Results 1–20 of 753 for speaker:Mel Stride

Written Answers — HM Treasury: Financial Services: Registration (16 Oct 2017)

Mel Stride: HMRC’s Supervised Businesses Register is updated daily and includes details of businesses supervised by HMRC for anti-money laundering purposes. Management Information is collected at the end of each month. As of 30th September 2017 there were 27,060 businesses on the register. HMRC does not intend to publish the information on the Supervised Business Register in an open data format....

Written Answers — HM Treasury: NHS: Training (16 Oct 2017)

Mel Stride: HM Revenue and Customs has made just under 31000 refunds since the introduction of the NHS Widening Access Training scheme in 1999. Not all of these will include a refund of national insurance contributions but all will include a refund of income tax. Currently there are around 700 claims waiting to be processed.

Written Answers — HM Treasury: Tax Avoidance (16 Oct 2017)

Mel Stride: The Government is committed to tackling tax avoidance and evasion at all levels to ensure everyone, no matter who they are, pays the right amount of tax at the right time. Last year, HMRC brought in a record additional £29 billion by cracking down on avoidance, evasion and non-compliance. The Government is legislating for over ten measures in the current Finance Bill to further...

Written Answers — HM Treasury: Taxation: Domicil (16 Oct 2017)

Mel Stride: Summer Budget 2015 announced a far-reaching set of reforms to the way that non-domiciled individuals are taxed in the UK to prevent abuse of the status. These reforms are now before Parliament in the Finance Bill and mean that: i) Those who are resident for 15 of the past 20 years will become deemed-domiciled for tax purposes; ii) Those who were born in the UK with a UK domicile of origin,...

Written Answers — HM Treasury: Taxation: Domicil (16 Oct 2017)

Mel Stride: No estimate has been made of the potential effect on tax revenue of abolishing the entire special tax regime for non-domiciled individuals. However, this government has introduced legislation that will change the taxation of non-domiciled individuals by ending permanent non-domiciled tax status. This is part of a wider package of reforms. The full package is expected to raise £1.6...

Written Answers — HM Treasury: Money Laundering (16 Oct 2017)

Mel Stride: In May 2017, HMRC launched a new online registration system for anti-money laundering supervision. Payments for anti-money laundering supervision are made through the HMRC Online Payments Service. The HMRC Online Payments Service has experienced issues on two occasions in the last 12 months: on 31st July during the Self-Assessment payments peak, and on 26th September following routine...

Written Answers — HM Treasury: Pensions: Tax Allowances (16 Oct 2017)

Mel Stride: HM Revenue and Customs published the cost of tax reliefs on pensions in the table titled: ‘Cost of Registered Pension Scheme Tax Relief’, which can be found in the link below. The latest information held is for 2015-16, with 2016-17 data due to be published in February 2018: schemes-cost-of-tax-relief

Written Answers — HM Treasury: Taxation: Domicil (16 Oct 2017)

Mel Stride: The number of individuals registered as non-domicile for tax purposes for each of the last five tax years for which data is available are found in the table below: Tax Year Number of Non-domiciled Taxpayers 2010-11 115,100 2011-12 113,200 2012-13 117,000 2013-14 119,800 2014-15 121,300 This information and further details on individuals who are not domiciled for tax...

Written Answers — HM Treasury: Child Benefit: Northern Ireland (16 Oct 2017)

Mel Stride: HM Revenue and Customs regularly track the overall processing times for new Child Benefit claims. However, the processing times for those claims received specifically from Northern Ireland are not readily available and cannot be provided without incurring disproportionate cost.

Written Answers — HM Treasury: Roadchef: Employee Benefit Trusts (16 Oct 2017)

Mel Stride: The administration of the tax system, including where appropriate the repayment of tax or duties, is a matter for HM Revenue and Customs. It would not be appropriate for Ministers to comment on the affairs of specific taxpayers.

Written Answers — HM Treasury: Overseas Trade (16 Oct 2017)

Mel Stride: HM Revenue & Customs is responsible for the collection of data on imports and exports of goods into the United Kingdom. The attached provides a breakdown of UK exports to, and imports from, the top five countries for each month since June 2012 by value adjusted to exclude exports and imports of non-monetary gold. imports/exports (Excel SpreadSheet, 36.88 KB)

Written Answers — HM Treasury: Enterprise Investment Scheme (16 Oct 2017)

Mel Stride: HM Revenue and Customs (HMRC) administers the tax-advantaged venture capital schemes: the Enterprise Investment Scheme (EIS), the Seed Enterprise Investment Scheme, Venture Capital Trusts and the Social Investment Tax Relief (SITR) scheme. HMRC operates the same targets for all advance assurance applications and submissions of statutory compliance statements under the tax-advantaged venture...

Written Answers — HM Treasury: Clinical Psychologists: Training (16 Oct 2017)

Mel Stride: The tax treatment of trainee clinical psychologists will depend on the circumstances of their contract and the type of studies they undertake.

Written Answers — HM Treasury: Paye (16 Oct 2017)

Mel Stride: The vast majority of Real Time Information submissions are accurate and on time. However, a very small number of data quality issues create discrepancies and these can have an effect on an individual’s tax and benefits position. HMRC are currently reviewing these cases so as to better understand what causes late and incorrect data, and how they can then improve guidance and help to...

Written Answers — HM Treasury: Corporation Tax: Northern Ireland (16 Oct 2017)

Mel Stride: While dependent on the rate established by a restored Northern Ireland Executive, the devolution of corporation tax rate-setting powers will allow Northern Ireland to compete more effectively for foreign direct investment, and encourage greater investment by companies already in Northern Ireland. Creating a stronger Northern Ireland economy will benefit the entire United Kingdom. The...

Written Answers — HM Treasury: Corporation Tax: Northern Ireland (16 Oct 2017)

Mel Stride: The effect on UK tax revenues of devolving corporation tax rate-setting powers will depend on the rate set by the Northern Ireland Executive. Under the Stormont House Agreement, these powers will be commenced once a restored Northern Ireland Executive has demonstrated that its finances are on a sustainable footing. The Northern Ireland Executive block grant will be reduced to reflect the...

Written Answers — HM Treasury: Taxation: Domicil (16 Oct 2017)

Mel Stride: As the external Office for Budget Responsibility confirmed, there is no cost to the public purse of Business Investment Relief. Foreign income invested using Business Investment Relief would otherwise have been left offshore and not subject to UK tax. The current amount that has been invested in the UK using Business Investment Relief is given in the table below: Tax Year...

Written Answers — HM Treasury: Taxation: Domicil (16 Oct 2017)

Mel Stride: The number of individuals that received business investment relief can be found in Table 6 of ‘Statistics on Non-domiciled Taxpayers in the UK,’ on the website ( domiciled-taxpayers-in-the-uk).

Written Answers — HM Treasury: Customs Officers: Scotland (12 Oct 2017)

Mel Stride: The allocation of resources and staffing levels required by HMRC after the UK leaves the European Union will be dependent on the outcome of negotiations.

Written Answers — HM Treasury: Landlords: Taxation (12 Oct 2017)

Mel Stride: HM Revenue and Customs (HMRC) launched the Let Property Campaign in 2013, which focusses on the residential property letting market. It aims to help landlords to get their tax right from day one, keeping them on track and offering an opportunity to address previous errors. The campaign has been successful at both providing education material to prevent tax loss and enabling landlords to bring...

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