The government is committed to keeping taxes as low as possible \u2013 encouraging investment in the UK, supporting working families and enabling people to keep more of what they earn.<\/p>
<\/p>
We will continue to do this in a balanced way that allows us to properly fund our vital public services.<\/p>
<\/p>
<\/p>"} , "answeringMember" : {"_about" : "http://data.parliament.uk/members/3935", "label" : {"_value" : "Biography information for Mel Stride"} } , "answeringMemberConstituency" : {"_value" : "Central Devon"} , "answeringMemberPrinted" : {"_value" : "Mel Stride"} , "dateOfAnswer" : {"_value" : "2018-07-03", "_datatype" : "dateTime"} , "isMinisterialCorrection" : {"_value" : "false", "_datatype" : "boolean"} , "questionFirstAnswered" : [{"_value" : "2018-07-03T14:03:25.427Z", "_datatype" : "dateTime"} ]} , "answeringDeptId" : {"_value" : "14"} , "answeringDeptShortName" : {"_value" : "Treasury"} , "answeringDeptSortName" : {"_value" : "Treasury"} , "date" : {"_value" : "2018-07-03", "_datatype" : "dateTime"} , "hansardHeading" : {"_value" : "Corporation Tax and Income Tax"} , "houseId" : {"_value" : "1"} , "legislature" : [{"_about" : "http://data.parliament.uk/terms/25259", "prefLabel" : {"_value" : "House of Commons"} } ], "questionText" : "What his policies are on the proposals for income and corporation tax set out in the 2017 Conservative Party manifesto.", "registeredInterest" : {"_value" : "false", "_datatype" : "boolean"} , "tablingMember" : {"_about" : "http://data.parliament.uk/members/165", "label" : {"_value" : "Biography information for Clive Efford"} } , "tablingMemberConstituency" : {"_value" : "Eltham"} , "tablingMemberPrinted" : [{"_value" : "Clive Efford"} ], "uin" : "906204"} , {"_about" : "http://data.parliament.uk/resources/934030", "AnsweringBody" : [{"_value" : "Treasury"} ], "answer" : {"_about" : "http://data.parliament.uk/resources/934030/answer", "answerText" : {"_value" : "
This government is committed to tackling tax avoidance and evasion to ensure that everyone pays the right amount of tax at the right time.<\/p>
<\/p>
Disguised Remuneration schemes are an aggressive form of tax avoidance costing the exchequer hundreds of millions of pounds each year.<\/p>
<\/p>
People who use these schemes receive income in the form of a loan, which they claim is not taxable. However, the loan is, in fact, never repaid. This is wrong and is unfair on those who pay their fair share.<\/p>
<\/p>
The Disguised Remuneration loan charge will apply so the tax due from these schemes is paid.<\/p>
<\/p>
HMRC have published an impact assessment and are able to help those who are in genuine financial difficulty, for example, by arranging for more time to pay or for payment by instalments.<\/p>"} , "answeringMember" : {"_about" : "http://data.parliament.uk/members/3935", "label" : {"_value" : "Biography information for Mel Stride"} } , "answeringMemberConstituency" : {"_value" : "Central Devon"} , "answeringMemberPrinted" : {"_value" : "Mel Stride"} , "dateOfAnswer" : {"_value" : "2018-07-03", "_datatype" : "dateTime"} , "isMinisterialCorrection" : {"_value" : "false", "_datatype" : "boolean"} , "questionFirstAnswered" : [{"_value" : "2018-07-03T14:04:51.88Z", "_datatype" : "dateTime"} ]} , "answeringDeptId" : {"_value" : "14"} , "answeringDeptShortName" : {"_value" : "Treasury"} , "answeringDeptSortName" : {"_value" : "Treasury"} , "date" : {"_value" : "2018-07-03", "_datatype" : "dateTime"} , "hansardHeading" : {"_value" : "Tax Avoidance"} , "houseId" : {"_value" : "1"} , "legislature" : [{"_about" : "http://data.parliament.uk/terms/25259", "prefLabel" : {"_value" : "House of Commons"} } ], "questionText" : "What assessment his Department has made of the effect of the 2019 Loan Charge on people affected by that charge.", "registeredInterest" : {"_value" : "false", "_datatype" : "boolean"} , "tablingMember" : {"_about" : "http://data.parliament.uk/members/4069", "label" : {"_value" : "Biography information for Peter Aldous"} } , "tablingMemberConstituency" : {"_value" : "Waveney"} , "tablingMemberPrinted" : [{"_value" : "Peter Aldous"} ], "uin" : "906213"} , {"_about" : "http://data.parliament.uk/resources/933931", "AnsweringBody" : [{"_value" : "Treasury"} ], "answer" : {"_about" : "http://data.parliament.uk/resources/933931/answer", "answerText" : {"_value" : "
