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Hargreaves Lansdown launches five online VCTs after Budget tax hikes

Summary by City AM
Hargreaves Lansdown has launched a new online venture capital trust (VCT) investment service following tax hikes introduced in last month’s Budget. The new service will begin by offering five VCTs, which includes two AIM VCTs from Octopus and its Apollo VCT, Blackfinch Spring VCT and Calculus VCT. The news comes following a host of tax changes in the Budget, including a hike to capital gains tax from 20 per cent to 24 per cent. However, profit f…
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