Adventurous investors can experience a boost in cash through venture capital trusts offering 30% tax relief



Anyone investing in a new venture capital trust – or a new share issue by an existing trust – gets a big tax incentive to do so. They receive 30 per cent tax relief on their contribution.
So a £10,000 investment will cost them only £7,000. In the current year, the maximum that can be invested is £200,000. Investing in an existing trust – other than through a new issue of shares – does not qualify an investor for tax relief, though it does count towards their £200,000 annual limit.
The tax relief does not come without conditions. It has to be paid back if an investor sells their holding... read more

 
22 October 2017 in Business, Views: 58
Source: Daily Mail
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