Financial Times FT.com

Tax breaks direct funds into firms

By Elaine Moore

Published: February 23 2008 02:00 | Last updated: February 23 2008 02:00

Interest in enterprise investment schemes (EISs) is outstripping that of venture capital trusts (VCTs), as investors reassess the tax advantages of the different plans.

Commentators predict that more money will be put into EIS discretionary managed funds this year than will be invested in VCTs.

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