Understanding Venture Capital Trusts (VCTs)

Correction One of our brilliant listeners wrote in to point out an inaccuracy in the original podcast. We've removed the inaccuracy, in which the guest said you can roll previous capital gains into a VCT. In fact, while gains made from a VCT can be CGT free, you CANNOT roll over capital gains on other assets you have sold into a VCT. We will also address in the next personal finance episode. 

On this week’s personal finance edition of Merryn Talks Money, host Merryn Somerset Webb speaks with Tony Dalwood, Chief Executive Officer of Gresham House, a specialist alternative asset manager, about Venture Capital Trusts (VCTs)—what are their benefits and when they are best employed.

Note: Listeners should always take advice before investing. 

See omnystudio.com/listener for privacy information.