Linked Data API

Show Search Form

Search Results

1274702
registered interest false more like this
date less than 2021-01-08more like thismore than 2021-01-08
answering body
Treasury more like this
answering dept id 14 more like this
answering dept short name Treasury more like this
answering dept sort name Treasury more like this
hansard heading Workplace Pensions: Tax Allowances more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask the Chancellor of the Exchequer, what progress his Department has made on responding to its consultation on pensions tax relief administration; and what the timeframe is for publishing a response to that consultation. more like this
tabling member constituency Airdrie and Shotts more like this
tabling member printed
Neil Gray more like this
uin 134452 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2021-01-14more like thismore than 2021-01-14
answer text <p>The Government recognises the different impacts of the two systems of paying pension tax relief on pension contributions for workers earning below the personal allowance. At Budget 2020, the Government announced it would launch a Call for Evidence on pensions tax relief administration, in line with its manifesto commitment to undertake a comprehensive review of this issue.</p><p> </p><p>This Call for Evidence set out the Government’s views on proposals already put forward by stakeholders, invited further proposals, and sought views on the operation of the RAS method.</p><p> </p><p>The Call for Evidence is now closed. The Government is analysing the responses and will respond in due course.</p> more like this
answering member constituency Salisbury remove filter
answering member printed John Glen more like this
grouped question UIN
134453 more like this
134455 more like this
134456 more like this
question first answered
less than 2021-01-14T16:41:33.477Zmore like thismore than 2021-01-14T16:41:33.477Z
answering member
4051
label Biography information for John Glen more like this
tabling member
4365
label Biography information for Neil Gray more like this
1274703
registered interest false more like this
date less than 2021-01-08more like thismore than 2021-01-08
answering body
Treasury more like this
answering dept id 14 more like this
answering dept short name Treasury more like this
answering dept sort name Treasury more like this
hansard heading Workplace Pensions: Tax Allowances more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask the Chancellor of the Exchequer, what recent assessment he has made of the effect of the administration of pensions tax relief on low-income workers; and if he will make a statement. more like this
tabling member constituency Airdrie and Shotts more like this
tabling member printed
Neil Gray more like this
uin 134453 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2021-01-14more like thismore than 2021-01-14
answer text <p>The Government recognises the different impacts of the two systems of paying pension tax relief on pension contributions for workers earning below the personal allowance. At Budget 2020, the Government announced it would launch a Call for Evidence on pensions tax relief administration, in line with its manifesto commitment to undertake a comprehensive review of this issue.</p><p> </p><p>This Call for Evidence set out the Government’s views on proposals already put forward by stakeholders, invited further proposals, and sought views on the operation of the RAS method.</p><p> </p><p>The Call for Evidence is now closed. The Government is analysing the responses and will respond in due course.</p> more like this
answering member constituency Salisbury remove filter
answering member printed John Glen more like this
grouped question UIN
134452 more like this
134455 more like this
134456 more like this
question first answered
less than 2021-01-14T16:41:33.543Zmore like thismore than 2021-01-14T16:41:33.543Z
answering member
4051
label Biography information for John Glen more like this
tabling member
4365
label Biography information for Neil Gray more like this
1274704
registered interest false more like this
date less than 2021-01-08more like thismore than 2021-01-08
answering body
Treasury more like this
answering dept id 14 more like this
answering dept short name Treasury more like this
answering dept sort name Treasury more like this
hansard heading Workplace Pensions: Tax Allowances more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask the Chancellor of the Exchequer, what recent estimate he has made of the number of low-income workers with reduced take-home pay following application of pensions tax relief by pension scheme operators. more like this
tabling member constituency Airdrie and Shotts more like this
tabling member printed
Neil Gray more like this
uin 134454 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2021-01-14more like thismore than 2021-01-14
