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1308525

registered interest
date	14/04/2021
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	First-time Buyers: Stamp Duty Land Tax
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 potentially detrimental effects of the extension of the stamp duty holiday on the ability of first-time buyers to purchase a home; and what steps he is taking with Cabinet colleagues to mitigate those effects.
tabling member constituency	Ealing Central and Acton
tabling member printed	Dr Rupa Huq
uin	180563
answer	answer is ministerial correction date of answer 19/04/2021 answer text <p>The temporary SDLT relief was designed to stimulate immediate momentum in a property market where property transactions fell by as much as 50 per cent during the COVID-19 lockdown in March. This momentum in the property market has supported jobs which rely on custom from the property industry, such as retailers and tradespeople.</p><p> </p><p>First Time Buyers will benefit from the increase in available properties and save up to an additional £10,000 in SDLT, on top of the £5,000 they could already save under First Time Buyers relief. When the nil rate band steps down to £250,000 in July, first-time buyers still benefit from their first-time buyer SDLT advantage.</p><p> </p><p>The Government has also introduced help for first-time buyers, particularly those with smaller deposits, through the new mortgage guarantee scheme which will help to re-introduce 95% loan to value mortgage products to first-time buyers.</p> answering member constituency Hereford and South Herefordshire answering member printed Jesse Norman question first answered 19/04/2021 14:30:32 answering member 3991 label Biography information for Jesse Norman
tabling member	4511 label Biography information for Dr Rupa Huq

1306848

registered interest
date	13/04/2021
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Sanitary Products: VAT
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, what assessment she has made of the effect on women's income of excluding reusable sanitary underwear from the new zero rate of VAT.
tabling member constituency	Wrexham
tabling member printed	Sarah Atherton
uin	178541
answer	answer is ministerial correction date of answer 20/04/2021 answer text <p>A zero rate of VAT has applied to women’s sanitary products since 1 January 2021. This applies to those products which were previously subject to the reduced rate of 5 per cent, for example, tampons and pads, and to reusable menstrual products, such as keepers.</p><p> </p><p>The relief specifically excludes articles of clothing, such as “period pants”. Such exclusions are designed to ensure that the relief is properly targeted, since difficulties in policing the scope of the relief create the potential for litigation, erosion of the tax base and a reduction in revenue. Under existing rules “period pants” may already qualify for the zero rate, if they have been specifically designed to be worn by a child, meet the sizing criteria, and are held out for sale specifically for use by girls under the age of 14 years old.</p><p> </p><p>Details are provided in VAT Notice 714: zero-rating young children's clothing and footwear: <a href="https://www.gov.uk/government/publications/vat-notice-714-zero-rating-young-childrens-clothing-and-footwear/vat-notice-714-zero-rating-young-childrens-clothing-and-footwear#items-suitable-only-for-young-children" target="_blank">https://www.gov.uk/government/publications/vat-notice-714-zero-rating-young-childrens-clothing-and-footwear/vat-notice-714-zero-rating-young-childrens-clothing-and-footwear#items-suitable-only-for-young-children</a>.</p><p> </p><p>The Treasury, along with other relevant departments, carefully considers the impact of its decisions on those sharing protected characteristics, including at Budgets and other fiscal events, in line with both its legal obligations and with its commitment to promoting fairness.</p> answering member constituency Hereford and South Herefordshire answering member printed Jesse Norman question first answered 20/04/2021 15:03:53 answering member 3991 label Biography information for Jesse Norman
tabling member	4855 label Biography information for Sarah Atherton

1308448

registered interest
date	13/04/2021
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Music: SME Brexit Support Fund
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, whether small and medium sized enterprises trading in the music industry are eligible to apply for the SME Brexit Support Fund.
tabling member constituency	Cardiff West
tabling member printed	Kevin Brennan
uin	180414
answer	answer is ministerial correction date of answer 19/04/2021 answer text <p>Small and medium-sized enterprises that were trading with the EU prior to 1 January are eligible for the SME Brexit Support Fund if they were only trading with the EU and therefore need to adjust to new customs, rules of origin, and VAT rules.</p> answering member constituency Hereford and South Herefordshire answering member printed Jesse Norman question first answered 19/04/2021 14:38:16 answering member 3991 label Biography information for Jesse Norman
tabling member	1400 label Biography information for Kevin Brennan

