Budget: VCT tax break cut to 30%
The Chancellor of the Exchequer has cut the tax break on venture capital trusts to 30% from 40%, and doubled the number of people eligible.
Some analysts were predicting larger cuts in VCT however. With the VCT market worth more than £500m last year, a larger figure will be expected this year as investors attempt to take advantage ofOnly users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
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