EQ Guide: Venture Capital Trusts
Venture Capital Trusts offer a host of attractive tax incentives, including 30% Income Tax relief and tax free dividends
VCTs have been in existence since 1995 and since then have raised more than £6 billion from private investors. With increasingly limited opportunities for sheltering tax they deserve attention from investors who are comfortable with taking on a higher level of risk. However, careful selection is vital as performance varies greatly between individual VCTs.
In this guide we describe the various types of VCT, together with the benefits and pitfalls.
EQ carries out detailed research into VCT offers. The current list of VCT offers can be found here.
Some Other EQ Guides
Coming into money isn’t something that happens often. Before you commit yourself to spending, investing, giving gifts or even giving up your job, here are some tips on how to make your windfall work for you in the long run.
EQ is a Chartered Financial Planning firm able to offer a wide range of services to private clients including tax optimisation, retirement income planning and estate planning.
The April 2015 Budget saw the most radical changes to the pensions landscape for a generation, but the new flexibility on offer is only available to personal pension holders. Members of final salary schemes can only access the new rules by transferring to a personal pension.
This guide explains how planning ahead of time can provide for – and in most cases reduce – the amount of tax that is ultimately due on your estate.