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  • Rob Marris – 2016 Parliamentary Question to the HM Treasury

    Rob Marris – 2016 Parliamentary Question to the HM Treasury

    The below Parliamentary question was asked by Rob Marris on 2016-05-18.

    To ask Mr Chancellor of the Exchequer, how many tax avoidance cases the General Anti-Abuse Rule Advisory Panel considered in (a) 2013, (b) 2014, (c) 2015 and (d) 2016 to date.

    Mr David Gauke

    The General Anti-Abuse Rule (GAAR) was introduced in July 2013, and only applies to abusive tax arrangements entered into from this date.

    This means that it will first apply to income tax returns for the tax year ending 5 April 2014, which must have been filed with HM Revenue and Customs (HMRC) by 31 January 2015.

    For cases to be tackled by the GAAR, HMRC must first enquire into tax returns once they are received, and gather all relevant facts. It is therefore still early in the process of litigation action for cases to be tackled by the GAAR.

    The GAAR Advisory Panel is an external body separate to HMRC. Their independent role means that they do not report the number of meetings held to HMRC.

  • Rob Marris – 2016 Parliamentary Question to the HM Treasury

    Rob Marris – 2016 Parliamentary Question to the HM Treasury

    The below Parliamentary question was asked by Rob Marris on 2016-05-18.

    To ask Mr Chancellor of the Exchequer, how many tax avoidance cases have been submitted by HM Revenue and Customs to the General Anti-Abuse Rule Advisory Panel in (a) 2013, (b) 2014, (c) 2015 and (d) 2016 to date.

    Mr David Gauke

    The General Anti-Abuse Rule (GAAR) was introduced in July 2013, and only applies to abusive tax arrangements entered into from this date.

    This means that it will first apply to income tax returns for the tax year ending 5 April 2014, which must have been filed with HM Revenue and Customs (HMRC) by 31 January 2015.

    For cases to be tackled by the GAAR, HMRC must first enquire into tax returns once they are received, and gather all relevant facts. It is therefore still early in the process of litigation action for cases to be tackled by the GAAR.

    The GAAR Advisory Panel is an external body separate to HMRC. Their independent role means that they do not report the number of meetings held to HMRC.

  • Rob Marris – 2016 Parliamentary Question to the HM Treasury

    Rob Marris – 2016 Parliamentary Question to the HM Treasury

    The below Parliamentary question was asked by Rob Marris on 2016-05-18.

    To ask Mr Chancellor of the Exchequer, what information HM Revenue and Customs holds on the number of people engaged in employment through an employment intermediary in each year since 2008.

    Mr David Gauke

    HM Revenue and Customs does not have details of the number of people engaged in employment through an employment intermediary. Employment intermediaries are required to deduct tax and National Insurance contributions from most people engaged in employment and tax returns are monitored, but no count is kept of the total numbers of workers.

  • Gareth Thomas – 2016 Parliamentary Question to the HM Treasury

    Gareth Thomas – 2016 Parliamentary Question to the HM Treasury

    The below Parliamentary question was asked by Gareth Thomas on 2016-05-18.

    To ask Mr Chancellor of the Exchequer, if he will conduct a consultation with small and medium-sized enterprises on potential steps to support and encourage the take up of employee share ownership schemes after the withdrawal of the valuation check service by HM Revenue and Customs on 31 March 2016; and if he will make a statement.

    Mr David Gauke

    Tax-advantaged employee share schemes are greatly valued by both companies and employers, and the government wants to make sure that the rules surrounding these schemes are as simple and clear as possible. Budget 2016 made a number of changes to the rules for employment-related securities and options which will make these schemes fairer and easier for taxpayers to understand, and therefore encourage businesses to use them.

    An HM Revenue and Customs (HMRC) commissioned report conducted by Oxera considered the effect of the tax-advantaged employee share schemes on productivity. The report is available at: http://webarchive.nationalarchives.gov.uk/20110203095056/http://www.hmrc.gov.uk/research/tax-advantaged-report2.pdf.

    The government’s most recent assessment of the cost of the tax-advantaged employee share schemes to the Exchequer is provided in the table below.

