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To ask the Secretary of State for Business and Trade, whether she has made an estimate of the number of subpostmasters who received compensation following the settlement of the civil court case on the Post Office's Horizon IT system who have sought tax advice on that compensation; and if she...

Asked by
Jonathan Reynolds (Labour; Co-operative Party)
Answering body
Department for Business and Trade
Type
Written questions
Status
Answered
Date
14 March 2023
Reference
149455
House
House of Commons

To ask the Secretary of State for Business and Trade, whether compensation received by subpostmasters following the failure of the Post Office Horizon IT system will be treated as loss of earnings for tax purposes.

Asked by
Jonathan Reynolds (Labour; Co-operative Party)
Answering body
Department for Business and Trade
Type
Written questions
Status
Answered
Date
14 March 2023
Reference
150682
House
House of Commons

To ask the Chancellor of the Exchequer, with reference to subpostmasters who have received compensation following the failure of the Post Office Horizon IT system, if he will make an estimate of the total amount of tax he expects to be due on that compensation.

Asked by
Jonathan Reynolds (Labour; Co-operative Party)
Answering body
Treasury
Type
Written questions
Status
Answered
Date
27 February 2023
Reference
150474
House
House of Commons

I agree, but if the Business Secretary believes that integrity and honesty are important in all walks of life, he should have voted against the Prime Minister last night.

I welcome the Government’s U-turn on a windfall tax, but yet again they say one thing and do another. There is uncertainty about who the tax will apply to, and there is worry that the chaotic nature of the announcement could perversely incentivise investment in fossil fuels over renewables. Uncertainty and botched announcements are a feature of the Government, which is one reason why business investment has been so poor

under the Conservatives. When will the Business Secretary offer certainty to businesses on who exactly the Government intend to apply the tax to?

Asked by
Jonathan Reynolds (Labour; Co-operative Party)
Answering body
Department for Business, Energy and Industrial Strategy
Topical questions - Supplementary
Status
Answered
Date
7 June 2022
Reference
715 cc667-8
House
House of Commons

Eleventh Opposition day debate (part two). Question agreed to on division (192 votes to 0).

Lead member
Ed Miliband; Jonathan Reynolds
Answering member
Greg Hands; Imran Hussain; Lee Rowley
Department
Department for Business, Energy and Industrial Strategy
Type
Opposition days
Date
1 February 2022
Reference
708 cc201-251
House
House of Commons

Tenth opposition day debate (part two). Motion that this House recognises the strain that businesses are under following a difficult Christmas period and two years of disruption during the Covid-19 outbreak; notes challenges are more severe in some sectors; regrets that businesses are struggling with increasing energy costs, high inflation,...

Lead member
Jonathan Reynolds
Answering member
Seema Malhotra; Paul Scully; Lee Rowley
Department
Department for Business, Energy and Industrial Strategy
Type
Opposition days
Date
11 January 2022
Reference
706 cc500-542
House
House of Commons

To ask the Secretary of State for Work and Pensions, what assessment she has made of the potential merits of excluding tax rebates from universal credit earnings assessments.

Asked by
Jonathan Reynolds (Labour; Co-operative Party)
Answering body
Department for Work and Pensions
Type
Written questions
Status
Answered
Date
8 June 2020
Reference
48985
House
House of Commons

Last week’s Budget certainly did not end austerity, but we all heard that things could be even worse in the event that the Government fail to get a good Brexit deal. In the Chancellor’s own words, that would necessitate a new Budget entirely, so may I ask the Financial Secretary an entirely straight question: how will the Government react to the loss of even 10% of our tax revenues from financial services in the now likely event that our market access is diminished?

Asked by
Jonathan Reynolds (Labour; Co-operative Party)
Answering body
Treasury
Oral questions - Supplementary
Status
Answered
Date
6 November 2018
Reference
648 c1357
House
House of Commons

The reason the Minister keeps having to give the same answer is that the Government’s answer is woefully inadequate. Business needs certainty and the Government have run out of time, so will he at least acknowledge that securing no more than equivalence which is already available to third countries would be insufficient? Is it not the case that if people want a Brexit deal that really protects jobs and tax revenues, and they want to end austerity, the only way they can have both is with a Labour Government?

Asked by
Jonathan Reynolds (Labour; Co-operative Party)
Answering body
Treasury
Oral questions - Supplementary
Status
Answered
Date
6 November 2018
Reference
648 c1357
House
House of Commons