Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what assessment she has made of the potential impact of tax relief claimed under the Enterprise Investment Scheme being withdrawn several years after the investment was made on investor confidence.

The Enterprise Investment Scheme provides tax relief where the statutory conditions of that scheme are met. HM Revenue and Customs applies the legislation to the facts of each case, including after an investment has been made.

It is for investors to consider the risks associated with their investment, including a company’s ongoing compliance with the requirements of the scheme.

HMRC publishes guidance and offers an advance assurance service to help companies and investors understand the rules before investing.