Venture Capital Trust (VCT)

A venture capital trust (VCT) is a tax-efficient, UK closed-end collective investment scheme designed to provide venture capital for small expanding companies, and income (in the form of dividend distributions) and/or capital gains for investors.

Your capital may be at risk. The tax treatment is dependent on individual circumstances and may be subject to change in future.  In addition, the availability of tax reliefs depends on the companies invested in maintaining their qualifying status. Please refer to the HM Revenue & Customs website for further guidance on the tax relief available on VCT investments.