Venture Capital: Tax Allowances

(asked on 8th February 2017) - View Source

Question to the HM Treasury:

To ask Mr Chancellor of the Exchequer, how many (a) people and (b) businesses received capital gains tax relief for the Venture Capital Trusts in (i) 2013-14 and (ii) 2014-15.


Answered by
 Portrait
Jane Ellison
This question was answered on 24th February 2017

HM Revenue and Customs (HMRC) does not hold information on the number of people receiving capital gains tax (CGT) relief for Venture Capital Trusts and the Seed Enterprise Investment Scheme.

Estimates of the cost of the CGT relief element are published annually within the Principal and Minor tax reliefs statistics publications. The latest publications are available to view at: https://www.gov.uk/government/collections/tax-relief-statistics.

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