Asked by: Sam Tarry (Labour - Ilford South)
Question to the HM Treasury:
To ask the Chancellor of the Exchequer, how many UK residents claimed non-domicile tax status in the UK in each of the last five years.
Answered by Jesse Norman - Shadow Leader of the House of Commons
The number of UK residents who claimed non-domicile tax status in the UK in each of the last five years can be found in Table 1 of ‘Statistics on Non-domiciled Taxpayers in the UK,’ available on GOV.UK at: https://www.gov.uk/government/statistics/statistics-on-non-domiciled-taxpayers-in-the-uk.
COVID-19 measures and guidance related to the Statutory Residence Test (SRT) have been estimated to have a negligible cost to the exchequer. This is because they will in most cases preserve what an individual's tax residence determination would be in the absence of COVID-19. Individuals who utilise these changes in 2020-21 will, where necessary, be required to declare this in their Self-Assessment returns which are due in January 2022.
Asked by: Sam Tarry (Labour - Ilford South)
Question to the HM Treasury:
To ask the Chancellor of the Exchequer, what estimate he has made of the value of the forfeiture of tax revenue as a result of non-domiciled residents remaining in the UK after the 60-day covid-19 extension period.
Answered by Jesse Norman - Shadow Leader of the House of Commons
The number of UK residents who claimed non-domicile tax status in the UK in each of the last five years can be found in Table 1 of ‘Statistics on Non-domiciled Taxpayers in the UK,’ available on GOV.UK at: https://www.gov.uk/government/statistics/statistics-on-non-domiciled-taxpayers-in-the-uk.
COVID-19 measures and guidance related to the Statutory Residence Test (SRT) have been estimated to have a negligible cost to the exchequer. This is because they will in most cases preserve what an individual's tax residence determination would be in the absence of COVID-19. Individuals who utilise these changes in 2020-21 will, where necessary, be required to declare this in their Self-Assessment returns which are due in January 2022.
Asked by: Sam Tarry (Labour - Ilford South)
Question to the HM Treasury:
To ask the Chancellor of the Exchequer, what estimate he has made of the average annual income of non-domiciled residents in the UK.
Answered by Jesse Norman - Shadow Leader of the House of Commons
The number of UK residents who claimed non-domicile tax status in the UK in each of the last five years can be found in Table 1 of ‘Statistics on Non-domiciled Taxpayers in the UK,’ available on GOV.UK at: https://www.gov.uk/government/statistics/statistics-on-non-domiciled-taxpayers-in-the-uk.
COVID-19 measures and guidance related to the Statutory Residence Test (SRT) have been estimated to have a negligible cost to the exchequer. This is because they will in most cases preserve what an individual's tax residence determination would be in the absence of COVID-19. Individuals who utilise these changes in 2020-21 will, where necessary, be required to declare this in their Self-Assessment returns which are due in January 2022.
Asked by: Sam Tarry (Labour - Ilford South)
Question to the HM Treasury:
To ask the Chancellor of the Exchequer, what estimate he has made of the value of the forfeiture of tax revenue from non-domiciled residents that remained in the UK for the 60-day covid-19 extension period, who are exempt from paying the higher tax rate as a result of exceptional circumstances.
Answered by Jesse Norman - Shadow Leader of the House of Commons
The number of UK residents who claimed non-domicile tax status in the UK in each of the last five years can be found in Table 1 of ‘Statistics on Non-domiciled Taxpayers in the UK,’ available on GOV.UK at: https://www.gov.uk/government/statistics/statistics-on-non-domiciled-taxpayers-in-the-uk.
COVID-19 measures and guidance related to the Statutory Residence Test (SRT) have been estimated to have a negligible cost to the exchequer. This is because they will in most cases preserve what an individual's tax residence determination would be in the absence of COVID-19. Individuals who utilise these changes in 2020-21 will, where necessary, be required to declare this in their Self-Assessment returns which are due in January 2022.
Asked by: Sam Tarry (Labour - Ilford South)
Question to the HM Treasury:
To ask the Chancellor of the Exchequer, whether self-assessment tax return forms that were amended between the period 26 March 2020 to 20 April 2020 will be accepted in consideration for the Self-Employed Income Support Scheme (SEISS); and whether discretion will be used to ensure that people who made amendments to their self-assessment forms due to genuine error will receive the appropriate support from SEISS.
Answered by Jesse Norman - Shadow Leader of the House of Commons
The Self-Employment Income Support Scheme (SEISS) is designed to be delivered quickly and so is based on information HMRC already hold. This also provides some protection against fraud and abuse.
