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Written question asked by Callum Anderson (Labour) on Friday, 28 August 2026, in the House of Commons. It was due for an answer on Wednesday, 2 September 2026. It was answered by James Murray (Labour) on Monday, 7 September 2026 on behalf of the Treasury.

Venture Capital: Tax Allowances

Question

To ask the Chancellor of the Exchequer, what assessment he has made of the potential impact of recent changes to venture capital tax incentives on investment in UK companies at Series (i) A and (ii) B stages.

Answer

At the last Budget, the government announced a package of entrepreneurship tax measures designed to provide substantially enhanced support for scaling businesses across the UK.  

 

This includes doubling the maximum amount that a company can raise through the Enterprise Investment Scheme (EIS) and the Venture Capital Trust (VCT) scheme.   

 

Overall, the changes we made are forecast to increase investment by around £100 million per year into high-growth scaling companies, including university spin outs, thanks to the increased scheme limits at Budget.

Further information on entrepreneurship tax incentives can be found in the Entrepreneurship prospectus published at Budget 2025 - Budget 2025 in full - GOV.UK

Secondary information

Type
Written question
Reference
24380
Session
2026-27
Subjects
Tax allowances Venture capital
Link
View this Written question on www.parliament.uk