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1188649

registered interest
date	20/04/2020
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Investment Income
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 number of people who draw dividends in lieu of a salary from a Limited Company in the UK.
tabling member constituency	Cardiff West
tabling member printed	Kevin Brennan
uin	37472
answer	answer is ministerial correction date of answer 28/04/2020 answer text <p>HMRC administrative data does not cover the sources of dividend income. It is therefore not possible to determine accurately the number of individuals who have taken dividend income in lieu of a salary from Limited Companies.</p><p> </p><p>HMRC publish statistics on the number of taxpayers receiving dividend income and the amounts received for tax years from 2010-11 to 2017-18. These statistics do not distinguish between dividends paid as salary, and dividends received as returns from investments. These statistics are published here: <a href="https://www.gov.uk/government/statistics/investment-income-2010-to-2011" target="_blank">https://www.gov.uk/government/statistics/investment-income-2010-to-2011</a>.</p> answering member constituency Hereford and South Herefordshire answering member printed Jesse Norman question first answered 28/04/2020 16:50:21 answering member 3991 label Biography information for Jesse Norman
tabling member	1400 label Biography information for Kevin Brennan

1188650

registered interest
date	20/04/2020
answering body	Department for Digital, Culture, Media and Sport
answering dept id	10
answering dept short name	Digital, Culture, Media and Sport
answering dept sort name	Digital, Culture, Media and Sport
hansard heading	Music: Coronavirus
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Digital, Culture, Media and Sport, what steps he is taking to support professional recording studios (a) during and b) after the covid-19 outbreak.
tabling member constituency	Cardiff West
tabling member printed	Kevin Brennan
uin	37473
answer	answer is ministerial correction date of answer 27/04/2020 answer text <p>The Chancellor of the Exchequer has announced measures to support businesses and organisations that have been impacted by the pandemic.</p><p> </p><p>This includes the Government stepping in to help pay people’s wages – a scheme which is one of the most generous of any in the world – paying grants to support as many jobs as necessary. Any employer in the country who promises to retain their staff, can apply for a grant to cover most of the cost of paying people’s wages. Government grants will cover 80 per cent of the salary of retained workers up to a total of £2,500 a month, with this limit set well above the median income. The cost of wages will be backdated to 1st March and will be open for at least three months. The Government will consider extending the scheme for longer if necessary.</p><p> </p><p>We are also deferring the next three months of VAT, a direct injection of £33 billion of cash to employers which means no business will pay any VAT in March, April or May; and they will have until the end of the financial year to repay those bills.</p><p> </p><p>The Coronavirus Business Interruption Loan Scheme will now be interest free for twelve months, an extension from the initial announcement of six months. We have already introduced and announced an extension to the Business Interruption Loan Scheme, which is for small and medium-sized businesses. On Tuesday, the Chancellor expanded the amount that can be borrowed from £1.2 million to £5 million.</p><p> </p> answering member constituency Gosport answering member printed Caroline Dinenage question first answered 27/04/2020 08:55:48 answering member 4008 label Biography information for Dame Caroline Dinenage
tabling member	1400 label Biography information for Kevin Brennan

1188651

registered interest
date	20/04/2020
answering body	Department for Digital, Culture, Media and Sport
answering dept id	10
answering dept short name	Digital, Culture, Media and Sport
answering dept sort name	Digital, Culture, Media and Sport
hansard heading	Leisure: Coronavirus
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Digital, Culture, Media and Sport, what estimate he has made of the number of live events cancelled due to the covid-19 outbreak; and what estimate he has made of the economic cost of cancelling those events.
tabling member constituency	Cardiff West
tabling member printed	Kevin Brennan
uin	37474
answer	answer is ministerial correction date of answer 30/04/2020 answer text <p>No such estimate has been made. However, we know that the Covid-19 pandemic presents a significant challenge to many of DCMS’ sectors including music and the wider live events sector. That is why the Government has announced unprecedented support for business and workers to protect them against the current economic emergency including: a Coronavirus Job Retention Scheme; £330 billion worth of government backed and guaranteed loans to support businesses and a Self-Employed Income Support Scheme. We continue to work closely with our partners across music and the live events sector to understand the impact of Covid-19 on their activities and provide the necessary support.</p><p> </p> answering member constituency Gosport answering member printed Caroline Dinenage question first answered 30/04/2020 10:35:15 answering member 4008 label Biography information for Dame Caroline Dinenage
tabling member	1400 label Biography information for Kevin Brennan

1188652

registered interest
date	20/04/2020
answering body	Department for Digital, Culture, Media and Sport
answering dept id	10
answering dept short name	Digital, Culture, Media and Sport
answering dept sort name	Digital, Culture, Media and Sport
hansard heading	Arts: Coronavirus
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Digital, Culture, Media and Sport, what steps he is taking to help companies in the creative industries facing cashflow problems due to large number of refund requests for cancelled entertainment due to the covid-19 outbreak.
tabling member constituency	Cardiff West
tabling member printed	Kevin Brennan
uin	37475
answer	answer is ministerial correction date of answer 27/04/2020 answer text <p>We are aware of the issues created by refund requests for cancelled events due to the COVID-19 outbreak. The Government has put in place a number of financial measures to support businesses and organisations that have been impacted by the pandemic.</p><p> </p><p>The Coronavirus Business Interruption Loan Scheme will now be interest free for twelve months, an extension from the initial announcement of six months. We have already introduced and announced an extension to the Business Interruption Loan Scheme, which is for small and medium-sized businesses. On Tuesday, the Chancellor expanded the amount that can be borrowed from £1.2 million to £5 million.</p><p> </p><p>We are also deferring the next three months of VAT, a direct injection of £33 billion of cash to employers which means no business will pay any VAT in March, April or May; and they will have until the end of the financial year to repay those bills.</p><p> </p> answering member constituency Gosport answering member printed Caroline Dinenage question first answered 27/04/2020 08:56:09 answering member 4008 label Biography information for Dame Caroline Dinenage
tabling member	1400 label Biography information for Kevin Brennan