The SEISS is governed by a Direction issued by the Treasury. That Direction clearly sets out the parameters of the scheme, including the eligibility and payment calculation rules. The 2018-19 return must have been filed by 23 April 2020, and no amendments made after 6pm on 26 March will be taken into account. The SEISS makes no provision to accept later returns or amendments, for example on reasonable excuse or error grounds. If claimants feel HMRC have got their eligibility decision wrong they may ask for a review, following the process set out on GOV.UK.
Asked by: Sam Tarry (Labour - Ilford South)
Question to the HM Treasury:
To ask the Chancellor of the Exchequer, how many people who are directors of limited companies received total payments, including dividends, of (a) under £10,000, (b) £10,000-£20,0000, (c) £20,000-£30,0000, (d) £30,000-£40,000, (e) £40,000-£50,000, (f) £50,000-£100,000 and (g) £100,000 and above, in the last 12 month period for which figures are available.
Answered by Jesse Norman - Shadow Leader of the House of Commons
Individuals can report that they are a director on their Self-Assessment return. HMRC have provided data based on these individuals for the 2018/19 tax year, but this will not account for late filing behaviour, those who have chosen not report this information on the form, or those who do not need to complete Self-Assessment returns. Based on this data, HMRC have estimated responses to the questions, rounded to the nearest 10,000 individuals.
52599:
Total Income Reported | Number of Directors |
Less than £10k | 150,000 |
£10-20k | 340,000 |
£20-30k | 260,000 |
£30-40k | 230,000 |
£40-50k | 310,000 |
£50-100k | 330,000 |
Greater than £100k | 170,000 |
52600:
Dividends Income Reported | Number of Directors |
Less than £10k | 900,000 |
£10-20k | 250,000 |
£20-30k | 200,000 |
£30-40k | 220,000 |
£40-50k | 70,000 |
£50-100k | 120,000 |
Greater than £100k | 40,000 |
52601:
The mean income of directors based on HMRC data is £59,000, and the median is £36,400, both rounded to the nearest £100.
Asked by: Sam Tarry (Labour - Ilford South)
Question to the HM Treasury:
To ask the Chancellor of the Exchequer, how many people who are directors of limited companies received total dividend payments of (a) under £10,000, b) £10,000-£20,0000, (c) £20,000-£30,0000, (d) £30,000-£40,000, (e) £40,000-£50,000, (f) £50,000-£100,000 and (g) £100,000 and above for the latest 12 month period for which figures are available.
Answered by Jesse Norman - Shadow Leader of the House of Commons
Individuals can report that they are a director on their Self-Assessment return. HMRC have provided data based on these individuals for the 2018/19 tax year, but this will not account for late filing behaviour, those who have chosen not report this information on the form, or those who do not need to complete Self-Assessment returns. Based on this data, HMRC have estimated responses to the questions, rounded to the nearest 10,000 individuals.
52599:
Total Income Reported | Number of Directors |
Less than £10k | 150,000 |
£10-20k | 340,000 |
£20-30k | 260,000 |
£30-40k | 230,000 |
£40-50k | 310,000 |
£50-100k | 330,000 |
Greater than £100k | 170,000 |
52600:
Dividends Income Reported | Number of Directors |
Less than £10k | 900,000 |
£10-20k | 250,000 |
£20-30k | 200,000 |
£30-40k | 220,000 |
£40-50k | 70,000 |
£50-100k | 120,000 |
Greater than £100k | 40,000 |
52601:
The mean income of directors based on HMRC data is £59,000, and the median is £36,400, both rounded to the nearest £100.
Asked by: Sam Tarry (Labour - Ilford South)
Question to the HM Treasury:
To ask the Chancellor of the Exchequer, what the (a) median and (b) mean payment, including dividends, was to directors of limited companies in the last 12 month period for which figures are available.
Answered by Jesse Norman - Shadow Leader of the House of Commons
Individuals can report that they are a director on their Self-Assessment return. HMRC have provided data based on these individuals for the 2018/19 tax year, but this will not account for late filing behaviour, those who have chosen not report this information on the form, or those who do not need to complete Self-Assessment returns. Based on this data, HMRC have estimated responses to the questions, rounded to the nearest 10,000 individuals.
52599:
Total Income Reported | Number of Directors |
Less than £10k | 150,000 |
£10-20k | 340,000 |
£20-30k | 260,000 |
£30-40k | 230,000 |
£40-50k | 310,000 |
£50-100k | 330,000 |
Greater than £100k | 170,000 |
52600:
Dividends Income Reported | Number of Directors |
Less than £10k | 900,000 |
£10-20k | 250,000 |
£20-30k | 200,000 |
£30-40k | 220,000 |
£40-50k | 70,000 |
£50-100k | 120,000 |
Greater than £100k | 40,000 |
52601:
The mean income of directors based on HMRC data is £59,000, and the median is £36,400, both rounded to the nearest £100.