Tax treatment depends on individual circumstances and may change in the future. Tax reliefs depend on the VCT maintaining its VCT-qualifying status.
Clients will also need to be comfortable with holding the shares for at least five years in order to keep any income tax relief they claimed.
Taking the next step
If you have clients looking to invest in a VCT this tax year, or you want to discuss VCTs with us, we can help. As the largest provider with over £1.7bn in VCT assets under management, and having managed them since 2002, we’re very well established in this area with a range of offerings to suit different client needs.
Find out more about Octopus VCTs>>
1 Income tax bill doubles since the Millennium, Financial Times, July 2021
2 More savers are being taxed on their pension pot, The Times, July 2021
This article is an advertisement and not a prospectus. Any decision to invest should only be made on the basis of the information contained in the prospectus and the Key Information Document (KID) available on the relevant product webpages.
These investments are not suitable for everyone. Any recommendation should be based on a holistic review of your client's financial situation, objectives and needs. Issued by Octopus Investments Limited, which is authorised and regulated by the Financial Conduct Authority. Registered office: 33 Holborn, London, EC1N 2HT. Registered in England and Wales No. 03942880. Issued: October 2021. CAM011450
For professional advisers and paraplanners only. Not to be relied upon by retail investors.
