The Autumn Budget 2017: VCT & EIS
Venture Capital Trusts VCT and Enterprise Investment Schemes EIS offer attractive tax breaks for investing in smaller companies with up to 30% income tax relief on the investment. VCT can be a useful pension alternative for high earners and EIS can also have a place in Inheritance tax and Capital Gains Tax planning.
After a treasury consultation paper earlier in the year it is thought that the government’s aim is to focus investments on the possibly riskier younger businesses.
There are a number of attractive investment plans currently open and while this type of investment is not appropriate for more cautious clients they can be a useful part of an investment portfolio.
If you would like to discuss the plans available please contact your financial adviser as soon as possible.
01727 85 22 99
mail@kdw.co.uk