- VCTs have raised plenty of money so far but plenty of question marks remain
- The treatment of pensions and capital gains tax could be a gamechanger for future offers
Venture capital trust (VCT) fundraising has kicked off in earnest for the 2024-25 tax year, but uncertainty around the future tax regime has brought on a wait-and-see approach.
Fundraising has looked pretty healthy on the surface, with some 16 trusts seeking investor cash at the time of writing.