VCT and EIS

This section provides an analysis of the tax reliefs afforded by Venture Capital Trusts and the Enterprise Investment Scheme, and highlights the important differences between the two schemes. These schemes provide considerable tax reliefs, although, as ever, professional advice must be sought before making investments that qualify for these reliefs.

 These products are not regulated by the FSA nor covered by the Financial Services Compensation Scheme. There is no access to the Financial Ombudsman Service so legal action might be the only route available in the event of a dispute. There are no cancellation rights in respect of these investments. Investments can go down as well as up and you may not get back the full amount invested.