A VCT qualifying holding assurance application is an application for a written assurance from HMRC that a particular shareholding in a company qualifies for relief under the Venture Capital Trusts (VCT) regime. The VCT regime provides tax reliefs for investors in qualifying companies. In order to qualify for relief, investors must hold their shares for a minimum of five years. The application for a VCT qualifying holding assurance is made by the company in which the investor holds their shares. The company must be registered with HMRC in order to make the application.
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