answer text <p>HMRC has estimated the number of individuals earning below the personal allowance and making workplace pension contributions via Real Time Information (RTI) using net pay arrangements.</p><p>For 2017-18, when the personal allowance was £11,500, HMRC estimate the number of individuals to be 1.5 million.</p><p>HMRC’s Survey of Personal Income (SPI) and administrative data was used to produce the estimates. The 2017-18 SPI data (published in March 2020) is the latest year available.</p> more like this
answering member constituency Salisbury remove filter
answering member printed John Glen more like this
question first answered
less than 2021-01-14T16:44:12.537Zmore like thismore than 2021-01-14T16:44:12.537Z
answering member
4051
label Biography information for John Glen more like this
tabling member
4365
label Biography information for Neil Gray more like this
1274705
registered interest false more like this
date less than 2021-01-08more like thismore than 2021-01-08
answering body
Treasury more like this
answering dept id 14 more like this
answering dept short name Treasury more like this
answering dept sort name Treasury more like this
hansard heading Workplace Pensions: Tax Allowances more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask the Chancellor of the Exchequer, whether he plans to bring forward legislative proposals to amend net pay pension schemes to ensure that people earning below the personal tax threshold can access their full tax relief entitlement. more like this
tabling member constituency Airdrie and Shotts more like this
tabling member printed
Neil Gray more like this
uin 134455 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2021-01-14more like thismore than 2021-01-14
answer text <p>The Government recognises the different impacts of the two systems of paying pension tax relief on pension contributions for workers earning below the personal allowance. At Budget 2020, the Government announced it would launch a Call for Evidence on pensions tax relief administration, in line with its manifesto commitment to undertake a comprehensive review of this issue.</p><p> </p><p>This Call for Evidence set out the Government’s views on proposals already put forward by stakeholders, invited further proposals, and sought views on the operation of the RAS method.</p><p> </p><p>The Call for Evidence is now closed. The Government is analysing the responses and will respond in due course.</p> more like this
answering member constituency Salisbury remove filter
answering member printed John Glen more like this
grouped question UIN
134452 more like this
134453 more like this
134456 more like this
question first answered
less than 2021-01-14T16:41:33.583Zmore like thismore than 2021-01-14T16:41:33.583Z
answering member
4051
label Biography information for John Glen more like this
tabling member
4365
label Biography information for Neil Gray more like this
1274706
registered interest false more like this
date less than 2021-01-08more like thismore than 2021-01-08
answering body
Treasury more like this
answering dept id 14 more like this
answering dept short name Treasury more like this
answering dept sort name Treasury more like this
hansard heading Workplace Pensions: Tax Allowances more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask the Chancellor of the Exchequer, what steps he is taking with Chancellor of the Exchequer to resolve net pay tax issues for low-income workers; and if he will make a statement. more like this
tabling member constituency Airdrie and Shotts more like this
tabling member printed
Neil Gray more like this
uin 134456 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2021-01-14more like thismore than 2021-01-14
answer text <p>The Government recognises the different impacts of the two systems of paying pension tax relief on pension contributions for workers earning below the personal allowance. At Budget 2020, the Government announced it would launch a Call for Evidence on pensions tax relief administration, in line with its manifesto commitment to undertake a comprehensive review of this issue.</p><p> </p><p>This Call for Evidence set out the Government’s views on proposals already put forward by stakeholders, invited further proposals, and sought views on the operation of the RAS method.</p><p> </p><p>The Call for Evidence is now closed. The Government is analysing the responses and will respond in due course.</p> more like this
answering member constituency Salisbury remove filter
answering member printed John Glen more like this
grouped question UIN
134452 more like this
134453 more like this
134455 more like this
question first answered
less than 2021-01-14T16:41:33.647Zmore like thismore than 2021-01-14T16:41:33.647Z
answering member
4051
label Biography information for John Glen more like this
tabling member
4365
