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713392

	registered interest
	date	23/03/2017
	answering body	HM Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	CaTreasury
	hansard heading	Corporation Tax
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask Mr Chancellor of the Exchequer, with reference to table 2.1, line 23 of the Budget 2016, how much additional corporation tax was raised in 2016-17 under that measure; and what estimate he has made of the change to the 2017-18 tax level against the baseline projection contained in that table.
	tabling member constituency	Kilmarnock and Loudoun
	tabling member printed	Alan Brown
	uin	68821
	answer	answer is ministerial correction date of answer 29/03/2017 answer text <p>The period of account for 2016-17 closes on 31 March for Corporation Tax payers and 5 April for individuals. Relevant receipts data for these measures in this year is not yet available and will be finalised over the following months.</p><p> </p><p>Budget 2017 projections of 2017-18 tax receipts factor in tax receipts to date for 2016-17, operational information, OBR certified costings and any changes to the OBR’s economic growth projections.</p> answering member constituency Battersea answering member printed Jane Ellison grouped question UIN 68822 68823 question first answered 29/03/2017 13:49:34 answering member 3918 label Biography information for Jane Ellison
	tabling member	4470 label Biography information for Alan Brown

713393

	registered interest
	date	23/03/2017
	answering body	HM Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	CaTreasury
	hansard heading	Corporation Tax
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask Mr Chancellor of the Exchequer, with reference to table 2.1, line 20 of the Budget 2016, how much additional corporation tax was raised in 2016-17 from withholding tax on royalties; and what estimate he has made of the change to the 2017-18 tax level against the baseline projection contained in that table.
	tabling member constituency	Kilmarnock and Loudoun
	tabling member printed	Alan Brown
	uin	68822
	answer	answer is ministerial correction date of answer 29/03/2017 answer text <p>The period of account for 2016-17 closes on 31 March for Corporation Tax payers and 5 April for individuals. Relevant receipts data for these measures in this year is not yet available and will be finalised over the following months.</p><p> </p><p>Budget 2017 projections of 2017-18 tax receipts factor in tax receipts to date for 2016-17, operational information, OBR certified costings and any changes to the OBR’s economic growth projections.</p> answering member constituency Battersea answering member printed Jane Ellison grouped question UIN 68821 68823 question first answered 29/03/2017 13:49:34 answering member 3918 label Biography information for Jane Ellison
	tabling member	4470 label Biography information for Alan Brown

713394

	registered interest
	date	23/03/2017
	answering body	HM Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	CaTreasury
	hansard heading	Corporation Tax
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask Mr Chancellor of the Exchequer, with reference to table 2.1, line 21 of the Budget 2016, how much additional corporation tax was raised in 2016-17 under that measure; and what estimate he has made of the change to the 2017-18 tax level against the baseline projection contained in that table.
	tabling member constituency	Kilmarnock and Loudoun
	tabling member printed	Alan Brown
	uin	68823
	answer	answer is ministerial correction date of answer 29/03/2017 answer text <p>The period of account for 2016-17 closes on 31 March for Corporation Tax payers and 5 April for individuals. Relevant receipts data for these measures in this year is not yet available and will be finalised over the following months.</p><p> </p><p>Budget 2017 projections of 2017-18 tax receipts factor in tax receipts to date for 2016-17, operational information, OBR certified costings and any changes to the OBR’s economic growth projections.</p> answering member constituency Battersea answering member printed Jane Ellison grouped question UIN 68821 68822 question first answered 29/03/2017 13:49:34 answering member 3918 label Biography information for Jane Ellison
	tabling member	4470 label Biography information for Alan Brown

