We’re pleased to share that Neal Lees and Paul Hogarth from our Private Client team have written an article for the FT Adviser exploring how recent Autumn Budget changes to venture capital trusts (VCTs) could affect early-stage investment strategies.

Neal and Paul explain what advisers need to know following the decision to cut upfront income tax relief for VCT investors from 30% to 20%, while significantly increasing investment limits for Enterprise Investment Schemes (EIS) and VCT qualifying companies.

They discuss what the changes could mean for investors – including why some may look to maximise VCT investments before April 2026, and why others may start to favour EIS or Seed Enterprise Investment Schemes (SEIS) instead.

Read the full article here.