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Thank you for your helpful guiding answer. Quite a bit of reading to do to educate myself! At the moment I have this situation: my client company which is trading has transferred £8k into another company (B), which has been dormant. Currently the officers of both companies are different, although one of the directors of my client company is considering becoming a director of company B. The hope is that in some way they can meet the requirements to get the Tax relief... Thanks, CAS