 236M听听听听听听听听听听听听聽聽聽The 鈥榗ontrolling interest requirement鈥� for the settlement acquiring the shares

Section 236N听听听听听听听听听听听听聽聽聽 The 鈥榣imited participation requirement鈥�

Section 236O听听听听听听听听听听听听聽聽聽 鈥楧isqualifying events鈥� in the tax year following the tax year in which a disposal took place, which prevent the relief from applying

Section 236P听听听听听听听听听听听听聽聽聽聽 鈥楧isqualifying events鈥�, which trigger a deemed disposal and reacquisition by the trustees of the settlement

Section 236Q听听听听听听听听听听听听聽聽聽 Relief for deemed disposals under TCGA92/S71

Section 236R听听听听听听听听听听听听聽聽聽 鈥楧isqualifying events鈥� in the tax year following the tax year in which a deemed disposal under section 236Q took place, which prevent the relief from applying

Section 236S听听听听听听听听听听听听聽聽聽聽Identification of shares

Section 236T听听听听听听听听听听听听聽聽聽聽Further provisions about significant and controlling interests

Section 236U听听听听听听听听听听听听聽聽聽Interpretation

Sch 37, Para 3听听听听听听听听听听听听聽 Transitional provisions, which affect the terms or the application of the following sub-sections of TCGA92

听听听听听听听听听听听听听听听听听听听听听听听听聽聽聽聽聽聽聽聽聽聽聽 聽聽聽聽聽聽聽聽聽聽聽 S236H(4)(b), (4)(c)(ii), (5) and (8)

听听听听听听听听听听听听听听听听听听听听听听听听聽聽聽聽聽聽聽聽聽聽聽 聽聽聽聽聽聽聽聽聽聽聽 S236N(1) and (3)

听听听听听听听听听听听听听听听听听听听听听听听听聽聽聽聽聽聽聽聽聽聽聽 聽聽聽聽聽聽聽聽聽聽聽 S236O

听听听听听听听听听听听听听听听听听听听听听听听听聽聽聽聽聽聽聽聽聽聽聽 聽聽聽聽聽聽聽聽聽聽聽 S236P(1), (2) and (3)

听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听聽聽聽聽聽聽聽聽聽聽聽 S236Q(7)

听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听聽聽聽聽聽聽聽聽聽聽聽 S236R