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1337301
registered interest false more like this
date remove filter
answering body
Treasury more like this
answering dept id 14 more like this
answering dept short name Treasury more like this
answering dept sort name Treasury more like this
hansard heading Multinational Companies: Taxation more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask the Chancellor of the Exchequer, what steps he is taking to ensure multinational companies pay tax in the countries they operate in. more like this
tabling member constituency Crewe and Nantwich more like this
tabling member printed
Dr Kieran Mullan more like this
uin 17007 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2021-06-24more like thismore than 2021-06-24
answer text <p>OECD proposals to update the international tax framework have been under negotiation for a number of years and the UK has an established record of being at the forefront of these talks.</p><p> </p><p>The package being developed by the OECD includes two pillars; a change in the allocation of taxing rights over business profit, and a global minimum tax. That is something the UK strongly supports; the UK’s consistent position has been that it matters where tax is paid as well as the rate at which it is paid.</p><p> </p><p>On 5 June the G7 finance ministers, meeting in London as part of the UK’s G7 Presidency, confirmed their commitment to a solution containing both pillars. The Government is delighted the G7 has come together to back the proposals developed by the OECD to reform the international tax framework.</p><p> </p><p>Reaching final agreement on a two-pillar solution with the G20 and 139 members of the OECD Inclusive Framework would be a major multilateral achievement that introduces stability into the international tax landscape.</p>
answering member constituency Hereford and South Herefordshire remove filter
answering member printed Jesse Norman more like this
grouped question UIN 17008 more like this
question first answered
less than 2021-06-24T14:15:37.13Zmore like thismore than 2021-06-24T14:15:37.13Z
answering member
3991
label Biography information for Jesse Norman more like this
tabling member
4860
label Biography information for Dr Kieran Mullan more like this
1337302
registered interest false more like this
date remove filter
answering body
Treasury more like this
answering dept id 14 more like this
answering dept short name Treasury more like this
answering dept sort name Treasury more like this
hansard heading Corporation Tax more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask the Chancellor of the Exchequer, what progress he has made with his G7 counterparts on establishing a global minimum corporation tax rate. more like this
tabling member constituency Crewe and Nantwich more like this
tabling member printed
Dr Kieran Mullan more like this
uin 17008 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2021-06-24more like thismore than 2021-06-24
answer text <p>OECD proposals to update the international tax framework have been under negotiation for a number of years and the UK has an established record of being at the forefront of these talks.</p><p> </p><p>The package being developed by the OECD includes two pillars; a change in the allocation of taxing rights over business profit, and a global minimum tax. That is something the UK strongly supports; the UK’s consistent position has been that it matters where tax is paid as well as the rate at which it is paid.</p><p> </p><p>On 5 June the G7 finance ministers, meeting in London as part of the UK’s G7 Presidency, confirmed their commitment to a solution containing both pillars. The Government is delighted the G7 has come together to back the proposals developed by the OECD to reform the international tax framework.</p><p> </p><p>Reaching final agreement on a two-pillar solution with the G20 and 139 members of the OECD Inclusive Framework would be a major multilateral achievement that introduces stability into the international tax landscape.</p>
answering member constituency Hereford and South Herefordshire remove filter
answering member printed Jesse Norman more like this
grouped question UIN 17007 more like this
question first answered
less than 2021-06-24T14:15:37.177Zmore like thismore than 2021-06-24T14:15:37.177Z
answering member
3991
label Biography information for Jesse Norman more like this
tabling member
4860
label Biography information for Dr Kieran Mullan more like this
1337304
registered interest false more like this
date remove filter
answering body
Treasury more like this
answering dept id 14 more like this
answering dept short name Treasury more like this
answering dept sort name Treasury more like this
hansard heading Coronavirus Job Retention Scheme more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask the Chancellor of the Exchequer, what recent estimate his Department has made of the number of furloughed employees during the covid-19 outbreak moving back into work. more like this
tabling member constituency Crewe and Nantwich more like this
tabling member printed
Dr Kieran Mullan more like this
uin 17010 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2021-06-24more like thismore than 2021-06-24
