ARE YOU AWARE OF TAX RELIEFS FOR INDIVIDUALS 2019/20 AND 2018/19?

Enterprise Investment Scheme (EIS)

Relief on investments in certain unquoted trading companies up to £1m per annum (£2m for knowledge intensive companies):

• Income tax relief at 30%
• Capital gains exemption on disposal

Unlimited amounts of capital gain from the disposal of other assets may be able to be deferred by making an EIS investment.

Seed Enterprise Investment Scheme (SEIS)

Relief on investments in certain unquoted trading companies up to £100,000 per annum:

• Income tax relief at 50%
• Capital gains exemption on disposal

Capital gains from the disposal of other assets may be exempt up to £50,000 per annum by making an SEIS investment.

Venture Capital Trusts (VCTS)

Relief on investments in certain quoted companies up to £200,000 per annum.

• Income tax relief at 30%
• Capital gains exemption on disposal

Dividends received from VCTs may be exempt from income tax.

All reliefs subject to detailed conditions being met.