Calculus VCT – zero initial fee offer

Normal initial fees of 3-5% waived for a limited period in the run up to the end of the tax year.

Award-winning Enterprise Investment Scheme (EIS) and Venture Capital Trust (VCT) specialist, Calculus Capital, is waiving initial fees on its VCT until the end of March.

Calculus is looking to raise £10 million which it will invest in new companies and to provide additional funding to existing companies in its EIS and VCT portfolios. The Calculus VCT is expected to be invested in a diversified portfolio of 30-40 companies. Investors can commit from £5,000 to £200,000.

Calculus launched its first VCT over a decade ago and has consistently hit its dividend targets. It is aiming to deliver an annual tax-free dividend of 4.5% as well as long-term growth. 

Benefits of VCTs

  • You can invest up to £200,000 a year into a VCT
  • Investors can claim an income tax deduction of 30% on the amount invested (assuming they have earned that amount in a year)
  • Dividend payouts from a VCT are tax-free
  • Gains are free of CGT
  • Investments must be held for at least five years

The deadline for the 2020/21 tax year is 31 March 2021 for a 1 April allotment. The deadline for 2021/22 tax year is 27 August 2021.

From 1 April, Calculus’ normal fees will apply – 5% for those investing direct, 3% for those applying through a professional adviser.

For more information get in touch with the Investor Relations team on 020 7493 4940 or [email protected].