Tax advisers report that in the relentless search to cut their tax liabilities, high-earners are increasingly looking to the tax designated seaside resorts as a haven for their hardearned cash. This scheme has undoubtedly been a big hit with investors this year, with demand still running very strong from higher earning PAYE employees, or the self-employed seeking to lock in a tax shelter.

Under most schemes investors typically invest around £100,000, which includes VAT, to allow them to qualify for tax breaks of around £40,000 over a 10-year period.