Diana French: Always look under the bonnet when investing in VCTs
Triple Point’s retail strategy director, Diana French, shares Triple Point’s Venture VCT strategy
Triple Point’s retail strategy director, Diana French, shares Triple Point’s Venture VCT strategy
A record £1.13bn was invested in VCTs the 2021/22 tax year and £1.08bn invested in the 2022/2023 tax year
Move follows £80m fundraise last year
As capacity is filling up faster than previous years
Key Points of Autumn Statement
What to look at – and when – to mitigate the rush of activity that can otherwise come at the end of the tax year
They have been labelled the ‘next sensible step in tax management’
Favourable tax elements should be a secondary consideration
Income tax relief ‘beneficial for high net worths’ constrained by limits on pension contributions
Diversification is a key area for investors who are looking to boost their retirement pot
Venture Capital Trust (VCT) funding has reached its highest level in more than a decade with three weeks still to go before the end of the tax year, according to figures from Wealth Club.
CoInvestor has added funds to its platform to expand its existing service that allows direct and advised investors to co-invest alongside tax-efficient fund managers on the same terms.