The recent budget (March 2016) announced that the Capital Gains Tax (CGT) rate on most assets (excluding property other than your main residence) reduces from 18% to 10% from April 6th 2016 for basic rate tax payers and from 28% to 20% for higher and additional rate tax payers.
Investors who have already paid CGT recently and anyone liable to CGT can use an Enterprise Investment Scheme (EIS) to defer gains. With an EIS it is possible to use capital gains from either the year before, or up to 3 years after the gain was made to invest in an EIS company.
On sale it’s just the deferred capital gains tax being paid eventually with the EIS shares being tax free if they have been held for 5 years.
Investments into an EIS also attract 30% income tax relief.
Disclaimer: Please note this should not in anyway be deemed as advice.
