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What recent steps he has taken to ensure fairness in the application of the tax system.
What recent steps he has taken to ensure fairness in the application of the tax system.
Regarding fairness, we have a progressive tax system where the top 5% of income tax payers pay nearly half of all income tax, while the top 1% pay more than 28%. In addition, the national insurance reforms announced at the autumn statement cut taxes for 29 million people. That package also strengthens the fiscal position by helping taxpayers to get their taxes right, while bearing down on the small minority who seek to avoid paying their fair share.
To ask the Secretary of State for Digital, Culture, Media and Sport, what discussions he has had with HMRC on providing guidance to professional football clubs on the effect that reduced revenues will have on the taxation requirements for those clubs.
To ask the Secretary of State for Digital, Culture, Media and Sport, what discussions he has had with HMRC on providing guidance to professional football clubs on the effect that reduced revenues will have on the taxation requirements for those clubs.
The Government has provided unprecedented support to businesses throughout this period, including a comprehensive and sizable package of direct fiscal support for business such as the business rates relief. Many football clubs have benefited from these measures.
The Department for Digital, Culture, Media and Sport continues to work closely with other Government Departments as part of our coordinated response to the Covid-19 pandemic. Guidance on tax requirements can be found on gov.uk.