
(AGENPARL) – LONDON mar 28 giugno 2022

A market can apply to be a recognised growth market if it falls within the definition of a recognised stock exchange and meets one of two conditions – see STSM041290.
The 20% compounded annual growth test condition (section 99A(5)(b) FA 1986):
This condition is that HMRC is satisfied that the market’s rules require companies seeking admission to demonstrate at least 20% compounded annual growth in gross revenue or employment over the three periods of account preceding admission.
Details of the formula for calculating whether this condition has been met can be found here.
Information on the market capitalisation condition is in STSM041300.
0http://www.hmrc.gov.uk/gds/stsm/attachments/annualgrowthtestformula.docx’>http://www.hmrc.gov.uk/gds/stsm/attachments/annualgrowthtestformula.docx
Fonte/Source: https://www.gov.uk/hmrc-internal-manuals/stamp-taxes-shares-manual/stsm041310