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1336624

	registered interest
	date	15/06/2021
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Tax Avoidance: Bankruptcy
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Chancellor of the Exchequer, what his most recent estimate is of the number of people subject to Loan Charge repayments who have been made bankrupt.
	tabling member constituency	Crawley
	tabling member printed	Henry Smith
	uin	16066
	answer	answer is ministerial correction date of answer 23/06/2021 answer text <p>No estimate can be provided for the number of people who have fallen into debt, or who have been declared bankrupt, and are subject to the loan charge.</p><p> </p><p>Where debts arise, HMRC are not always the only creditor. Some individuals may fall into debt or are declared bankrupt as a result of a non-HMRC debt and some individuals may choose to enter insolvency themselves based on their overall financial position.</p><p> </p><p>HMRC only ever consider insolvency as a last resort and they encourage taxpayers to get in contact to agree the best way to settle their tax debts. Anyone who is worried about being able to pay what they owe is encouraged to get in touch with HMRC as soon as possible on 0300 322 9494. Where a taxpayer is unable to pay their debt in full HMRC will work with them to agree an instalment arrangement based on their individual financial circumstances, and there is no maximum length.</p> answering member constituency Hereford and South Herefordshire answering member printed Jesse Norman question first answered 23/06/2021 07:24:38 answering member 3991 label Biography information for Jesse Norman
	tabling member	3960 label Biography information for Henry Smith

1313027

	registered interest
	date	11/05/2021
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Wholesale Trade: Business Rates
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Chancellor of the Exchequer, whether his Department plans to include wholesalers in the guidance for local authorities on the administration of the new Business Rates Relief Fund.
	tabling member constituency	Crawley
	tabling member printed	Henry Smith
	uin	206
	answer	answer is ministerial correction date of answer 19/05/2021 answer text <p>The Government has announced a £1.5 billion pot of additional business rates relief for businesses affected by the COVID-19 pandemic that have not otherwise been eligible for existing reliefs. The statement by the Minister of State for Regional Growth and Local Government of 25 March 2021 explained the relief will be allocated to local authorities based on the stock of properties in the area and the sector-specific economic impacts of COVID-19.</p><p> </p><p>Formal guidance will follow in due course, setting out the specific considerations that Local Authorities (LAs) should have regard for when providing relief. Relief will be for LAs to award on a discretionary basis. Funding will be available once the legislation relating to material change in circumstance provisions has passed and LAs have established their own local relief schemes. The Government will support LAs to do this as quickly as possible, including through new burdens funding.</p> answering member constituency Hereford and South Herefordshire answering member printed Jesse Norman question first answered 19/05/2021 13:22:33 answering member 3991 label Biography information for Jesse Norman
	tabling member	3960 label Biography information for Henry Smith

1287944

	registered interest
	date	22/02/2021
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Directors: Coronavirus
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Chancellor of the Exchequer, if he will review self-certification tax declaration rules which currently prevent small company directors being able to access covid-19 support packages.
	tabling member constituency	Crawley
	tabling member printed	Henry Smith
	uin	156335
	answer	answer is ministerial correction date of answer 02/03/2021 answer text <p>Company directors who are also owner managers can earn a salary and receive shareholder dividends from their company as part of their total remuneration package. Company directors who pay themselves a salary through PAYE are eligible for the Coronavirus Job Retention Scheme (CJRS), but neither the CJRS nor the Self-Employment Income Support Scheme (SEISS) cover dividends or other investment income.</p><p> </p><p>The SEISS relies on the information provided through tax returns to determine eligibility for the scheme and to calculate the grant amount. These returns are also used to protect the scheme from abuse by organised crime groups and fraudulent operators; when an individual applies to the SEISS, HMRC can cross-check the person’s SEISS application against their tax returns.</p><p> </p><p>It is not possible under current reporting mechanisms for HMRC to distinguish between dividends paid in lieu of employment income and those paid as returns on investment in the company. The Government has considered proposals under which company directors would be allowed to self-certify how much of their dividends are in lieu of salary, and then claim SEISS based on that self-certification. However, it is clear that this would open up the scheme to an unacceptable risk of opportunistic fraud and criminal activity.</p><p> </p><p>Those not eligible for the CJRS and SEISS may still be eligible for other elements of the support available. The Universal Credit standard allowance has been temporarily increased for 2020-21 and the Minimum Income Floor relaxed for the duration of the crisis, so that where self-employed claimants' earnings have fallen significantly, their Universal Credit award will have increased to reflect their lower earnings. In addition to this, they may also have access to other elements of the package, including Bounce Back loans, tax deferrals, rental support, mortgage holidays, self-isolation support payments and other business support grants.</p> answering member constituency Hereford and South Herefordshire answering member printed Jesse Norman question first answered 02/03/2021 13:18:18 answering member 3991 label Biography information for Jesse Norman
	tabling member	3960 label Biography information for Henry Smith

