Current VCT Offers

The table below shows the Venture Capital Trusts (VCTs) that are currently available, together with details of how much money each VCT has raised and our discount which is in the form of additional shares. As we are execution-only brokers, we reduce the cost of purchasing a VCT by rebating the majority of our commission to increase your investment. Before investing in a VCT please be aware of the risk factors associated with these products, some of which include the following:

The value of VCT investments can fall as well as rise and you may not get back the full amount invested. Furthermore, it would be unwise to purchase a VCT purely for the upfront tax relief and try to sell immediately after the minimum five year holding period. It usually takes three years to invest the monies raised and create a portfolio of qualifying investments, which are usually unquoted companies that don't lend themselves to short term horizons. However, this does not usually apply to top-ups where you are investing in a mature portfolio which may have a record of paying out dividend.

VCT Type of VCT Minimum Subscription Initial Charge Before Discount Discount Literature & Forms

Closing Date
19/20 Tax Year

Amati AIM VCT

AIM

£4,000

3%

2%

Investor Guide

Prospectus

Application

KID

16/10/2020

Baronsmead VCTs

Generalist

£3,000

4.5%

2% for new investors (until 30/10/2020)

2.25% for existing shareholders (until 30/10/2020)

Investor Guide

Prospectus

Application

Application Guide

KID 1

KID 2

30/10/2020 for early bird discount

Calculus VCT

Generalist

£5,000

5%

2.5% new investors (until 31/01/2021)

3% existing investors (until 31/01/2021)

Brochure

Prospectus

Application

KID

31/01/2021 for next allotment

Downing ONE

Generalist

 £1000/month or £5,000 

4.5%

3.25% (3.75% for existing shareholders)

Brochure

Prospectus 

Application

Factsheet

KID

11/12/2020 (3pm) for next allotment

Foresight Williams Technology Shares

Technology

£3,000

5.5%

4% new investors (3% after 30/09/2020)

4.5% existing investors (3.5% after 30/09/2020)

Application

Prospectus

Key Information Document

30/09/2020 for next allotment

Hargreave Hale AIM VCT

AIM

£5,000

3.5%

2.0%

Application

Prospectus

Key Information Document

08/10/2020 for next allotment

Pembroke VCT

Generalist

£5,000

5.5%

3.5%

Application

Prospectus

Key Information Document

31/10/2020 for 1% early bird saving

Puma Alpha VCT

Generalist

£5,000

3%

3% existing clients

2.5% new clients

 

Application

Prospectus

Brochure

KID

30/09/2020 for next allotment

Octopus AIM VCT

AIM

£5,000

5.5%

2.5%

Application

Prospectus

Brochure

KID 1

KID 2

05/04/2021 12pm

Please call 020 7384 7300 if you have any queries or to request literature.

Just to recap, here is a brief summary of the benefits available upon investing in a VCT in the 2020/21 tax year:

  • Income Tax rebate of 30%

  • Exemption from tax on dividends

  • Exemption from Capital Gains Tax on profits made from selling of VCT shares

(#) The 30% income tax rebate is available not just to higher rate taxpayers but also to basic rate taxpayers, so long as you have paid as much tax as you are claiming a rebate for. Individuals aged 18 and over who subscribe for new ordinary shares in VCTs are entitled to claim income tax relief at 30% subject to the amount subscribed in any one year not exceeding £200,000. This tax relief will be clawed back by HMRC should the investment be sold within 5 years of making the investment.