LIBF DipFA AFAI
LIBF DipFA — Advanced Financial Advice: Investment (AFAI)
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An eligible UK tax payer subscribes £50,000 into a new issue of Venture Capital Trust (VCT) shares. Assuming they have a UK income tax liability exceeding £15,000 and hold the shares for 5 years, what is the net cost of the investment after income tax relief?
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