Budget 25: VCT sector blindsided by 'appalling' tax relief cut to 20%

Investment limits doubled

Cristian Angeloni
clock • 3 min read

The industry has called for an urgent rethink of Chancellor Rachel Reeves' plans to cut upfront income tax relief for VCTs from 30% to 20% as of April 2026, amid concerns about a hit to fundraising.

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