Tax Favoured Investments
| 2020-21 | 2019-20 | |
| ISA limited | £20,000 | £20,000 |
| Lifetime ISA | £4,000 | £4,000 |
| Junior ISA | £9,000 | £4,368 |
| Venture Capital Trusts Income Tax relief of up to 30% on investments up to £200,000. | ||
| Enterprise Investment Scheme (EIS) Income Tax relief of up to 30% on qualifying share subscriptions up to £1,000,000. | ||
| Seed Enterprise Investment Scheme (SEIS) Income Tax relief of 50% on maximum investment of £100,000 with rollover of chargeable gains. (Up to £2,000,000 for qualifying investments in knowledge-intensive industries). | ||
| Social Investment Tax Relief Income Tax relief at 30% of the amount invested plus Capital Gains Tax relief. |
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