Show Search Form

Search Results

registered interest	true false
date	exactly: or between: and
answering body
answering dept id
answering dept short name
answering dept sort name
hansard heading
house id
legislature	pref label
question text
tabling member constituency
tabling member printed
uin
answer	is ministerial correction true false date of answer exactly: or between: and answer text answering member constituency answering member printed question first answered answering member label
tabling member	label

Search

922515

registered interest
date	12/06/2018
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Students: Private Rented Housing
house id	1
legislature	25259 pref label House of Commons
question text	To ask Mr Chancellor of the Exchequer, pursuant to the Answer of 12 June to Question 149630 on student private rented housing; what estimate his Department has made of the expected contribution to the public purse of the removal of tax advantages from holding UK property through offshore companies.
tabling member constituency	Denton and Reddish
tabling member printed	Andrew Gwynne
uin	152687
answer	answer is ministerial correction date of answer 20/06/2018 answer text <p>At Budget 2016 it was announced that, from July 2016, offshore property developers would be taxed on all the profits they make from developing UK land. The latest estimate of this measure’s yield is set out on page 212 of the Office for Budget Responsibility’s Economic and Fiscal Outlook: March 2018.</p><p> </p><p>The government announced at Autumn Budget 2017 that from April 2019 non-residents would be taxed on all the gains they make from UK land and buildings and from April 2020 the rental income received by offshore companies would be subject to the same tax rules and rates which apply to property income as UK companies. The estimated yield of these measures is set out in table 2.1 of the Autumn Budget 2017 document.</p> answering member constituency Central Devon answering member printed Mel Stride question first answered 20/06/2018 15:18:29 answering member 3935 label Biography information for Mel Stride
tabling member	1506 label Biography information for Andrew Gwynne

922516

registered interest
date	12/06/2018
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Students: Private Rented Housing
house id	1
legislature	25259 pref label House of Commons
question text	To ask Mr Chancellor of the Exchequer, pursuant to the Answer of 12 June to Question 149631 on students: private rented housing, whether he plans to devise a method to identify businesses that collect rental income from student accommodation.
tabling member constituency	Denton and Reddish
tabling member printed	Andrew Gwynne
uin	152688
answer	answer is ministerial correction date of answer 20/06/2018 answer text <p>HMRC do not collect this information because identifying lettings expressly to students rather than to other persons does not lead to any specific tax effect.</p><p> </p><p>Collection of this further information by HMRC would require businesses to identify and distinguish between income received from the rental of student accommodation and that received through other rentals. This would impose additional reporting obligations on businesses.</p> answering member constituency Central Devon answering member printed Mel Stride question first answered 20/06/2018 15:16:55 answering member 3935 label Biography information for Mel Stride
tabling member	1506 label Biography information for Andrew Gwynne