1284910

	registered interest
	date	08/02/2021
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Job Retention Bonus
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Chancellor of the Exchequer, if he will reintroduce the Job Retention Bonus at an increased rate of £6,000 per employee retained in the business who have either been fully or part-time furloughed.
	tabling member constituency	Crawley
	tabling member printed	Henry Smith
	uin	150759
	answer	answer is ministerial correction date of answer 16/02/2021 answer text <p>The objective of the Job Retention Bonus (JRB) was to incentivise employers to retain employees between November, when the Coronavirus Job Retention Scheme (CJRS) was due to end, and the end of January through a £1,000 bonus paid to the employer. However, the subsequent extension of the CJRS allowed employers to retain their staff during that period by covering 80% of furloughed employees’ wages. Given this extension to the end of April, the policy intent of the JRB falls away.</p><p> </p><p>The Government remains committed to deploying a retention incentive set at a suitable level, at the appropriate time.</p> answering member constituency Hereford and South Herefordshire answering member printed Jesse Norman question first answered 16/02/2021 17:24:41 answering member 3991 label Biography information for Jesse Norman
	tabling member	3960 label Biography information for Henry Smith

1284912

	registered interest
	date	08/02/2021
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Aviation: Coronavirus Job Retention Scheme
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Chancellor of the Exchequer, if he will extend the Coronavirus Job Retention Scheme until end of July 2021 for aviation sector employees.
	tabling member constituency	Crawley
	tabling member printed	Henry Smith
	uin	150761
	answer	answer is ministerial correction date of answer 16/02/2021 answer text <p>The Government will set out the next phase of the plan to tackle the virus and protect jobs at Budget 2021.</p> answering member constituency Hereford and South Herefordshire answering member printed Jesse Norman question first answered 16/02/2021 17:19:49 answering member 3991 label Biography information for Jesse Norman
	tabling member	3960 label Biography information for Henry Smith

1252340

	registered interest
	date	16/11/2020
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Foreign Companies: VAT
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Chancellor of the Exchequer, what guidance he has issued to overseas sellers who need to register for UK VAT by 1 January 2021 for under £135 goods sold to UK consumers.
	tabling member constituency	Crawley
	tabling member printed	Henry Smith
	uin	115601
	answer	answer is ministerial correction date of answer 24/11/2020 answer text <p>HMRC published guidance on 20 July 2020 setting out information on the proposed changes for overseas sellers and online marketplaces.</p> answering member constituency Hereford and South Herefordshire answering member printed Jesse Norman question first answered 24/11/2020 15:47:40 answering member 3991 label Biography information for Jesse Norman
	tabling member	3960 label Biography information for Henry Smith

