600I Anti-avoidance: qualifying investor

Summary

Section 600I is an anti-avoidance provision in relation to a qualifying investor.

Details

This section provides that an individual will be treated as connected with a company if that individual subscribes for shares in that company as part of a scheme or arrangement which allows another individual to subscribe for shares in a company with which the first mentioned individual, or any other individual who is a party to the arrangement, is connected.

Relevant Date: Finance Act 2024