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1177087

	registered interest
	date	07/02/2020
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Bankruptcy: 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 who will be made bankrupt as a result of accelerated payment notices in respect of the 2019 Loan Charge.
	tabling member constituency	Erith and Thamesmead
	tabling member printed	Abena Oppong-Asare
	uin	14018
	answer	answer is ministerial correction date of answer 12/02/2020 answer text <p>The Accelerated Payment regime is designed to change the underlying economics of tax avoidance by requiring disputed tax to be paid upfront while an avoidance scheme is investigated. HMRC can only issue Accelerated Payment Notices (APNs) in tightly defined circumstances, set out in legislation.</p><p> </p><p>The 2019 Loan Charge is a tax charge which applies to disguised remuneration (DR) loan balances which remained outstanding at 5 April 2019. APNs and the 2019 Loan Charge are two separate, distinct regimes. HMRC cannot issue APNs in relation to the Loan Charge.</p><p> </p><p>There is no estimate on how many people will be made bankrupt as a result of APNs issued in connection with avoidance schemes that seek to disguise remuneration. HMRC do not want to make anybody bankrupt, and insolvency is only ever considered as a last resort. HMRC will work with individuals to reach sustainable and manageable payment plans wherever possible.</p><p> </p> answering member constituency Hereford and South Herefordshire answering member printed Jesse Norman question first answered 12/02/2020 12:56:04 answering member 3991 label Biography information for Jesse Norman
	tabling member	4820 label Biography information for Abena Oppong-Asare

1332038

	registered interest
	date	10/06/2021
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Uk Internal Trade: Northern Ireland
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Chancellor of the Exchequer, when he plans to publish the rules and timing of the tariff reimbursement scheme for goods not captured under the UK Trader Scheme; and whether that scheme will be (a) retrospective and (b) limited by state aid caps.
	tabling member constituency	North Dorset
	tabling member printed	Simon Hoare
	uin	14018
	answer	answer is ministerial correction date of answer 18/06/2021 answer text <p>The Government has committed to a tariff reimbursement scheme in the NI Command Papers and work continues to develop the scheme. Once the scheme is live, it will enable traders to be reimbursed where they are unable to draw upon the alternative mechanisms to remove tariffs, but can demonstrate after goods have moved into Northern Ireland that they have not entered and will not enter the EU. Further details of the tariff reimbursement scheme and the evidence that will be required for traders to make a claim will be set out in due course. Once arrangements are finalised, the Government will ensure they are well signposted to businesses.</p> answering member constituency Hereford and South Herefordshire answering member printed Jesse Norman question first answered 18/06/2021 11:04:08 answering member 3991 label Biography information for Jesse Norman
	tabling member	4494 label Biography information for Simon Hoare