Question to the HM Treasury:

To ask Mr Chancellor of the Exchequer, whether his Department has assessed the effectiveness of the (a) Enterprise Investment Scheme and (b) Seed Enterprise Investment Scheme.

HM Revenue and Customs have previously commissioned studies into the use and impact of the Enterprise Investment Scheme (EIS). These were published in April 2008 and February 2016 respectively. Details can be found at:

2008 study: http://www.employment-studies.co.uk/resource/study-impact-enterprise-investment-scheme-eis-and-venture-capital-trusts-vct-company

2016 study: https://www.ipsos.com/ipsos-mori/en-uk/use-and-impact-venture-capital-schemes

Seed EIS, introduced in 2012, was not included in the studies. Both these reliefs are currently being considered as part of the Patient Capital Review, the consultation for which was published in August.