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1. Executive Summary
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This Call for Evidence will gather views and evidence on tax policy support for investment in high-growth UK companies

Entrepreneurs are vital to the growth mission, and the government is focussed on making the UK the most attractive place in the world for founders to start and scale their businesses to success. The UK has notable strengths for founding and growing companies, including a robust start-up system, and a number of effective tax incentives for high-growth UK firms. However, the UK also faces a particular short-fall in domestic scale-up capital. This is creating an ‘incubator’ economy, where some of our most innovative ideas, companies and founders feel compelled to move abroad.

This Call for Evidence seeks views on the effectiveness of existing tax incentives, and the wider tax system, for business founders and scaling firms, and how the UK can better support these companies to start, scale and stay in the UK. The government will consider responses when developing further potential reforms to tax support for entrepreneurs.

The Call for Evidence will close on 28 February.

Privacy notice
Click here to download and view the privacy notice for the consultation, which sets out how HM Treasury will use your personal data for the purposes of  the ‘public sector exit payment’ and explains your rights under the General Data Protection Regulation (GDPR) and the Data Protection Act 2018 (DPA).

 

If there are any questions on aspects of this document, please contact EnterpriseTax@hmtreasury.