VCT after death

what happens?

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My client died - he owned several VCT shares.  If these are transferred to his wife, does she continue to receive the dividends free of tax?  and also are they still free of  capital gains if she sells them?  I am struggling to find any guidance on this.

Thank you

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By cohen
04th Mar 2024 16:46

Yes, no tax on dividends, and no gains on subsequent sale.
Any VCT deferred gains are also washed out on death.

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