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VCT Tax Benefits
VCTs provide investors with a combination of tax advantages unmatched by any other investment product in the UK. Edge Performance has been granted provisional approval as a VCT by HM Revenue & Customs. This status confers the following benefits on Shareholders:
Income tax relief at 30% – Qualifying Investors will receive tax relief of up to 30% of the amount subscribed for Shares issued pursuant to the Offers in respect of subscriptions not exceeding £200,000 in any one tax year, provided the Shares are held for at least five years (if sold within this period the relief granted will be withdrawn).
This means that for every £10,000 invested £3,000 can be reclaimed from the tax man so your investment of £10,000 effectively only costs you £7,000 supported by assets, after the initial costs of the Offers, worth 35% more before the Company even makes its first investment. |
| Example | £ |
| Investment in Shares | 10,000 |
| Less income tax relief at 30% | 3,000 |
| Net cost of investment | 7,000 |
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Tax-free dividends, capital distributions and capital gains – in respect of investments not exceeding £200,000 in any one tax year, dividends and gains on disposal of the Company’s Shares under current tax legislation are exempt from tax.
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