Key dates for our investments at tax year end – 2023/24
Tax year end is a busy time. To be as helpful as possible, we’ve put the key dates you must be aware of for each tax-efficient investment we offer.
| Product | Key dates | Next steps | |
|---|---|---|---|
| Enterprise Investment Scheme |
Octopus Ventures Knowledge Intensive EIS Fund 23/24 |
5 April 2024, 12 pm Deadline for applications and cleared funds Important: cheques and non advised/direct applications must be received by 28 March 2024. |
Find key documents and apply online |
| Venture Capital Trusts | Octopus Titan VCT | 2 April 2024, 5 pm Deadline for applications and cleared funds Important: cheques must be received by 28 March 2024 The fundraise will close when capacity is reached, or on 2 April 2024, whichever comes first. |
Find key documents and apply online |
| Octopus Future Generations VCT | 2 April 2024, 5 pm Deadline for applications and cleared funds Important: cheques must be received by 28 March 2024. |
Find key documents and apply online | |
| Business Relief | Octopus AIM Inheritance Tax ISA | 5 April 2024, 12 pm Deadline for applications and cleared funds to be included in the tax year. |
Find key documents and apply online |
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 webinar: Investment opportunities in the current economy
As tax year end approaches, tune in to learn how you can add value to clients in a changing economy, get the latest insights into the venture capital market, and understand why we believe now is an exciting opportunity to invest in UK startups.
The webinar aired on Tuesday, 27 February.
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.