Why VCTs should play a bigger role in investors' portfolios in 2023

This has led many to increasingly seek out alternative investments that can provide attractive tax benefits, while also supporting up-and-coming businesses. Venture capital trusts (VCTs) are one such investment vehicle that offer investors a number of attractive benefits, including tax-efficient returns, access to high growth companies, and the ability to complement existing long-term investment plans. Recent changes to tax laws, particularly the reduction of the additional rate threshold, has only amplified the need for tax-efficient return options. As traditional avenues for investment...