Written Question·Treasury·UIN 2131

Taxation

Tabled: 29 July 2024
Answered: 5 September 2024

Question

Afzal Khan

LabourManchester Rusholme

To ask the Chancellor of the Exchequer, whether her Department plans to respond to the consultation entitled Tax Simplification for Alternative Finance, which closed 9 April 2024.

Answer

James Murray
The Government is committed to the continued strength of the UK Islamic Finance sector, both as an important part of the UK’s overall financial ecosystem and as an instrument of financial inclusion.The alternative finance tax rules aim to provide a level ...

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