News
The changing face of VCTs
It was announced in the Autumn Budget 2017 that the 2017/18 Finance Bill would include a new ‘principles based approach’ to identify lower risk activities that should not benefit from the tax reliefs. In accordance with the Finance Act 2018, the ‘risk-to-capital condition’ applies to investments made on or after 15 March 2018.
December 19, 2019
