For professional advisers and paraplanners only. Not to be relied upon by retail clients.
Helen has a property portfolio. She’s been investing in property to help fund her retirement.
She’d like to enjoy a tax-efficient income when she retires, but she doesn’t feel ready to sell her properties and face a large capital gains tax bill.
Helen, like any client with a buy-to-let portfolio, will have found herself squeezed by government legislation. The decision to phase out mortgage interest tax relief has already begun to hit landlords’ income across the country.
But for clients comfortable with the risks, venture capital trusts (VCTs) could be a way to lessen the impact.
This blog post from Octopus looks at how landlords can use a VCT investment to make their rental income more tax-efficient.
Read the blog HERE
If you’re thinking of recommending a VCT to your client, Octopus Apollo VCT is currently fundraising. You can learn more about the VCT, and hear from the team behind it, in this webinar on Tuesday 3 September at 11am.
Register for the webinar HERE
Key VCT risks:
- The value of a VCT investment, and any income from it, can fall as well as rise. Investors may not get back the full amount they invest.
- Tax treatment depends on individual circumstances and may change in the future.
- Tax reliefs depend on the VCT maintaining its VCT-qualifying status.
- VCT shares are by their nature high risk, their share price may be volatile and they may be hard to sell.
VCTs are not suitable for everyone. Any recommendation should be based on a holistic review of your client’s financial situation, objectives and needs. We do not offer investment or tax advice. This advertisement is not a prospectus. Investors should only subscribe for shares based on information in the prospectus and Key Information Document (KID), which can be obtained from octopusinvestments.com. Issued by Octopus Investments Limited, which is authorised and regulated by the Financial Conduct Authority. Registered office: 33 Holborn, London, EC1N 2HT. Registered in England and Wales No. 03942880. Issued: August 2019. CAM008620-1908