label Biography information for Neil Gray more like this
1259181
registered interest false more like this
date less than 2020-12-08more like thismore than 2020-12-08
answering body
Treasury more like this
answering dept id 14 more like this
answering dept short name Treasury more like this
answering dept sort name Treasury more like this
hansard heading Pensions: Fraud more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask the Chancellor of the Exchequer, if he will take steps to ensure that HMRC pursues pension scammers holding stolen funds. more like this
tabling member constituency Airdrie and Shotts more like this
tabling member printed
Neil Gray more like this
uin 126891 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2020-12-14more like thismore than 2020-12-14
answer text Most pension avoidance scheme promoters do not break the tax rules. But where they do, HMRC will pursue them. HMRC is responsible for pension tax relief but not for the regulation of pension schemes. Regulation is the responsibility of the Pensions Regulator and the Financial Conduct Authority. HMRC works with other regulators and law enforcement agencies, through Project Bloom, to ensure a co-ordinated and joined up approach is taken to tackle pension avoidance schemes. more like this
answering member constituency Salisbury remove filter
answering member printed John Glen more like this
question first answered
less than 2020-12-14T15:39:37.277Zmore like thismore than 2020-12-14T15:39:37.277Z
answering member
4051
label Biography information for John Glen more like this
tabling member
4365
label Biography information for Neil Gray more like this
1259182
registered interest false more like this
date less than 2020-12-08more like thismore than 2020-12-08
answering body
Treasury more like this
answering dept id 14 more like this
answering dept short name Treasury more like this
answering dept sort name Treasury more like this
hansard heading Pensions: Fraud more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask the Chancellor of the Exchequer, how many tax rule breaches resulting from pension scams have been identified by HMRC in each of the last five years. more like this
tabling member constituency Airdrie and Shotts more like this
tabling member printed
Neil Gray more like this
uin 126892 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2020-12-14more like thismore than 2020-12-14
answer text <p>HMRC deals with tackling tax avoidance, evasion and other forms of non-compliance.</p><p> </p><p>HMRC is responsible for pension tax relief but not for the regulation of pension schemes. Regulation is the responsibility of the Pensions Regulator and the Financial Conduct Authority.</p><p> </p><p>Since 2015 individuals over 55 have been able to legally withdraw amounts from their pension pots, pay tax on the amounts withdrawn and invest the amounts however they wish. However, as the amounts withdrawn and the investment occurs outside of the pensions tax wrapper, this does not give rise to tax breaches, provided the relevant tax charges are paid.</p><p> </p><p>Pension investment frauds are arguably a subset of investment frauds. Serious or complex fraud is a criminal offence and is investigated by the Serious Fraud Office (SFO). The Financial Conduct Authority (FCA), also has as one of its statutory objectives the reduction of financial crime, which includes fraud.</p><p> </p><p>HMRC empathises with anyone who believes that they may have been misled about their pension investments. We will continue working closely with the Pensions Regulator and Financial Conduct Authority to tackle pension avoidance schemes.</p>
answering member constituency Salisbury remove filter
answering member printed John Glen more like this
question first answered
less than 2020-12-14T15:43:39.313Zmore like thismore than 2020-12-14T15:43:39.313Z
answering member
4051
label Biography information for John Glen more like this
tabling member
4365
label Biography information for Neil Gray more like this
1237544
registered interest false more like this
date less than 2020-09-25more like thismore than 2020-09-25
answering body
Treasury more like this
answering dept id 14 more like this
answering dept short name Treasury more like this
answering dept sort name Treasury more like this
hansard heading Pensions: Fraud more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask the Chancellor of the Exchequer, what recent guidance he has issued to HMRC on the tax treatment of the victims of pension scams. more like this
tabling member constituency Airdrie and Shotts more like this
tabling member printed
Neil Gray more like this
uin 95092 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2020-09-29more like thismore than 2020-09-29
