IT Special: Top performing VCT sectors revealed

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Annabel Brodie-Smith of the Association of Investment Companies (AIC) reviews recent developments in the VCT sector and assesses future investment opportunities.

As the door to another tax year comes to a firm close- and with it another round of fundraising VCT providers will be heaving a sigh of relief and then taking a deep breath in readiness for the year ahead. Recent amendments to the rules governing the sector have kept VCTs in the spotlight and they are likely to remain there until those rules are finalised later this year. Changes proposed in this year’s Budget also promise to widen the parameters of companies which qualify for VCT investment and these changes are currently under negotiation with the European Commission. The current ceil...

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