Ndubuisi 'Andy' EgwimMoney Coach for Medics|Ex-NHS GP|21+ Yrs Investor| Founder, MoneyWiseDoctor.com|Helping Medics Avoid Big Money Mistakes

Unlock Tax Savings! || VCT Investment Benefits Explained Like Dragons' Den

31 Jul 2025 · 1 min

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Short YouTube explainer (speaker: Ndubuisi 'Andy' Egwim) linking the TV programme Dragons' Den to Venture Capital Trust (VCT) tax relief. The speaker states that VCT investments qualify for a 30% income tax relief and gives a numeric example: investing £1,000,000 could allow a claim of £300,000 (described as '30% back' of tax paid). The clip defines VCT as 'Venture Capital Trust' and frames the relief as government 'tax back' for investing in entrepreneurial companies.

Questions this video answers

30%.

A claim of £300,000 (30% of £1,000,000).

Venture Capital Trust.

Chapters

Dragons Den is one of the best tax relief programs. When you watch Dragons Den, they're not just helping like some poor, you know, entrepreneurs struggling. And they're putting money. Listen, it's a venture capital trust. And when they put in their money, they get 30% back of any tax they've paid. For instance, if you put in a million pounds into a deal, they can go and claim 30% of a median that's 300,000 from any tax they've already paid. So I call it tax back, the same way you say cash back, like the government gives you. Okay, take back this tax because you are investing in this type of company that is, like, for entrepreneurs. So that's vct, Venture Capital Trust.