The provision of services or facilities for another business ('the customer') is an excluded activity and not a qualifying trade for the purposes of EIS (see E3.142) if1:
- Ìý
•ÌýÌýÌýÌý the customer's business consists wholly or substantially of excluded activities, and
- Ìý
•ÌýÌýÌýÌý the same person has a controlling interest (see below) in both the customer's business and the provider's business
This does not apply if the customer is the parent of the company providing the services and it is a qualifying subsidiary2.
Business includes any trade, profession
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Web page updated on 17 Mar 2025 17:06