Venture capital trusts offer the opportunity to invest in some of Britain's most exciting small growth companies and a juicy 30 per cent income tax break.
By pooling investors money in investment trusts run by specialist managers, VCTs offer a way to spread your risk while backing the small firms that could become the next big thing, with previous examples including Zoopla, Depop and Five Guys.
But they say you should never let the tax tail wag the dog, so before putting money into a VCT you need to make sure it is right for you.
On this episode of the Investing Show, Simon Lambert and Richard Hunter are joined by Bestinvest's Jason Hollands, who explains what you need to know about VCT investing - and talks through some of the offers out there.
DIY INVESTING PLATFORMS > Compare the best investing platform for youKevin Costner treats his kids to lunch in Montecito while ex
Miles Russell's historic week continues as 15
Kate Hudson hits the stage to debut songs from her new album Glorious at star
Nicola Peltz breaks her social media silence after missing out on mother
2 brothers condemned to die for the 'Wichita massacre' want a new sentencing hearing
Medics remove 150 MAGGOTS from a woman's mouth after dental procedure left her with rotting tissue
'Classless' fan heckles at wrestler Jordan Burrough at US Olympic trials
Sweden beats France, Britain relegated after losing to Norway at hockey worlds
China to launch new round of joint int'l giant panda conservation cooperation efforts