Darius McDermott: Three reasons to invest in VCTs ahead of the Budget

Unseasonal fund-raisings

clock • 3 min read

VCTs currently offer a very attractive combination of tax reliefs and, argues Darius McDermott, the potential threat the upcoming Budget poses to this set-up is a prime reason to buy into them now

The Autumn Budget is now just a couple of weeks away. Whether it is the excitement of playing along to ‘buzzword bingo' or guessing the colour of the Chancellor's tie - or perhaps you are even genuinely interested in what is being said - it remains one of the most highly anticipated events of the financial services sector's year. While Twitter tends to go mad with banter and people trying to be first to tell their followers what has been said, though, more often than not it can be a damp squib for investors. Having said that, occasionally a raft of changes are announced that will have po...

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