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1242931

registered interest
date	13/10/2020
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Amusement Arcades: Coronavirus
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, what plans he has to provide support to (a) seaside and (b) high street arcades; and if he will extend the reduction in the rate of VAT to 5 per cent to include that sector.
tabling member constituency	Sittingbourne and Sheppey
tabling member printed	Gordon Henderson
uin	102770
answer	answer is ministerial correction date of answer 20/10/2020 answer text <p>The Government initially cut the rate of VAT applied to hospitality, accommodation and attractions, from 20 per cent to 5 per cent, for a period of six months to 12 January 2021. The Government has extended this relief, and it will now end on 31 March 2021. The reduced rate aims to support the cash flow and viability of over 150,000 businesses in the affected sectors and will help protect 2.4 million jobs.</p><p> </p><p>Any business providing relevant hospitality, accommodation or attractions is able to benefit from the relief, wherever the business is located in the UK. Further information on this is available on GOV.UK. This policy will cost over £3 billion, and while some businesses in some sectors are disappointed, a boundary for eligibility had to be drawn.</p><p> </p> answering member constituency Hereford and South Herefordshire answering member printed Jesse Norman question first answered 20/10/2020 16:05:32 answering member 3991 label Biography information for Jesse Norman
tabling member	4050 label Biography information for Gordon Henderson

1242988

registered interest
date	13/10/2020
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Social Enterprises: Tax Allowances
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 the Secretary of State for Housing, Communities and Local Government on the potential contribution that continuing Social Investment Tax Relief beyond April 2021 could make to promoting local economic growth in the most disadvantaged communities.
tabling member constituency	Chatham and Aylesford
tabling member printed	Tracey Crouch
uin	102755
answer	answer is ministerial correction date of answer 16/10/2020 answer text <p>The Social Investment Tax Relief (SITR) is intended to address a specific access to finance market failure for social enterprises by incentivising individuals to invest in these ventures.</p><p> </p><p>The scheme is intended to support a broad range of social enterprises, with a variety of social missions and community benefits. SITR is not designed directly to encourage employment or to support particular geographical areas: qualifying social enterprises are free to use SITR wherever they are in the country in whatever way they determine is best for their growth and development.</p><p> </p><p>The Government committed to a full review of SITR within two years of its expansion, and published a Call for Evidence last year on the use of the scheme to date. A Summary of Responses will be published in due course alongside a decision on the policy’s future.</p> answering member constituency Hereford and South Herefordshire answering member printed Jesse Norman grouped question UIN 102028 102029 question first answered 16/10/2020 14:01:42 answering member 3991 label Biography information for Jesse Norman
tabling member	3950 label Biography information for Dame Tracey Crouch

1243049

registered interest
date	13/10/2020
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	VAT: Coronavirus
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, what assessment his Department has made of the effect on the expected number of returns to the Exchequer of the level of deferred VAT payments under the Deferral Scheme for VAT.
tabling member constituency	Hitchin and Harpenden
tabling member printed	Bim Afolami
uin	102910
answer	answer is ministerial correction date of answer 20/10/2020 answer text <p>As part of the Government’s support for businesses during COVID-19, businesses were given the option to defer their VAT payments between 20 March and 30 June in order to manage their cash flow through the initial stages of the pandemic. Approximately 500,000 businesses deferred £30 billion in VAT. Approximately £16 billion of VAT was received into the Exchequer covering the deferral period, as some businesses continued to pay VAT as normal.</p> answering member constituency Hereford and South Herefordshire answering member printed Jesse Norman question first answered 20/10/2020 16:03:06 answering member 3991 label Biography information for Jesse Norman
tabling member	4639 label Biography information for Bim Afolami

