![]() ![]() Percentage of investment on which you can claim Maximum annual investment you can claim relief on How the schemes compare for Income Tax relief Scheme You can invest in different companies through different schemes, as long as you keep within the limits for each scheme in that tax year. You can get relief by investing in newly issued shares or by loaning money to a social enterprise (through a debt instrument) for SITR for investments made on or before 5 April 2023. Capital Gains Tax relief when you reinvest a previous gain in a scheme.Capital Gains Tax relief on any gains you make on your investment.Income Tax relief against a loan or ‘debt instrument’ to a social enterprise.Income Tax relief against your investment in qualifying companies, enterprises or Venture Capital Trusts.Tax reliefs you can claimĭepending on the scheme, you may be able to claim: Investors should always consider conducting their own due diligence before making an investment. It should not be read as a general endorsement by HMRC or an indication of potential investment performance. The company or social enterprise you intend to invest in might have an advance assurance letter from HMRC that shows the company and the share issue meets the conditions for the relevant scheme.Īny advance assurance given to a company is only in respect of certain conditions of the venture capital schemes being met based on the information provided by the company. The Venture Capital Trust will use your money to invest in qualifying companies. You can invest in a Venture Capital Trust if you’re over 18 years old. A VCT is a company (like an investment trust) that’s been approved by HMRC and invests in, or lends money to, unlisted companies. ![]() You can also invest in shares in a Venture Capital Trust ( VCT). The company or enterprise will also need to meet the conditions for the scheme. You can invest directly in a qualifying company or enterprise using a venture capital scheme if you meet the conditions for investors. Social Investment Tax Relief will not be available for new investments made on or after 6 April 2023. Seed Enterprise Investment Scheme ( SEIS).Venture capital schemes offer tax relief to individuals to encourage them to invest in companies and social enterprises that are not listed on any recognised stock exchange. ![]()
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