There are no plans to reopen the Payment Scheme or review the £1.5 billion funding allocation previously made to it. The Equitable Life Payment Scheme closed to claims in 2015 and further guidance on the status of the Payment Scheme after closure is available at https://www.gov.uk/guidance/equitable-life-payment-scheme#closure-of-the-scheme.<\/p>"} , "answeringMember" : {"_about" : "http://data.parliament.uk/members/4051", "label" : {"_value" : "Biography information for John Glen"} } , "answeringMemberConstituency" : {"_value" : "Salisbury"} , "answeringMemberPrinted" : {"_value" : "John Glen"} , "dateOfAnswer" : {"_value" : "2019-10-08", "_datatype" : "dateTime"} , "isMinisterialCorrection" : {"_value" : "false", "_datatype" : "boolean"} , "questionFirstAnswered" : [{"_value" : "2019-10-08T12:09:58.83Z", "_datatype" : "dateTime"} ]} , "answeringDeptId" : {"_value" : "14"} , "answeringDeptShortName" : {"_value" : "Treasury"} , "answeringDeptSortName" : {"_value" : "Treasury"} , "date" : {"_value" : "2019-10-04", "_datatype" : "dateTime"} , "hansardHeading" : {"_value" : "Equitable Life Assurance Society: Compensation"} , "houseId" : {"_value" : "1"} , "legislature" : [{"_about" : "http://data.parliament.uk/terms/25259", "prefLabel" : {"_value" : "House of Commons"} } ], "questionText" : "To ask the Chancellor of the Exchequer, if he will issue guidance on the recourse available to people in Crewe and Nantwich constituency who have either not been paid out for Equitable Life or who have received insufficient compensation.", "registeredInterest" : {"_value" : "false", "_datatype" : "boolean"} , "tablingMember" : {"_about" : "http://data.parliament.uk/members/4648", "label" : {"_value" : "Biography information for Laura Smith"} } , "tablingMemberConstituency" : {"_value" : "Crewe and Nantwich"} , "tablingMemberPrinted" : [{"_value" : "Laura Smith"} ], "uin" : "294744"} , {"_about" : "http://data.parliament.uk/resources/1148372", "AnsweringBody" : [{"_value" : "Treasury"} ], "answer" : {"_about" : "http://data.parliament.uk/resources/1148372/answer", "answerText" : {"_value" : "
The information requested is not available as HM Revenue and Customs (HMRC) do not make a separate estimate of the proportion of the total tax gap attributable to private landlords.<\/p>
<\/p>
However, HMRC do estimate the tax gap arising from individuals in employment who have not declared and therefore not paid tax on lettings income. The latest estimate of this tax gap was £560 million for the tax year 2017-18.<\/p>"} , "answeringMember" : {"_about" : "http://data.parliament.uk/members/3991", "label" : {"_value" : "Biography information for Jesse Norman"} } , "answeringMemberConstituency" : {"_value" : "Hereford and South Herefordshire"} , "answeringMemberPrinted" : {"_value" : "Jesse Norman"} , "dateOfAnswer" : {"_value" : "2019-10-08", "_datatype" : "dateTime"} , "isMinisterialCorrection" : {"_value" : "false", "_datatype" : "boolean"} , "questionFirstAnswered" : [{"_value" : "2019-10-08T08:05:21.683Z", "_datatype" : "dateTime"} ]} , "answeringDeptId" : {"_value" : "14"} , "answeringDeptShortName" : {"_value" : "Treasury"} , "answeringDeptSortName" : {"_value" : "Treasury"} , "date" : {"_value" : "2019-10-04", "_datatype" : "dateTime"} , "hansardHeading" : {"_value" : "Landlords: