VCT Flashcards
1
Q
Max investment by a person
A
£200,000 pa
2
Q
Max funds raised by company
A
£5million in 12 months
3
Q
Max employees in company
A
Quoted company and 250 employees
4
Q
% IT reducer
A
30% of amount subscribed
Dividends are tax free
5
Q
Gains benefits
A
TAx free gain if sold after 5 years
Can’t postpone gain