1249525

	registered interest
	date	09/11/2020
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Investment Income: Coronavirus
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Chancellor of the Exchequer, if he will provide support to people who receive income via company dividends that are taxed, during the covid-19 outbreak.
	tabling member constituency	Crawley
	tabling member printed	Henry Smith
	uin	113057
	answer	answer is ministerial correction date of answer 17/11/2020 answer text <p>Dividends are not covered by the Coronavirus Job Retention Scheme (CJRS) or the Self-Employment Income Support Scheme (SEISS) Grant Extension. Income from dividends is a return on investment in the company, rather than wages.</p><p> </p><p>Those who pay themselves a salary through their own company are eligible for the CJRS. The CJRS is available to employers, including owner-managers, and individuals paying themselves a salary through a PAYE scheme. Where furloughed directors, including companies with a sole director, need to carry out particular duties in order to fulfil their statutory obligations, they may do so provided it is no more than would reasonably be judged necessary for that purpose.</p><p> </p><p>As with the previous SEISS grants, it is not possible for HM Revenue and Customs (HMRC) to distinguish between dividends derived from an individual’s own company and dividends from other sources, and between dividends in lieu of employment income and as returns from other corporate activity.</p><p> </p><p>This means, unlike the SEISS grants that use information HMRC already hold, targeting additional support would require owner-managers to make a claim and submit information that HMRC could not manageably verify to ensure payments were made to eligible companies for eligible activity.</p><p> </p><p>The SEISS Grant Extension continues to be just one element of a comprehensive package of support for individuals and businesses. This package includes Bounce Back loans, tax deferrals, rental support, and other business support grants. The Government has also temporarily increased the Universal Credit standard allowance for 2020-21 by £20 per week and relaxed the Minimum Income Floor, so that where self-employed claimants' earnings have significantly fallen, their Universal Credit award will have increased to reflect their lower earnings.</p><p> </p> answering member constituency Hereford and South Herefordshire answering member printed Jesse Norman question first answered 17/11/2020 12:13:44 answering member 3991 label Biography information for Jesse Norman
	tabling member	3960 label Biography information for Henry Smith

1250008

	registered interest
	date	06/11/2020
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Wholesale Trade: Coronavirus
	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 Secretary of State for Business, Energy and Industrial Strategy on extending business rates relief to wholesale distributors.
	tabling member constituency	Crawley
	tabling member printed	Henry Smith
	uin	91868
	answer	answer is ministerial correction date of answer 16/11/2020 answer text <p>The Government has provided Local Authorities with £1.1billion across England via the Additional Restrictions Grant, for businesses which are not legally closed, but which are severely affected by local or national restrictions.</p><p>Local Authorities have discretion on how to use this funding to support businesses in their areas, but the Government encourages them to set up discretionary grant schemes to support businesses such as wholesalers which can remain open, but which are nonetheless severely affected by the enhanced COVID-19 restrictions.</p><p>All business rates reliefs in England will be considered through the business rates review.</p><p>In line with the practice of successive administrations, details of ministerial discussions are not normally disclosed.</p> answering member constituency Hereford and South Herefordshire answering member printed Jesse Norman grouped question UIN 91871 question first answered 16/11/2020 16:54:24 answering member 3991 label Biography information for Jesse Norman
	tabling member	3960 label Biography information for Henry Smith

1247030

	registered interest
	date	30/10/2020
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Aviation: Training
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Chancellor of the Exchequer, what plans he has bring the UK's application of VAT on professional pilot training programmes into line with the VAT applied to (a) those programmes in the EU and (b) other vocational educational courses in the UK.
	tabling member constituency	Crawley
	tabling member printed	Henry Smith
	uin	109294
	answer	answer is ministerial correction date of answer 09/11/2020 answer text <p>Under the current VAT rules, education and vocational training can be VAT exempt where it is provided by a government institution or certain regulated organisations. Providing an exemption to all pilot training would come at a cost to the Exchequer. Although the Government keeps all taxes under review, there are no current plans to change the VAT treatment of pilot training programmes.</p> answering member constituency Hereford and South Herefordshire answering member printed Jesse Norman question first answered 09/11/2020 16:10:21 answering member 3991 label Biography information for Jesse Norman
	tabling member	3960 label Biography information for Henry Smith

1203006

	registered interest
	date	11/06/2020
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Aviation: Business Rates
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Chancellor of the Exchequer, what discussions he has had with representatives of the aviation industry on business rates relief.
	tabling member constituency	Crawley
	tabling member printed	Henry Smith
	uin	58687
	answer	answer is ministerial correction date of answer 16/06/2020 answer text <p>Treasury Ministers and officials meet with a wide range of stakeholders across sectors as part of ongoing policy development and implementation.</p><p> </p><p>Ministers and officials from the Department for Transport are in regular contact with airlines, airports and unions to understand the impact that COVID-19 is having on the sector and its workers.</p> answering member constituency Hereford and South Herefordshire answering member printed Jesse Norman question first answered 16/06/2020 10:56:56 answering member 3991 label Biography information for Jesse Norman
	tabling member	3960 label Biography information for Henry Smith