Watch VCT discounts urges Bestinvest

Hugh Rogers, VCT analyst, says the issue of discounts has been brought to the fore because of the current window of investment opportunity following changes to VCT rules announced in the Budget. ”There’s a huge range in there,” Rogers says of the discounts numbers. ”Our advice to investors is to look at the past performance of discounts management.” With a new maximum annual investment limit of £200,000 and a 40% tax-back promise from the chancellor, many more investors are keen to buy and hold for the minimum three-year term under the new rules – at least, that is what the flurry ...