Venture Capital Trusts: Taxation — Written Question

Question

Kevin Hollinrake

Conservative — Thirsk and Malton

To ask the Chancellor of the Exchequer, what assessment her Department has made of the potential impact on future VCT fundraising by reducing upfront VCT Income Tax relief from 30% to 20% from April 2026; and when her Department will publish that impact a

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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