Venture Capital Trust (VCT)
Does anybody have much experience with putting money in a VCT in the UK? Looks like if you've got money to put in (and split it up over multiple years appropriately), the 30% income tax relief (for shares issued in the tax year) makes the risk of capital losses pretty negligible. Also, the lack of Capital Gains Tax on VCT (if held for over 3 years) looks pretty good.
Anybody with experience of similar products?
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