Can existing investors reinvest dividends into the Blackfinch Spring Venture Capital Trust (VCT)?
Yes. Existing investors can choose to reinvest all or part of their dividends through the Blackfinch FlexiDRIS dividend reinvestment scheme. Reinvested dividends are treated as a new VCT investment and, subject to eligibility, qualify for the same tax reliefs as any other qualifying VCT subscription.
Reinvested dividends count towards the annual VCT investment limit and the new shares must be held for at least five years to retain the relevant Income Tax relief.
Please refer to the Blackfinch Spring VCT Prospectus for full details of the FlexiDRIS scheme and the applicable terms and conditions.
Reinvested dividends count towards the annual VCT investment limit and the new shares must be held for at least five years to retain the relevant Income Tax relief.
Please refer to the Blackfinch Spring VCT Prospectus for full details of the FlexiDRIS scheme and the applicable terms and conditions.