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1604207

registered interest
date	14/03/2023
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Revenue and Customs: Finance
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, with reference to the policy paper entitled Spring Statement 2022, published on 23 March 2022, CP 653, in which year the £161 million investment in HMRC to increase compliance and debt management capacity will be spent.
tabling member constituency	Ealing North
tabling member printed	James Murray
uin	165518
answer	answer is ministerial correction date of answer 17/03/2023 answer text The £161 million of funding allocated to HMRC at the Spring Statement to increase compliance and debt management capacity in HMRC through supporting taxpayers seeking to pay off accrued tax debts and tackle the most complex tax risks, commenced in the 2022/2023 financial year. answering member constituency Louth and Horncastle answering member printed Victoria Atkins question first answered 17/03/2023 17:09:49 answering member 4399 label Biography information for Victoria Atkins
tabling member	4797 label Biography information for James Murray

1300808

registered interest
date	09/03/2021
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Bounce Back Loan Scheme
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, what assessment his Department had made of the potential merits of extending the zero interest period for Bounce Back Loans from 12 months to 18 months to allow for all covid-19 lockdown restrictions to have been lifted before the first businesses must begin paying interest.
tabling member constituency	York Outer
tabling member printed	Julian Sturdy
uin	165518
answer	answer is ministerial correction date of answer 16/03/2021 answer text <p>Under the Bounce Back Loan scheme, no repayments are due from the borrower for the first 12 months of the loan, giving businesses the breathing space they need during this difficult time. In addition, the Government covers the first 12 months of interest payments charged to the business by the lender.</p><p> </p><p>In order to give businesses further support and flexibility in making their repayments, the Chancellor has announced “Pay as You Grow” (PAYG) options. Under Pay as You Grow, following the end of the 12-month payment-free period, businesses can pause their repayments for six months – the interest in this case will accrue to the borrower, for payment later. This means that businesses can opt not to make any repayments on their Bounce Back loan for up to 18 months after they received the loan. Borrowers will also have the option to move temporarily to interest-only payments for periods of up to six months (an option which they can use up to three times), and to extend the term of their loan from six to ten years, reducing their monthly payments by almost half.</p><p> </p><p>Together, the 12-month payment holiday and interest-free period for borrowers, along with the PAYG options, form part of the Government’s unprecedented support package for businesses to protect jobs - including paying wages through the furlough schemes and self-employed support payments, generous grants, tax deferrals.</p> answering member constituency Salisbury answering member printed John Glen question first answered 16/03/2021 09:21:16 answering member 4051 label Biography information for John Glen
tabling member	4079 label Biography information for Julian Sturdy

943928

registered interest
date	18/07/2018
answering body	Department for Exiting the European Union
answering dept id	203
answering dept short name	Exiting the European Union
answering dept sort name	Exiting the European Union
hansard heading	Exports and Imports
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Exiting the European Union, pursuant to the White Paper, The Future Relationship Between the United Kingdom and the European Union, Cm. 9593, published on 12 July 2018, what remaining frictions there will be for (a) exporters and (b) importers.
tabling member constituency	Penistone and Stocksbridge
tabling member printed	Angela Smith
uin	165518
answer	answer is ministerial correction date of answer 25/07/2018 answer text <p>The UK is proposing a common rulebook for goods, covering only those rules necessary to provide for frictionless trade at the border. UK firms could continue to manufacture products for export that meet the regulatory requirements of third countries.</p><p> </p><p>The UK has also proposed the business-friendly Facilitated Customs Arrangement, which would see the UK mirroring the EU’s customs approach to ensure all goods have complied with EU customs processes - thus removing the need for customs processes between the UK and the EU.</p> answering member constituency Daventry answering member printed Chris Heaton-Harris question first answered 25/07/2018 15:50:11 answering member 3977 label Biography information for Chris Heaton-Harris
tabling member	1564 label Biography information for Angela Smith