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

Securities Note

Closing Date

19/20 Tax Year

Amati

AIM

£4,000

3%

2% discount

Securities Note & Application

 

CLOSED

British Smaller Companies BSC & BSC2

Generalist

£3,000

4.5%

2% open to existing investors exclusively until 04/01/2019 (ended)

2% open to all investors on 05/01/2019

Securities Note & Application

Application

Notes to application

Investor guide

 

 

CLOSED

 

Calculus VCT

Generalist

£5,000

5%

2.35% until 03/04/2019

2.85% for existing Calculus investors until 03/04/2019

Brochure

Prospectus

Application

Key Information Document

 

 30/08/2019 

Downing FOUR Generalist VCT

Generalist

 £500/month or £5,000 which can be split with Downing FOUR Healthcare

5%

3.25% until 28/12/2018 (ended)

Brochure 

Prospectus

Application

Key Information Document

 

 

 

Allotting in 2019/20

Downing FOUR Healthcare VCT Specialist  £500/month or £5,000 which can be split with Downing FOUR Generalist 5% 3.25% until 28/12/2018 (ended)

Brochure 

Prospectus

Application

Key Information Document

 

 

 

Allotting in 2019/20

Foresight VCT 4 

Generalist

£3,000

5.5%

3%  or 3.5% for existing shareholders

Brochure & Application Forms

Key Information Documents

 

CLOSED

Hargreave Hale AIM VCT

AIM

£5,000

3.5%

1% discount

Brochure & Application Forms

Key Information Documents

 

CLOSED

Maven Income and Growth VCTs

Generalist

£5,000 which can be spread between both VCTs

7%

4.5% discount

Brochure

Security Note & Application Forms

 

 

 

CLOSED

Northern VCTs

Generalist

£6,000 which can be spread between both VCTs

 4%

 2.75% until 31/01/2019 (ended)

2.25% thereafter

Brochure

Application Form

Key Investor Document NVT

Key Investor Document Northern 2

Key Investor Document Northern 3

 

CLOSED

Octopus Titan VCT

Generalist

£3,000 or £1,000/month

5.5%

3.5% for existing investors until 21/01/19 (ended)

2.5% discount

 

Brochure

Application Form

Key Investor Documents

23/04/2019

 

Pembroke VCT

Generalist

£3,000

3.5%

1.5% until 30/11/2018 (ended)

1% discount

Brochure & Application Forms

Key Investor Documents

 

Allotting in 2019/20

ProVen VCTs

Generalist

£5,000 or £2,500 between both VCTs

5.5%

4.5% for new investors until 15/02/2019 or until £5m cap in each VCT (ended)

3.5% for new investors until 15/02/2019 or until £5m cap in each VCT (ended)

 

2.5% thereafter

Securities Note

Application Form

ProVen VCT KID

ProVen Income and Growth VCT KID

 

 

29/04/2019 for next allotment.

Puma VCT 13

Limited Life

£5,000

3%

1% discount

Application Form

Investment Details

Overview

Key Investor Documents

 

CLOSED

Seneca Growth Capital VCT 

Generalist

£3,000 

5.5%

3.25% discount

Application Form

Prospectus

29/04/2019

Triple Point VCT 

Generalist

£3,000

5.5%

 

3.5% until 30/11/2018 (ended)

 

3% discount

Application Form

Brochure

Prospectus

 

22/08/2019 

Unicorn AIM VCT

 AIM

 £2,000

 5.5%

3.5% for existing investors until 01/03/2019. (ended)

 

3.25% for existing investors until 01/03/2019. (ended)

 

3% discount

Prospectus

Application Form

KID

 

 

 

CLOSED

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 2018/19 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.