CH8 - VCTs Flashcards
1
Q
Venture Capital Trusts (VCTs)
If a taxpayer subscribes for VCT shares, a tax reducer is given, being a percentage of the lower of: ?
A
- the amount invested, or
- £200,000.
For 2023/24, the percentage is 30%.
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Venture Capital Trusts (VCTs)
If a taxpayer subscribes for VCT shares, a tax reducer is given, being a percentage of the lower of: ?
For 2023/24, the percentage is 30%.