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...

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