Budget 2007 tax benefits

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UK Budget 2007- Tax Thresholds 1

	2007-08	2006-07	Change
Tax Efficient Investments - per year
Enterprise investment scheme - max income tax relief*	400K@20%	400K@20%	Nil
Venture capital trusts - max income tax relief**	200K@30%	200K@30%	Nil
* CGT deferral available in some circumstances ** Maximum holding period extended to 5 yrs from 6 Apr 06



Individual savings account - per year
Total Investment - maximum	7,000	7,000	Nil
Stocks and Shares component - maximum*	7,000	7,000	Nil
Cash component - maximum*	3,000	3,000	Nil
*Investors may hold 1 of each component each tax year, with the same or different providers. The limits apply to the overall investment