1308449

registered interest
date	13/04/2021
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	SME Brexit Support Fund
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 benefits to businesses of the SME Brexit Support Fund.
tabling member constituency	Cardiff West
tabling member printed	Kevin Brennan
uin	180415
answer	answer is ministerial correction date of answer 21/04/2021 answer text <p>The £20 million SME Brexit fund enables traders to access practical support, including training for new customs, rules of origin and VAT processes. It allows smaller businesses to apply for grants of up to £2,000 to help them adapt to new customs and tax rules when trading with the EU. Small and medium-sized enterprises can also use this money to seek professional advice in these areas.</p> answering member constituency Hereford and South Herefordshire answering member printed Jesse Norman question first answered 21/04/2021 13:51:50 answering member 3991 label Biography information for Jesse Norman
tabling member	1400 label Biography information for Kevin Brennan

1308481

registered interest
date	13/04/2021
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, with reference to the implementation of changes to the loan charge, what estimate he has made of the number of people that are (a) falling into debt and (b) declaring bankruptcy as a result of those changes; and what assessment he has made of the effect on the mental health of people affected by those changes.
tabling member constituency	Coventry South
tabling member printed	Zarah Sultana
uin	180619
answer	answer is ministerial correction date of answer 20/04/2021 answer text <p>No estimate can be provided for the number of people who have fallen into debt, or who have been declared bankrupt, as a result of the loan charge. Falling into debt or being declared bankrupt can occur for many reasons, not necessarily as a direct result of a loan charge liability.</p><p>HMRC are not always the only creditor; some individuals may fall into debt or are 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>HMRC only ever consider insolvency as a last resort and encourage taxpayers to get in contact 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. Where a taxpayer is unable to pay their debt in full HMRC will work with them to agree an instalment arrangement based on their individual financial circumstances, and there is no maximum length.</p><p>The Government recognises that tax burdens can add significant pressures. HMRC also recognise that some taxpayers need extra help because of their individual needs or circumstances. HMRC are committed to identifying and supporting taxpayers who need extra help with their tax affairs.</p><p>HMRC have signposted the extra help available to taxpayers in correspondence and on calls. Staff look out for indications that a taxpayer may need extra support, and where appropriate will transfer them to an Extra Support adviser who has the skills and knowledge needed to help them.</p> answering member constituency Hereford and South Herefordshire answering member printed Jesse Norman question first answered 20/04/2021 15:05:06 answering member 3991 label Biography information for Jesse Norman
tabling member	4786 label Biography information for Zarah Sultana

1308587

registered interest
date	13/04/2021
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Business: Overseas Trade
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, what measures the Government has put in place to support businesses that have experienced a decline in (a) exports and (b) imports between December 2020 and March 2021.
tabling member constituency	Coventry South
tabling member printed	Zarah Sultana
uin	180620
answer	answer is ministerial correction date of answer 19/04/2021 answer text <p>The Government has put in place a range of measures to facilitate trade with the EU and to avoid disruption at ports including publishing comprehensive guidance on the new arrangements for trade with the EU and operating a staged approach to customs controls. Until 31 December 2021 most traders importing non-controlled goods from the EU can make a declaration in their own records and defer making a customs declaration to HMRC for 175 days. Further information can be found at <a href="https://www.gov.uk/guidance/delaying-declarations-for-eu-goods-brought-into-great-britain" target="_blank">https://www.gov.uk/guidance/delaying-declarations-for-eu-goods-brought-into-great-britain</a>. The Government has also provided a £20 million Brexit Support Fund to support small and medium sized businesses (SMEs) in adjusting to new customs, rules of origin, and VAT rules when trading with the EU.</p><p> </p><p>In addition, businesses can choose to use customs facilitations to make trading across borders quicker, cheaper and easier. Further information can be found at <a href="https://www.gov.uk/guidance/check-if-you-can-delay-customs-duty-and-import-vat" target="_blank">https://www.gov.uk/guidance/check-if-you-can-delay-customs-duty-and-import-vat</a>.</p> answering member constituency Hereford and South Herefordshire answering member printed Jesse Norman grouped question UIN 180621 question first answered 19/04/2021 14:27:29 answering member 3991 label Biography information for Jesse Norman
tabling member	4786 label Biography information for Zarah Sultana

