VCT funds raised for the tax year 2006-2007 have fallen to just over a third of the amount raised the year before, according to research by Allenbridge Group.
The total for the tax year 2006-2007 is £269.32m, a huge drop from £790.4m in 2005-2006. The Budget changes to the VCT rules account for the drop in funds this year, with the Chancellor reducing the...
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£15bn investment gap
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