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What you need to know about investing in a VCT and the 30% tax break

Font size+Author:Culture Connect news portalSource:politics2024-05-21 11:14:00I want to comment(0)

Venture capital trusts offer the opportunity to invest in some of Britain's most exciting small grow

Venture capital trusts offer the opportunity to invest in some of Britain's most exciting small growth companies and a juicy 30 per cent income tax break.

By pooling investors money in investment trusts run by specialist managers, VCTs offer a way to spread your risk while backing the small firms that could become the next big thing, with previous examples including Zoopla, Depop and Five Guys.

But they say you should never let the tax tail wag the dog, so before putting money into a VCT you need to make sure it is right for you.

On this episode of the Investing Show, Simon Lambert and Richard Hunter are joined by Bestinvest's Jason Hollands, who explains what you need to know about VCT investing - and talks through some of the offers out there.

  • What you need to know about investing in a VCT and the 30% tax break
  • Why Temple Bar believes M&S, BP and Royal Mail can deliver profits
  • How Impax EM invests for growth and to improve the planet
  • How to invest to beat tax raids and make more of your money
  • Dividend hero SAINTS' James Dow on investing for income and growth
  • Will the US stock market stumble if rate cuts don't arrive?
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