Public Bill Committee: Finance (No. 2) Bill: Clause 52 - Removing time limit on CGT relief in respect of re-investment under SEIS (13 May 2014)

David Gauke: Clause 52 makes changes to ensure that capital gains tax relief for reinvesting in SEIS shares is made permanent. The capital gains tax SEIS reinvestment relief was introduced in 2012, alongside the income tax relief we have just debated, to help kick-start and build interest in seed enterprise investment schemes. The relief was initially introduced as a one-year holiday for the tax year...