Venture Capital Trusts or Enterprise Investment Scheme – Which is Right for You?
- On February 14, 2019
- By GrowthInvest Admin
In the past 10 years the VCT and EIS markets have doubled in size as awareness of them has grown and the amount investors can save into pensions has been squeezed.
Both schemes were designed with the intention of directing private risk capital into small UK businesses and helping the British economy grow, so might be considered patriotic investments.
Both offer attractive tax benefits and low correlation to mainstream, large-cap markets (like the FTSE 100), so can be attractive to investors who are looking to reduce tax bills, build diversification into their portfolios and are comfortable with the risks involved.
VCTs and EISs are particularly useful for higher-rate taxpayers looking to reduce their income tax bill. They can help investors who want to save for retirement tax efficiently but have used all their pension contribution allowances or who may be close to breaching their pensions lifetime allowance.
Despite these similarities, they each have some distinct features that may make one more suited than the other for individual investors.
For more information and to read the full article, please click here
GET IN TOUCH!
MAIL US
enquiries@growthinvest.comCALL US
020 7071 3945FOLLOW US ON
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.
GrowthInvest is a trading name of EIS Platforms Limited. EIS Platforms Limited (FRN: 694945) is an appointed representative of Sapphire Capital Partners LLP (FRN:565716) which is authorised and regulated by the Financial Conduct Authority in the UK.
All rights reserved 2024 @ growthinvest