Written Question·Treasury·UIN 114684

Venture Capital Trusts: Tax Allowances

Tabled: 20 February 2026
Answered: 27 February 2026

Question

Charlie Dewhirst

ConservativeBridlington and The Wolds

To ask the Chancellor of the Exchequer, whether her Department has made an assessment of the potential impact of reducing VCT Income Tax relief on the outcomes from doubling the lifetime investment limit for qualifying companies.

Answer

Dan Tomlinson
At Budget, the government announced a comprehensive package of entrepreneurship tax measures designed to provide substantially enhanced support for scaling businesses across the UK. This includes doubling the maximum amount that a company can raise throug...

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