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Tax Insider Tip: Attract Investment From A Venture Capital Trust

14th Apr 2014
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The Venture Capital Trust (VCT) scheme was introduced to help smaller higher risk companies whose shares are not listed on a recognised stock exchange raise funds. Income tax relief is given to investors at a rate of 30%. An investor can invest up to £200,000 a year in a VCT. Capital gains tax relief on disposal may also be available.

To attract VCT investment the company must meet certain conditions regarding its trading activities, its gross assets, its independence and its subsidiaries.

Companies that meet these requirements could consider tapping into VCT funding.

 

This is a sample tip taken from our 136 page guide:
101 Ultimate Tax Strategies Revealed.

Click here to receive a free copy of this tax saving guide today!

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