Reliefs and allowances
Investor limits | 2021/22 | 2020/21 |
Enterprise investment scheme (EIS) up to | £1 million* | £1 million* |
Seed enterprise investment scheme (SEIS) up to | £100,000 | £100,000 |
Venture capital trust (VCT) up to | £200,000 | £200,000 |
Social investment tax relief (SITR) | £1 million | £1 million |
SITR relief is available for relief at 30% on investments in certain social enterprises, including charities, with a lifetime limit for the social enterprise of up to £1m.
With all of these reliefs there are many rules to be complied with. Please seek our advice.