Fundraising levels for venture capital trusts (VCTs) are up 53% in the 2016/17 tax year to date compared with levels in the previous year. As at 31 December 2016, £169.5m had been raised into VCTs in contrast to the £110.8m that was raised in VCTs by the same point the previous year, LGBR Capital’s Jack Rose explains why advisers shouldn’t leave VCT business to the last moment.
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