How to use VCTs to boost income

The 2010/11 venture capital trust (VCT) fundraising season was a success, raising £365m – a 6% increase on last year. With so many attractive investment opportunities presently available to VCT managers, a clear investor appetite and a firm commitment to the VCT structure in the last Budget, many providers have extended their fundraising period to accommodate the increased demand. And all this in a sector that, despite VCTs’ well-recognised contribution to job creation in the UK, had been rumoured to be out of favour with the government. VCT investors tend to be high earners with subs...