Deepbridge have recently concluded an adviser survey that suggests financial advisers utilise the Enterprise Investment Scheme (EIS) investment opportunities more than venture Capital Trusts (VCTs).
When financial advisers were asked whether they tend to use EIS funds or VCTs more often, 11% suggested they only use EIS, compared to only 2% of respondents who us VCTs exclusively.
With a further 31% of respondents suggesting they use both EIS and VCTs equally and a further 26% stating that they use EIS 'predominantly', but do also utilise VCTs when appropriate.
Andrew Aldridge, Partner at Deepbridge Capital and Board Member of The Enterprise Investment Scheme Association (EISA), commented:
"Given last year’s record fundraising by VCTs, you would be forgiven for thinking that they are the primary tax efficient investment planning tool used by financial advisers, but this survey suggests otherwise.
It is reassuring to know that the Enterprise Investment Scheme continues to be a key tool for advisers when tax planning and seeking long-term growth opportunities. Given the current macroeconomic climate, EIS has never been more important for investors, advisers and, critically, the growth-focused early-stage companies for whom EIS funding is invaluable.”
Click here to find out more. (By following this link you will leave the Deepbridge website. Deepbridge takes no responsibility for content on external websites).
Click here to view EIS Vs VCT Document.
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