Question to the HM Treasury:

To ask Her Majesty’s Government, further to the answer by Lord Newby on 9 July (HL Deb, cols 209–11), whether they intend to continue to encourage investments in (1) the alternative investment market, (2) start-up businesses, and (3) forestry, in the light of the tax relief available for such investments.

The government currently offers a range of tax reliefs to encourage investment. These form an important part of the government’s growth strategy and its commitment to make the UK one of the best places to start, finance and grow a business in Europe.

To ensure the tax reliefs remain well-targeted, the reliefs are only available where certain conditions are met. The government keeps all these schemes under review to ensure that the reliefs continue to encourage investment in a well-targeted and effective manner.