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

1276276

registered interest
date	14/01/2021
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Children: Day Care
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, what security measures his Department has put in place to secure funds that members of the public have deposited in tax-free childcare accounts.
tabling member constituency	West Lancashire
tabling member printed	Rosie Cooper
uin	137163
answer	answer is ministerial correction date of answer 20/01/2021 answer text <p>Tax-Free Childcare (TFC) is delivered from GOV.UK alongside other government digital services through the secure Government Gateway. The Childcare Service (on GOV.UK) complies and adheres to the following best practice security measures which secure funds in TFC accounts:</p><p><br>• HMG Baseline Personnel Security Standard<br>• HMG Government Security Classifications<br>• HMG Personnel Security Controls<br>• HMG Security Policy Framework<br>• ISO20001: IT Service Management<br>• ISO22301: Business Continuity Management<br>• ISO27001:2013 Information technology, Security techniques,<br>Information security management systems, Requirements<br>• Financial Conduct Authority (FCA)</p> answering member constituency North East Cambridgeshire answering member printed Steve Barclay question first answered 20/01/2021 18:45:59 answering member 4095 label Biography information for Steve Barclay
tabling member	1538 label Biography information for Rosie Cooper

1276671

registered interest
date	14/01/2021
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	VAT: Coronavirus
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, whether he plans to instruct HMRC to cancel VAT repayments owed by businesses under the VAT deferral scheme.
tabling member constituency	Newport West
tabling member printed	Ruth Jones
uin	138068
answer	answer is ministerial correction date of answer 20/01/2021 answer text <p>There are no plans to cancel VAT payments deferred as a result of COVID-19. As part of the Winter Economy Plan, the Government announced further support for those with deferred VAT, allowing them to spread what they owe over smaller monthly payments. More information is available at <a href="http://www.gov.uk/hmrc/vat-deferral" target="_blank">www.gov.uk/hmrc/vat-deferral</a>.</p><p> </p> answering member constituency Hereford and South Herefordshire answering member printed Jesse Norman question first answered 20/01/2021 12:09:49 answering member 3991 label Biography information for Jesse Norman
tabling member	4716 label Biography information for Ruth Jones

1276716

registered interest
date	14/01/2021
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Self-employment Income Support Scheme
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, what plans his Department has to enable people who were previously unable to access the Self-Employed Income Support Scheme to apply for support through that scheme based on their self-assessment for the 2019-20 financial year.
tabling member constituency	Dulwich and West Norwood
tabling member printed	Helen Hayes
uin	137980
answer	answer is ministerial correction date of answer 19/01/2021 answer text <p>The Government has acknowledged that it has not been possible to support everyone as they might want.</p><p> </p><p>The practical issues that prevented the Government from being able to include the newly self-employed in 2019-20 in the Self-Employment Income Support Scheme (SEISS), namely that HM Revenue and Customs (HMRC) will not have access to the full set of 2019-20 self-assessment returns in order to verify their eligibility, still remain. The latest year for which HMRC have tax returns for all self-employed individuals is 2018-19.</p><p> </p><p>The Government has taken a flexible and responsive approach and has extended the SEISS over the coming months. The Government will continue to look for ways to improve the SEISS grant and existing support.</p> answering member constituency Hereford and South Herefordshire answering member printed Jesse Norman question first answered 19/01/2021 12:10:54 answering member 3991 label Biography information for Jesse Norman
tabling member	4510 label Biography information for Helen Hayes

1276717

registered interest
date	14/01/2021
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Coronavirus Business Interruption Loan Scheme
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 viability of deferring Coronavirus Business Interruption Loan Scheme repayments in the context of the introduction of additional public health restrictions in the covid-19 lockdown announced in January 2021.
tabling member constituency	Barnsley Central
tabling member printed	Dan Jarvis
uin	137924
answer	answer is ministerial correction date of answer 19/01/2021 answer text <p>CBILS capital repayments for businesses start immediately unlike the Bounce Back Loan Scheme (BBLS) where no repayments are due from the business during the first 12 months of the facility. CBILS borrowers have benefitted from the Business Interruption Payment with the Government covering their interest payments for the first 12 months of borrowing to provide additional support at this difficult time.</p><p> </p><p>Any business concerned about their ability to repay their finance should discuss this with their lender in the first instance. Given loans under CBILS are varied and resemble more traditional commercial lending, CBILS borrowers are more likely to benefit from tailored engagement with their lender if they have concerns about repayments. Lenders have an ongoing relationship with CBILS borrowers and will be best placed to provide support tailored to an individual businesses circumstance.</p><p> </p><p>The Government has amended the CBILS rules to allow lenders to extend loan terms from six to a maximum of ten years where they judge that this will help borrowers repay their loan, helping them to reduce their monthly repayments.</p> answering member constituency Saffron Walden answering member printed Kemi Badenoch question first answered 19/01/2021 14:29:50 answering member 4597 label Biography information for Kemi Badenoch
tabling member	4243 label Biography information for Dan Jarvis

