Grant Shapps – 2016 Parliamentary Question to the HM Treasury

The below Parliamentary question was asked by Grant Shapps on 2016-10-14.

To ask Mr Chancellor of the Exchequer, if he will make an assessment of the potential merits of reducing Government tax incentives in the tech start-up sector in order to reduce the number of companies potentially unable to attract private investment after tax reliefs expire.

Jane Ellison

The Seed Enterprise Investment Scheme, Enterprise Investment Scheme and Venture Capital Trusts scheme provide tax reliefs to encourage individuals to invest in early stage, higher risk companies that would otherwise struggle to access finance. The government has no plans to withdraw these tax reliefs.