The UK\u2019s exit from the European Union will mean that we no longer pay an annual membership subscription to the EU. The OBR forecast our future EU contributions at fiscal events and, in March 2018, produced an estimate of our financial settlement with the EU.<\/p>
<\/p>
On 18 June, the Prime Minister set out an increase in funding for the NHS in England. It will be funded from a combination of sources, including funding we will no longer be sending to the EU and taxpayers contributing a bit more in a fair and balanced way. The Chancellor will set out further details in due course.<\/p>
<\/p>"} , "answeringMember" : {"_about" : "http://data.parliament.uk/members/4097", "label" : {"_value" : "Biography information for Elizabeth Truss"} } , "answeringMemberConstituency" : {"_value" : "South West Norfolk"} , "answeringMemberPrinted" : {"_value" : "Elizabeth Truss"} , "dateOfAnswer" : {"_value" : "2018-07-05", "_datatype" : "dateTime"} , "groupedQuestionUIN" : {"_value" : "159690"} , "isMinisterialCorrection" : {"_value" : "false", "_datatype" : "boolean"} , "questionFirstAnswered" : [{"_value" : "2018-07-05T12:47:12.45Z", "_datatype" : "dateTime"} ]} , "answeringDeptId" : {"_value" : "14"} , "answeringDeptShortName" : {"_value" : "Treasury"} , "answeringDeptSortName" : {"_value" : "Treasury"} , "date" : {"_value" : "2018-07-02", "_datatype" : "dateTime"} , "hansardHeading" : {"_value" : "Brexit"} , "houseId" : {"_value" : "1"} , "legislature" : [{"_about" : "http://data.parliament.uk/terms/25259", "prefLabel" : {"_value" : "House of Commons"} } ], "questionText" : "To ask Mr Chancellor of the Exchequer, pursuant to the Answer of 26 June 2018 to Question 154782 on Brexit, if he will publish the details of his Department\u2019s calculation of the value of the dividend arising from the UK leaving the EU.", "registeredInterest" : {"_value" : "false", "_datatype" : "boolean"} , "tablingMember" : {"_about" : "http://data.parliament.uk/members/4505", "label" : {"_value" : "Biography information for Peter Kyle"} } , "tablingMemberConstituency" : {"_value" : "Hove"} , "tablingMemberPrinted" : [{"_value" : "Peter Kyle"} ], "uin" : "159691"} , {"_about" : "http://data.parliament.uk/resources/934096", "AnsweringBody" : [{"_value" : "Treasury"} ], "answer" : {"_about" : "http://data.parliament.uk/resources/934096/answer", "answerText" : {"_value" : "
The Government recognises the importance of trade fluidity through the UK\u2019s key ports to the country\u2019s economy, and is committed to ensuring that trade is as frictionless as possible through those locations after we leave the EU.<\/p>
<\/p>
The cross-government Border Delivery Group are engaging with authorities, port users and operators domestically and at key EU ports to understand what the synergies and constraints are in different locations, and to discuss how to ensure locations are operationally ready to meet with Government requirements when the UK leaves the EU.<\/p>"} , "answeringMember" : {"_about" : "http://data.parliament.uk/members/3935", "label" : {"_value" : "Biography information for Mel Stride"} } , "answeringMemberConstituency" : {"_value" : "Central Devon"} , "answeringMemberPrinted" : {"_value" : "Mel Stride"} , "dateOfAnswer" : {"_value" : "2018-07-05", "_datatype" : "dateTime"} , "groupedQuestionUIN" : {"_value" : "906285"} , "isMinisterialCorrection" : {"_value" : "false", "_datatype" : "boolean"} , "questionFirstAnswered" : [{"_value" : "2018-07-05T12:43:27.377Z", "_datatype" : "dateTime"} ]} , "answeringDeptId" : {"_value" : "14"} , "answeringDeptShortName" : {"_value" : "Treasury"} , "answeringDeptSortName" : {"_value" : "Treasury"} , "date" : {"_value" : "2018-07-02", "_datatype" : "dateTime"} , "hansardHeading" : {"_value" : "Ports"} , "houseId" : {"_value" : "1"} , "legislature" : [{"_about" : "http://data.parliament.uk/terms/25259", "prefLabel" : {"_value" : "House