713395

	registered interest
	date	23/03/2017
	answering body	HM Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	CaTreasury
	hansard heading	Corporation Tax
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask Mr Chancellor of the Exchequer, with reference to table 2.2, line j of the Budget 2016, how much additional corporation tax was raised in 2016-17 from retaining the diesel supplement for company car tax until 2021; and what estimate he has made of the change to the 2017-18 tax level against the baseline projection contained in that table.
	tabling member constituency	Kilmarnock and Loudoun
	tabling member printed	Alan Brown
	uin	68824
	answer	answer is ministerial correction date of answer 29/03/2017 answer text <p>Company car tax revenues do not affect corporation tax.</p><p> </p><p>The Office of Budget Responsibility has included the following scorecards in its Policy Measures database for the retention of the diesel supplement until 2021: <a href="http://budgetresponsibility.org.uk/download/policy-measures-database/" target="_blank">http://budgetresponsibility.org.uk/download/policy-measures-database/</a></p><p> </p><table><tbody><tr><td><p> </p></td><td><p>2015-16</p></td><td><p>2016-17</p></td><td><p>2017-18</p></td><td><p>2018-19</p></td><td><p>2019-20</p></td><td><p>2020-21</p></td><td><p>2021-22</p></td></tr><tr><td><p>Income Tax</p></td><td><p>0</p></td><td><p>+200</p></td><td><p>+200</p></td><td><p>+200</p></td><td><p>+195</p></td><td><p>+195</p></td><td><p>+203</p></td></tr><tr><td><p>NICs</p></td><td><p>0</p></td><td><p>+80</p></td><td><p>+75</p></td><td><p>+75</p></td><td><p>+70</p></td><td><p>+70</p></td><td><p>+73</p></td></tr></tbody></table> answering member constituency Battersea answering member printed Jane Ellison question first answered 29/03/2017 13:46:51 answering member 3918 label Biography information for Jane Ellison
	tabling member	4470 label Biography information for Alan Brown

595412

	registered interest
	date	07/10/2016
	answering body	HM Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	CaTreasury
	hansard heading	Corporation Tax
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask Mr Chancellor of the Exchequer, if he will assess the potential merits of abolishing UK corporation tax.
	tabling member constituency	Beckenham
	tabling member printed	Bob Stewart
	uin	47520
	answer	answer is ministerial correction date of answer 17/10/2016 answer text <p>The Government is committed to a competitive and fair tax system, one that encourages innovation and business investment and taxes the profits of economic activity that occur in the UK. That is why this Government has cut the main rate of corporation tax from 28% in 2010 to 17% in 2020, and announced a package of measures at Budget 2016 to tackle aggressive tax planning by multinationals, forecast to raise around £8 billion across the next five years.</p><p>Corporation tax raised £44.4 billion for the Exchequer in 2015/16. This revenue makes a vital contribution to the Government’s wider objectives of delivering vital public services and fiscal sustainability.</p><p> </p><p>The Government will continue to explore how the tax regime can be reformed to best support business investment and growth.</p> answering member constituency Battersea answering member printed Jane Ellison question first answered 17/10/2016 16:09:41 answering member 3918 label Biography information for Jane Ellison
	tabling member	3919 label Biography information for Bob Stewart

574012

	registered interest
	date	02/09/2016
	answering body	HM Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	CaTreasury
	hansard heading	Corporation Tax
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask Mr Chancellor of the Exchequer, what assessment he has made of the effect of changes in the level of UK corporation tax on tax revenues in (a) developing and (b) other countries.
	tabling member constituency	East Kilbride, Strathaven and Lesmahagow
	tabling member printed	Dr Lisa Cameron
	uin	44867
	answer	answer is ministerial correction date of answer 12/09/2016 answer text <p>The Government is committed to a competitive and fair tax system, one that encourages innovation and business investment and taxes the profits of economic activity that occur in the UK.</p><p> </p><p>That is why the UK used its G8 presidency to build support for the OECD Base Erosion and Profit Shifting Project (BEPS), which is about tackling tax avoidance by multinationals through updating the international tax rules, and is delivering many of its recommendations in a package of measures announced at Budget 2016.</p><p> </p><p>The UK has led international efforts to help developing countries tackle evasion and avoidance. Through the G20 we have commissioned the international organisations to develop toolkits to assist developing countries to implement the BEPS outcomes, as well as funding assistance to help developing country tax authorities tackle multinational tax avoidance.</p> answering member constituency Battersea answering member printed Jane Ellison question first answered 12/09/2016 15:27:05 answering member 3918 label Biography information for Jane Ellison
	tabling member	4412 label Biography information for Dr Lisa Cameron

