UK investors rush to venture capital trusts ahead of Budget Investing Two venture capital trusts (VCTs) have raised £90m in just 45 days as investors rush into the vehicles ahead of a potential hike in capital gains tax at the Budget. Capital gains tax currently sits at 20 per cent but rumours are spreading that the levy could be lifted by Rachel Reeves’s at her first [...]
Investors pounce on start-up incentive scheme amid fears of Labour tax rises Investing Flows into a government-backed scheme offering tax reliefs for investors in UK start-ups have surged since the general election, new data has revealed, as fears grow of possible tax rises under the new Labour government.
Venture Capital Trusts prepare for funding surge as tax year closes INVESTING As the tax year draws to a close, Venture Capital Trusts are readying for the late surge of investment into their pockets.