Several sectors present exciting opportunities for VCT investment.
Cleantech, deeptech, and B2B software are areas showing significant promise, aligning with government priorities like green growth. Cleantech, in particular, offers a path to a low-carbon economy, which is crucial for the UK’s future competitiveness.
These industries are primed for long-term growth, potentially offering substantial returns for patient investors.
Positioning for the future
As VCTs continue to play a crucial role in fostering UK innovation, advisers are instrumental in educating clients on the benefits and risks of these investments.
While tax relief remains a significant draw, it is available because VCTs are high risk and only appropriate for certain investors.
Importantly, advisers can help such clients realise the VCT opportunity: the potential for long-term growth and diversification while supporting the UK’s future prosperity.
William Fraser-Allen is managing partner at Albion Capital
