Investors are pouring cash into tax-efficient schemes including VCTs and EIS ahead of new legislation that will ban investments into low-risk businesses from receiving generous tax breaks, which could be passed as early as 8 March.
The bill will introduce a "risk-to-capital condition", which will stop investors taking advantage of tax breaks by investing in low-risk venture capital trusts (VCTs) and enterprise investment schemes...
Bought plans in 1988 and 1989
To be added to model portfolio service
Launched 25 September