1276719

registered interest
date	14/01/2021
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	New Businesses: Company Liquidations
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, what recent assessment he has made of the effect on the economy of the number of businesses ceasing trading in their first year in the 2019-20 financial year.
tabling member constituency	Barnsley Central
tabling member printed	Dan Jarvis
uin	137926
answer	answer is ministerial correction date of answer 19/01/2021 answer text <p>HM Treasury regularly monitor a range of sources to assess the health of businesses and the wider corporate sector.</p><p>Official business demography statistics relating to the period 2019-20 are not yet available. The latest Office for National Statistics (ONS) Business demography series extends to 2019; this series is typically updated in November each year.</p><p> </p><p>However, the ONS Business insights and impact on the UK economy statistical series regularly captures information on the impact of the coronavirus pandemic on UK businesses and the economy. This series records the proportion of businesses that have permanently ceased trading, disaggregated by industry. This series can be found here: https://www.ons.gov.uk/economy/economicoutputandproductivity/output/datasets/businessinsightsandimpactontheukeconomy</p><p> </p><p>The Government has announced unprecedented support for public services, business and workers to protect lives and livelihoods. Our economic response to the pandemic is one of the most comprehensive globally.</p><p><strong> </strong></p><p>The independent Office for Budget Responsibility (OBR) noted in its Autumn Economic Fiscal Outlook (EFO) in November 2020 that “in the short term, this extra spending will cushion the blow to household incomes and business finances arising from the pandemic. And in the medium term, it should reduce unnecessary job losses and business failures, thus limiting any persistent ‘scarring’ of the economy’s supply capacity and future tax base.”</p><p><strong> </strong></p> answering member constituency Saffron Walden answering member printed Kemi Badenoch question first answered 19/01/2021 14:25:34 answering member 4597 label Biography information for Kemi Badenoch
tabling member	4243 label Biography information for Dan Jarvis

1276724

registered interest
date	14/01/2021
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Coronavirus: Disease Control
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, what recent discussions he has had with the devolved Administrations on the adequacy of the level of Government financial support provided in response to the covid-19 lockdown announced in January 2021; and if he will make a statement.
tabling member constituency	Newport West
tabling member printed	Ruth Jones
uin	138070
answer	answer is ministerial correction date of answer 20/01/2021 answer text <p>As a result of the coronavirus pandemic and following discussions with the devolved administrations for additional borrowing powers, the UK Government announced the unprecedented Barnett guarantee in July 2020.</p><p> </p><p> </p><p>These uplifts have given the Scottish Government, Welsh Government and Northern Ireland Executive the certainty to ensure they can plan for coronavirus response in the months ahead. It will continue support people, businesses and individuals across the devolved administrations, and it further demonstrates our unwavering support for all parts of the Union.</p><p> </p><p>The devolved administrations have also benefitted from UK-wide support programmes including through Coronavirus Job Retention Scheme, Self-Employed Income Support Scheme and business lending schemes.</p> answering member constituency North East Cambridgeshire answering member printed Steve Barclay question first answered 20/01/2021 14:48:49 answering member 4095 label Biography information for Steve Barclay
tabling member	4716 label Biography information for Ruth Jones

1276725

registered interest
date	14/01/2021
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Coronavirus Job Retention Scheme
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, what recent estimate he has made of the proportion of jobs supported by the Coronavirus Job Retention Scheme.
tabling member constituency	Newport West
tabling member printed	Ruth Jones
uin	138071
answer	answer is ministerial correction date of answer 20/01/2021 answer text <p>Her Majesty’s Revenue and Customs (HMRC) most recently published statistics about the Coronavirus Job Retention Scheme (CJRS) on 17 December 2020. They can be found here: <a href="https://www.gov.uk/government/statistics/coronavirus-job-retention-scheme-statistics-december-2020" target="_blank">https://www.gov.uk/government/statistics/coronavirus-job-retention-scheme-statistics-december-2020</a>.</p><p> </p><p>The statistics report that as at 31 October, the most recent date for which figures are available, 2,399,600 employments were supported by the CJRS. This figure represents 8% of the 30,353,200 employments eligible for support.</p><p> </p><p>The next release of these statistics is scheduled for publication on 28 January.</p> answering member constituency Hereford and South Herefordshire answering member printed Jesse Norman question first answered 20/01/2021 12:15:08 answering member 3991 label Biography information for Jesse Norman
tabling member	4716 label Biography information for Ruth Jones

