Venture capital trusts (VCTs) and the Enterprise Investment Scheme (EIS) have been available for many years, and they remain as tax efficient now as they have always been. There are risks for investors getting involved with either of these schemes, but provided you take financial advice to understand these fully and have the financial flexibility to invest in the types of companies they are aimed at, they offer good tax advantages such as a reduction in income tax liability, potential tax free growth in value, and the opportunity to hold over other capital gains. (more…)
Personal tax • Personal Taxation • Tax Planning • Tax Relief
Venture capital trusts (VCTs) and the Enterprise Investment Scheme (EIS) have been available for many years, and they remain as tax efficient…
By RJP LLP on 20 July 2021