Question to the HM Treasury:

To ask His Majesty's Government what assessment they have made of the impact of the changes to the tax thresholds for Financial Promotion exemption, especially the impact on female-led start-ups, including those who rely on small investments from female angel-investors.

The changes to the financial promotion exemptions that came into force on 31 January 2024 were subject to a public consultation which closed in March 2022.

However, the Government recognises the significant concerns that have been raised recently about these changes. The Economic Secretary met recently with the angel investing sector and listened carefully to the representations made, and the Government is working closely with the sector to address the concerns raised.