A VCT is a tax-efficient investment company listed on the London Stock Exchange ("LSE"). VCTs were introduced by the Government in 1995 to stimulate investment in smaller UK companies and now have assets of over £6 billion invested.
Investors in VCTs are rewarded with income tax relief and tax-free dividends. Foresight currently has three VCTs. Use the navigation box to find out more.
To learn more about VCTs, and the risks and benefits involved, watch our short video.
Investors in VCTs benefit from the following tax reliefs
30% income tax relief
30% income tax relief applies for investors subscribing up to a maximum of £200,000 in any tax year (subject to holding the investment for a minimum of 5 years).
Dividend income paid by the Company is not liable to income tax.
Capital Gains Tax relief
Any capital growth on disposal of shares is free of Capital Gains Tax.
Capital is at risk. The value of an investment and any income from it can fall as well as rise and investors may not get back the full amount they invest. VCTs should be considered longer-term investments and may be higher risk and more difficult to realise than other securities listed on the London Stock Exchange. Tax reliefs are dependent on the VCT maintaining its qualifying status and on investors’ individual circumstances. Current tax rules are subject to change. Past performance is not a reliable indicator of future performance. Foresight Group LLP does not provide advice and the information on this website should not be construed as such. We recommend investors seek advice from a regulated financial adviser. Investors should only subscribe for shares in a VCT on the basis of information contained in the prospectus and Key Information Document.
Foresight Group LLP is authorised and regulated by the Financial Conduct Authority (FRN: 198020).