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Wealthy investors pivot to buy-to-let and private assets as tax shelters run out
Summary by theintermediary.co.uk
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Wealthy investors turn to BTL property as tax shelters run out
Wealthy investors are putting money into buy-to-let (BTL) property and private assets like venture capital trusts (VCTs) and the enterprise investment scheme (EIS) after using up their ISA and pension allowances, research from Rathbones found. The survey showed that those with more money were more likely to take on riskier investments once their tax-efficient options ran out. Investment in BTL property rose from 4% among people with £25,000 to …
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