Treasury written question – answered at on 14 May 2024.
Lord Leigh of Hurley
Chair, Finance Bill Sub-Committee, Chair, Finance Bill Sub-Committee
To ask His Majesty's Government, further to the Written Answer by Baroness Vere of Norbiton on 25 April (HL3766), when they sought permission from the EU to extend the sunset clause for enterprise investment schemes and venture capital trust schemes.
Baroness Vere of Norbiton
The Parliamentary Secretary, HM Treasury
The government’s engagement with the EU Commission on the extension of the Enterprise Investment Scheme (EIS) and Venture Capital Trust (VCT) sunset clauses is ongoing.
The government believes the schemes continue to be consistent with subsidy control principles and address an evidenced market failure.
Yes2 people think so
No3 people think not
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