answer text <p>Between the end of January and end of April 2021, 1.5 million left the Coronavirus Job Retention Scheme (CJRS). The most recent ONS Business Insights and Conditions Survey (BICS) estimates the number of employees furloughed continued to decline to approximately 1.7 million in late May, the lowest level reported by the Survey since June 2020. At the same time, the number of payrolled employees has increased for six consecutive months.</p><p> </p><p>The CJRS is therefore striking the right balance between supporting the economy as it opens up, continuing to provide support and protect incomes, and ensuring incentives are in place to get people back to work as demand returns.</p> more like this
answering member constituency Hereford and South Herefordshire remove filter
answering member printed Jesse Norman more like this
question first answered
less than 2021-06-24T14:14:09.253Zmore like thismore than 2021-06-24T14:14:09.253Z
answering member
3991
label Biography information for Jesse Norman more like this
tabling member
4860
label Biography information for Dr Kieran Mullan more like this
1337384
registered interest false more like this
date remove filter
answering body
Treasury more like this
answering dept id 14 more like this
answering dept short name Treasury more like this
answering dept sort name Treasury more like this
hansard heading Self-employment Income Support Scheme: Carers more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask the Chancellor of the Exchequer, with reference to the Answer of 19 May 2020 to Question 45025 on Self-Employment Income Support Scheme: Carers, if he will make an assessment of the potential merits of amending the eligibility criteria for the Self-Employment Income Support Scheme so that trading income does not have to exceed the amount of (a) other income and (b) taxable benefits including carer's allowance. more like this
tabling member constituency Coventry South more like this
tabling member printed
Zarah Sultana more like this
uin 16963 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2021-06-21more like thismore than 2021-06-21
answer text <p>The design of the Self-Employment Income Support Scheme including the requirement that trading profits must be at least equal to non-trading income, means it is targeted at those who are most dependent on their self-employment income. That continues to be the case.</p><p> </p><p>HMRC data shows that the majority of people with positive profits who do not meet the 50 per cent self-employment income test had income from employment, which means they potentially have access to the Coronavirus Job Retention Scheme, as well as other elements of the very substantial package of support made available by the Government</p> more like this
answering member constituency Hereford and South Herefordshire remove filter
answering member printed Jesse Norman more like this
question first answered
less than 2021-06-21T14:25:39.917Zmore like thismore than 2021-06-21T14:25:39.917Z
answering member
3991
label Biography information for Jesse Norman more like this
tabling member
4786
label Biography information for Zarah Sultana more like this
1337439
registered interest false more like this
date remove filter
answering body
Treasury more like this
answering dept id 14 more like this
answering dept short name Treasury more like this
answering dept sort name Treasury more like this
hansard heading Business Rates: Tax Allowances more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask the Chancellor of the Exchequer, what the timetable is for opening applications for the business rates relief fund announced on 25 March 2021. more like this
tabling member constituency Erith and Thamesmead more like this
tabling member printed
Abena Oppong-Asare more like this
uin 16982 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2021-06-21more like thismore than 2021-06-21
answer text <p>The Government is preparing guidance to support local authorities ahead of the rollout of the £1.5 billion business rates relief fund. The final guidance, its specifics and level of prescription, will reflect considerations including the existing framework of Government support, information held by local authorities and their capacity to administer the scheme.</p><p> </p><p>This discretionary relief pot will support businesses on the basis of their actual economic exposure to COVID-19 rather than the pandemic’s hypothetical impact on property rental values. The alternative of prolonged litigation and appeals through the Material Change of Circumstance provision could have taken years. The Government will support local authorities to enable ratepayers to apply for relief awards as soon as possible this year, once the legislation relating to Material Change of Circumstance provisions has passed, and local authorities have set up local relief schemes.</p> more like this
answering member constituency Hereford and South Herefordshire remove filter
answering member printed Jesse Norman more like this
grouped question UIN 16983 more like this
question first answered
less than 2021-06-21T14:31:35.107Zmore like thismore than 2021-06-21T14:31:35.107Z
answering member
