VCTs/EIS

Hargreave Hale is seeking to raise £20m for its VCT range from new and existing investors.

Guinness Asset Management has launched the Guinness AIM EIS 2014, which is targeting capital growth and aims at investing in AIM-listed companies which qualify for EIS reliefs.

The Treasury has updated guidance on VCTs in order to ensure the vehicles can allot shares for the 2014-15 tax year.

Mark Wignall from Mobeus Equity Partners, Andrew Garside from Baronsmead and Tim Levett from NVM Private Equity discuss the latest VCT trends with Alice Murray.

Venture Capital Trusts have been hoarding investor cash after an error from HM Revenue and Customs left the vehicles afraid of issuing new shares.

LEADER

People looking to establish tax avoidance schemes will have to pay due taxes to HMRC upfront before applying to get it back through the courts, Chancellor George Osborne has announced.

HM Revenue & Customs has withdrawn VCT approval for the Oxford Technology trust after it was found to have breached rules over the amount it held in a single firm.

ENTERPRISE INVESTMENT SCHEMES

VCT, EIS and Seed EIS offer advisers great tax planning and investment opportunities for their clients, particularly in the run up to the end of the tax year. But how do advisers ensure they get the right scheme to meet the needs of their client?