Jack Rose: Banging the drum for tax-efficiency

Revisit sector structure

clock • 4 min read

The tax-efficient sector has a convincing message that deserves a wider hearing so, argues Jack Rose, every opportunity should be taken to talk up the benefits for both investors and the wider economy

Despite fears to the contrary - and regardless of historically high levels of uncertainty affecting the UK investment sector - the tax-efficient space enjoyed a successful year in 2018/19. In fact, looking purely at the venture capital trust (VCT) sector we can see it was another record year. Funds across the space raised a record £731m, according to the data from the Association of Investment Companies - the second highest amount since the tax shelters were launched in 1995. Whether it is VCTs, Enterprise Investment Scheme (EIS), seed EIS or even business property relief, the logic of e...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Tax Planning

Advisers see higher client demand as tax changes and rumours cause confusion

Advisers see higher client demand as tax changes and rumours cause confusion

See opportunity to provide ‘much-needed’ clarity

Isabel Baxter
clock 23 April 2025 • 2 min read
HMRC to raise £110m per year by cutting IHT relief on AIM shares

HMRC to raise £110m per year by cutting IHT relief on AIM shares

Will make gifting a more attractive option to investors

Isabel Baxter
clock 22 April 2025 • 2 min read
Advisers worry about pension and IHT changes as clients feel impact

Advisers worry about pension and IHT changes as clients feel impact

Advice landscape has ‘fundamentally shifted’

Isabel Baxter
clock 20 March 2025 • 2 min read