Venture capital trusts (VCTs)

A Venture Capital Trust (VCT) is an investment company broadly similar to an investment trust. It will be quoted on a regulated market and will have to invest at least 70% of its assets in companies that would qualify under the EIS, and must distribute most of its income by way of dividend. It must be able to demonstrate a spread of investments: none can account for more than 15% of the value of its portfolio. There are other conditions for VCTs.

This content is only available to our registered users.

Please log in or create a free account, to gain access to our extensive business, personal and tax guides.

Gibson Booth Associates

Salary Solutions

payroll bureau

Financial Planning

Avensure

employment law