Northern Ventures Managers (NVM) has published a new edition of its VCT tax guide just after announc...
Northern Ventures Managers (NVM) has published a new edition of its VCT tax guide just after announcing a £25m share issue by Northern 2 VCT, which is due to close on 5 April. According to Alastair Conn, managing director of NVM, the UK tax payer routinely misses out on billions of pounds in unclaimed tax allowances. However, VCTs are building up a strong following among private investors. In the 1999/2000 tax year some £250m was raised and it looks as if this year's total will exceed £400m. Conn said: "Our tax guide has been designed to help investors understand the tax breaks availa...
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