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1130339

registered interest
date	06/06/2019
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Public Sector: 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 working in the public sector that are subject to the 2019 loan charge; and if he will make a statement.
tabling member constituency	Welwyn Hatfield
tabling member printed	Grant Shapps
uin	261176
answer	answer is ministerial correction date of answer 11/06/2019 answer text <p>Disguised Remuneration (DR) schemes are contrived arrangements that pay loans in place of ordinary remuneration, with the sole purpose of avoiding income tax and National Insurance contributions. The loans are provided on terms that mean they are not repaid in practice, so they are no different to normal income and are, and always have been, taxable.</p><p> </p><p>The Government estimates that around 50,000 individuals could be affected by the 2019 loan charge. Further information on who the charge affects can be found at page 17 of HM Treasury’s report on time limits and the charge on disguised remuneration loans:</p><p> </p><p><a href="https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/789160/DR_loan_charge_review_web.pdf" target="_blank">https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/789160/DR_loan_charge_review_web.pdf</a>.</p><p> </p><p>This shows, for example, that 65% of the DR user population worked in business services, and only 3% worked in medical or education services.</p> answering member constituency Hereford and South Herefordshire answering member printed Jesse Norman question first answered 11/06/2019 14:31:34 answering member 3991 label Biography information for Jesse Norman
tabling member	1582 label Biography information for Grant Shapps

1130342

registered interest
date	06/06/2019
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Business: Exports
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, how many firms registered under the Registered Exporter system in (a) 2017 and (b) 2018.
tabling member constituency	East Londonderry
tabling member printed	Mr Gregory Campbell
uin	261120
answer	answer is ministerial correction date of answer 11/06/2019 answer text 12,161 exporters registered under the Registered Exporter system in 2017. 28 exporters registered under the Registered Exporter system in 2018. answering member constituency Hereford and South Herefordshire answering member printed Jesse Norman question first answered 11/06/2019 14:34:03 answering member 3991 label Biography information for Jesse Norman
tabling member	1409 label Biography information for Mr Gregory Campbell

1130448

registered interest
date	06/06/2019
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Financial Services: Taxation
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, how much the UK FinTech industry paid the Exchequer in tax revenue in (a) 2017-18 and (b) 2016-17 financial years.
tabling member constituency	Windsor
tabling member printed	Adam Afriyie
uin	261178
answer	answer is ministerial correction date of answer 14/06/2019 answer text <p>HM Revenue and Customs (HMRC) publishes annual statistics relating to income tax, VAT and corporation tax by industry (including the Financial and Insurance Activities Sector). However, HMRC cannot identify receipts from the UK FinTech industry specifically.</p><p> </p><p>For other taxes, industry-level information is not available.</p><p> </p><p>For business rates, the Ministry of Housing, Communities &amp; Local Government collects data only at local authority level and is unable to provide a breakdown by industry.</p> answering member constituency Hereford and South Herefordshire answering member printed Jesse Norman question first answered 14/06/2019 07:46:18 answering member 3991 label Biography information for Jesse Norman
tabling member	1586 label Biography information for Adam Afriyie