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Written question asked by Anthony Browne (Conservative) on Friday, 12 May 2023, in the House of Commons. It was due for an answer on Tuesday, 16 May 2023. It was answered by Victoria Atkins (Conservative) on Thursday, 8 June 2023 on behalf of the Treasury.


Capital Gains Tax: Income Tax

Question

To ask the Chancellor of the Exchequer, what assessment he has made of the potential risk of capital flight resulting from the application of carried interest to income tax treatment in all cases.

Answer

The Government believes its approach to the taxation of Carried Interest, which is consistent with that taken in comparable jurisdictions, is a balanced one.


Secondary information

Type
Written question
Reference
184858
Session
2022-23
Grouped for answer
Yes
Subjects
Capital gains tax Capital investment Income tax
Link
View this Written question on www.parliament.uk