CG67802 - Reliefs: employee-ownership trusts: statute
Throughout this manual, all legislative references are to (바카라 사이트淭CGA92바카라 사이트�) 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聽聽聽聽聽聽聽聽聽聽聽聽聽聽聽 Outline of the principal relief
Section 236I聽聽聽聽聽聽聽聽聽聽聽聽聽聽聽聽 The 바카라 사이트榯rading requirement바카라 사이트� for C
Section 236J聽聽聽聽聽聽聽聽聽聽聽聽聽聽聽聽 The 바카라 사이트榓ll-employee benefit requirement바카라 사이트� for the settlement acquiring the shares
Section 236K聽聽聽聽聽聽聽聽聽聽聽聽聽聽聽 Provisions about the 바카라 사이트榚quality requirement바카라 사이트� in the previous section
Section 236L聽聽聽聽聽聽聽聽聽聽聽聽聽聽聽聽Cases in which 바카라 사이트榓ll-employee benefit requirement바카라 사이트� is treated as met
Section 236LA聽聽聽聽聽聽聽聽聽聽聽聽 The 바카라 사이트榯rustee independence requirement바카라 사이트�
Section 236M聽聽聽聽聽聽聽聽聽聽聽聽聽聽聽The 바카라 사이트榗ontrolling interest requirement바카라 사이트� for the settlement acquiring the shares
Section 236N聽聽聽聽聽聽聽聽聽聽聽聽聽聽聽 The 바카라 사이트榣imited participation requirement바카라 사이트�
Section 236O聽聽聽聽聽聽聽聽聽聽聽聽聽聽聽 바카라 사이트楧isqualifying events바카라 사이트� in the tax year following the tax year in which a disposal took place, which prevent the relief from applying
Section 236P聽聽聽聽聽聽聽聽聽聽聽聽聽聽聽聽 바카라 사이트楧isqualifying events바카라 사이트�, which trigger a deemed disposal and reacquisition by the trustees of the settlement
Section 236Q聽聽聽聽聽聽聽聽聽聽聽聽聽聽聽 Relief for deemed disposals under TCGA92/S71
Section 236R聽聽聽聽聽聽聽聽聽聽聽聽聽聽聽 바카라 사이트楧isqualifying events바카라 사이트� 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聽聽聽聽聽聽聽聽聽聽聽聽聽聽聽聽Identification of shares
Section 236T聽聽聽聽聽聽聽聽聽聽聽聽聽聽聽聽Further provisions about significant and controlling interests
Section 236U聽聽聽聽聽聽聽聽聽聽聽聽聽聽聽Interpretation
Sch 37, Para 3聽聽聽聽聽聽聽聽聽聽聽聽聽 Transitional provisions, which affect the terms or the application of the following sub-sections of TCGA92
聽聽聽聽聽聽聽聽聽聽聽聽聽聽聽聽聽聽聽聽聽聽聽聽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)
聽聽聽聽聽聽聽聽聽聽聽聽聽聽聽聽聽聽聽聽聽聽聽聽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)
聽聽聽聽聽聽聽聽聽聽聽聽聽聽聽聽聽聽聽聽聽聽聽聽聽聽聽聽聽聽聽聽聽聽聽 聽聽聽聽聽聽聽聽聽聽聽 S236O
聽聽聽聽聽聽聽聽聽聽聽聽聽聽聽聽聽聽聽聽聽聽聽聽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)
聽聽聽聽聽聽聽聽聽聽聽聽聽聽聽聽聽聽聽聽聽聽聽聽聽聽聽聽聽聽聽聽聽聽聽聽聽聽聽聽聽聽聽聽聽聽聽 S236Q(7)
聽聽聽聽聽聽聽聽聽聽聽聽聽聽聽聽聽聽聽聽聽聽聽聽聽聽聽聽聽聽聽聽聽聽聽聽聽聽聽聽聽聽聽聽聽聽聽 S236R