Entrepreneurs' Relief
(asked on 15th October 2019) - View Source
Question to the HM Treasury:
To ask the Chancellor of the Exchequer, what assessment he has made of the (a) effect and (b) cost effectiveness of the Entrepreneur Relief scheme on incentivising investment in business.
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.