Darius McDermott: Choosing venture capital trusts to suit the new rules

After returning from a relaxing beach break with the family over Christmas, I was catapulted back into business last week with a bombardment of client calls about the 2016/17 tax season. Many of you may also have clients who have already maxed out their annual ISA and pension allowances and are casting about for other options. One potential addition to a high net worth portfolio, which many clients in that bracket may not yet have considered, is a venture capital trust (VCT). As a quick reminder, VCTs can be an incredibly tax-efficient vehicle, offering as they do 30% income tax relief o...