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1521293

registered interest
date	12/10/2022
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Stamp Duty Land Tax: Costs
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 potential cost to the Treasury of his proposed cuts to stamp duty.
tabling member constituency	Putney
tabling member printed	Fleur Anderson
uin	62143
answer	answer is ministerial correction date of answer 17/10/2022 answer text <p>On 23 September 2022, the Chancellor announced a permanent cut to Stamp Duty Land Tax (SDLT). The Government has increased the nil-rate threshold for residential SDLT from £125,000 to £250,000 as part of the Growth Plan. The nil-rate threshold for first-time buyers has also been increased from £300,000 to £425,000. The maximum property value for which First Time Buyers Relief can be claimed increased from £500,000 to £625,000.</p><p> </p><p>The Government currently estimate this measure will have the following Exchequer impact:</p><p>2022-23: -£795 million</p><p>2023-24: -£1,450 million</p><p>2024-25: -£1,535 million</p><p>2025-26: -£1,595 million</p><p>2026-27: -£1,655 million</p><p> </p><p>These figures are set out in Table 4.2 of the Growth Plan 2022, available here: <a href="https://www.gov.uk/government/publications/the-growth-plan-2022-documents" target="_blank">https://www.gov.uk/government/publications/the-growth-plan-2022-documents</a></p> answering member constituency North East Bedfordshire answering member printed Richard Fuller question first answered 17/10/2022 15:53:36 answering member 3912 label Biography information for Richard Fuller
tabling member	4788 label Biography information for Fleur Anderson

1521391

registered interest
date	12/10/2022
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, whether his Department has made an assessment of the potential merits of an independent inquiry into the Loan Charge.
tabling member constituency	Inverness, Nairn, Badenoch and Strathspey
tabling member printed	Drew Hendry
uin	61980
answer	answer is ministerial correction date of answer 17/10/2022 answer text <p>The 2019 Independent Loan Charge Review drew upon all the available evidence and expert advice to consider the appropriateness of the Loan Charge policy, and its impact on individuals, reflecting the main concerns that had been raised by MPs and campaigners. The Government accepted all but one of the twenty recommendations in the review.</p><p> </p><p>While there are no plans for a further independent review, the Government continues to look carefully at this issue to ensure that we provide taxpayers with all the support they need.</p> answering member constituency North East Bedfordshire answering member printed Richard Fuller grouped question UIN 61845 question first answered 17/10/2022 15:56:37 answering member 3912 label Biography information for Richard Fuller
tabling member	4467 label Biography information for Drew Hendry

1521427

registered interest
date	12/10/2022
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, if he will order an independent review into the Loan Charge.
tabling member constituency	Edinburgh South
tabling member printed	Ian Murray
uin	61845
answer	answer is ministerial correction date of answer 17/10/2022 answer text <p>The 2019 Independent Loan Charge Review drew upon all the available evidence and expert advice to consider the appropriateness of the Loan Charge policy, and its impact on individuals, reflecting the main concerns that had been raised by MPs and campaigners. The Government accepted all but one of the twenty recommendations in the review.</p><p> </p><p>While there are no plans for a further independent review, the Government continues to look carefully at this issue to ensure that we provide taxpayers with all the support they need.</p> answering member constituency North East Bedfordshire answering member printed Richard Fuller grouped question UIN 61980 question first answered 17/10/2022 15:56:37 answering member 3912 label Biography information for Richard Fuller
tabling member	3966 label Biography information for Ian Murray

