TAX SHELTER PRODUCTS
 
The Tax Shelter Report site covers the following products which can offer Income and/or Capital Gains Tax relief to investors.
 

Prospectuses are available to registered subscribers only.

Alternatively you can order your prospectuses direct from Allenbridge on 0800 33 99 99.

 
Last updated: 19 April 2004
Product Type Tax reliefs on the way in Tax reliefs on the way out
  Income tax relief CGT deferral Dividends tax free CGT in the fund tax free Income tax relief on loss
Venture Capital Trusts
detail 		40% on £200,000 per annum, up to 5 April 2006 NONE (since 6/4/2004) Yes, including capital distributions Yes No
Enterprise Investment Schemes

£200,000 and less per year

detail 		20% of investment Investments must be made within period starting 12 months before and ending 36 months after date of gain

On death the deferred gain is not recrystallised.		 No Yes Yes, losses on (net) investment may be set against income tax in the year of the loss
Enterprise Investment Schemes

above £200,000 per year

detail 		None Investments must be made within period starting 12 months before and ending 36 months after date of gain

On death the deferred gain is not recrystallised.		 No No, but after 2 years taper relief CGT should only be 10% Yes, in most cases
Film Partnerships Unlimited deferral for income arising in current tax year, preceding tax year or can go back three tax years offsetting earliest years first Unlimited deferral for gains arising in current tax year and preceding tax year. Income in the relevant year must be offset first      
Enterprise Zone Trusts Unlimited Shelter for income arising in current tax year only        

Regulated individuals, authorised under the Financial Services Act, should contact Allenbridge on 0800 - 33 99 99.