Daniel Kawczynski – 2016 Parliamentary Question to the HM Treasury

The below Parliamentary question was asked by Daniel Kawczynski on 2016-02-24.

To ask Mr Chancellor of the Exchequer, what his policy is on the maintenance of entrepreneurial relief over the course of this Parliament.

Mr David Gauke

The Government is committed to supporting UK businesses and entrepreneurs’ relief is an important way of doing this. It is widely used and valued.

The Government keeps all tax reliefs under review to ensure they continue to fulfil their policy objectives. At Autumn Statement 2015, the Chancellor announced that he will consider bringing forward legislation to amend the changes made by Finance Act 2015 to entrepreneurs’ relief, in order to support businesses by ensuring that the relief is available on certain genuine commercial transactions.