The VCT Verdict 2026 Report

Following recent reforms to Venture Capital Trusts (VCTs), we asked advisers how they’re responding. Are they changing the way they talk to clients? And what role do they see VCTs playing in the years ahead?

Discover the findings in The VCT Verdict 2026, our research-led report exploring adviser sentiment, emerging opportunities and what the changing market could mean for financial planning.

Prefer to watch?

Join Olly Jaocbs, Key Partnerships Manager and Tim Dickens, Head of Investment specialists at Octopus Ventures for our CPD accredited on-demand webinar to explore how Venture Capital Trusts (VCTs) fit into the 2026/27 tax-planning landscape.

Whether you’re new to VCTs or looking for a refresher, we’ll cover the impact of the recent reforms, where VCTs may still add value for clients, and the client scenarios where they could be appropriate.

Key risks to keep in mind:

• VCTs are a high-risk investment. The value of a VCT investment, and any income from it, can fall as well as rise. Investors may not get back the full amount they invest.
• Tax treatment depends on individual circumstances and may change in the future.
• Tax reliefs depend on the VCT maintaining its VCT-qualifying status.
• VCT shares are by their nature high risk, their share price may be volatile and they may be hard to sell.