Investments and savings

Valuable tax relief can be produced by investing through venture capital schemes, the most significant of which is investment in Venture Capital Trusts. More details can be found here bit.ly/36dDWsF. Do please talk to us about the potential of such schemes.

ISAs are a popular investment. Savings held within an ISA are free of income tax and capital gains tax. Investment must be made by 5 April 2020 to take advantage of limits for 2019/20. The maximum you can save is £20,000 in 2019/20.

Tip

ISA investment limits can't be carried into future tax years, so check that all family members maximise entitlement each year.

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Poole Resources Ltd, 95 High Street, Street, Somerset BA16 0EZ
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