Share Fishermen: Taxation

Treasury written question – answered on 11th July 2019.

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Photo of Anneliese Dodds Anneliese Dodds Shadow Minister (Treasury)

To ask the Chancellor of the Exchequer, pursuant to the Answer of 5 July 2019 to Question 270381 on Share Fishermen: Taxation, what the timeframe is for HMRC to confirm the new scheme.

Photo of Jesse Norman Jesse Norman Financial Secretary to the Treasury and Paymaster General

HMRC plan to write to all share fishermen as soon as possible, advising them that the share fishermen scheme will stop after the July Self Assessment (SA) period. The letter will refer share fishermen to the SA guidance, which includes guidance on setting up a Budget Payment Plan should they wish to take advantage of that.

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