Jack Rose considers the current dichotomy in the tax-advantaged sector – despite the overwhelming availability of EIS there is actually a reduction in demand from advisers, while VCTs now face the opposite issue

We are only at the start of the ‘tax season’ yet already we have a relatively clear picture of how things are shaping up for fundraising this year – at least for venture capital trusts (VCTs).

Following a bumper year for VCT fundraising – which hit a record high last year since income tax relief was reduced from 40% to 30% – there has been speculation as to who will open offers and how much they will raise before 5 April 2019. Early indications suggest there will be in the region of £650m of available product this year – some £80m less than was raised last tax year.

For the full article, please click here



020 7071 3945


Throughout our site you will find links to external websites. Although we make every effort to ensure these links are accurate, up to date and relevant, we cannot take responsibility for pages maintained by external providers.