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1301358

registered interest
date	10/03/2021
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Amazon: Corporation Tax
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, what plans he has to extend the Digital Services Tax to goods provided directly from Amazon.
tabling member constituency	Thirsk and Malton
tabling member printed	Kevin Hollinrake
uin	166486
answer	answer is ministerial correction date of answer 18/03/2021 answer text <p>The Digital Services Tax is a tax that ensures search engines, social media platforms, and online marketplaces pay UK tax that reflects the value they derive from UK users.</p><p> </p><p>The Government is unable to discuss tax in relation to specific businesses. The DST is a temporary measure and will be removed once an appropriate global solution is in place.</p> answering member constituency Hereford and South Herefordshire answering member printed Jesse Norman question first answered 18/03/2021 12:03:35 answering member 3991 label Biography information for Jesse Norman
tabling member	4474 label Biography information for Kevin Hollinrake

1279635

registered interest
date	22/01/2021
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Insolvency: Taxation
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, what proportion by value of taxes typically owed by businesses at the point of insolvency are expected to be covered by the extension of secondary preferential creditor status for HMRC to include VAT, PAYE, and other taxes.
tabling member constituency	Thirsk and Malton
tabling member printed	Kevin Hollinrake
uin	142027
answer	answer is ministerial correction date of answer 27/01/2021 answer text <p>The recent change to HMRC’s creditor status for certain debts ensures that when a business enters insolvency, more of the taxes paid in good faith by its employees and customers, but held temporarily by the business, go to fund public services as intended, rather than be distributed to other creditors. This measure is forecast to raise up to £255 million a year, and the average recovery will be determined on a case by case basis.</p><p> </p><p>While there is no specific analysis of the impact for individual sectors the Government has engaged extensively with stakeholders in the finance industry and held a formal consultation on the policy design. Having considered all views carefully, the Government believes these reforms take a fair and proportionate approach, balancing the interests of taxpayers, the Exchequer and other creditors.</p><p> </p><p>Bank lending to small and medium-sized businesses alone in 2019 was £57 billion, and the majority of business lending is by fixed charges and is unaffected by this measure. In part for this reason, this change is not expected to have a significant impact on financial institutions, the lending market or wider economy. The OBR did not make any adjustments to their economic forecast in response to this measure.</p> answering member constituency Hereford and South Herefordshire answering member printed Jesse Norman grouped question UIN 142028 question first answered 27/01/2021 14:38:52 answering member 3991 label Biography information for Jesse Norman
tabling member	4474 label Biography information for Kevin Hollinrake

1279636

registered interest
date	22/01/2021
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Manufacturing Industries and Retail Trade: Loans
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 effect of the extension of secondary preferential creditor status for HMRC on business lending in the (a) retail and (b) manufacturing sector.
tabling member constituency	Thirsk and Malton
tabling member printed	Kevin Hollinrake
uin	142028
answer	answer is ministerial correction date of answer 27/01/2021 answer text <p>The recent change to HMRC’s creditor status for certain debts ensures that when a business enters insolvency, more of the taxes paid in good faith by its employees and customers, but held temporarily by the business, go to fund public services as intended, rather than be distributed to other creditors. This measure is forecast to raise up to £255 million a year, and the average recovery will be determined on a case by case basis.</p><p> </p><p>While there is no specific analysis of the impact for individual sectors the Government has engaged extensively with stakeholders in the finance industry and held a formal consultation on the policy design. Having considered all views carefully, the Government believes these reforms take a fair and proportionate approach, balancing the interests of taxpayers, the Exchequer and other creditors.</p><p> </p><p>Bank lending to small and medium-sized businesses alone in 2019 was £57 billion, and the majority of business lending is by fixed charges and is unaffected by this measure. In part for this reason, this change is not expected to have a significant impact on financial institutions, the lending market or wider economy. The OBR did not make any adjustments to their economic forecast in response to this measure.</p> answering member constituency Hereford and South Herefordshire answering member printed Jesse Norman grouped question UIN 142027 question first answered 27/01/2021 14:38:52 answering member 3991 label Biography information for Jesse Norman
tabling member	4474 label Biography information for Kevin Hollinrake

