Rachel Blake

Rachel Blake

Labour (Co-op) — Cities of London and Westminster

Speaking in the House of Commons on 23 June 2026

Debate

Venture Capital Trust Income Tax Relief

Contribution

At the Budget, the Government announced a comprehensive package of entrepreneurship tax measures, designed to provide substantially enhanced support for scaling businesses across the UK. That includes doubling the maximum amount that a company can raise through the enterprise investment scheme and the venture capital trust scheme. Overall, the changes to those schemes are forecast to generate about £100 million per year of additional investment in high-growth, scaling companies, thanks to the increased scheme limits in the Budget.

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