Tax Efficient Investing – Benefits of VCT’s and EIS’s Part 1

In this video, we look at the different types of tax efficient investment schemes and incentives that may be suitable for you.

Tax mitigation is a way of ensuring that your tax affairs are properly structured so that you don’t pay any more tax than you should. In the UK there are several methods which allow you to legitimately do this, including financial schemes such as Venture Capital Trusts (VCT’s) and Enterprise Investment Schemes (EIS’s).

VCT’s and EIS’s have been used for many years, and they are as tax efficient now as they have always been. Both schemes offer good tax advantages such as a reduction in income tax liability, potential tax-free growth in value, and the opportunity to hold over other capital gains.

Considering the tax benefits involved, it is worthwhile understanding the risks and ensuring you have the financial flexibility to invest in the types of companies these schemes are aimed at.

Our Private Client team is joined by Scott Newbould from MHA Caves Wealth for this webinar, to explain more about these schemes and with real-life case studies to demonstrate the benefits and risks, to help you decide if these schemes are a suitable investment route for you.