1279637

registered interest
date	22/01/2021
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	VAT
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, what estimate his Department has made of the value of deferred VAT payments under the Deferral Scheme for VAT that will become payable on or after 1 December 2020.
tabling member constituency	Thirsk and Malton
tabling member printed	Kevin Hollinrake
uin	142029
answer	answer is ministerial correction date of answer 27/01/2021 answer text <p>Approximately £34bn of the VAT that was due between 20 March and 30 June 2020 was deferred until 31 March 2021. Some businesses have started to pay deferred VAT ahead of 31 March 2021 but most of the £34bn remains outstanding.</p><p> </p><p>Businesses can pay deferred VAT in full by 31 March 2021 or, should they wish, they can spread payment of deferred VAT over smaller monthly instalments. Further details are available at <a href="http://www.gov.uk/hmrc/vat-deferral" target="_blank">www.gov.uk/hmrc/vat-deferral</a>.</p> answering member constituency Hereford and South Herefordshire answering member printed Jesse Norman question first answered 27/01/2021 13:59:10 answering member 3991 label Biography information for Jesse Norman
tabling member	4474 label Biography information for Kevin Hollinrake

1274366

registered interest
date	06/01/2021
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Landlords: Tax Allowances
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, how much additional revenue has been raised as a result of the decision to restrict mortgage interest relief for residential landlords to the basic rate of income tax, in each year since April 2017.
tabling member constituency	Thirsk and Malton
tabling member printed	Kevin Hollinrake
uin	133962
answer	answer is ministerial correction date of answer 11/01/2021 answer text <p>From April 2017 to April 2020, the Government phased in a restriction of deductions for finance costs for landlords of residential properties to the equivalent of the basic rate of income tax. The restriction makes the tax system fairer by ensuring landlords with higher incomes no longer receive the most generous tax treatment.</p><p> </p><p>The restriction is estimated to have increased income tax liabilities by about £150 million in its first year (2017-18). Estimates for subsequent years are not available.</p><p> </p> answering member constituency Hereford and South Herefordshire answering member printed Jesse Norman question first answered 11/01/2021 13:22:49 answering member 3991 label Biography information for Jesse Norman
tabling member	4474 label Biography information for Kevin Hollinrake

1180355

registered interest
date	25/02/2020
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Business Rates
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, what representations he has received on the scope of the forthcoming review of business rates; and if he will ensure that the review assesses the potential merits of solutions from across the business tax system.
tabling member constituency	Thirsk and Malton
tabling member printed	Kevin Hollinrake
uin	20536
answer	answer is ministerial correction date of answer 04/03/2020 answer text <p>The Government has committed to a fundamental review of business rates and will set out further details in due course, including how interested groups and individuals can engage with and contribute to the review.</p> answering member constituency Hereford and South Herefordshire answering member printed Jesse Norman grouped question UIN 20537 question first answered 04/03/2020 16:16:07 answering member 3991 label Biography information for Jesse Norman
tabling member	4474 label Biography information for Kevin Hollinrake

1180356

registered interest
date	25/02/2020
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Business Rates
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, what the scope is of the forthcoming review of business rates; and what plans he has for consulting industry during that review.
tabling member constituency	Thirsk and Malton
tabling member printed	Kevin Hollinrake
uin	20537
answer	answer is ministerial correction date of answer 04/03/2020 answer text <p>The Government has committed to a fundamental review of business rates and will set out further details in due course, including how interested groups and individuals can engage with and contribute to the review.</p> answering member constituency Hereford and South Herefordshire answering member printed Jesse Norman grouped question UIN 20536 question first answered 04/03/2020 16:16:07 answering member 3991 label Biography information for Jesse Norman
tabling member	4474 label Biography information for Kevin Hollinrake

1177470

registered interest
date	10/02/2020
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Ports: Infrastructure
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, what steps he plans to take to build infrastructure at ports for undertaking customs checks on (a) vehicles and (b) goods coming from the EU from 1 January 2021.
tabling member constituency	Thirsk and Malton
tabling member printed	Kevin Hollinrake
uin	14814
answer	answer is ministerial correction date of answer 17/02/2020 answer text <p>HMRC will continue to engage with port authorities at key border locations to understand the constraints on different sites, and to discuss how to ensure that ports are operationally ready for the end of the transition period.</p><p> </p><p>HMRC will also continue to keep their plans for additional infrastructure under review, depending on what is needed as part of the future trading relationship between the United Kingdom and the European Union.</p> answering member constituency Hereford and South Herefordshire answering member printed Jesse Norman question first answered 17/02/2020 14:10:26 answering member 3991 label Biography information for Jesse Norman
tabling member	4474 label Biography information for Kevin Hollinrake