Part of Oral Answers to Questions — Treasury – in the House of Commons at 11:30 am on 6 November 2012.
Jesse Norman
Conservative, Hereford and South Herefordshire
11:30,
6 November 2012
Studies have shown that employee-owned companies grow as fast as limited companies, are more resilient and better at creating and keeping jobs, and have higher levels of staff well-being and fairer pay, which means that they are proven to create social value. As well as removing current tax incentives, will the Government consider a new capital gains tax relief for businesses sold into employee ownership?