Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what recent assessment his Department has made of the potential impact of Capital Gains Tax annual exempt allowance tapers on private equity investment in early-stage businesses.

The government sets out the impacts of specific policies in the Tax Impact and Information Notes which are published alongside tax policy changes at each Budget.

The TIIN for the exempt amount changes is set out here: https://www.gov.uk/government/publications/reducing-the-annual-exempt-amount-for-capital-gains-tax