    Forecast cost of Income Tax relief (2015-16)

    Forecast cost of National Insurance relief (2015-16)

    Share Incentive Plan

    £220 million

    £165 million

    Save As You Earn

    £180 million

    £140 million

    Enterprise Management Incentives

    £70 million

    £40 million

    Company Share Option Plan

    £70 million

    £40 million

    HMRC has not withdrawn the valuation checking service for the tax-advantaged employee share schemes. However, HMRC has withdrawn other checks for non-tax advantaged schemes as, in the majority of cases, acceptable valuations were submitted. Therefore, the valuation service added no value and is seen as unnecessary.

    The government keeps all areas of the tax system under review and as part of that in always interested in understanding the views of all interested parties.

    Treasury Ministers and officials have meetings with a wide variety of organisations in the public and private sectors as part of the process of policy development and delivery. Details of ministerial and permanent secretary meetings with external organisations on departmental business are published on a quarterly basis and are available at: http://www.gov.uk/government/collections/hmt-ministers-meetings-hospitality-gifts-and-overseas-travel

    “

  • Gareth Thomas – 2016 Parliamentary Question to the HM Treasury

    Gareth Thomas – 2016 Parliamentary Question to the HM Treasury

    The below Parliamentary question was asked by Gareth Thomas on 2016-05-18.

    To ask Mr Chancellor of the Exchequer, what assessment his Department has made of the effect of employee share ownership schemes on (a) productivity levels and (b) the public purse in the last 12 months.

    Mr David Gauke

    Tax-advantaged employee share schemes are greatly valued by both companies and employers, and the government wants to make sure that the rules surrounding these schemes are as simple and clear as possible. Budget 2016 made a number of changes to the rules for employment-related securities and options which will make these schemes fairer and easier for taxpayers to understand, and therefore encourage businesses to use them.

    An HM Revenue and Customs (HMRC) commissioned report conducted by Oxera considered the effect of the tax-advantaged employee share schemes on productivity. The report is available at: http://webarchive.nationalarchives.gov.uk/20110203095056/http://www.hmrc.gov.uk/research/tax-advantaged-report2.pdf.

    The government’s most recent assessment of the cost of the tax-advantaged employee share schemes to the Exchequer is provided in the table below.

    Forecast cost of Income Tax relief (2015-16)

    Forecast cost of National Insurance relief (2015-16)

    Share Incentive Plan

    £220 million

    £165 million

    Save As You Earn

    £180 million

    £140 million

    Enterprise Management Incentives

    £70 million

    £40 million

    Company Share Option Plan

    £70 million

    £40 million

    HMRC has not withdrawn the valuation checking service for the tax-advantaged employee share schemes. However, HMRC has withdrawn other checks for non-tax advantaged schemes as, in the majority of cases, acceptable valuations were submitted. Therefore, the valuation service added no value and is seen as unnecessary.

    The government keeps all areas of the tax system under review and as part of that in always interested in understanding the views of all interested parties.

    Treasury Ministers and officials have meetings with a wide variety of organisations in the public and private sectors as part of the process of policy development and delivery. Details of ministerial and permanent secretary meetings with external organisations on departmental business are published on a quarterly basis and are available at: http://www.gov.uk/government/collections/hmt-ministers-meetings-hospitality-gifts-and-overseas-travel

    “

  • Gareth Thomas – 2016 Parliamentary Question to the HM Treasury

    Gareth Thomas – 2016 Parliamentary Question to the HM Treasury

    The below Parliamentary question was asked by Gareth Thomas on 2016-05-18.

    To ask Mr Chancellor of the Exchequer, what (a) meetings he has had with external organisations and (b) steps he has taken to encourage the take up of employee share ownership schemes in small and medium-sized businesses in the last 12 months; and if he will make a statement.

    Mr David Gauke

    Tax-advantaged employee share schemes are greatly valued by both companies and employers, and the government wants to make sure that the rules surrounding these schemes are as simple and clear as possible. Budget 2016 made a number of changes to the rules for employment-related securities and options which will make these schemes fairer and easier for taxpayers to understand, and therefore encourage businesses to use them.

    An HM Revenue and Customs (HMRC) commissioned report conducted by Oxera considered the effect of the tax-advantaged employee share schemes on productivity. The report is available at: http://webarchive.nationalarchives.gov.uk/20110203095056/http://www.hmrc.gov.uk/research/tax-advantaged-report2.pdf.

