Market leading insight for tax experts
View online issue

The Use Of Tax-Efficient Investments For Capital Taxes Planning

John Endacott Tax Partner at Winter Rule asks why Venture Capital Trusts & Enterprise Investment Scheme shareholdings are currently not used to the full as tax-efficient investments
There are certain tax-efficient investments that are widely understood and much used such as pensions and ISAs. However there are others particularly Venture Capital Trusts (VCTs) and Enterprise Investment Scheme (EIS) shareholdings that are not. This article considers why this is so and whether tax and investment advisors are failing to properly advise their clients. All references are to the Taxation of Chargeable Gains Act 1992 unless otherwise stated.
Why the reliefs exist
The EIS was introduced in the Finance Act (FA) 1994 to replace the...
If you are not a subscriber, subscribe now to read this content.
If you are already a subscriber, sign in
Alternatively, you can register free of charge to read a limited amount of subscriber content per month.
Once you have registered, you will receive an email directing you back to read this article in full.