VCT Flashcards by Phil Lopez

Q

Max investment by a person

A

£200,000 pa

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Q

Max funds raised by company

A

£5million in 12 months

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Q

Max employees in company

A

Quoted company and 250 employees

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Q

% IT reducer

A

30% of amount subscribed

Dividends are tax free

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Q

Gains benefits

A

TAx free gain if sold after 5 years

Can’t postpone gain

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