1188653

registered interest
date	20/04/2020
answering body	Department for Digital, Culture, Media and Sport
answering dept id	10
answering dept short name	Digital, Culture, Media and Sport
answering dept sort name	Digital, Culture, Media and Sport
hansard heading	Culture: Coronavirus
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Digital, Culture, Media and Sport, what estimate he has made of the level of lost revenue to the cultural sector between March and June 2020 due to the covid-19 outbreak.
tabling member constituency	Cardiff West
tabling member printed	Kevin Brennan
uin	37476
answer	answer is ministerial correction date of answer 27/04/2020 answer text <p>Covid-19 presents a significant challenge to many of DCMS’ sectors, including the cultural sector. The Chancellor has been very clear that the pandemic will have a significant impact on our economy, even with the unprecedented measures the Government has already announced and implemented, such as the Coronavirus Business Interruption Loan Scheme, £20bn of direct fiscal support for businesses in England through tax relief and cash grants, and the Coronavirus job retention scheme.</p><p>During the response to this outbreak, the Secretary of State for Digital, Culture, Media and Sport and Minister for Digital and Culture have led a number of calls with representatives of the creative and cultural sectors, amongst other DCMS sectors, to understand the challenges that they are facing. There are plans for ongoing, regular contact with members and representatives of the cultural sector.</p><p>Officials are also continuing to engage with sector organisations regularly in order to best understand the impact of Covid-19 on their activities and how the Government can further support the cultural sector.</p> answering member constituency Gosport answering member printed Caroline Dinenage question first answered 27/04/2020 08:56:27 answering member 4008 label Biography information for Dame Caroline Dinenage
tabling member	1400 label Biography information for Kevin Brennan

1188843

registered interest
date	20/04/2020
answering body	Department for Business, Energy and Industrial Strategy
answering dept id	201
answering dept short name	Business, Energy and Industrial Strategy
answering dept sort name	Business, Energy and Industrial Strategy
hansard heading	Coronavirus Business Interruption Loan Scheme: Arts
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Business, Energy and Industrial Strategy, how many businesses in the (a) creative and (b) music sectors have received support under the Coronavirus Business Interruption Loans Scheme to date.
tabling member constituency	Cardiff West
tabling member printed	Kevin Brennan
uin	38032
answer	answer is ministerial correction date of answer 28/04/2020 answer text <p>As of 21 April, over £2.8bn worth of loans have been issued under the Coronavirus Business Interruption Loan Scheme, to over 16,600 businesses. At this time we cannot provide a breakdown of funding by sector, as we have given lenders a temporary dispensation from uploading their data to the British Business Bank’s system in order to let them focus on issuing new loans. This is a pragmatic step that reflects the urgency of getting loans issued. We are working with the British Business Bank, HM Treasury and lenders on regular and transparent data publication going forward.</p> answering member constituency Sutton and Cheam answering member printed Paul Scully question first answered 28/04/2020 16:36:31 answering member 4414 label Biography information for Paul Scully
tabling member	1400 label Biography information for Kevin Brennan

1188844

registered interest
date	20/04/2020
answering body	Department for Business, Energy and Industrial Strategy
answering dept id	201
answering dept short name	Business, Energy and Industrial Strategy
answering dept sort name	Business, Energy and Industrial Strategy
hansard heading	Business: Loans
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Business, Energy and Industrial Strategy, what steps he is taking to ensure that business sectors which have been unable to access Government-backed finance in the past are able to access the Coronavirus Business Interruption Loans Scheme and other Government-backed loan schemes.
tabling member constituency	Cardiff West
tabling member printed	Kevin Brennan
uin	38031
answer	answer is ministerial correction date of answer 28/04/2020 answer text <p>The Government has responded to helpful feedback to ensure that companies feel the full benefits of available support.</p><p> </p><p>The Coronavirus Business Interruption Loan Scheme (CBILS) is open to eligible businesses operating in most sectors. Unlike Enterprise Finance Guarantee, road haulage, fishery, aquaculture and agriculture businesses can access facilities up to the maximum of £5m available. Fishery, aquaculture and agriculture businesses may not qualify for the full interest and lender-levied fee payment paid by government.</p><p> </p><p>The Government has:</p><ul><li>Extended the scheme so that all viable small businesses affected by Covid-19, and not just those unable to secure regular commercial financing, are now eligible if the lender believes they need finance to see them through these unprecedented times.</li><li>Removed the requirement that the relevant applicant not be a business, employer, professional, religious or political membership organisation or a trade union in order to be eligible for CBILS.</li><li>Announced the launch of the Coronavirus Large Business Interruption Loan Scheme to support all larger viable businesses with an annual turnover of £45 million and above.</li></ul> answering member constituency Sutton and Cheam answering member printed Paul Scully question first answered 28/04/2020 15:06:46 answering member 4414 label Biography information for Paul Scully
tabling member	1400 label Biography information for Kevin Brennan