Speech in Commons Chamber - Tue 08 Jan 2019
Finance (No. 3) Bill
"Given the Front-Bench speech that we heard from the Opposition, it is worth noting that the allowance was only £6,475 when Labour left power, but is now £12,500 under this Conservative Government...."Anne Main - View Speech
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Speech in Commons Chamber - Tue 08 Jan 2019
Finance (No. 3) Bill
"My hon. Friend prompted me when he mentioned a golden era. Does he remember when a certain Labour Chancellor thought it an excellent idea to sell off our gold reserves at a record low?..."Anne Main - View Speech
View all Anne Main (Con - St Albans) contributions to the debate on: Finance (No. 3) Bill
Speech in Commons Chamber - Tue 08 Jan 2019
Finance (No. 3) Bill
"My hon. Friend has mentioned some of the benefits of having a working parent or family member, but it also sets an enormously good example for the children. Children brought up in workless households have low aspirations and ambitions when it comes to obtaining work themselves, so somebody being in …..."Anne Main - View Speech
View all Anne Main (Con - St Albans) contributions to the debate on: Finance (No. 3) Bill
Speech in Commons Chamber - Tue 08 Jan 2019
Finance (No. 3) Bill
"I wanted to have more time to be able to say what a great job the Government have been doing: a 43-year low for unemployment rates, 1,000 jobs a day created and bringing in the personal allowance upgrade even earlier. We do not have time to go through all that, …..."Anne Main - View Speech
View all Anne Main (Con - St Albans) contributions to the debate on: Finance (No. 3) Bill
Speech in Commons Chamber - Tue 08 Jan 2019
Finance (No. 3) Bill
"Exactly. I have also been advised by a former constituent, who, despite no longer living in the UK, is being pursued by HMRC for thousands of pounds of unpaid tax. Another person was advised that this mechanism truly was lawful and it has come as a huge shock to his …..."Anne Main - View Speech
View all Anne Main (Con - St Albans) contributions to the debate on: Finance (No. 3) Bill
Speech in Commons Chamber - Tue 08 Jan 2019
Finance (No. 3) Bill
"It will have to be very quick, because I am aware other people need to speak...."Anne Main - View Speech
View all Anne Main (Con - St Albans) contributions to the debate on: Finance (No. 3) Bill
Speech in Commons Chamber - Tue 08 Jan 2019
Finance (No. 3) Bill
"My hon. Friend is exactly right. There are many versions of that story. I have constituents who say that HMRC was made aware of these arrangements but no objection was raised until many years later. That has to be fundamentally wrong. What more due diligence can anyone do?
I will …..."Anne Main - View Speech
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Written Question
Thursday 20th December 2018
Asked by:
Anne Main (Conservative - St Albans)
Question
to the HM Treasury:
To ask the Chancellor of the Exchequer, how many people are being pursued for repayments under the 2019 Loan Charge in (a) St Albans and (b) the UK since it came into force.
Answered by Mel Stride
- Shadow Chancellor of the Exchequer
The charge on disguised remuneration (DR) loans is targeted at artificial tax avoidance schemes where earnings were paid via a third party in the form of ‘loans’. These loans were paid in place of ordinary remuneration, with the sole purpose of avoiding income tax and National Insurance contributions. In reality these loans were never repaid. When taking into account the loan they received, loan scheme users have on average twice as much income as the average UK taxpayer.
The Government estimates that up to 50,000 individuals will be affected by the 2019 loan charge. Information is not held at constituency level.
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.
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.
Written Question
Thursday 6th December 2018
Asked by:
Anne Main (Conservative - St Albans)
Question
to the HM Treasury:
To ask the Chancellor of the Exchequer, what assessment he has made of the potential merits for the tourism industry of a reduction in VAT on hotels and tourist attractions.
Answered by Mel Stride
- Shadow Chancellor of the Exchequer
The government explored the impact of VAT on the tourism industry in its recent call for evidence, in the context of a focus on Northern Ireland. The government published its response at Budget 2018.
In light of the legal restrictions on VAT devolution and the fiscal implications of reform on a UK wide reform, the government will not be making a change at this time.
This is a complex issue, affecting an important source of revenue for the Exchequer and the government will continue to analyse the evidence and receive representations, in order to keep these issues under close review.
Speech in Commons Chamber - Mon 22 Oct 2018
EU Customs Union and Draft Withdrawal Agreement: Cost
"Can my hon. Friend inform me why he thinks that there is any incentive for the EU to give us a good deal if they think that by dragging their heels they can drag us into being obliged to pay extra money to them?..."Anne Main - View Speech
View all Anne Main (Con - St Albans) contributions to the debate on: EU Customs Union and Draft Withdrawal Agreement: Cost