1520678

registered interest
date	11/10/2022
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Shipping: Minimum Wage
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, how the National Minimum Wage for Seafarers on UK flagged ships is monitored; and what plans his Department has to publish monitoring data.
tabling member constituency	South Shields
tabling member printed	Mrs Emma Lewell-Buck
uin	61142
answer	answer is ministerial correction date of answer 17/10/2022 answer text <p>The Government is determined that everyone who is entitled to the National Minimum Wage (NMW) receives it.</p><p> </p><p>HMRC does not routinely publish sector specific data on NMW complaints received. However, since April 2021, they have received the following number of complaints from seafarers and third-party information (from members of the public who may not work for a specific employer) since April 2021:</p><p> </p><table><tbody><tr><td><p>Year</p></td><td><p>Complaints Received</p></td><td><p>Third Party Information Received</p></td></tr><tr><td><p>2021-22</p></td><td><p>9</p></td><td><p>11</p></td></tr><tr><td><p>2022-23</p></td><td><p>4</p></td><td><p>2</p></td></tr><tr><td><p>Total:</p></td><td><p>13</p></td><td><p>13</p></td></tr></tbody></table><p> </p><p> </p><p>HMRC consider and take all complaints seriously from workers referred by the Acas helpline, or received via the online complaints form, and investigate as appropriate.</p><p> </p><p>HMRC do not just rely on complaints. They also undertake proactive enforcement activities, based on their own risk modelling, and undertaking outreach activities to help employers understand their obligations and making sure workers know their rights</p><p> </p><p>If anyone thinks they are not receiving at least the minimum wage, they can contact Acas, in confidence, on 0300 123 1100 or submit a query online using the link: <a href="https://www.gov.uk/government/publications/pay-and-work-rights-complaints" target="_blank">https://www.gov.uk/government/publications/pay-and-work-rights-complaints</a>.</p> answering member constituency North East Bedfordshire answering member printed Richard Fuller question first answered 17/10/2022 15:55:06 answering member 3912 label Biography information for Richard Fuller
tabling member	4277 label Biography information for Mrs Emma Lewell-Buck

1518932

registered interest
date	10/10/2022
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Taxation: Disclosure of Information
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, whether he will publish HMRC assessments for all of the new tax measures he set out on 23 September 2022, including those which will take effect in future tax years.
tabling member constituency	Brighton, Pavilion
tabling member printed	Caroline Lucas
uin	58999
answer	answer is ministerial correction date of answer 13/10/2022 answer text <p>HMRC publishes a summary of impact assessments for tax measures within Tax Information and Impact Notes (TIINs), which provide a clear statement of the policy objective, impact on the Exchequer, the economy, individuals, businesses and civil society organisations, as well as any equality and other specific impacts.</p><p> </p><p>The TIINs for tax measures will be published when the associated legislation is introduced.</p> answering member constituency North East Bedfordshire answering member printed Richard Fuller question first answered 13/10/2022 16:22:59 answering member 3912 label Biography information for Richard Fuller
tabling member	3930 label Biography information for Caroline Lucas

1518954

registered interest
date	10/10/2022
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, what recent assessment his Department has made of the potential impact of the Loan Charge on (a) staff, (b) administration, (c) legal advice and (d) consultancy costs for businesses since the implementation of that scheme.
tabling member constituency	Bath
tabling member printed	Wera Hobhouse
uin	59053
answer	answer is ministerial correction date of answer 18/10/2022 answer text <p>The impact of the Loan Charge on businesses was considered as part of the 22 November 2017 Tax Information and Impact Note (TIIN).</p><p> </p><p>The TIIN assessed that the Loan Charge would only affect businesses engaging in avoidance schemes and would have no impact on the administrative burdens of compliant businesses undertaking normal commercial transactions.</p> answering member constituency North East Bedfordshire answering member printed Richard Fuller question first answered 18/10/2022 13:01:03 answering member 3912 label Biography information for Richard Fuller
tabling member	4602 label Biography information for Wera Hobhouse

1518956

registered interest
date	10/10/2022
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, how many (a) promoters and (b) operators of schemes now subject to the loan charge have been prosecuted for (i) promoting and (ii) operating those schemes.
tabling member constituency	Bath
tabling member printed	Wera Hobhouse
uin	59066
answer	answer is ministerial correction date of answer 18/10/2022 answer text <p>I refer my hon. Friend to the answer that was given on 3 November 2021 to the Question UIN 62867: <a href="https://questions-statements.parliament.uk/written-questions/detail/2021-10-25/62867" target="_blank">https://questions-statements.parliament.uk/written-questions/detail/2021-10-25/62867</a>.</p> answering member constituency North East Bedfordshire answering member printed Richard Fuller question first answered 18/10/2022 12:40:21 answering member 3912 label Biography information for Richard Fuller
tabling member	4602 label Biography information for Wera Hobhouse

