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1420107

registered interest
date	07/02/2022
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Disguised Remuneration Loan Charge Review
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, what progress has been made on implementing the recommendations of the Morse Review into the Loan Charge; and what work remains outstanding.
tabling member constituency	Bristol West
tabling member printed	Thangam Debbonaire
uin	119661
answer	answer is ministerial correction date of answer 14/02/2022 answer text <p>The Government announced the Loan Charge at Budget 2016, deciding that the Loan Charge is the right way to tackle and draw a line under the use of Disguised Remuneration (DR) schemes.</p><p> </p><p>The Independent Loan Charge Review was led by Lord Morse in 2019. The Review drew upon all the available evidence and expert advice to consider the appropriateness of the Loan Charge as a policy response and its impact on individuals, reflecting the main concerns that had been raised by MPs and campaigners.</p><p> </p><p>The Government recognised the concerns raised by the Review and accepted 19 of the Review’s 20 recommendations. The Government implemented a number of changes to the Loan Charge, which were enacted in Finance Act 2020.</p><p> </p><p>On 3 December 2020, HMRC published a full report to Parliament on the implementation of the review recommendations. This report set out how HMRC had delivered the 19 recommendations which were accepted by the Government.</p> answering member constituency South East Cambridgeshire answering member printed Lucy Frazer question first answered 14/02/2022 15:35:06 answering member 4517 label Biography information for Lucy Frazer
tabling member	4433 label Biography information for Thangam Debbonaire

1420227

registered interest
date	07/02/2022
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	UK Trade with EU
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, what recent assessment he has made of the cost to businesses in the UK of leaving the EU VAT area.
tabling member constituency	Dwyfor Meirionnydd
tabling member printed	Liz Saville Roberts
uin	119714
answer	answer is ministerial correction date of answer 10/02/2022 answer text As with all new tax measures, the Government includes its assessment of the impacts of the changes in Tax Information and Impact Notes. Notes for measures legislated for in the Taxation (Post-transition Period) Act were published alongside that legislation. answering member constituency South East Cambridgeshire answering member printed Lucy Frazer question first answered 10/02/2022 15:56:23 answering member 4517 label Biography information for Lucy Frazer
tabling member	4521 label Biography information for Liz Saville Roberts

1420284

registered interest
date	07/02/2022
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Tax Avoidance
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, if he will announce a further review of the Loan Charge policy.
tabling member constituency	Falkirk
tabling member printed	John McNally
uin	119658
answer	answer is ministerial correction date of answer 14/02/2022 answer text <p>An independent review of the Loan Charge has already taken place. The 2019 Review, conducted by Lord Morse, concluded that it was right for the Loan Charge to remain in force and for the Government to collect the tax due. The Government accepted all but one of the 20 recommendations in the Review.</p><p> </p><p>The charge on Disguised Remuneration loans is targeted at contrived tax avoidance schemes which seek to avoid Income Tax and National Insurance contributions by paying users their income in the form of loans, usually via an offshore trust. This kind of tax avoidance deprives the Exchequer of funds to deliver vital public services.</p> answering member constituency South East Cambridgeshire answering member printed Lucy Frazer question first answered 14/02/2022 15:33:11 answering member 4517 label Biography information for Lucy Frazer
tabling member	4424 label Biography information for John McNally

1420285

registered interest
date	07/02/2022
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Off-payroll Working
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, what recent assessment he has made of the adequacy of the obligations on employment agencies and umbrella companies set out under Chapter 10 Part 2 of The Income Tax (Earnings and Pensions) Act 2003.
tabling member constituency	Falkirk
tabling member printed	John McNally
uin	119659
answer	answer is ministerial correction date of answer 14/02/2022 answer text <p>The Tax Information and Impact Note published in March 2021 set out the expected impacts of the April 2021 reform of the off-payroll working rules, which can be found here: <a href="https://www.gov.uk/government/publications/off-payroll-working-rules-from-april-2021/off-payroll-working-rules-from-april-2021" target="_blank">https://www.gov.uk/government/publications/off-payroll-working-rules-from-april-2021/off-payroll-working-rules-from-april-2021</a></p><p> </p><p>Research into the effects of the off-payroll working rules reforms on employment agencies was published in March 2021, and can be found here: <a href="https://www.gov.uk/government/publications/effects-of-the-off-payroll-working-reforms-on-employment-agencies" target="_blank">https://www.gov.uk/government/publications/effects-of-the-off-payroll-working-reforms-on-employment-agencies</a></p><p> </p><p>During the debate on the Finance Bill 2020, the Government committed to commission independent research into the short-term impacts of the reform by October 2021. That research has been commissioned. The Government will publish its findings once complete.</p> answering member constituency South East Cambridgeshire answering member printed Lucy Frazer question first answered 14/02/2022 15:31:17 answering member 4517 label Biography information for Lucy Frazer
tabling member	4424 label Biography information for John McNally

