Resource Centre
Home / Resource Centre / Tax Tables / Income Tax Rates
Income Tax Allowances, Reliefs and Credits
Investment reliefs |
2024/25 |
2023/24 |
2022/23 |
|
Enterprise Investment Scheme (EIS) |
||||
Rate | 30% | 30% | 30% | |
Maximum investment (£2m for investments in knowledge intensive businesses) | £1,000,000 | £1,000,000 | £1,000,000 | |
Capital gains re-investment | Unlimited | Unlimited | Unlimited | |
Seed Enterprise Investment Scheme (SEIS) |
||||
Rate | 50% | 50% | 50% | |
Maximum investment | £200,000 | £200,000 | £100,000 | |
Re-investment exemption | 50% | 50% | 50% | |
Venture Capital Trusts (VCT) |
||||
Rate | 30% | 30% | 30% | |
Maximum investment | £200,000 | £200,000 | £200,000 | |
Social Investment Relief (SITR) |
||||
Rate | Closed | Closed | 30% | |
Maximum investment | Closed | Closed | £1,000,000 | |
Capital gains re-investment | Closed | Closed | Unlimited | |
Community Investment Tax Relief (CITR) |
||||
Rate | 25% | 25% | 25% | |
Maximum investment | Unlimited | Unlimited | Unlimited | |
Capital gains re-investment | Unlimited | Unlimited | Unlimited |