venture capital trusts

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A Venture Capital Trust (VCT) is a tax efficient corporate vehicle; the first types of which were introduced by the UK government in the 1990’s to encourage investment in new businesses.

 

The tax breaks associated with investing in a VCT offer investors an incentive for investing in new companies which might otherwise have been perceived to be too risky.

 

The team at White & Black has specialist knowledge of the rules surrounding VCTs and can ensure that investee companies continue to satisfy the conditions for approval for a VCT (as failure to do so can retrospectively negate the tax breaks received by investor).  We can advise both VCTs and their investees on these rules and on the terms of any investment by a VCT.