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

'A valuable supplement to traditional retirement and pension plans'

clock • 4 min read

Investors are facing a challenging economic climate with rising taxes and inflation putting pressure on investment returns, Jack Rose writes…

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...

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