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