Taxation"} , "houseId" : {"_value" : "1"} , "legislature" : [{"_about" : "http://data.parliament.uk/terms/25259", "prefLabel" : {"_value" : "House of Commons"} } ], "questionText" : "To ask the Chancellor of the Exchequer, what recent estimate he has made of the gap between tax owed and tax paid by private landlords.", "registeredInterest" : {"_value" : "false", "_datatype" : "boolean"} , "tablingMember" : {"_about" : "http://data.parliament.uk/members/400", "label" : {"_value" : "Biography information for John Healey"} } , "tablingMemberConstituency" : {"_value" : "Wentworth and Dearne"} , "tablingMemberPrinted" : [{"_value" : "John Healey"} ], "uin" : "294679"} , {"_about" : "http://data.parliament.uk/resources/1148378", "AnsweringBody" : [{"_value" : "Treasury"} ], "answer" : {"_about" : "http://data.parliament.uk/resources/1148378/answer", "answerText" : {"_value" : "
The fundamentals of the British economy are strong \u2013 wages are growing at the fastest rate in over a decade, employment is at a joint record high and the unemployment rate is at its lowest in over 40 years. Inflation has been at or around target since the start of 2019, and as a result wages have now outpaced inflation on a CPI basis for over a year.<\/p>
On 1 April 2019, we increased the National Living Wage by 4.9% to £8.21 - an above inflation increase which meant that a full-time worker on the National Living Wage would be earning £690 more over the coming year. Supported by the National Living Wage, the lowest earners have seen their wages grow by 8% above inflation between April 2015 and April 2018.<\/p>"} , "answeringMember" : {"_about" : "http://data.parliament.uk/members/4051", "label" : {"_value" : "Biography information for John Glen"} } , "answeringMemberConstituency" : {"_value" : "Salisbury"} , "answeringMemberPrinted" : {"_value" : "John Glen"} , "dateOfAnswer" : {"_value" : "2019-10-08", "_datatype" : "dateTime"} , "isMinisterialCorrection" : {"_value" : "false", "_datatype" : "boolean"} , "questionFirstAnswered" : [{"_value" : "2019-10-08T12:08:40.167Z", "_datatype" : "dateTime"} ]} , "answeringDeptId" : {"_value" : "14"} , "answeringDeptShortName" : {"_value" : "Treasury"} , "answeringDeptSortName" : {"_value" : "Treasury"} , "date" : {"_value" : "2019-10-04", "_datatype" : "dateTime"} , "hansardHeading" : {"_value" : "Inflation and Pay"} , "houseId" : {"_value" : "1"} , "legislature" : [{"_about" : "http://data.parliament.uk/terms/25259", "prefLabel" : {"_value" : "House of Commons"} } ], "questionText" : "To ask the Chancellor of the Exchequer, what comparative assessment he has made of rates of wage growth and inflation.", "registeredInterest" : {"_value" : "false", "_datatype" : "boolean"} , "tablingMember" : {"_about" : "http://data.parliament.uk/members/4090", "label" : {"_value" : "Biography information for Mr Jonathan Lord"} } , "tablingMemberConstituency" : {"_value" : "Woking"} , "tablingMemberPrinted" : [{"_value" : "Mr Jonathan Lord"} ], "uin" : "294713"} , {"_about" : "http://data.parliament.uk/resources/1148405", "AnsweringBody" : [{"_value" : "Treasury"} ], "answer" : {"_about" : "http://data.parliament.uk/resources/1148405/answer", "answerText" : {"_value" : "The Government recently published its reasonable worst case planning assumptions on 11 September, setting out the Government\u2019s assessment as of 2 August.