1420286

registered interest
date	07/02/2022
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Tax Avoidance: Repayments
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, how many people seeking refunds as a result of the changes to the Loan Change made in response to the Morse Review have been refunded by HMRC.
tabling member constituency	Falkirk
tabling member printed	John McNally
uin	119660
answer	answer is ministerial correction date of answer 14/02/2022 answer text <p>This question is answered on the basis that your question is about HMRC’s Disguised Remuneration (DR) Repayment Scheme 2020. Following Lord Morse’s Independent Loan Charge Review in 2019, the Government introduced legislation requiring HMRC to establish a scheme to repay relevant Voluntary Restitution elements of DR settlements.</p><p> </p><p>These amounts were voluntary payments that taxpayers had agreed to make as part of settlements concluded before changes were made to the scope of the Loan Charge. Individuals and employers had until 30 September 2021 to apply to HMRC for a refund or waiver.</p><p> </p><p>HMRC repays amounts that were paid in DR scheme settlements, and/or waives amounts of instalments due that have not yet been paid if certain conditions are met.</p><p> </p><p>As of 28 January 2022, HMRC had processed approximately 1500 applications, of which approximately 1000 had received either a repayment, a waiver, or both. Approximately 500 of the applications processed at that date were either invalid or ineligible.</p> answering member constituency South East Cambridgeshire answering member printed Lucy Frazer question first answered 14/02/2022 14:27:16 answering member 4517 label Biography information for Lucy Frazer
tabling member	4424 label Biography information for John McNally

1420324

registered interest
date	07/02/2022
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Off-payroll Working: National Insurance Contributions
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, what recent assessment he has made of the impact of increased National Insurance Contributions on people who are employed under umbrella companies.
tabling member constituency	Barnsley Central
tabling member printed	Dan Jarvis
uin	119590
answer	answer is ministerial correction date of answer 10/02/2022 answer text From April 2022, all liable employees, including individuals employed through an umbrella company, will pay the 1.25 percentage point increase in National Insurance Contributions (NICs). From April 2023, a new Health and Social Care levy will apply and the NICs rates will reduce by 1.25 percentage points. The highest earning 15 per cent will pay over half the revenue generated. 6.1 million people earning less than the Primary Threshold (equivalent to £9,880 a year in 2022-23) will not pay the Levy. answering member constituency South East Cambridgeshire answering member printed Lucy Frazer question first answered 10/02/2022 15:58:01 answering member 4517 label Biography information for Lucy Frazer
tabling member	4243 label Biography information for Dan Jarvis

1420338

registered interest
date	07/02/2022
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Venture Capital Trusts: Tax Allowances
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, with reference to the sunset clause stipulated in s. 261(3) (za) of the Income Tax Act 2007 (as amended by the Finance (No. 2) Act 2015 (c. 33), Sch. 6 para. 2(2)), whether his Department plans to extend income tax relief through venture capital trusts to subscriptions made on or after 6 April 2025.
tabling member constituency	South Cambridgeshire
tabling member printed	Anthony Browne
uin	119876
answer	answer is ministerial correction date of answer 14/02/2022 answer text <p>Venture Capital Trusts, which were introduced in 1995, are designed to encourage individuals to invest indirectly in a range of unquoted smaller, higher-risk, trading companies.</p><p> </p><p>The Government keeps this scheme under review to ensure that it continues to meet its policy objectives in a way that is fair and effective.</p> answering member constituency South East Cambridgeshire answering member printed Lucy Frazer question first answered 14/02/2022 15:29:17 answering member 4517 label Biography information for Lucy Frazer
tabling member	4801 label Biography information for Anthony Browne

1419843

registered interest
date	04/02/2022
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Roadchef: Employee Benefit Trusts
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, if he will (a) make an assessment of the disputed interpretation HMRC has placed on the scope of the agreement between HMRC and Roadchef Employee Benefit Trustees, arrived at by mediation and (b) take steps to resolve that matter.
tabling member constituency	New Forest West
tabling member printed	Sir Desmond Swayne
uin	118501
answer	answer is ministerial correction date of answer 09/02/2022 answer text The administration of the tax system is a matter for HM Revenue and Customs, who continue in dialogue with the customer. answering member constituency South East Cambridgeshire answering member printed Lucy Frazer question first answered 09/02/2022 17:52:31 answering member 4517 label Biography information for Lucy Frazer
tabling member	55 label Biography information for Sir Desmond Swayne

1419870

registered interest
date	04/02/2022
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Members: Correspondence
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, when he plans to respond to the letter from the hon. Member for West Lancashire, dated 27 October 2021, on Lord Morse's review of the Loan Charge, reference ZA58107.
tabling member constituency	West Lancashire
tabling member printed	Rosie Cooper
uin	118516
answer	answer is ministerial correction date of answer 14/02/2022 answer text <p>The Honourable Member’s correspondence was responded to on 9 February 2022.</p> answering member constituency South East Cambridgeshire answering member printed Lucy Frazer question first answered 14/02/2022 10:24:27 answering member 4517 label Biography information for Lucy Frazer
tabling member	1538 label Biography information for Rosie Cooper

1419519

registered interest
date	03/02/2022
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Taxation: Domicil
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, what steps he is taking with HMRC to improve processing times for applications from UK businesses for Certificates of Residence.
tabling member constituency	Lanark and Hamilton East
tabling member printed	Angela Crawley
uin	117826
answer	answer is ministerial correction date of answer 11/02/2022 answer text As announced at Tax Administration and Maintenance Day in November 2021, HMRC will embark on a project to improve processing times on Certificates of Residence for UK businesses. These improvements will come in the form of process changes and digital improvements. answering member constituency South East Cambridgeshire answering member printed Lucy Frazer question first answered 11/02/2022 09:56:11 answering member 4517 label Biography information for Lucy Frazer
tabling member	4469 label Biography information for Angela Crawley