Key dates for tax year end 2025/26
To help you plan around tax-year end, please find below some key dates to be aware of.
Venture Capital Trusts
| Product | Deadlines and allotment dates* | Next steps |
|---|---|---|
| Octopus Apollo VCT | 1 April 2026, 5pm Deadline for applications and cleared funds to be included in the tax year. Important: cheques must be received by 26 March 2026. The fundraise for this tax year will close when capacity is reached, or on 1 April 2025, whichever comes first. Shares will be allotted on or before 4 April 2026. | Find key documents and apply online |
| Octopus AIM VCTs | 30 March 2026, 5pm Deadline for applications and cleared funds to be included in the tax year. Important: cheques must be received by 24 March 2026. The fundraise for this tax year will close when capacity is reached, or on 30 March 2026, whichever comes first. Shares will be allotted on or before 3 April 2026. | Find key documents and apply online |
| Octopus Future Generations VCT | Fundraising intention announced – expected early 2026. | Register your interest |
*Deadlines and allotment dates for VCTs are subject to change.
Business Relief
| Product | Deadlines and allotment dates | Next steps |
|---|---|---|
| Octopus AIM Inheritance Tax ISA | 2 April 2026, 5pm Deadline for applications and cleared funds to be included in this tax year. | Find key documents and apply online |
| Internal transfer from Octopus AIM Inheritance Tax Products to Octopus Inheritance Tax Service | 5 March 2026, 5pm We expect to complete transfers submitted on or before 5 March within this tax year. Requests received after 5 March will be processed on a best endeavours basis. | Please complete internal transfer form |
Have you made the most of tax planning opportunities with your clients?
Now’s the time to make sure you’ve done everything you can for clients and helped them use any available allowances.
Take a moment to go through our short tax year end checklist – it might help you spot unexplored opportunities before the tax year ends.
Tax year end support and resources
We’ve created a hub including all the tools and useful resources you need to make your tax planning job easier.
Risks to bear in mind
Capital at risk
The value of an investment, and any income from it, can fall as well as rise. Investors may not get back the full amount they invest.
Volatility and liquidity
VCT, smaller and unquoted company shares could fall or rise in value more than other shares listed on the main market of the London Stock Exchange. They may also be harder to sell.
Qualification status
Tax reliefs depend on VCTs maintaining their qualifying status or portfolio companies maintaining their BR- or EIS-qualifying status.
Tax treatment
Tax treatment depends on individual circumstances and could change in the future.
An Octopus AIM Inheritance Tax ISA is likely to be higher risk than more mainstream stocks and shares ISAs.
Regarding VCTs, 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.