625870

	registered interest
	date	31/10/2016
	answering body	HM Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	CaTreasury
	hansard heading	Corporation Tax
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask Mr Chancellor of the Exchequer, if his Department will make an assessment of the effect on the economy of potential reductions in the rate of corporation tax.
	tabling member constituency	Welwyn Hatfield
	tabling member printed	Grant Shapps
	uin	51164
	answer	answer is ministerial correction date of answer 03/11/2016 answer text <p>Government modelling suggests that cuts to corporation tax since 2010 could boost long-run GDP by up to 1.3%.</p> answering member constituency Battersea answering member printed Jane Ellison question first answered 03/11/2016 17:33:01 answering member 3918 label Biography information for Jane Ellison
	tabling member	1582 label Biography information for Grant Shapps

628934

	registered interest
	date	04/11/2016
	answering body	HM Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	CaTreasury
	hansard heading	Corporation Tax
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask Mr Chancellor of the Exchequer, whether he has made an assessment of the potential effect on the economy of replacing corporation tax with a legal persons tax based on the Estonian taxation model on profit dividends paid out.
	tabling member constituency	Welwyn Hatfield
	tabling member printed	Grant Shapps
	uin	51889
	answer	answer is ministerial correction date of answer 14/11/2016 answer text <p>The UK’s approach to taxing corporate profits is in line with other major advanced economies and raised £44.4 billion in 2015-16.</p><p> </p><p>The Government has taken significant action since 2010 to ensure the UK has a competitive and fair tax regime, including by reducing the main rate of corporation tax to 17% in 2020.</p><p> </p><p>The Chancellor keeps all taxes under review, which includes balancing objectives around competitiveness, simplicity, and ensuring the sustainability of the public finances.</p> answering member constituency Battersea answering member printed Jane Ellison question first answered 14/11/2016 17:04:29 answering member 3918 label Biography information for Jane Ellison
	tabling member	1582 label Biography information for Grant Shapps

712885

	registered interest
	date	21/03/2017
	answering body	HM Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	CaTreasury
	hansard heading	Corporation Tax
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask Mr Chancellor of the Exchequer, what assessment he has made of the potential effect on corporation tax receipts of UK companies creating headquarter subsidiaries in EU countries after the UK exits the EU.
	tabling member constituency	Carmarthen East and Dinefwr
	tabling member printed	Jonathan Edwards
	uin	68781
	answer	answer is ministerial correction date of answer 29/03/2017 answer text <p>Exiting the EU will present both opportunities and challenges, but the UK will remain an open country, and an attractive location to invest and do business, in part due to our competitive tax regime and access to skilled talent.</p><p> </p><p>The independent Office for Budget Responsibility’s March forecast projected corporation tax receipts to increase from £53.6bn in 2016-17 to £54.7bn in 2021-22.</p> answering member constituency Battersea answering member printed Jane Ellison question first answered 29/03/2017 13:29:00 answering member 3918 label Biography information for Jane Ellison
	tabling member	3943 label Biography information for Jonathan Edwards

710928

	registered interest
	date	14/03/2017
	answering body	HM Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	CaTreasury
	hansard heading	Corporation Tax
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask Mr Chancellor of the Exchequer, whether when considering rates of UK corporation tax it is his Department's policy to take into account the spillover effect that a reduction in the UK's rate of corporation tax would have on other countries.
	tabling member constituency	Wythenshawe and Sale East
	tabling member printed	Mike Kane
	uin	67995
	answer	answer is ministerial correction date of answer 22/03/2017 answer text <p>The Government is cutting the rate of corporation tax to 17% by 2020 to deliver a tax system that better supports growth and innovation. The Government has no current plans to conduct a spillover analysis.</p><p> </p><p>The Government is committed to a competitive and fair tax system, and has led international efforts to tackle tax evasion and avoidance while supporting developing countries to implement tax reforms.</p> answering member constituency Battersea answering member printed Jane Ellison question first answered 22/03/2017 14:09:07 answering member 3918 label Biography information for Jane Ellison
	tabling member	4316 label Biography information for Mike Kane