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1020396

registered interest
date	05/12/2018
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Health Professions: Tax Avoidance
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, what estimate he has made of the number of (a) doctors and (b) nurses that will be subject to the 2019 Loan Charge.
tabling member constituency	North West Norfolk
tabling member printed	Sir Henry Bellingham
uin	199328
answer	answer is ministerial correction date of answer 14/12/2018 answer text <p>Disguised Remuneration schemes are contrived arrangements that pay loans in place of ordinary remuneration with the sole purpose of avoiding income tax and National Insurance contributions. When taking into account the loan they received, loan scheme users have on average twice as much income as the average UK taxpayer.</p><p> </p><p>HMRC data indicates that fewer than 3% of those affected work in medical services (doctors and nurses) and teaching. Further information can be found in HMRC’s issue briefing: <a href="https://www.gov.uk/government/publications/hmrc-issue-briefing-disguised-remuneration-charge-on-loans/hmrc-issue-briefing-disguised-remuneration-charge-on-loans" target="_blank">https://www.gov.uk/government/publications/hmrc-issue-briefing-disguised-remuneration-charge-on-loans/hmrc-issue-briefing-disguised-remuneration-charge-on-loans</a>.</p><p> </p><p>HMRC is working hard to help individuals to get out of tax avoidance for good. HMRC does not want to make anybody bankrupt and very few cases ever reach that stage.</p><p> </p><p>HMRC has simplified the process for those who choose to settle their use of avoidance schemes before the charge arises, so that those earning less than £50,000 a year and no longer engaging in tax avoidance can agree a payment plan of up to five years without the need for detailed supporting information. There is no maximum period within which an overall settlement can be agreed, and HMRC will deal with individual cases appropriately and sympathetically.</p><p> </p><p>Since the announcement of the 2019 loan charge at Budget 2016, HMRC has agreed settlements on disguised remuneration schemes with employers and individuals of over 650 million pounds. More than 90% of this amount was collected from employers, with less than 10% from individuals.</p><p> </p> answering member constituency Central Devon answering member printed Mel Stride grouped question UIN 199329 question first answered 14/12/2018 13:52:55 answering member 3935 label Biography information for Mel Stride
tabling member	1441 label Biography information for Lord Bellingham

1020397

registered interest
date	05/12/2018
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Bankruptcy: Tax Avoidance
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, what estimate he has made of the number of people will be made bankrupt as a result of the 2019 Loan Charge.
tabling member constituency	North West Norfolk
tabling member printed	Sir Henry Bellingham
uin	199329
answer	answer is ministerial correction date of answer 14/12/2018 answer text <p>Disguised Remuneration schemes are contrived arrangements that pay loans in place of ordinary remuneration with the sole purpose of avoiding income tax and National Insurance contributions. When taking into account the loan they received, loan scheme users have on average twice as much income as the average UK taxpayer.</p><p> </p><p>HMRC data indicates that fewer than 3% of those affected work in medical services (doctors and nurses) and teaching. Further information can be found in HMRC’s issue briefing: <a href="https://www.gov.uk/government/publications/hmrc-issue-briefing-disguised-remuneration-charge-on-loans/hmrc-issue-briefing-disguised-remuneration-charge-on-loans" target="_blank">https://www.gov.uk/government/publications/hmrc-issue-briefing-disguised-remuneration-charge-on-loans/hmrc-issue-briefing-disguised-remuneration-charge-on-loans</a>.</p><p> </p><p>HMRC is working hard to help individuals to get out of tax avoidance for good. HMRC does not want to make anybody bankrupt and very few cases ever reach that stage.</p><p> </p><p>HMRC has simplified the process for those who choose to settle their use of avoidance schemes before the charge arises, so that those earning less than £50,000 a year and no longer engaging in tax avoidance can agree a payment plan of up to five years without the need for detailed supporting information. There is no maximum period within which an overall settlement can be agreed, and HMRC will deal with individual cases appropriately and sympathetically.</p><p> </p><p>Since the announcement of the 2019 loan charge at Budget 2016, HMRC has agreed settlements on disguised remuneration schemes with employers and individuals of over 650 million pounds. More than 90% of this amount was collected from employers, with less than 10% from individuals.</p><p> </p> answering member constituency Central Devon answering member printed Mel Stride grouped question UIN 199328 question first answered 14/12/2018 13:52:55 answering member 3935 label Biography information for Mel Stride
tabling member	1441 label Biography information for Lord Bellingham

175838

registered interest
date	21/01/2015
answering body	HM Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	New Businesses
house id	1
legislature	25259 pref label House of Commons
question text	To ask Mr Chancellor of the Exchequer, what recent assessment he has made of the effect of small business start-ups on the wider economy; and if he will make a statement.
tabling member constituency	North West Norfolk
tabling member printed	Mr Henry Bellingham
uin	907256
answer	answer is ministerial correction date of answer 27/01/2015 answer text <p>Small businesses are the lifeblood of our economy, and the UK is a great place to start a business. At the start of 2014 there were 5.2 million small businesses in the UK, an increase of 760,000 since 2010. These small businesses employ 12.1 million people – 48% of total UK private sector employment – and have a combined annual turnover of £1.2 trillion: 33% of the UK private sector total. The government has backed small businesses, including with 25,000 Start Up Loans, tax incentives for investment, and the £2000 Employment Allowance which means 450,000 businesses now pay no employers NICs.</p> answering member constituency South West Hertfordshire answering member printed Mr David Gauke question first answered 27/01/2015 15:33:37 answering member 1529 label Biography information for Mr David Gauke
tabling member	1441 label Biography information for Lord Bellingham