Because VCTs are worth it

vcts

VCTs may not offer 40% tax relief after April 2006, but they are still worth considering because their returns are achieved in a tax free environment and they often achieve better yields than most pension fund products

For the tax year 2004 to 2005 the VCT market succeeded in raising over £500m following the introduction of revised tax reliefs in the March 2004 Budget. The boost that was intended to stimulate the market from the 2002 to 2003 low point for investment into higher growth unquoted and Aim traded companies has worked. Many commentators believe the same level of investment from private investors will be achieved in the current fiscal year. The key question now is how will VCTs shape up beyond April 2006? The revisions have so far had a number of significant impacts, notably in attracting ...