Taxation of certain entities - Portfolio investment entities
HL 9: Investor interest size requirement
You could also call this:
“Rules about minimum investment size were removed in 2010”
This part of the law was about how big your investment in certain entities needed to be for tax purposes. However, it’s no longer in effect. The government removed this rule on 1 April 2010. This means that from the 2010-2011 tax year onwards, you don’t need to worry about this specific requirement anymore when thinking about your investments and taxes.
HL 10: Further eligibility requirements relating to investments, or
“Extra investment rules no longer apply since 2010”
Part H
Taxation of certain entities
Portfolio investment entities
HL 9Investor interest size requirement (Repealed)
Notes
Section HL 9: repealed, on (applying for the 2010–11 and later income years), by section 292(1) of the Taxation (International Taxation, Life Insurance, and Remedial Matters) Act 2009 (2009 No 34).