1243050

registered interest
date	13/10/2020
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Business: Loans
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, what assessment his Department has made of the likely combined effect on lending to UK businesses of the partial reintroduction of crown preference (secondary preferential creditor status) from 1 December 2020 and the amount of deferred VAT under the Deferral Scheme for VAT.
tabling member constituency	Hitchin and Harpenden
tabling member printed	Bim Afolami
uin	102911
answer	answer is ministerial correction date of answer 20/10/2020 answer text <p>The recent legislative change gives HMRC second preferential creditor status for certain taxes. This change is designed to ensure that when a business enters insolvency, more of the taxes paid in good faith by its employees and customers, but held temporarily by the business, go to fund public services as intended, rather than be distributed to other creditors.</p><p> </p><p>This change is not expected to have a significant impact on financial institutions, the lending market or wider economy. This measure is forecast to raise up to £220 million a year. To put this into perspective, bank lending to small and medium-sized businesses alone in 2019 was £57 billion.</p><p> </p><p>This reform will have no direct impact on VAT deferral as it only applies to businesses that become insolvent. Like HMRC’s Time to Pay scheme, the VAT deferral supports businesses with their cashflow pressures, making them less likely to be insolvent.</p> answering member constituency Hereford and South Herefordshire answering member printed Jesse Norman grouped question UIN 102912 102913 question first answered 20/10/2020 15:58:43 answering member 3991 label Biography information for Jesse Norman
tabling member	4639 label Biography information for Bim Afolami

1243051

registered interest
date	13/10/2020
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Insolvency and VAT
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, what recent estimate his Department has made of the expected additional returns to the Exchequer as a result of the introduction of secondary preferential creditor status in conjunction with the Deferral Scheme for VAT.
tabling member constituency	Hitchin and Harpenden
tabling member printed	Bim Afolami
uin	102912
answer	answer is ministerial correction date of answer 20/10/2020 answer text <p>The recent legislative change gives HMRC second preferential creditor status for certain taxes. This change is designed to ensure that when a business enters insolvency, more of the taxes paid in good faith by its employees and customers, but held temporarily by the business, go to fund public services as intended, rather than be distributed to other creditors.</p><p> </p><p>This change is not expected to have a significant impact on financial institutions, the lending market or wider economy. This measure is forecast to raise up to £220 million a year. To put this into perspective, bank lending to small and medium-sized businesses alone in 2019 was £57 billion.</p><p> </p><p>This reform will have no direct impact on VAT deferral as it only applies to businesses that become insolvent. Like HMRC’s Time to Pay scheme, the VAT deferral supports businesses with their cashflow pressures, making them less likely to be insolvent.</p> answering member constituency Hereford and South Herefordshire answering member printed Jesse Norman grouped question UIN 102911 102913 question first answered 20/10/2020 15:58:43 answering member 3991 label Biography information for Jesse Norman
tabling member	4639 label Biography information for Bim Afolami

1243052

registered interest
date	13/10/2020
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Insolvency
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, what assessment his Department has made of the likely effect on business insolvencies of reintroducing secondary preferential creditor status in December 2020.
tabling member constituency	Hitchin and Harpenden
tabling member printed	Bim Afolami
uin	102913
answer	answer is ministerial correction date of answer 20/10/2020 answer text <p>The recent legislative change gives HMRC second preferential creditor status for certain taxes. This change is designed to ensure that when a business enters insolvency, more of the taxes paid in good faith by its employees and customers, but held temporarily by the business, go to fund public services as intended, rather than be distributed to other creditors.</p><p> </p><p>This change is not expected to have a significant impact on financial institutions, the lending market or wider economy. This measure is forecast to raise up to £220 million a year. To put this into perspective, bank lending to small and medium-sized businesses alone in 2019 was £57 billion.</p><p> </p><p>This reform will have no direct impact on VAT deferral as it only applies to businesses that become insolvent. Like HMRC’s Time to Pay scheme, the VAT deferral supports businesses with their cashflow pressures, making them less likely to be insolvent.</p> answering member constituency Hereford and South Herefordshire answering member printed Jesse Norman grouped question UIN 102911 102912 question first answered 20/10/2020 15:58:43 answering member 3991 label Biography information for Jesse Norman
tabling member	4639 label Biography information for Bim Afolami

1243107

registered interest
date	13/10/2020
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Business Rates: Coronavirus
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, what assessment he has made of the potential merits for businesses of extending the business rate holiday by six months after April 2021; and if he will make a statement.
tabling member constituency	Harrow West
tabling member printed	Gareth Thomas
uin	102658
answer	answer is ministerial correction date of answer 21/10/2020 answer text <p>As part of the Government’s package to support businesses affected by coronavirus, the Government has provided a business rates holiday for eligible properties in retail, hospitality and leisure, worth £10 billion this year.</p><p> </p><p>As set out in the Call for Evidence for the fundamental review of business rates, the Government anticipates setting out preliminary conclusions from the review on the most pressing areas, including reliefs, in the Autumn, ahead of final conclusions in Spring 2021.</p> answering member constituency Hereford and South Herefordshire answering member printed Jesse Norman question first answered 21/10/2020 09:50:46 answering member 3991 label Biography information for Jesse Norman
tabling member	177 label Biography information for Gareth Thomas

