What you need to know about investing in a VCT and the 30% tax break

Venture capital trusts offer the opportunity to invest in some of the UK’s most exciting small growth companies and a juicy 30 per cent tax break.

By pooling investors’ money into investment funds managed by specialist managers, VCTs offer a way to spread your risk while supporting the small businesses that could become the next big venture, with past examples such as Zoopla, Depop and Five guys.

But they say you should never wag the tax tail, so before you put any money into a VCT, make sure it’s right for you.

On this episode of the Investing Show, Simon Lambert and Richard Hunter are joined by Bestinvest’s Jason Hollands, who explains what you need to know about VCT investing – and discusses some of the offerings available.