Policy paper

Enterprise Investment Scheme (EIS) and Venture Capital Trusts (VCT) changes

This tax information and impact note is about changes to the Enterprise Investment Scheme (EIS) and Venture Capital Trusts (VCT) scheme.

• From: HM Revenue & Customs
• Published: 26 November 2025

Documents

Venture Capital Trusts, Enterprise Investment Scheme investment limit increase and restructure

HTML

Details

This measure increases the investment and gross asset limits in the EIS and VCT scheme, and reduces the VCT income tax relief, from 30% to 20%. This measure will take effect from 6 April 2026.

Published 26 November 2025