Views on tax breaks available on VCTs

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Responses to the latest Incisive Buzz survey

• Too risky, even with the tax breaks. • Still well worth considering for a client with the right risk profile as part of a diversified portfolio. The tax breaks are the icing. • We are recommending Close Brothers, which have an excellent track record and are pleasant to deal with. • You should consider the merits of the investment scheme and then consider the tax breaks. If the investment profile does not attract, do not invest. • Not for the faint hearted, but as part of a well balanced portfolio. • The tax tail should never wag the investment dog. Many poor VCTs will be launched and...

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