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1271618

registered interest
date	16/12/2020
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 subject to the Loan Charge who have been declared bankrupt.
tabling member constituency	East Londonderry
tabling member printed	Mr Gregory Campbell
uin	130647
answer	answer is ministerial correction date of answer 11/01/2021 answer text <p>No estimate of the number of individual bankruptcies has been made, although the original impact assessment acknowledges that there are likely to be some. The impact assessment can be found here: <a href="https://www.gov.uk/government/publications/disguised-remuneration-further-update/disguised-remuneration-further-update" target="_blank">https://www.gov.uk/government/publications/disguised-remuneration-further-update/disguised-remuneration-further-update</a>.</p><p> </p><p>HMRC cannot provide an estimate for the number of people subject to the Loan Charge who have been declared bankrupt, as they could have been declared bankrupt for many reasons and not necessarily as a direct result of a Loan Charge liability. HMRC are not always the only creditor and some people may be declared bankrupt as a result of a non-HMRC debt, and some individuals may choose to enter insolvency themselves based on their overall financial position.</p><p> </p><p>HMRC only ever consider insolvency as a last resort, and encourage people to contact them to agree the best way to settle their tax debts. Anyone who is worried about being able to pay what they owe is encouraged to get in touch with HMRC as soon as possible on 03000 599110.</p> answering member constituency Hereford and South Herefordshire answering member printed Jesse Norman question first answered 11/01/2021 14:58:11 answering member 3991 label Biography information for Jesse Norman
tabling member	1409 label Biography information for Mr Gregory Campbell

1271620

registered interest
date	16/12/2020
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Business: Taxation
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, what steps his Department is taking to improve the payment rates of corporate tax.
tabling member constituency	Huddersfield
tabling member printed	Mr Barry Sheerman
uin	130642
answer	answer is ministerial correction date of answer 15/01/2021 answer text <p>HM Revenue and Customs (HMRC) keep corporation tax payment policy under regular review with continuing engagement with businesses, agents and representative bodies in response to taxpayer need.</p><p>HMRC have acted to speed up the process by which companies which are affected by coronavirus and experiencing cash flow problems can make claims for repayment of corporation tax, by permitting early claims against anticipated losses. This gets cash to businesses hardest hit by the pandemic, helping to minimise the risk of business failure in the months and years ahead and thereby ensuring the continuity of corporation tax receipts in the future.</p> answering member constituency Hereford and South Herefordshire answering member printed Jesse Norman question first answered 15/01/2021 13:06:39 answering member 3991 label Biography information for Jesse Norman
tabling member	411 label Biography information for Mr Barry Sheerman

1271628

registered interest
date	16/12/2020
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Job Retention Bonus
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, for what reason he decided to withdraw the Job Retention Bonus.
tabling member constituency	Falkirk
tabling member printed	John McNally
uin	130765
answer	answer is ministerial correction date of answer 15/01/2021 answer text <p>The objective of the Job Retention Bonus (JRB) was to incentivise employers to retain employees between November and the end of January through a £1,000 bonus paid to the employer. The extension of the Coronavirus Job Retention Scheme (CJRS) allows employers to do that until the end of April by covering 80% of the furloughed employees’ wages. The policy intent of the JRB therefore fell away with the extension of the CJRS. The Government will set out details of how a revised retention incentive will work in due course.</p> answering member constituency Hereford and South Herefordshire answering member printed Jesse Norman question first answered 15/01/2021 13:08:06 answering member 3991 label Biography information for Jesse Norman
tabling member	4424 label Biography information for John McNally

1271668

registered interest
date	16/12/2020
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Hospitality Industry: VAT
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, pursuant to the Answer of 17 November 2020 to Question 114934, what his Department's review process is for reducing the rate of VAT applied to hospitality, accommodation and attractions beyond 31 March 2021; what criteria will be used in that review process; when he plans to announce the outcome of that review to businesses; and if he will make a statement.
tabling member constituency	Brighton, Pavilion
tabling member printed	Caroline Lucas
uin	130682
answer	answer is ministerial correction date of answer 15/01/2021 answer text <p>The temporary VAT reduced rate came into effect on 15 July 2020 and was initially scheduled to end on 12 January 2021.</p><p> </p><p>To continue supporting the cash flow and viability of over 150,000 businesses and to protect 2.4 million jobs, the Government extended the temporary reduced rate of VAT (5 per cent) for goods and services supplied by the tourism and hospitality sectors until 31 March 2021.</p><p> </p><p>While it keeps all taxes under review, this relief comes at a significant cost to taxpayers, and there are currently no plans to extend the length of the reduced rate further.</p><p> </p> answering member constituency Hereford and South Herefordshire answering member printed Jesse Norman question first answered 15/01/2021 13:05:13 answering member 3991 label Biography information for Jesse Norman
tabling member	3930 label Biography information for Caroline Lucas

1271680

registered interest
date	16/12/2020
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Electric Vehicles: Tax Allowances
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, whether he plans to extend the 100 per cent first year allowance on the purchase of electric vehicles to include the rental sector in order to facilitate the transition from petrol and diesel cars to electric vehicles.
tabling member constituency	Stevenage
tabling member printed	Stephen McPartland
uin	130719
answer	answer is ministerial correction date of answer 11/01/2021 answer text <p>The existing 100 per cent first year allowances, which are available for the purchase of electric vehicles in respect of business cars and zero emission goods vehicles, are being extended to 2025 in order to continue to incentivise the transition to zero CO<sub>2</sub> emission vehicles. First year allowances are not available for equipment purchased for leasing; there are no plans to introduce this for zero emission goods vehicles or to reintroduce it for low emission cars, as such assets could be leased overseas. This ensures that the environmental benefits of such incentives remain within the UK to assist the Government in achieving its wider commitment to achieve net zero CO<sub>2</sub> emissions by 2050.</p> answering member constituency Hereford and South Herefordshire answering member printed Jesse Norman question first answered 11/01/2021 13:20:28 answering member 3991 label Biography information for Jesse Norman
tabling member	4093 label Biography information for Stephen McPartland

