Venture Capital Trusts – pay less tax and help UK companies grow
We’re big fans of smaller companies. They’re fast growing and forward thinking, and are the engines of growth in the UK economy. The government is right behind them too and provides valuable tax incentives to attract investors. One of the ways it does this is through Venture Capital Trusts (VCTs), which invest in small businesses to help them grow. When you invest in a VCT, you can benefit from:
- up to 30% income tax relief each tax year on investments up to £200,000 (to retain this relief you have to keep your VCT shares for at least five years)
- tax-free dividends
- no capital gains tax
Tax treatment is dependent on your individual circumstances and may be subject to change. Investing in smaller companies isn’t easy, and demands specialist skills and experience. We launched our first VCT in 2002, and have since gone on to become the UK’s largest VCT provider. We now look after more than £400 million for 20,000 investors. Why not have a look at the companies in our VCT portfolio? Read our guide for information on Guide to claiming tax relief on your investment in on or our VCTs
VCTs open for investment this tax year
The following VCTs are currently open for new investment:
Here are a few of the businesses that we love and support:
For more information, or if you’d like to speak to one of the fund managers who’d be investing your money, please call us on 0800 316 2298 or contact us online. Alternatively, you can talk to your financial adviser.
The following VCTs are currently closed for new investment. To access information, including Annual Report and Accounts go to Shareholder Information.
- Octopus VCTs
All Octopus VCTs currently conduct their affairs so that the shares issued can be recommended by financial advisers to ordinary retail investors in accordance with the Financial Conduct Authority’s (FCA) rules in relation to non-mainstream investment products and they intend to continue to do so for the foreseeable future. All Octopus VCTs shares are excluded from the FCA’s restrictions which apply to non-mainstream pooled investment products because they are shares in a VCT.