1519048

registered interest
date	10/10/2022
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Tax Avoidance: Bankruptcy
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 potential impact of the loan charge on trends in the level of bankruptcies.
tabling member constituency	Bath
tabling member printed	Wera Hobhouse
uin	59114
answer	answer is ministerial correction date of answer 18/10/2022 answer text No estimate can be provided for trends in bankruptcy rates for people that are subject to the loan charge.<p> </p><p>Where debts arise, HMRC are not always the only creditor. Some individuals are declared bankrupt as a result of a non-HMRC debt or may choose to enter insolvency proceedings themselves, based on their overall financial position.</p><p> </p><p>HMRC only ever considers insolvency as a last resort. They encourage taxpayers to get in contact with them, with a view to agreeing the best way to settle the tax debts.</p><p> </p><p>To date, HMRC has not initiated insolvency proceedings against any taxpayer for a Loan Charge debt.</p> answering member constituency North East Bedfordshire answering member printed Richard Fuller question first answered 18/10/2022 13:05:46 answering member 3912 label Biography information for Richard Fuller
tabling member	4602 label Biography information for Wera Hobhouse

1519049

registered interest
date	10/10/2022
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Tax Avoidance: Repayments
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, how many people seeking refunds due to the changes made by the Morse Review have been refunded by HMRC.
tabling member constituency	Bath
tabling member printed	Wera Hobhouse
uin	59171
answer	answer is ministerial correction date of answer 18/10/2022 answer text <p>Following Lord Morse’s Independent Loan Charge Review in 2019, HMRC established the Disguised Renumeration (DR) Repayment Scheme 2020 to repay voluntary payments that taxpayers had agreed to make as part of settlements concluded before changes were made to the scope of the Loan Charge. Individuals and employers had until 30 September 2021 to apply to HMRC for a refund or waiver.</p><p> </p><p>HMRC repays amounts that were paid in DR scheme settlements, and/or waives amounts of instalments due that have not yet been paid if certain conditions are met.</p><p> </p><p>As of 30 September 2022, HMRC had processed approximately 2350 applications, of which approximately 1350 had received either a repayment, a waiver, or both. Approximately 1000 of the applications processed at that date were either invalid or ineligible.</p> answering member constituency North East Bedfordshire answering member printed Richard Fuller question first answered 18/10/2022 13:03:55 answering member 3912 label Biography information for Richard Fuller
tabling member	4602 label Biography information for Wera Hobhouse

1519283

registered interest
date	10/10/2022
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, how much of the tax HMRC believes was avoided through disguised remuneration schemes will be paid by those who (a) recommended, (b) promoted and (c) operated those schemes.
tabling member constituency	Bath
tabling member printed	Wera Hobhouse
uin	59971
answer	answer is ministerial correction date of answer 18/10/2022 answer text <p>Disguised remuneration (DR) avoidance schemes seek to avoid tax that is due from those that use them, so action to counteract this involves a tax charge on the scheme user, rather than the promoter or enablers of such schemes.</p><p> </p><p>Where the user was employed, HMRC will go to the employer to settle the tax due or collect the Loan Charge in the first instance. Where collection from an employer is not possible, such as when the employer no longer exists or is based offshore, HMRC considers other options to collect the tax due. Approximately 80 per cent of the £3.4 billion HMRC brought into charge through DR settlements between Budget 2016 and the end of March 2022 was from employers.</p><p> </p><p>The Government and HMRC are committed to tackling promoters and enablers of tax avoidance schemes. HMRC can charge enablers of defeated tax avoidance schemes penalties of up to 100 per cent of the fees earned, and legislation included in Finance Acts 2021 and 2022 strengthens and accelerates this power and other measures to tackle promoters and enablers. The First-Tier Tribunal has recently imposed a penalty on a promoter for failing to disclose a scheme under the Disclosure of Tax Avoidance Schemes (DOTAS) regime in excess of £1 million.</p> answering member constituency North East Bedfordshire answering member printed Richard Fuller grouped question UIN 59955 question first answered 18/10/2022 12:44:37 answering member 3912 label Biography information for Richard Fuller
tabling member	4602 label Biography information for Wera Hobhouse