Earnr AI, your new tax assistant, is here. Check it out now!
Stressed by tax?
Get Earnr Pro

Venture Capital Trust

[ˈvɛnʧə ˈkæpɪtl trʌst]



A Venture Capital Trust is an investment fund specialising in early stage businesses. Investors in a VCT can receive income tax relief and tax-free dividends.

More detail:

A Venture Capital Trust is an investment company that specialises in investing in small and early stage companies. The investment managers in control of these funds believe that these small companies have a high growth potential.

A Venture Capital Trust provides capital for these growing businesses. They are often run by individuals who have run successful startups in the past so a Venture Capital Trust can also provide guidance, and give the businesses the best chance of succeeding.

A Venture Capital Trust can provide a Tax-efficient method of investing. Individuals can invest up to £200,000 per year while receiving a 30% Income Tax relief. Individuals can also receive tax relief on income from dividends.

HMRC must approve the VCT and the VCT must invest in unlisted companies.

Back to Taxionary

You might also like...

decorative image for a blog

Submit your 22/23 Tax Return Before January 31st

January 31st is the deadline for submitting 2022/23 tax returns. It's a good idea to complete your tax return ahead of this deadline to avoid mistakes and potential penalties. This article shows why its a good idea to submit your tax return early and how Earnr can help you if you are stuck.

Read more
decorative image for a blog

We asked Earnr AI why you should use Earnr…. here’s what it said…

We recently introduced our newest addition to the Earnr team; our AI chat bot, Earnr AI. In this article we put Earnr AI to the test and asked it why you should use Earnr as your tax companion, bookkeeping tool and tax return assistant. Read it's excellent response!

Read more
decorative image for a blog
December 20, 2023
Tax essentials

Why should you submit your tax return over the Christmas period?

The festive period is often thought of as the busiest time of the year with the run up to Christmas and New Year. Whilst this period can feel hectic at times, it can also be seen as the perfect time to complete your tax return. In this article we explain why this Christmas time is the best time to submit your 22/23 tax return.

Read more
Earnr logoDownload earnr