Tax rates & allowances

Annual investment limits

  2019/20 2018/19
Individual Savings Account (ISA)
- Overall limit £20,000 £20,000
- Lifetime ISA 4,000 4,000
Junior ISA 4,368 4,260
EIS* - 30% relief 2,000,000 2,000,000
EIS eligible for CGT deferral relief Unlimited Unlimited
Seed EIS (SEIS) - 50% relief 100,000 100,000
SEIS - 50% exemption for reinvested gains 100,000 100,000
Venture Capital Trust (VCT) - 30% relief 200,000 200,000

*Amount over £1m must be invested in 'knowledge-intensive' companies.

Tax rates 2019-2020PDF document