1242324

registered interest
date	12/10/2020
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Sanitary Products: VAT
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, what comparative assessment he has made of the effect of VAT rates from January 2021 on the affordability of reusable menstrual underwear and other female hygiene products.
tabling member constituency	Brecon and Radnorshire
tabling member printed	Fay Jones
uin	102170
answer	answer is ministerial correction date of answer 19/10/2020 answer text <p>The zero rate for women’s sanitary products announced in the March 2020 Budget will apply from 1 January 2021 to those products which are currently subject to the reduced rate of 5 per cent. This covers the supply of any sanitary protection product that is designed and marketed solely for the absorption or collection of menstrual flow or lochia, whether disposable or reusable. The relief excludes dual purpose period and incontinence products, items of clothing such as reusable menstrual underwear, or purely incontinence products.</p><p> </p><p>The new zero rate will ensure that every woman needing sanitary protection during their monthly cycle will, from the start of January and for the first time, have access to a variety of zero rated sanitary protection products on which they had previously paid a 5 per cent rate of VAT.</p> answering member constituency Hereford and South Herefordshire answering member printed Jesse Norman grouped question UIN 102171 question first answered 19/10/2020 08:30:46 answering member 3991 label Biography information for Jesse Norman
tabling member	4763 label Biography information for Fay Jones

1242325

registered interest
date	12/10/2020
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Sanitary Products: VAT
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, when his Department devised its definition of women’s sanitary products qualifying for the reduced rate of VAT from January 2021; and whether he has made an assessment of the potential merits of including reusable menstrual underwear within that definition.
tabling member constituency	Brecon and Radnorshire
tabling member printed	Fay Jones
uin	102171
answer	answer is ministerial correction date of answer 19/10/2020 answer text <p>The zero rate for women’s sanitary products announced in the March 2020 Budget will apply from 1 January 2021 to those products which are currently subject to the reduced rate of 5 per cent. This covers the supply of any sanitary protection product that is designed and marketed solely for the absorption or collection of menstrual flow or lochia, whether disposable or reusable. The relief excludes dual purpose period and incontinence products, items of clothing such as reusable menstrual underwear, or purely incontinence products.</p><p> </p><p>The new zero rate will ensure that every woman needing sanitary protection during their monthly cycle will, from the start of January and for the first time, have access to a variety of zero rated sanitary protection products on which they had previously paid a 5 per cent rate of VAT.</p> answering member constituency Hereford and South Herefordshire answering member printed Jesse Norman grouped question UIN 102170 question first answered 19/10/2020 08:30:46 answering member 3991 label Biography information for Jesse Norman
tabling member	4763 label Biography information for Fay Jones

1242341

registered interest
date	12/10/2020
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Tax Avoidance
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, whether HMRC has received reports of people receiving incorrect advice from advisers on settlement of the loan charge; and if he will reopen the settlement process for the people affected.
tabling member constituency	Gravesham
tabling member printed	Adam Holloway
uin	101995
answer	answer is ministerial correction date of answer 16/10/2020 answer text <p>HMRC do not hold data on reports from individual taxpayers who may feel they have received incorrect advice from advisers about their settlements. A core principle of the tax system is that an individual is responsible for their own tax affairs. The actions of a third party adviser are not normally considered to be an exceptional circumstance beyond the control of the taxpayer.</p><p> </p><p>HMRC are continuing settlement discussions with a relatively small number of taxpayers who were prevented from meeting the 30 September deadline by exceptional circumstances beyond their control, such as recent hospitalisation.</p><p> </p><p>The criteria HMRC consider for continuing settlement discussions beyond the 30 September deadline are:</p><ul><li>The taxpayer had actively engaged in the settlement process until the occurrence of a factor;</li><li>The factor is entirely outside the control of the taxpayer,</li><li>The factor prevented the taxpayer from settling by 30 September; and</li><li>Absent the factor, the taxpayer would have been able to settle by 30 September, and</li><li>The taxpayer is able, and agrees, to settle within a defined period of no more than 3 months after the 30 September.</li></ul> answering member constituency Hereford and South Herefordshire answering member printed Jesse Norman grouped question UIN 101996 question first answered 16/10/2020 13:57:40 answering member 3991 label Biography information for Jesse Norman
tabling member	1522 label Biography information for Adam Holloway