Question to the HM Treasury:

To ask the Chancellor of the Exchequer, how much revenue was received from capital gains tax raised on carried interest gains in the 2021-22 financial year; and what the post-behavioural costings are for subjecting carried interest to income tax treatment in all cases in each financial year to 2025-26.

The Government believes its approach to the taxation of Carried Interest, which is consistent with that taken in comparable jurisdictions, is a balanced one.