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1023108

	registered interest
	date	11/12/2018
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Bankruptcy: Tax Avoidance
	house id	1
	legislature	25259 pref label House of Commons
	question text	What estimate he has made of the number of people who will be made bankrupt as a result of the 2019 Loan Charge.
	tabling member constituency	Richmond Park
	tabling member printed	Zac Goldsmith
	uin	908142
	answer	answer is ministerial correction date of answer 11/12/2018 answer text <p>The Government recognises the charge on DR loans will have a significant impact on some people who have used schemes where loans were used to avoid paying tax on earnings.</p><p> </p><p>An impact assessment was published when the measure was announced at Budget 2016.</p><p> </p><p>HMRC wants to help people put things right and has an outstanding track record of helping people, but it can only help those who come forward.</p> answering member constituency Central Devon answering member printed Mel Stride question first answered 11/12/2018 17:37:22 answering member 3935 label Biography information for Mel Stride
	tabling member	4062 label Biography information for Lord Goldsmith of Richmond Park

1019806

	registered interest
	date	04/12/2018
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Bankruptcy: Tax Avoidance
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Chancellor of the Exchequer, what estimate he has made of the effect of the 2019 Loan Charge on the number of bankrupts.
	tabling member constituency	Westmorland and Lonsdale
	tabling member printed	Tim Farron
	uin	198778
	answer	answer is ministerial correction date of answer 12/12/2018 answer text <p>Disguised Remuneration schemes are contrived arrangements that pay loans in place of ordinary remuneration with the sole purpose of avoiding income tax and National Insurance contributions. When taking into account the loan they received, loan scheme users have on average twice as much income as the average UK taxpayer.</p><p> </p><p>HMRC data indicates that fewer than 3% of those affected work in medical services (doctors and nurses) and teaching. Further information can be found in HMRC’s issue briefing: <a href="https://www.gov.uk/government/publications/hmrc-issue-briefing-disguised-remuneration-charge-on-loans/hmrc-issue-briefing-disguised-remuneration-charge-on-loans" target="_blank">https://www.gov.uk/government/publications/hmrc-issue-briefing-disguised-remuneration-charge-on-loans/hmrc-issue-briefing-disguised-remuneration-charge-on-loans</a>.</p><p> </p><p>HMRC is working hard to help individuals to get out of tax avoidance for good. HMRC does not want to make anybody bankrupt and very few cases ever reach that stage.</p><p> </p><p>HMRC has simplified the process for those who choose to settle their use of avoidance schemes before the charge arises, so that those earning less than £50,000 a year and no longer engaging in tax avoidance can agree a payment plan of up to five years without the need for detailed supporting information. There is no maximum period within which an overall settlement can be agreed, and HMRC will deal with individual cases appropriately and sympathetically.</p><p> </p><p>Since the announcement of the 2019 loan charge at Budget 2016, HMRC has agreed settlements on disguised remuneration schemes with employers and individuals of over 650 million pounds. More than 90% of this amount was collected from employers, with less than 10% from individuals.</p> answering member constituency Central Devon answering member printed Mel Stride grouped question UIN 198777 question first answered 12/12/2018 14:03:03 answering member 3935 label Biography information for Mel Stride
	tabling member	1591 label Biography information for Tim Farron