1306936

registered interest
date	12/04/2021
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Empty Property: Business Rates
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 extending empty property business rates relief on properties that remain empty due to the covid-19 outbreak.
tabling member constituency	Battersea
tabling member printed	Marsha De Cordova
uin	178591
answer	answer is ministerial correction date of answer 20/04/2021 answer text <p>The Government maintains an Empty Property Relief (EPR) to support property owners ahead of the reoccupation of vacated premises.</p><p> </p><p>Under EPR, owners of retail properties do not normally have to pay business rates on newly vacated buildings for three months.</p><p> </p><p>The Budget announced a three-month extension to the business rates holiday for eligible businesses in the retail, hospitality and leisure sectors that was provided at Budget 2020. From 1 July 2021, 66% relief will be available subject to a cash cap that depends on whether businesses have been required to close or were able to open.</p><p> </p><p>Properties which have closed temporarily due to the Government’s advice on COVID-19 should be treated as occupied for the purposes of the business rates holiday for retail, hospitality and leisure properties.</p> answering member constituency Hereford and South Herefordshire answering member printed Jesse Norman question first answered 20/04/2021 13:57:44 answering member 3991 label Biography information for Jesse Norman
tabling member	4676 label Biography information for Marsha De Cordova

1306937

registered interest
date	12/04/2021
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	UK Trade with EU: VAT
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 on small businesses of VAT charges on goods imported from the EU.
tabling member constituency	Battersea
tabling member printed	Marsha De Cordova
uin	178593
answer	answer is ministerial correction date of answer 20/04/2021 answer text <p>Any businesses, including small businesses, that are registered for UK VAT have the ability to reclaim VAT charged on goods imported from the EU on their VAT return.</p><p> </p><p>As with all tax measures, where new changes have been introduced, the Government includes its assessment of the impacts of the changes in Tax Information and Impact Notes. Notes for measures recently legislated for in the Taxation (Post-transition Period) Act were published alongside that legislation.</p> answering member constituency Hereford and South Herefordshire answering member printed Jesse Norman question first answered 20/04/2021 13:58:46 answering member 3991 label Biography information for Jesse Norman
tabling member	4676 label Biography information for Marsha De Cordova

1306945

registered interest
date	12/04/2021
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Capital Gains Tax
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, what the evidential basis was for not raising the Capital Gains Tax in line with Income Tax as part of Budget 2021.
tabling member constituency	Coventry South
tabling member printed	Zarah Sultana
uin	178615
answer	answer is ministerial correction date of answer 15/04/2021 answer text <p>The Government keeps all taxes under review, and any changes are made at fiscal events within the context of wider public finances. As demonstrated in last month’s Budget, the Government’s priority is supporting jobs and the economic recovery from the pandemic.</p><p> </p><p>Any changes to the tax system will balance the need to raise revenue with the principles of fairness and market efficiency.</p><p> </p> answering member constituency Hereford and South Herefordshire answering member printed Jesse Norman question first answered 15/04/2021 14:35:28 answering member 3991 label Biography information for Jesse Norman
tabling member	4786 label Biography information for Zarah Sultana

1306991

registered interest
date	12/04/2021
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Boats: VAT
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, what assessment his Department has made of the potential effect of HMRC rules which incur VAT charges on returning boats on UK citizens with boats in the EU as a result of covid-19 travel restrictions.
tabling member constituency	Sheffield Central
tabling member printed	Paul Blomfield
uin	178712
answer	answer is ministerial correction date of answer 15/04/2021 answer text <p>Relief from import VAT and any customs duty is available under Returned Goods Relief (RGR) for goods exported from the UK and re-imported within three years in an unaltered state. Goods which were transported from the UK to the EU and which remained located in the EU at the end of the transition period will be eligible for RGR, subject to meeting the conditions for the relief, if they are returned to Great Britain by 30 June 2022, regardless of the date they were transported to the EU. This extends the period during which such goods can return to Great Britain under RGR by a further six months in view of the continuing COVID-19 travel restrictions in the UK and in the EU. The extension of this grace period is included in the revised RGR legislation published on 22 March 2021: <a href="https://www.gov.uk/government/publications/reference-documents-for-the-customs-reliefs-from-a-liability-to-import-duty-and-miscellaneous-amendments-eu-exit-regulations-2020" target="_blank">https://www.gov.uk/government/publications/reference-documents-for-the-customs-reliefs-from-a-liability-to-import-duty-and-miscellaneous-amendments-eu-exit-regulations-2020</a>.</p><p>For RGR to apply on import VAT relief, the exporter and the importer need to be the same person.</p> answering member constituency Hereford and South Herefordshire answering member printed Jesse Norman question first answered 15/04/2021 14:45:22 answering member 3991 label Biography information for Jesse Norman
tabling member	4058 label Biography information for Paul Blomfield