Tax Shelters

               MORTIMER    W e a l t h    M a n a g e m e n t
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Tax shelters
Income & or CGT tax relief products
This covers products which can offer income and / or Capital Gains Tax relief to investors, based on current legislation in the UK

Individual Saving Accounts (ISAs)

No tax relief on the way in, but once in, no income tax on income generated or taken and no CGT on the way out.

Venture Capital Trusts (VCT)

Invest up to £200,000 in capital ventures or funds and receive 30% income tax relief on the way in. All income is tax free and no CGT on the way out, providing you hold the investment for the minimum 5 year duration.

Enterprise Investment Schemes

Invest up to £500,000 in individual capital venture and receive 20% income tax relief on the way in. All income is tax free and no CGT on the way out, providing you hold the investment for the minimum 5 year duration. Loss relief of up to 32% can be used on top of the up front 20%, a total tax relief of 52%. 100% IHT relief is available, via Business property relief, providing you hold the investment for at least two years.

Based on current legislation (2008) For further information contact : Mortimer Associates on : 01299 271471

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Copyright © 2009 MORTIMER Associates Last modified: January 25, 2009

Copyright © 2009 MORTIMER Associates
Last modified: January 25, 2009