I'm currently trying to calculate the maximum amount a family can invest in an EIS company without breaching the 30% connected persons ownership threshold. From what I can tell from:
The spouse of a child is not a connected person. Am I correct?
The reason I want to double check is that the flowchart of Capital Gains indicates that the spouse of a child IS a connected person: http://www.hmrc.gov.uk/gds/cg/images/cg14580flowchart.gif
Is it just that Capital Gains and EIS use different definitions of "Connected Person" and I'm overthinking this or is CTM60150 misleading?