I have an estate where there were a large amount of VCTs owned by the deceased. These have been sold for a gain during the administration period and I had assumed that they lost their exempt status upon death. The Executor has queried this. I have looked on HMRC’s manual and also called the technical team but they said they would need to look into it and call me back. No call yet. Does anyone know whether VCTs stay CGT exempt or whether they lose this exemption upon the death of the shareholder?