    The government’s most recent assessment of the cost of the tax-advantaged employee share schemes to the Exchequer is provided in the table below.

    Forecast cost of Income Tax relief (2015-16)

    Forecast cost of National Insurance relief (2015-16)

    Share Incentive Plan

    £220 million

    £165 million

    Save As You Earn

    £180 million

    £140 million

    Enterprise Management Incentives

    £70 million

    £40 million

    Company Share Option Plan

    £70 million

    £40 million

    HMRC has not withdrawn the valuation checking service for the tax-advantaged employee share schemes. However, HMRC has withdrawn other checks for non-tax advantaged schemes as, in the majority of cases, acceptable valuations were submitted. Therefore, the valuation service added no value and is seen as unnecessary.

    The government keeps all areas of the tax system under review and as part of that in always interested in understanding the views of all interested parties.

    Treasury Ministers and officials have meetings with a wide variety of organisations in the public and private sectors as part of the process of policy development and delivery. Details of ministerial and permanent secretary meetings with external organisations on departmental business are published on a quarterly basis and are available at: http://www.gov.uk/government/collections/hmt-ministers-meetings-hospitality-gifts-and-overseas-travel

    “

  • Rob Marris – 2016 Parliamentary Question to the HM Treasury

    Rob Marris – 2016 Parliamentary Question to the HM Treasury

    The below Parliamentary question was asked by Rob Marris on 2016-05-18.

    To ask Mr Chancellor of the Exchequer, what information HM Revenue and Customs holds on the number of people engaged in employment through an umbrella company in each year since 2008.

    Mr David Gauke

    HM Revenue and Customs (HMRC) does not routinely record the information requested, but has published estimates on an ad hoc basis since 2008.

    In 2008 HMRC published figures for the number of umbrella workers in a consultation document “Tax Relief for travel expenses: temporary workers and overarching employment contracts.” HMRC estimated that around 120 umbrella companies operating in the UK were using overarching contracts and employed around 100,000 temporary workers at any one time.

    Evidence suggests that for 2013-14 the 50 largest umbrella companies alone employed 150,000 individuals over the course of a year. In 2015 an estimated 430,000 individuals were employed by umbrella companies and employment agencies on overarching contracts over the course of a year. The number at any one time will be less than this.

  • Craig Williams – 2016 Parliamentary Question to the HM Treasury

    Craig Williams – 2016 Parliamentary Question to the HM Treasury

    The below Parliamentary question was asked by Craig Williams on 2016-05-18.

    To ask Mr Chancellor of the Exchequer, with reference to paragraph 6.9 of the Childcare and early years survey of parents 2014-15, what progress HM Revenue and Customs is making in raising awareness of the tax-free childcare scheme.

    Damian Hinds

    The Government will publicise the scheme in good time ahead of its introduction through a range of digital and non-digital channels.

    HM Revenue and Customs will also work with the childcare industry and representative groups who interact regularly with parents to raise awareness of the scheme.

  • Craig Williams – 2016 Parliamentary Question to the HM Treasury

    Craig Williams – 2016 Parliamentary Question to the HM Treasury

    The below Parliamentary question was asked by Craig Williams on 2016-05-18.

    To ask Mr Chancellor of the Exchequer, whether the Government’s review of Atos contracts will affect the preparations for the launch of tax-free childcare.

    Damian Hinds

    We do not anticipate that the review of Atos contracts will affect the preparations for the launch of Tax-Free Childcare. The Cabinet Office will write to the PAC summarising the findings of the review and it will be completed in summer 2016.

  • Craig Williams – 2016 Parliamentary Question to the HM Treasury

    Craig Williams – 2016 Parliamentary Question to the HM Treasury

    The below Parliamentary question was asked by Craig Williams on 2016-05-18.

    To ask Mr Chancellor of the Exchequer, on what dates in 2017 tax-free childcare is planned to be made available to children aged (a) 0-2, (b) 3-4, (c) 5-6, (d) 7-8, (e) 9-10 and (f) 11-12 years.

    Damian Hinds

    Tax-Free Childcare will be launched from early 2017. To roll out the scheme in a safe and managed way, we will be gradually opening up the scheme to all eligible parents within 12 months.

    We will provide further details of the exact plans for this rollout in due course and in good time for parents and childcare providers to prepare for the introduction of Tax-Free Childcare.