Professional Adviser was joined by a panel of experts to explore the implications for advisers and their clients of key VCT changes announced in the Autumn Budget, in a recent webinar sponsored by Triple Point.
Our speakers included: Seb Wallace, head of ventures at Triple Point; Nicholas Hyett, investment manager at Wealth Club; and Nick Britton, research and content director at the AIC. The panel discussed the shorter and longer-term implications of plans to reduce upfront income tax relief on VCTs from 30% to 20% from April 2026, while also expanding the VCT investment limits and increasing the size of companies VCTs can invest in. Budget 25: VCT sector blindsided by 'appalling' tax relief cut to 20% Firstly, they discussed how the budget tax relief reduction is likely to hit VCT fundr...
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