Autumn Statement 23: VCT and EIS sunset clauses extended by a decade

To April 2035

Cristian Angeloni
clock • 2 min read

The UK Government will extend the existing sunset clauses for enterprise investment schemes and venture capital trusts.

In today's (22 November) Autumn Statement, the government said it will extend these by a decade to 6 April 2035, after the Treasury confirmed last month the clauses would be extended to April 2025. Association of Investment Companies chief executive Richard Stone said the extension was "excellent news" addressing "an urgent issue, as the sunset clause would have automatically ended VCT tax relief in April 2025". He said the move will help provide certainty to investors and businesses as well as enable VCTs to "continue supporting UK growth companies". "VCTs play a vital role in pro...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Tax planning

Pensions and IHT - is gifting the best option?

Pensions and IHT - is gifting the best option?

‘Advice will be more valuable than ever’

Lisa Webster
clock 22 August 2025 • 3 min read
'Still time' to reconsider IHT/pensions as receipts continue climb

'Still time' to reconsider IHT/pensions as receipts continue climb

But government likely to ‘stubbornly stick’ with proposals, expert says

Jen Frost
clock 21 August 2025 • 3 min read
Financial 'complexities' deterring wealthy families from leaving charitable legacies

Financial 'complexities' deterring wealthy families from leaving charitable legacies

Advisers urged to guide clients as IHT benefits of giving remain underused

Sahar Nazir
clock 20 August 2025 • 2 min read