1276726

registered interest
date	14/01/2021
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	UK Trade with EU: Non-tariff Barriers
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, what recent assessment he has made of the economic effect of non-tariff barriers on levels of trade between the UK and the EU.
tabling member constituency	Newport West
tabling member printed	Ruth Jones
uin	138072
answer	answer is ministerial correction date of answer 20/01/2021 answer text <p>The Government has not made an assessment of the economic effect of non-tariff barriers because as we have consistently said it would be impossible for us to calculate an exact model, number or scenario to capture the complexity of the varying impacts felt across different parts of the economy as a result of the Comprehensive Free Trade Agreement.</p><p> </p><p>Whilst leaving the EU’s customs union and single market on the 1<sup>st</sup> January has changed the way we trade with the EU, businesses overall have been adjusting well and continue to trade effectively. This is in no small part to the extensive preparations we have made over the last year and the continuing dialogue we are in with businesses about our new trading relationship with the EU.</p><p> </p><p>Furthermore, the agreement we have successfully negotiated, is one which not only guarantees zero quotas and tariffs but also contains wide-ranging provisions on Technical Barriers to Trade which facilitates trade by avoiding unnecessary regulatory barriers. Together these mean that the UK trading relationship with the EU will remain strong well into the future.</p> answering member constituency Salisbury answering member printed John Glen question first answered 20/01/2021 14:02:27 answering member 4051 label Biography information for John Glen
tabling member	4716 label Biography information for Ruth Jones

1276729

registered interest
date	14/01/2021
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Welsh Government
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, what recent discussions he has had with Ministers in the Welsh Government.
tabling member constituency	Newport West
tabling member printed	Ruth Jones
uin	138073
answer	answer is ministerial correction date of answer 20/01/2021 answer text <p>As Chief Secretary to the Treasury, I am the Minister responsible for leading the Treasury’s interest in devolution to Scotland, Wales and Northern Ireland.</p><p> </p><p>I regularly engage with my counterpart in the Welsh Government on a wide range of issues as part of the ongoing collaboration between our governments, most recently last month.</p> answering member constituency North East Cambridgeshire answering member printed Steve Barclay question first answered 20/01/2021 14:47:00 answering member 4095 label Biography information for Steve Barclay
tabling member	4716 label Biography information for Ruth Jones

1276777

registered interest
date	14/01/2021
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, what assessment he has made of the fairness of differential settlement terms being offered by HMRC to people affected by the loan charge with (a) open offers and (b) closed years.
tabling member constituency	St Albans
tabling member printed	Daisy Cooper
uin	138085
answer	answer is ministerial correction date of answer 20/01/2021 answer text <p>In 2017, HMRC offered settlement terms to taxpayers who used disguised remuneration (DR) tax avoidance schemes and who may have been liable to pay the Loan Charge unless they settled with HMRC. Taxpayers who provided the necessary information by 5 April 2019 and worked with HMRC to conclude settlement by 30 September 2020 were able to settle under these 2017 terms, enabling them to avoid the Loan Charge. HMRC continued settlement discussions beyond 30 September 2020 with a minority of taxpayers who could not meet this deadline for reasons beyond their control, for example, recent hospitalisation.</p><p> </p><p>HMRC published further settlement terms in August 2020 for those taxpayers who did not settle under the 2017 terms. These terms were updated in November 2020 to include all outstanding DR liabilities, including the Loan Charge. Both sets of terms allow taxpayers to make voluntary payments of tax for unprotected years (sometimes called ‘closed years’), which enable them to benefit from double taxation relief against any future income tax charges on the same underlying income.</p><p> </p><p>HMRC settle cases in accordance with their Litigation and Settlement Strategy (LSS), which requires that HMRC only settle for an amount that is consistent with the law. The LSS is available on GOV.UK. HMRC’s settlement terms help to maintain a consistent approach to settling tax disputes with taxpayers.</p> answering member constituency Hereford and South Herefordshire answering member printed Jesse Norman question first answered 20/01/2021 12:18:12 answering member 3991 label Biography information for Jesse Norman
tabling member	4769 label Biography information for Daisy Cooper