Tax Favoured Investments
2024-25 | 2023-24 | ||
ISA limited | £20,000 | £20,000 | |
Lifetime ISA | £4,000 | £4,000 | |
Junior ISA | £9,000 | ||
Venture Capital Trusts Income Tax relief of up to 30% on investments up to £200,000. | |||
Enterprise Investment Scheme Income Tax relief of up to 30% on qualifying share subscriptions up to £1,000,000.(Up to £2,000,000 for qualifying investments in knowledge-intensive industries). | |||
Seed Enterprise Investment SchemeIncome Tax relief of 50% on maximum investment of £200,000 with rollover of chargeable gains. |
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