1020397

	registered interest
	date	05/12/2018
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Bankruptcy: Tax Avoidance
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Chancellor of the Exchequer, what estimate he has made of the number of people will be made bankrupt as a result of the 2019 Loan Charge.
	tabling member constituency	North West Norfolk
	tabling member printed	Sir Henry Bellingham
	uin	199329
	answer	answer is ministerial correction date of answer 14/12/2018 answer text <p>Disguised Remuneration schemes are contrived arrangements that pay loans in place of ordinary remuneration with the sole purpose of avoiding income tax and National Insurance contributions. When taking into account the loan they received, loan scheme users have on average twice as much income as the average UK taxpayer.</p><p> </p><p>HMRC data indicates that fewer than 3% of those affected work in medical services (doctors and nurses) and teaching. Further information can be found in HMRC’s issue briefing: <a href="https://www.gov.uk/government/publications/hmrc-issue-briefing-disguised-remuneration-charge-on-loans/hmrc-issue-briefing-disguised-remuneration-charge-on-loans" target="_blank">https://www.gov.uk/government/publications/hmrc-issue-briefing-disguised-remuneration-charge-on-loans/hmrc-issue-briefing-disguised-remuneration-charge-on-loans</a>.</p><p> </p><p>HMRC is working hard to help individuals to get out of tax avoidance for good. HMRC does not want to make anybody bankrupt and very few cases ever reach that stage.</p><p> </p><p>HMRC has simplified the process for those who choose to settle their use of avoidance schemes before the charge arises, so that those earning less than £50,000 a year and no longer engaging in tax avoidance can agree a payment plan of up to five years without the need for detailed supporting information. There is no maximum period within which an overall settlement can be agreed, and HMRC will deal with individual cases appropriately and sympathetically.</p><p> </p><p>Since the announcement of the 2019 loan charge at Budget 2016, HMRC has agreed settlements on disguised remuneration schemes with employers and individuals of over 650 million pounds. More than 90% of this amount was collected from employers, with less than 10% from individuals.</p><p> </p> answering member constituency Central Devon answering member printed Mel Stride grouped question UIN 199328 question first answered 14/12/2018 13:52:55 answering member 3935 label Biography information for Mel Stride
	tabling member	1441 label Biography information for Lord Bellingham

1020871

	registered interest
	date	07/12/2018
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Bankruptcy: Tax Avoidance
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Chancellor of the Exchequer, what steps he has taken to ensure that those affected by the 2019 loan charge are not forced into bankruptcy by the repayments.
	tabling member constituency	Aberdeen South
	tabling member printed	Ross Thomson
	uin	200150
	answer	answer is ministerial correction date of answer 17/12/2018 answer text <p>Disguised Remuneration (DR) schemes are contrived arrangements that pay loans in place of ordinary remuneration with the sole purpose of avoiding income tax and National Insurance contributions. On average loan scheme users have twice as much income as the average UK taxpayer, when taking into account the loan they received.</p><p> </p><p>HMRC is working hard to help individuals get out of tax avoidance for good and are encouraging anyone who is concerned about their ability to pay to contact them as soon as possible to discuss their options. HMRC has set up a dedicated helpline for those wanting to settle their avoidance scheme use, and discuss payment options.</p><p> </p><p>HMRC does not want to make anybody bankrupt and very few cases ever reach that stage. They will work with all individuals to reach a manageable and sustainable payment plan wherever possible.</p><p> </p><p>HMRC has simplified the process for those who choose to settle their use of avoidance schemes before the loan charge arises, so that those earning less than £50,000 a year and are no longer engaging in tax avoidance can agree a payment plan of up to five years without the need for detailed supporting information. There is no maximum period within which an overall settlement can be agreed, and all individual cases will be dealt with appropriately and sympathetically.</p><p> </p><p>Since the announcement of the 2019 loan charge at Budget 2016, HMRC has agreed settlements on disguised remuneration schemes with employers and individuals of over 650 million pounds. More than 90% of this amount was collected from employers, with less than 10% from individuals.</p> answering member constituency Central Devon answering member printed Mel Stride question first answered 17/12/2018 16:00:13 answering member 3935 label Biography information for Mel Stride
	tabling member	4599 label Biography information for Ross Thomson

90815

	registered interest
	date	05/09/2014
	answering body	HM Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	CaTreasury
	hansard heading	Bankruptcy: Tax Avoidance
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask Mr Chancellor of the Exchequer, if he will introduce a threshold for the maximum proportion of a person’s assets HM Revenue and Customs should seek as advance payment on tax avoidance schemes to prevent people becoming bankrupt.
	tabling member constituency	Bedford
	tabling member printed	Richard Fuller
	uin	208370
	answer	answer is ministerial correction date of answer 12/09/2014 answer text <p>HM Revenue &amp; Customs (HMRC) will treat Accelerated Payments as a debt like any other, so HMRC will be able to use their normal considerations and flexibilities in cases of genuine hardship. HMRC will consider alternative payment arrangements as they do with any debt. The priority in cases of genuine hardship will be to get people onto a payment track so that the debt is paid as quickly as possible.</p><p> </p><p>It would be complex and costly to assess the ability of all those due an Accelerated Payment notice to pay the notice in advance of issuing it. It also risks creating a rigid approach that does not provide the flexibility to treat individual cases on their own terms.</p><p> </p><p>HMRC will equally be able to use their full range of debt collection powers as necessary to recover what is owed by the taxpayer, including insolvency powers in the most extreme cases.</p><p> </p><p> </p><p>HMRC will always ensure that its action is proportionate and the particular action will always depend on the precise facts and circumstances of the particular taxpayer.</p> answering member constituency South West Hertfordshire answering member printed Mr David Gauke question first answered 12/09/2014 09:47:23 answering member 1529 label Biography information for Mr David Gauke
	tabling member	3912 label Biography information for Richard Fuller