answer text <p>We take the issue of pension scams very seriously. The government is committed to protecting people from pension scams and pursuing those who perpetuate pension scams wherever possible.</p><p> </p><p>In 2012 the government established Project Bloom, a cross-government taskforce currently led by the Pensions Regulator (TPR), to tackle scams and identify emerging threats.</p><p> </p><p>HMRC will continue to come down hard on scammers who we identify, working closely with the Pensions Regulator and Financial Conduct Authority in a cross-agency approach.</p><p> </p><p>HMRC does not hold an estimate of the number of breaches of tax law which were made as a result of pension scams.</p> more like this
answering member constituency Salisbury remove filter
answering member printed John Glen more like this
grouped question UIN
95093 more like this
95094 more like this
question first answered
less than 2020-09-29T08:15:06.647Zmore like thismore than 2020-09-29T08:15:06.647Z
answering member
4051
label Biography information for John Glen more like this
tabling member
4365
label Biography information for Neil Gray more like this
1237545
registered interest false more like this
date less than 2020-09-24more like thismore than 2020-09-24
answering body
Treasury more like this
answering dept id 14 more like this
answering dept short name Treasury more like this
answering dept sort name Treasury more like this
hansard heading Pensions: Fraud more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask the Chancellor of the Exchequer, what estimate he has made of the number of breaches of tax law which were made as a result of pension scams in the last 12 months for which figures are available. more like this
tabling member constituency Airdrie and Shotts more like this
tabling member printed
Neil Gray more like this
uin 95093 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2020-09-29more like thismore than 2020-09-29
answer text <p>We take the issue of pension scams very seriously. The government is committed to protecting people from pension scams and pursuing those who perpetuate pension scams wherever possible.</p><p> </p><p>In 2012 the government established Project Bloom, a cross-government taskforce currently led by the Pensions Regulator (TPR), to tackle scams and identify emerging threats.</p><p> </p><p>HMRC will continue to come down hard on scammers who we identify, working closely with the Pensions Regulator and Financial Conduct Authority in a cross-agency approach.</p><p> </p><p>HMRC does not hold an estimate of the number of breaches of tax law which were made as a result of pension scams.</p> more like this
answering member constituency Salisbury remove filter
answering member printed John Glen more like this
grouped question UIN
95092 more like this
95094 more like this
question first answered
less than 2020-09-29T08:15:06.713Zmore like thismore than 2020-09-29T08:15:06.713Z
answering member
4051
label Biography information for John Glen more like this
tabling member
4365
label Biography information for Neil Gray more like this
1237547
registered interest false more like this
date less than 2020-09-24more like thismore than 2020-09-24
answering body
Treasury more like this
answering dept id 14 more like this
answering dept short name Treasury more like this
answering dept sort name Treasury more like this
hansard heading Pensions: Fraud more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask the Chancellor of the Exchequer, what discussions his Department has had with HM Revenue and Customs on its approach to tax rule breaches arising from pension scams. more like this
tabling member constituency Airdrie and Shotts more like this
tabling member printed
Neil Gray more like this
uin 95094 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2020-09-29more like thismore than 2020-09-29
answer text <p>We take the issue of pension scams very seriously. The government is committed to protecting people from pension scams and pursuing those who perpetuate pension scams wherever possible.</p><p> </p><p>In 2012 the government established Project Bloom, a cross-government taskforce currently led by the Pensions Regulator (TPR), to tackle scams and identify emerging threats.</p><p> </p><p>HMRC will continue to come down hard on scammers who we identify, working closely with the Pensions Regulator and Financial Conduct Authority in a cross-agency approach.</p><p> </p><p>HMRC does not hold an estimate of the number of breaches of tax law which were made as a result of pension scams.</p> more like this
answering member constituency Salisbury remove filter
answering member printed John Glen more like this
grouped question UIN
95092 more like this
95093 more like this
question first answered
less than 2020-09-29T08:15:06.743Zmore like thismore than 2020-09-29T08:15:06.743Z
answering member
4051
label Biography information for John Glen more like this
tabling member
4365
label Biography information for Neil Gray more like this