<\/p>Planning assumptions are held under constant review, to reflect the latest evidence and analysis of the potential impact of leaving the EU without a deal. The Government\u2019s updated planning assumptions will be published in due course."} , "answeringMember" : {"_about" : "http://data.parliament.uk/members/3991", "label" : {"_value" : "Biography information for Jesse Norman"} } , "answeringMemberConstituency" : {"_value" : "Hereford and South Herefordshire"} , "answeringMemberPrinted" : {"_value" : "Jesse Norman"} , "dateOfAnswer" : {"_value" : "2019-10-08", "_datatype" : "dateTime"} , "isMinisterialCorrection" : {"_value" : "false", "_datatype" : "boolean"} , "questionFirstAnswered" : [{"_value" : "2019-10-08T07:37:07.953Z", "_datatype" : "dateTime"} ]} , "answeringDeptId" : {"_value" : "14"} , "answeringDeptShortName" : {"_value" : "Treasury"} , "answeringDeptSortName" : {"_value" : "Treasury"} , "date" : {"_value" : "2019-10-04", "_datatype" : "dateTime"} , "hansardHeading" : {"_value" : "Border Delivery Group"} , "houseId" : {"_value" : "1"} , "legislature" : [{"_about" : "http://data.parliament.uk/terms/25259", "prefLabel" : {"_value" : "House of Commons"} } ], "questionText" : "To ask the Chancellor of the Exchequer, if he will publish the detailed planning assumptions of the Border Delivery Group for each month since January 2019.", "registeredInterest" : {"_value" : "false", "_datatype" : "boolean"} , "tablingMember" : {"_about" : "http://data.parliament.uk/members/1564", "label" : {"_value" : "Biography information for Angela Smith"} } , "tablingMemberConstituency" : {"_value" : "Penistone and Stocksbridge"} , "tablingMemberPrinted" : [{"_value" : "Angela Smith"} ], "uin" : "294690"} , {"_about" : "http://data.parliament.uk/resources/1148130", "AnsweringBody" : [{"_value" : "Treasury"} ], "answer" : {"_about" : "http://data.parliament.uk/resources/1148130/answer", "answerText" : {"_value" : "
Disguised remuneration (DR) schemes are contrived arrangements that use loan payments in place of ordinary remuneration, usually through an offshore trust, with the purpose of avoiding income tax and National Insurance contributions. The loans are provided on terms that mean they are not repaid in practice. HM Revenue and Customs\u2019 (HMRC) position is that they are no different to income, and that they are and have always been taxable.<\/p>
<\/p>
The Government has heard claims that some individuals were compelled to use DR schemes, but HMRC have not seen cases that support this claim.<\/p>"} , "answeringMember" : {"_about" : "http://data.parliament.uk/members/3991", "label" : {"_value" : "Biography information for Jesse Norman"} } , "answeringMemberConstituency" : {"_value" : "Hereford and South Herefordshire"} , "answeringMemberPrinted" : {"_value" : "Jesse Norman"} , "dateOfAnswer" : {"_value" : "2019-10-08", "_datatype" : "dateTime"} , "isMinisterialCorrection" : {"_value" : "false", "_datatype" : "boolean"} , "questionFirstAnswered" : [{"_value" : "2019-10-08T12:11:49.06Z", "_datatype" : "dateTime"} ]} , "answeringDeptId" : {"_value" : "14"} , "answeringDeptShortName" : {"_value" : "Treasury"} , "answeringDeptSortName" : {"_value" : "Treasury"} , "date" : {"_value" : "2019-10-03", "_datatype" : "dateTime"} , "hansardHeading" : {"_value" : "Tax Avoidance"} , "houseId" : {"_value" : "1"} , "legislature" : [{"_about" : "http://data.parliament.uk/terms/25259", "prefLabel" : {"_value" : "House of Commons"} } ], "questionText" : "To ask the Chancellor of the Exchequer, what estimate he has made of the number of taxpayers working for a single employer under a Loan Charge scheme who would not have had the choice of being employed directly by