934361

	registered interest
	date	03/07/2018
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Bankruptcy: Tax Avoidance
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask Mr Chancellor of the Exchequer, what representations (a) his Department and (b) groups representing contractors have made on the establishment of a suicide prevention hotline to support people facing bankruptcy as a result of the 2019 Loan Charge.
	tabling member constituency	Birmingham, Hall Green
	tabling member printed	Mr Roger Godsiff
	uin	160062
	answer	answer is ministerial correction date of answer 11/07/2018 answer text <p>The charge on disguised remuneration (DR) loans was introduced to tackle the use of DR tax avoidance schemes. These schemes are contrived arrangements that pay loans in place of ordinary remuneration to avoid Income Tax and National Insurance contributions. The loans are provided on terms that mean they are unlikely to be repaid, so they are no different to normal income and are, and always have been, taxable.</p><p> </p><p>The Government recognises that some people will face significant bills. HMRC wants to help people put things right and has an outstanding track record of helping people, but it can only help those who come forward.</p><p> </p><p>HMRC takes its duty of care very seriously for vulnerable people and people who are worried or anxious about their tax affairs. HMRC have guidance and training in place for their staff on how to provide support. HMRC has an existing dedicated line, which has been widely publicised, for those interested in getting out of avoidance schemes.</p><p> </p><p>The Government would urge anybody who is concerned about their ability to pay to contact HMRC as soon as possible. HMRC will consider all personal circumstances to agree a manageable and sustainable payment plan wherever possible.</p> answering member constituency Central Devon answering member printed Mel Stride question first answered 11/07/2018 09:34:57 answering member 3935 label Biography information for Mel Stride
	tabling member	304 label Biography information for Mr Roger Godsiff

1020331

	registered interest
	date	05/12/2018
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Bankruptcy: Tax Avoidance
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Chancellor of the Exchequer, what estimate he has made of the number of people (a) affected and (b) made bankrupt by the 2019 disguised remuneration Loan Charge.
	tabling member constituency	Burnley
	tabling member printed	Julie Cooper
	uin	199425
	answer	answer is ministerial correction date of answer 14/12/2018 answer text <p>The charge on disguised remuneration (DR) loans is targeted at artificial tax avoidance schemes where earnings were paid via a third party in the form of ‘loans’. These loans were paid in place of ordinary remuneration, with the sole purpose of avoiding income tax and National Insurance contributions. In reality these loans were never repaid. When taking into account the loan they received, loan scheme users have on average twice as much income as the average UK taxpayer.</p><p> </p><p>The Government estimates that up to 50,000 individuals will be affected by the 2019 loan charge. HMRC has published a breakdown of individuals affected by industry. HMRC data indicates that fewer than 3% of those affected work in medical services (doctors and nurses) and teaching. Further information can be found at the following link: <a href="https://www.gov.uk/government/publications/loan-schemes-and-the-loan-charge-an-overview/tax-avoidance-loan-schemes-and-the-loan-charge#who-affected" target="_blank">https://www.gov.uk/government/publications/loan-schemes-and-the-loan-charge-an-overview/tax-avoidance-loan-schemes-and-the-loan-charge#who-affected</a></p><p> </p><p>HMRC has simplified the process for those who choose to settle their use of avoidance schemes before the charge arises, so that those earning less than £50,000 a year and no longer engaging in tax avoidance can agree a payment plan of up to five years without the need for detailed supporting information. There is no maximum period within which an overall settlement can be agreed, and HMRC will deal with individual cases appropriately and sympathetically.</p> answering member constituency Central Devon answering member printed Mel Stride grouped question UIN 199424 question first answered 14/12/2018 13:56:35 answering member 3935 label Biography information for Mel Stride
	tabling member	4405 label Biography information for Julie Cooper