Venture Capital Trusts are attracting investors again as they continue to offer investors generous tax breaks. Favourable tax treatment is not always a major deciding factor in investment product selection. However, with tax reliefs on pension contributions being significantly restricted for high earners, where else can a high rate taxpayer turn to for a 30% tax relief on investments up to £200,000. The increase in capital gains tax to 28% in the 22 June 2010 emergency Budget is also likely to accelerate sophisticated investors interest in accessing the capital gains tax exemption afforded to investors on the disposal of VCT shares.