that employer.", "registeredInterest" : {"_value" : "false", "_datatype" : "boolean"} , "tablingMember" : {"_about" : "http://data.parliament.uk/members/4678", "label" : {"_value" : "Biography information for Sandy Martin"} } , "tablingMemberConstituency" : {"_value" : "Ipswich"} , "tablingMemberPrinted" : [{"_value" : "Sandy Martin"} ], "uin" : "294240"} , {"_about" : "http://data.parliament.uk/resources/1148138", "AnsweringBody" : [{"_value" : "Treasury"} ], "answer" : {"_about" : "http://data.parliament.uk/resources/1148138/answer", "answerText" : {"_value" : "
Both the National Living Wage and the National Minimum Wage rates for younger workers and apprentices saw above inflation increases in April. The National Living Wage is currently on target to reach 60 per cent of median hourly earnings in 2020, subject to sustained economic growth. The independent Low Pay Commission will recommend next year\u2019s rates to us later this month, and we will announce the rates at the next Budget.<\/p>
<\/p>
The Chancellor has also announced his intention to increase the National Living Wage to two-thirds of median hourly earnings within five years. He will confirm this at the next Budget.<\/p>"} , "answeringMember" : {"_about" : "http://data.parliament.uk/members/4483", "label" : {"_value" : "Biography information for Rishi Sunak"} } , "answeringMemberConstituency" : {"_value" : "Richmond (Yorks)"} , "answeringMemberPrinted" : {"_value" : "Rishi Sunak"} , "dateOfAnswer" : {"_value" : "2019-10-07", "_datatype" : "dateTime"} , "isMinisterialCorrection" : {"_value" : "false", "_datatype" : "boolean"} , "questionFirstAnswered" : [{"_value" : "2019-10-07T14:19:20.733Z", "_datatype" : "dateTime"} ]} , "answeringDeptId" : {"_value" : "14"} , "answeringDeptShortName" : {"_value" : "Treasury"} , "answeringDeptSortName" : {"_value" : "Treasury"} , "date" : {"_value" : "2019-10-03", "_datatype" : "dateTime"} , "hansardHeading" : {"_value" : "Minimum Wage"} , "houseId" : {"_value" : "1"} , "legislature" : [{"_about" : "http://data.parliament.uk/terms/25259", "prefLabel" : {"_value" : "House of Commons"} } ], "questionText" : "To ask the Chancellor of the Exchequer, if he will increase the minimum wage to £10.50 in the next Budget.", "registeredInterest" : {"_value" : "false", "_datatype" : "boolean"} , "tablingMember" : {"_about" : "http://data.parliament.uk/members/4670", "label" : {"_value" : "Biography information for Faisal Rashid"} } , "tablingMemberConstituency" : {"_value" : "Warrington South"} , "tablingMemberPrinted" : [{"_value" : "Faisal Rashid"} ], "uin" : "294237"} , {"_about" : "http://data.parliament.uk/resources/1148149", "AnsweringBody" : [{"_value" : "Treasury"} ], "answer" : {"_about" : "http://data.parliament.uk/resources/1148149/answer", "answerText" : {"_value" : "
Based on the Office for Budget Responsibility\u2019s (OBR) published policy costings, we estimate the cumulative loss to the Exchequer from the successive fuel duty freezes from financial year 2011-12 to the current financial year 2018-19 to be around £46.2bn to the benefit of the UK taxpayer.<\/p>
<\/p>
The annual impacts on the Exchequer are reported in the table below.<\/p>
<\/p><\/td> | <\/p><\/td> | <\/p><\/td> | 2011-12<\/p><\/td> | 2012-13<\/p><\/td> | 2013-14<\/p><\/td> | 2014-15<\/p><\/td> | 2015-16<\/p><\/td> | 2016-17<\/p><\/td> | 2017-18<\/p><\/td> | 2018-19<\/p><\/td><\/tr> |
Exchequer impact (£m)<\/p><\/td> | -2,275<\/p><\/td> | -3,465<\/p><\/td> | -4,645<\/p><\/td> | -5,800<\/p><\/td> | -6,375<\/p><\/td> | -6,815<\/p><\/td> | -7,875<\/p><\/td> | -8,070<\/p><\/td><\/tr><\/tbody><\/table> <\/p> The OBR\u2019s policy costings are available at the following link:<\/p> <\/p> |