Tax Efficient Investments 

Understanding the latest VCT shake-up

Understanding the latest VCT shake-up
 The chancellor has again rewritten the rules for VCT and EIS investors, creating new challenges and opportunities for intermediaries

First established by the government in 1994-95, venture capital trusts (VCTs) and enterprise investment schemes (EISs) have since become a major draw for investors and can form an important part of the intermediary’s toolkit. But a key element of the products’ appeal – a generous helping of tax relief – has meant they have increasingly attracted the attention of the chancellor.

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