Entrepreneurs' Relief

(asked on 15th October 2019) - View Source

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what the objectives of the Entrepreneur Relief scheme are; and what assessment his Department has made as to whether those objectives are being met.


Answered by
Jesse Norman Portrait
Jesse Norman
This question was answered on 23rd October 2019

The objective of Entrepreneurs’ Relief (ER) is to promote enterprise by offering a reduced rate of tax to individuals who have contributed to the creation and growth of a business.

The Government continues to monitor the effectiveness of ER. HMRC’s most recent evaluation was published in December 2017, and is available here. The Government has no current plans to abolish ER, but keeps all taxes and reliefs under review.

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