of Commons"} } ], "questionText" : "To ask Mr Chancellor of the Exchequer, what steps he has taken to prepare UK ports for when the UK leaves the EU.", "registeredInterest" : {"_value" : "false", "_datatype" : "boolean"} , "tablingMember" : {"_about" : "http://data.parliament.uk/members/4642", "label" : {"_value" : "Biography information for Mr Paul Sweeney"} } , "tablingMemberConstituency" : {"_value" : "Glasgow North East"} , "tablingMemberPrinted" : [{"_value" : "Mr Paul Sweeney"} ], "uin" : "906278"} , {"_about" : "http://data.parliament.uk/resources/934097", "AnsweringBody" : [{"_value" : "Treasury"} ], "answer" : {"_about" : "http://data.parliament.uk/resources/934097/answer", "answerText" : {"_value" : "
The Government recognises the importance of trade fluidity through the UK\u2019s key ports to the country\u2019s economy, and is committed to ensuring that trade is as frictionless as possible through those locations after we leave the EU.<\/p>
<\/p>
The cross-government Border Delivery Group are engaging with authorities, port users and operators domestically and at key EU ports to understand what the synergies and constraints are in different locations, and to discuss how to ensure locations are operationally ready to meet with Government requirements when the UK leaves the EU.<\/p>"} , "answeringMember" : {"_about" : "http://data.parliament.uk/members/3935", "label" : {"_value" : "Biography information for Mel Stride"} } , "answeringMemberConstituency" : {"_value" : "Central Devon"} , "answeringMemberPrinted" : {"_value" : "Mel Stride"} , "dateOfAnswer" : {"_value" : "2018-07-05", "_datatype" : "dateTime"} , "groupedQuestionUIN" : {"_value" : "906278"} , "isMinisterialCorrection" : {"_value" : "false", "_datatype" : "boolean"} , "questionFirstAnswered" : [{"_value" : "2018-07-05T12:43:27.33Z", "_datatype" : "dateTime"} ]} , "answeringDeptId" : {"_value" : "14"} , "answeringDeptShortName" : {"_value" : "Treasury"} , "answeringDeptSortName" : {"_value" : "Treasury"} , "date" : {"_value" : "2018-07-02", "_datatype" : "dateTime"} , "hansardHeading" : {"_value" : "Ports"} , "houseId" : {"_value" : "1"} , "legislature" : [{"_about" : "http://data.parliament.uk/terms/25259", "prefLabel" : {"_value" : "House of Commons"} } ], "questionText" : "To ask Mr Chancellor of the Exchequer, what steps he is taking to ensure that waiting times at UK ports do not increase as a result of the UK leaving the EU.", "registeredInterest" : {"_value" : "false", "_datatype" : "boolean"} , "tablingMember" : {"_about" : "http://data.parliament.uk/members/4465", "label" : {"_value" : "Biography information for Ronnie Cowan"} } , "tablingMemberConstituency" : {"_value" : "Inverclyde"} , "tablingMemberPrinted" : [{"_value" : "Ronnie Cowan"} ], "uin" : "906285"} , {"_about" : "http://data.parliament.uk/resources/932753", "AnsweringBody" : [{"_value" : "Treasury"} ], "answer" : {"_about" : "http://data.parliament.uk/resources/932753/answer", "answerText" : {"_value" : "
We take the operational resilience of the finance sector and any detrimental impacts very seriously. HM Treasury works closely with the Bank of England, the Prudential Regulation Authority (PRA) and the Financial Conduct Authority (FCA) (collectively the \u2018Financial Authorities\u2019) \u2013 as well as other organisations where relevant such as the Payment Systems Regulator (PSR) - to improve the resilience of the sector and to respond to any major disruption. As part of this work the Financial Authorities routinely assess the impact of any major operational disruption and as noted in the record of the Financial Policy Committee meeting on 19 June 2018, this incident will inform further work by the regulators.<\/p>
<\/p>
You may find it helpful to note that the Chief Executive of Visa Europe set out the impact of the service disruption in a letter to the Chair of the Treasury Select Committee. This is available at:<\/p>
<\/p>