Are Venture Capital Trusts Good to Invest in?
So what is a VCT?
Venture Capital Trusts (or VCTs as they are known) are one of the least understood investment products in the market. Yet, for the right investor, they are also one of the most attractive, combining the potential for good returns with substantial tax advantages. Today’s article gives an overview of this important investment vehicle.
Background
VCTs were introduced in 1995 to encourage individual investors to invest in UK smaller companies. The Government achieved this by offering investors in VCTs a series of very attractive tax benefits. As a result more than £3.2 billion has been invested in VCTs between 1995 and 2007.
Here are some key points and how to get 30% tax relief from the Government to prime your investment pump too…
No Comments