Calculus Capital is to waive initial fees on its VCT until 5th April 2022, making it one of the most attractive in the current marketplace.

Click here to download the Calculus VCT Brochure

Most providers charge “promoter fees” of between 3% and 5% and Calculus will waive this fee if a subscription is made before 5th April 2022.

The Calculus VCT, which invests alongside Calculus EIS funds, is aiming to deliver an annual dividend of 4.5% of NAV. VCT investments attract 30% income tax relief if held for five years. Dividends are tax free too, and there is no capital gains tax on the sale of shares.

The Calculus VCT offers investors a diversified portfolio of companies across three main sectors – technology, healthcare and media. Investors can commit from £5,000 to £200,000.

Calculus, which is looking to raise £10 million with an over allotment facility of £5 million, has only ever invested in growth companies and has an exciting investment pipeline.

After 05 April Calculus’s normal fees will apply – 5% for those applying direct, 3% for those applying through a professional adviser.