Tom Hopkins: A yo-yo year for tax-efficient investments

More ups than downs

clock • 6 min read

Tom Hopkins reflects on the ups and downs of the tax-efficient investment market in 2016/17 and, in the light of what on balance has proved a mostly 'up' year, considers what could happen over the coming 12 months

It is hard to think of a tax year that saw more challenges and changes in the world of tax-efficient investment than 2016/17. It was the first full tax year following changes to HM Treasury and HMRC rules. The result of these changes - including the age of investible companies now having to be less than seven years - has generally seen the overall risk profile of tax-efficient investments increase and the market fragment. From where we sit at Kin Capital, the highlights of the year were headed by the obvious fact venture capital trusts (VCTs) moved further towards the mainstream, with...

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 Investment

Advisers expecting more of asset managers since Consumer Duty

Advisers expecting more of asset managers since Consumer Duty

‘We actually need to understand one another better’

Hope Coumbe
clock 28 March 2024 • 1 min read
Fears tech limitations could stall MPS on its upward trajectory

Fears tech limitations could stall MPS on its upward trajectory

‘There have been a few changes and challenges around growth in general’

Hope Coumbe
clock 27 March 2024 • 1 min read
Partner Insight: Beyond 60/40

Partner Insight: Beyond 60/40

Invesco
clock 27 March 2024 • 5 min read