C3.1913A Business expansion scheme CGT relief—overview
The business expansion scheme (BES) was the predecessor to the enterprise investment scheme (see Division E3.1) providing tax relief for certain investments in trading companies by individuals. It was available for investments in shares between 6 April 1983 and 31 December 1993. It is now only relevant when considering the capital gains tax implications for individuals disposing of shares that attracted income tax relief under the scheme.
See also CG56900 onwards.
Where an individual disposes of shares in respect of which BES income tax relief was given and not withdrawn, the capital gains consequences are as stated in the table below.
To continue reading
View the latest version of this document, as well as thousands of others like it, sign in to Tolley+™ Research or register for a free trial
Web page updated on 17 Mar 2025 13:31