How do I buy a VCT?
To apply for your chosen VCT please download the prospectus (which must be read before investing) in the current VCT offers section, complete the application form at the back, and return it along with your cheque to Hargreaves Lansdown.
VCT managers periodically seek to raise new money from investors. Investments made during these offer periods qualify for 30% income tax relief on the amount invested. Because VCT managers seek to raise a fixed amount of capital and shares are allocated on a 'first come first served' basis, the most popular VCTs often sell out quickly and if you would like to invest you should consider acting quickly to avoid disappointment. Investors can keep up to date with details of forthcoming VCT launches by signing up to our VCT alert service. As one of the UK's largest VCT brokers we have negotiated a range of discounts on leading VCT offers, usually in the form of extra shares.
Whilst VCTs can be purchased on the open market the 30% income tax relief is not available for VCTs purchased on the open market, but they still count towards the £200,000 limit for the tax year in question. Furthermore, because there are very few buyers and sellers of VCT shares in the secondary market, liquidity is poor.