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min answer › date of answer	2014-10-27
tabling member › label	Biography information for Baroness Morgan of Cotes
uin	HL12530

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tabling member printed

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is ministerial correction

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1279799

registered interest

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25/01/2021

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Insolvency

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25277

pref label	House of Lords

question text

To ask Her Majesty's Government what plans they have to review the impact of the extension of secondary preferential creditor on levels of (1) business insolvencies, (2) job losses, and (3) the value of economic growth and taxes foregone, in 12 months’ time.

tabling member printed

Baroness Morgan of Cotes

uin

HL12530

answer

is ministerial correction

date of answer

08/02/2021

answer text

The Government undertook careful work to assess the impact of the measures ahead of announcement and implementation. As with all tax policy changes, the Government published this assessment in a tax information and impact note which can be found on GOV.UK.[1] The policy will be monitored through continuing communications with affected taxpayer groups and insolvency practitioners. [1] <a href="https://www.gov.uk/government/publications/changes-to-protect-tax-in-insolvency-cases" target="_blank">https://www.gov.uk/government/publications/changes-to-protect-tax-in-insolvency-cases</a>

answering member printed

Lord Agnew of Oulton

question first answered

08/02/2021 15:14:17

answering member

4689

label	Biography information for Lord Agnew of Oulton

tabling member

4027

label	Biography information for Baroness Morgan of Cotes