3991
label Biography information for Jesse Norman more like this
tabling member
4820
label Biography information for Abena Oppong-Asare more like this
1337440
registered interest false more like this
date remove filter
answering body
Treasury more like this
answering dept id 14 more like this
answering dept short name Treasury more like this
answering dept sort name Treasury more like this
hansard heading Business Rates: Tax Allowances more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask the Chancellor of the Exchequer, what progress his Department has made in establishing the business rates relief fund announced on 25 March 2021. more like this
tabling member constituency Erith and Thamesmead more like this
tabling member printed
Abena Oppong-Asare more like this
uin 16983 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2021-06-21more like thismore than 2021-06-21
answer text <p>The Government is preparing guidance to support local authorities ahead of the rollout of the £1.5 billion business rates relief fund. The final guidance, its specifics and level of prescription, will reflect considerations including the existing framework of Government support, information held by local authorities and their capacity to administer the scheme.</p><p> </p><p>This discretionary relief pot will support businesses on the basis of their actual economic exposure to COVID-19 rather than the pandemic’s hypothetical impact on property rental values. The alternative of prolonged litigation and appeals through the Material Change of Circumstance provision could have taken years. The Government will support local authorities to enable ratepayers to apply for relief awards as soon as possible this year, once the legislation relating to Material Change of Circumstance provisions has passed, and local authorities have set up local relief schemes.</p> more like this
answering member constituency Hereford and South Herefordshire remove filter
answering member printed Jesse Norman more like this
grouped question UIN 16982 more like this
question first answered
less than 2021-06-21T14:31:35.153Zmore like thismore than 2021-06-21T14:31:35.153Z
answering member
3991
label Biography information for Jesse Norman more like this
tabling member
4820
label Biography information for Abena Oppong-Asare more like this
1337441
registered interest false more like this
date remove filter
answering body
Treasury more like this
answering dept id 14 more like this
answering dept short name Treasury more like this
answering dept sort name Treasury more like this
hansard heading Coronavirus Job Retention Scheme more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask the Chancellor of the Exchequer, what assessment he has made of the potential effect of the increase of employers' contributions to the Coronavirus Job Retention Scheme from 1 July 2021 on businesses that remain closed due to covid-19 restrictions. more like this
tabling member constituency Erith and Thamesmead more like this
tabling member printed
Abena Oppong-Asare more like this
uin 16984 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2021-06-21more like thismore than 2021-06-21
answer text <p>From 1 July 2021, employers will be asked to make a small contribution of ten per cent of wages for hours not worked, as announced at Spring Budget when the scheme was extended to the end of September.</p><p> </p><p>This is the same approach that the Government introduced last summer, where comparable restrictions were in place. It is right to continue with the existing timetable to reintroduce employer contributions, in order to strike the right balance between supporting the economy as it opens up and ensuring incentives are in place to get people back to work as demand returns. The labour market is also in a stronger position, with 5.5 million fewer people on furlough than in April 2020, and online job vacancy levels in mid-June about 27 per cent above February 2020 levels.</p><p> </p><p>At March Budget 2021, the Government deliberately went long and erred on the side of generosity; specifically to accommodate short delays to the roadmap, such as this. Most of the Government’s schemes do not end until September or after, in order to provide continuity and certainty for businesses and families.</p><p> </p><p>Businesses that have legally remained closed or effectively cannot operate can continue to benefit from the Government’s £2 billion of discretionary grant funding for local authorities in England, a UK-wide recovery loan scheme, business rates relief, enhanced Time to Pay for taxes, and support for paying deferred VAT. These businesses will also have recently benefitted from Restart Grants of up to £18,000 and the £25 billion grant support that has been made available throughout the pandemic.</p><p> </p>
answering member constituency Hereford and South Herefordshire remove filter
answering member printed Jesse Norman more like this
question first answered
less than 2021-06-21T14:50:19.613Zmore like thismore than 2021-06-21T14:50:19.613Z
answering member
3991
label Biography information for Jesse Norman more like this
tabling member
4820
label Biography information for Abena Oppong-Asare more like this