Compare VCT funds...
VCT funds – venture capital trusts – were introduced to encourage private investors to invest in smaller companies, providing a valuable source of funding to help them get off the ground. Consequentially, they come with higher risks, but the Government offers tax incentives which are the primary attraction for investors. Benefits of VCT funds include:
- 30% income tax relief upon investment
- No capital gains tax to pay on dividends
- You can invest up to £200,000 per tax year
- Invest in a range of companies to spread the risk
VCT funds are considered long term investments, and you must invest or at least 5 years or you will lose the tax breaks and have to repay them. They are generally suitable for wealthy investors who can afford to put their capital at risk in return for potential higher gains.
See below for a range of the different VCT funds available and click to find out more and how to apply: