Introduction Summary
1.This section extends the scope of capital gain tax entrepreneurs’ relief (ER). At the moment a chargeable gain which is deferred either under the enterprise investment scheme (EIS) or under social investment tax relief (SITR) cannot also be the subject of a claim to ER. As a result of these changes, ER may be claimed on deferred gains when they are charged to tax, subject to the conditions for relief which applied when they were first deferred. The new rules apply to gains which would originally have accrued on or after 3 December 2014.