Venture Capital Trusts  

Octopus seeks £25m for tech-focused VCT

The trusts have performed well in recent years — the top 16 VCTs have all at least doubled investors’ money on a net asset value return basis over the past 10 years while the 2018/19 tax year had the second biggest VCT season on record, according to data from the AIC.

Many put the rise in popularity of VCTs down to cuts to the pension allowances and restrictions on buy-to-let investing, which has resulted in VCTs being one of the few tax efficient investment avenues left for wealthier investors.

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