VCT capacity under pressure following Budget announcement

Open for investment: Foresight Technology VCT and Foresight Ventures VCT

The Autumn Budget has introduced major changes for Venture Capital Trust (VCT) investors.

From 6 April 2026, the upfront income tax relief on VCT investments will fall from 30% to 20%. This makes the current tax year your last chance to secure the full 30% relief on qualifying VCT subscriptions.

Unsurprisingly, this announcement has triggered a surge in demand. Industry sources reported a 538% spike in VCT applications immediately after the Budget, as investors race to lock in the higher rate before it disappears.

Foresight currently has two VCTs open for investment. Both offers include a 1.5% discount on the initial fee for all applications received before 31 December.

Foresight Technology VCT

An exciting portfolio of early-stage deep-tech and engineering companies with innovative and potentially transformational technologies
 

Foresight Ventures VCT

A portfolio of emerging tech growth companies developing both hardware and software, focussed on solving global challenges with large market potential
 

Why act now?

• Limited market capacity – allocations are filling fast
• Tax year-end planning – secure 30% relief before 5 April 2026
• Tax-free dividends and growth – additional benefits remain unchanged

For more information on Foresight VCTs, contact your local Business Development Manager to set up a meeting, or use postcode search to find your local expert.

Need more help:

​​​​​​Contact Foresight 
E: [email protected]
D: +44 (0)20 3667 8199
W: foresight.group