Would VCTs be worthwhile with no tax breaks

survey

Results of the latest Incisive Buzz survey

The latest research from Incisive Buzz asks, would there be a valid case for VCTs without the new tax breaks? Comments were as follows: Those who stated yes commented: • For the right client as part of a diversified portfolio the old tax breaks are still worthwhile. • We usually allocate 10%-15% to private equity & V/C anyway. The tax concessions are simply a secondary, added bonus. • The market would be smaller but this is not necessarily a bad thing. • If there were no tax breaks the managers would have to work hard to make sure the investment stood up in its own right. This is s...