Speech in Commons Chamber - Wed 16 Jun 2021
Economy Update
"Visiting businesses across Barrow and Furness last weekend, I had one clear message from both those who run the businesses and the staff: they are incredibly grateful for the support they have had from the Government, especially the furlough scheme, but they asked for continuity and certainty that these schemes …..."Simon Fell - View Speech
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Written Question
Thursday 27th May 2021
Asked by:
Simon Fell (Conservative - Barrow and Furness)
Question
to the HM Treasury:
To ask the Chancellor of the Exchequer, what recent discussions (a) he and (b) officials in his Department have had with relevant stakeholders on a refresh to the tonnage tax regime.
Answered by Kemi Badenoch
- Leader of HM Official Opposition
As with all taxes, the Government keeps the tonnage tax regime under review and regularly engages with relevant stakeholders. Any changes to the tax system are considered and announced by the Chancellor.
Written Question
Monday 1st March 2021
Asked by:
Simon Fell (Conservative - Barrow and Furness)
Question
to the HM Treasury:
To ask the Chancellor of the Exchequer, what assessment he has made of the potential effect on social enterprises of the end of Social Investment Tax Relief once the sunset clause is reached in April 2021.
Answered by Jesse Norman
- Shadow Leader of the House of Commons
The Social Investment Tax Relief (SITR) was introduced in 2014 to encourage risk finance investments in qualifying social enterprises and charities. HMRC statistics show that up to 2018-19, about 110 enterprises have used the scheme to raise £11.2 million.
The Government keeps all taxes and reliefs under review in order to ensure they continue to meet policy objectives in a way that is fair and effective. The Government previously published a Call for Evidence on SITR’s use to date. A response to the consultation will be published in due course and a decision on SITR’s future will be announced at the Budget ahead of its sunset clause in April 2021.
Speech in Commons Chamber - Mon 11 Jan 2021
Economic Update
"As the pandemic continues, it is only right that the Government provide further financial assistance to support jobs and businesses. That is why I welcome the £4.6 billion of funding for grants that was announced last week, which will benefit people and businesses across Barrow and Furness. However, does my …..."Simon Fell - View Speech
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Speech in Westminster Hall - Wed 11 Nov 2020
North of England: Economic Support
"It is a pleasure to serve under your chairmanship, Mr Efford, and I thank the hon. Member for Barnsley Central (Dan Jarvis) for securing the debate.
Walking around communities like ours, it is clear that businesses are struggling and are worried about the future where once, really not that long …..."Simon Fell - View Speech
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Speech in Commons Chamber - Wed 21 Oct 2020
Additional Covid-19 Restrictions: Fair Economic Support
"Coronavirus has presented a huge national challenge rarely seen at this scale outside a time of war. In tackling it, we have been forced to make accommodations that sit uncomfortably with us all. Those accommodations and compromises form part of a delicate compact that we have with the British people: …..."Simon Fell - View Speech
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