This is a vehicle that allows investors to back fast growing, early stage companies via a trust structure that is listed on the London Stock Exchange.

Since this is a high risk investment there are tax breaks available including a maximum 30% rebate of your initial investment (subject to conditions) and a capital gains tax exemption on any profit that you make. The risky nature of the investment makes VCTs suitable for sophisticated wealthy investors who can afford to take a long-term view and weather a substantial loss of capital.

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