1271681

registered interest
date	16/12/2020
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Electric Vehicles: Charging Points
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, what assessment he has made of the potential merits of introducing a new annual investment allowance for electric vehicle infrastructure which would allow 100 per cent of investment costs for all electric vehicle infrastructure to be offset against corporation tax.
tabling member constituency	Stevenage
tabling member printed	Stephen McPartland
uin	130720
answer	answer is ministerial correction date of answer 11/01/2021 answer text A specific capital allowance is currently available to businesses investing in new equipment for electric vehicle charging points. This can provide a tax deduction of 100 per cent of the investment for the tax period in which it is incurred. It is available for qualifying expenditure for businesses chargeable to UK corporation tax until 31 March 2023, and those chargeable to income tax until 5 April 2023.<p> </p> answering member constituency Hereford and South Herefordshire answering member printed Jesse Norman question first answered 11/01/2021 13:18:59 answering member 3991 label Biography information for Jesse Norman
tabling member	4093 label Biography information for Stephen McPartland

1271734

registered interest
date	16/12/2020
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Coronavirus Job Retention Scheme: Directors
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, what assessment the Government has made of the potential merits of reforming the Coronavirus Job Retention Scheme to allow directors of small limited companies to undertake work while on furlough to support the economic viability of those companies.
tabling member constituency	Birkenhead
tabling member printed	Mick Whitley
uin	130839
answer	answer is ministerial correction date of answer 15/01/2021 answer text <p>Where furloughed directors need to carry out particular duties to fulfil their statutory obligations, they may do so provided it is no more than would reasonably be judged necessary for that purpose. In particular, they should not do work of a kind they would carry out in normal circumstances to generate commercial revenue or provide services to or on behalf of their company.  This also applies to companies with a sole director.</p><p>Businesses that can remain open but are operating with reduced demand can use flexible furlough to keep staff working part time.</p> answering member constituency Hereford and South Herefordshire answering member printed Jesse Norman question first answered 15/01/2021 12:06:11 answering member 3991 label Biography information for Jesse Norman
tabling member	4755 label Biography information for Mick Whitley

1271763

registered interest
date	16/12/2020
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Revenue and Customs: Debt Collection
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, how many debt collection companies whose accounts are based in offshore tax havens have been hired by HMRC since the start of the covid-19 outbreak.
tabling member constituency	Stockport
tabling member printed	Navendu Mishra
uin	130869
answer	answer is ministerial correction date of answer 11/01/2021 answer text <p>HMRC do not hire debt collection agencies (DCAs) directly. DCAs are engaged to collect a small proportion of HMRC tax debt via the Debt Market Integrator (DMI) Framework, currently with Indesser. None of the eight DCAs brought onto the HMRC panel (from the framework) is based in offshore tax havens; all are registered and based in the UK. Even though the DCAs are not hired directly by HMRC, as a tax authority HMRC conduct robust compliance checks on each of the DCAs on the panel, on at least an annual basis.</p> answering member constituency Hereford and South Herefordshire answering member printed Jesse Norman question first answered 11/01/2021 13:15:52 answering member 3991 label Biography information for Jesse Norman
tabling member	4811 label Biography information for Navendu Mishra

1271765

registered interest
date	16/12/2020
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Revenue and Customs: Foreign Companies
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, how many companies whose accounts are based in offshore tax havens have been hired by HMRC since the start of the covid-19 outbreak.
tabling member constituency	Stockport
tabling member printed	Navendu Mishra
uin	130870
answer	answer is ministerial correction date of answer 11/01/2021 answer text <p>The information requested could only be made available at disproportionate cost. Due to the high number of contracts awarded by HMRC, it would take a significant amount of HMRC staff resource to obtain the information requested. HMRC records are not held in such a way as to identify companies by the location of their accounts.</p><p> </p><p>However, HMRC do include clauses within their standard contract terms and conditions that prohibit the use of arrangements involving the use of offshore entities, whereby the main purpose is to achieve a reduction in UK tax of any description.</p> answering member constituency Hereford and South Herefordshire answering member printed Jesse Norman question first answered 11/01/2021 13:36:08 answering member 3991 label Biography information for Jesse Norman
tabling member	4811 label Biography information for Navendu Mishra

1271772

registered interest
date	16/12/2020
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Valuation Office Agency: Staff
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, what assessment he has made of the accuracy of the workforce management information published by the Valuation Office Agency.
tabling member constituency	Houghton and Sunderland South
tabling member printed	Bridget Phillipson
uin	130688
answer	answer is ministerial correction date of answer 15/01/2021 answer text <p>The VOA has put processes in place designed to assure the accuracy of workforce management information before it is published.</p><p> </p><p>Workforce information published in the Annual Report is assured within the VOA’s Chief People Officer Group where the information is checked, approved and signed off by the Finance Director. Further internal assurance is carried out by the Audit and Risk Assurance Committee, as well as the internal verification by the Chief Finance Officer and Chief Executive Officer. The management information is then subject to external review and clearance by the NAO. These combined provide strong assurance over the accuracy of the workforce information published in the Annual Report.</p> answering member constituency Hereford and South Herefordshire answering member printed Jesse Norman question first answered 15/01/2021 11:59:59 answering member 3991 label Biography information for Jesse Norman
tabling member	4046 label Biography information for Bridget Phillipson