Allenbridge figures suggest VCT choice a bridge too far

Figures from Allenbridge Tax Shelter Report suggest totals raised so far in the 2004-5 tax year are around the £150m mark, against a current overall target of nearly £800m. Targets will be missed, although bigger or more well-established brands in the market may be more likely to meet their goals, says Tax Shelter analyst Richard Allen. Even as the number of new offers looks set to take the total target towards the £1bn mark, Allen says his organisation is working on the assumption the actual total raised will be somewhere between £400m to £450m. This makes the role of the IFA even...