Venture Capital Trusts and Enterprise Investment Schemes are suitable only for experienced, sophisticated or high net worth investors who accept that they may get back significantly less than the original investment. These represent a much higher risk than investing in larger well-established listed companies listed on the FTSE All Share Index and are inherently more illiquid.
The legislation surrounding VCTs and EISs and, as a result, their tax treatment, is subject to individual circumstances, may change in the future and could apply retrospectively.
The levels and bases of taxation, and reliefs from taxation, can change at any time. Tax reliefs are dependent on individual circumstances.