Asked by: Ellie Chowns (Green Party - North Herefordshire)
Question to the HM Treasury:
To ask the Chancellor of the Exchequer, what assessment her Department has made of the potential impact on the smooth functioning of the property market, of the Finance Bill's requirement for conveyancers submitting Stamp Duty Land Tax returns on behalf of clients to register as 'tax advisers'.
Answered by Dan Tomlinson - Exchequer Secretary (HM Treasury)
The government has consulted extensively with stakeholders about plans to require the registration of tax advisers who interact with HMRC on behalf of their clients.
This includes the 2024 consultation ‘Raising standards in the tax advice market: strengthening the regulatory framework and improving registration’ and a technical consultation on draft legislation published in summer 2025.
HMRC will continue to work with the industry ahead of implementation and consider concerns raised by stakeholder groups, including conveyancers.
HMRC has released a tax information and impact note on GOV.UK. The note details how the measure is expected to affect businesses that provide professional tax services and interact with HMRC on behalf of their clients.
Asked by: Ellie Chowns (Green Party - North Herefordshire)
Question to the HM Treasury:
To ask the Chancellor of the Exchequer, when HMRC will publish the detailed guidance firms will need in order to comply with the Finance Bill's requirement for conveyancers submitting Stamp Duty Land Tax returns on behalf of clients to register as 'tax advisers'.
Answered by Dan Tomlinson - Exchequer Secretary (HM Treasury)
HMRC has published guidance on GOV.UK to support tax advisers who are required to register with HMRC.
https://www.gov.uk/guidance/check-if-and-when-you-need-to-register-as-a-tax-adviser-with-hmrc
Further guidance will be published before May 2026 and HMRC is working with key industry stakeholders to get the detail of this guidance right.
Asked by: Gurinder Singh Josan (Labour - Smethwick)
Question to the HM Treasury:
To ask the Chancellor of the Exchequer, what plans her Department has to improve access to finance for small and mid-sized quoted companies.
Answered by Lucy Rigby - Economic Secretary (HM Treasury)
The UK’s capital markets play a key role in delivering on the government’s growth mission. We have already delivered an ambitious set of reforms to make it easier for firms to start, scale, list and stay on UK markets, and capital markets are a core pillar of the Financial Services Growth and Competitiveness Strategy, launched at Mansion House.
The UK is also a hub for growth capital, with UK growth markets providing funding to growing companies from across the world. Over the last 10 years, over half of all capital raised on European growth markets was raised on AIM.
The government maintains a range of targeted tax reliefs for growth market shares, supporting capital raising for listed businesses, and investors in those shares. This supports growth in the broader UK economy.
Asked by: Claire Hanna (Social Democratic & Labour Party - Belfast South and Mid Down)
Question to the HM Treasury:
To ask the Chancellor of the Exchequer, how and when her Department plans to roll out the 'Making Tax Digital' scheme across turnover brackets.
Answered by Dan Tomlinson - Exchequer Secretary (HM Treasury)
MTD for Income Tax will be introduced across the UK from April 2026 for sole traders and landlords with qualifying income over £50,000. It will be extended to those with qualifying income over £30,000 from April 2027 and for those with qualifying income over £20,000 in April 2028.
Asked by: Alec Shelbrooke (Conservative - Wetherby and Easingwold)
Question to the HM Treasury:
To ask the Chancellor of the Exchequer, what estimate she has made of the cumulative number of pensioners who will be liable for income tax between 2026 and 2031 as a result of the the Personal Allowance threshold being frozen; and what assessment she has made of the total additional tax revenue from those of pensionable age over this period.
Answered by Dan Tomlinson - Exchequer Secretary (HM Treasury)
The number of people forecast to pay tax by marginal rate can be found in Table 3.19 in the OBR’s November 2025 Economic and fiscal outlook – detailed forecast tables: receipts, linked below:
The previous Government made the decision to maintain income tax thresholds at their current levels from April 2021 until April 2028 and this is reflected in the numbers.
The Chancellor has said that those whose only income is the basic or new State Pension without any increments will not have to pay income tax over this Parliament. At the Budget, the Government announced that it will achieve this by easing the administrative burden for pensioners so that they do not have to pay small amounts of tax via Simple Assessment from 2027/28. The Government will set out more details in due course.Asked by: Gurinder Singh Josan (Labour - Smethwick)
Question to the HM Treasury:
To ask the Chancellor of the Exchequer, what assessment her Department has made of the role of tax incentives in boosting investment in small and mid-sized quoted companies.
Answered by Lucy Rigby - Economic Secretary (HM Treasury)
This government is committed to supporting founders and innovative companies to start, scale, stay and list in the UK.
At Budget we increased the generosity of our enterprise tax reliefs, to support scaling companies raise finance and attract top talent, and committed to being a better customer to innovative businesses, through the use of advance market commitments and wider procurement reforms.
We have also increased the financial capacity of the British Business Bank, enabling them to invest £5 billion into scaling companies over this Parliament.
The Government also launched a Call for Evidence on Tax Support for Entrepreneurs, examining how the tax system supports investment in high growth companies and exploring potential options to go further. The consultation closed on 28 February 2026.
We have already delivered an ambitious set of reforms to make it easier for firms to list and stay on UK markets, and capital markets are a core pillar of the Financial Services Growth and Competitiveness Strategy, launched at Mansion House.
The UK is a hub for growth capital, with UK growth markets providing funding to growing companies from across the world. Over the last 10 years, over half of all capital raised on European growth markets was raised on AIM.
The government maintains a range of targeted tax reliefs for growth market shares, supporting capital raising for quoted companies, and investors in those shares. This supports growth in the broader UK economy.
Collectively these measures support companies access investment across their life cycle, alongside supporting access to government contracts and talent. We will monitor and evaluate the impact of these measures.
Asked by: Gurinder Singh Josan (Labour - Smethwick)
Question to the HM Treasury:
To ask the Chancellor of the Exchequer, what assessment her Department has made of the effectiveness of its current policies in supporting entrepreneurship and the scale-up of UK businesses.
Answered by Lucy Rigby - Economic Secretary (HM Treasury)
This government is committed to supporting founders and innovative companies to start, scale, stay and list in the UK.
At Budget we increased the generosity of our enterprise tax reliefs, to support scaling companies raise finance and attract top talent, and committed to being a better customer to innovative businesses, through the use of advance market commitments and wider procurement reforms.
We have also increased the financial capacity of the British Business Bank, enabling them to invest £5 billion into scaling companies over this Parliament.
The Government also launched a Call for Evidence on Tax Support for Entrepreneurs, examining how the tax system supports investment in high growth companies and exploring potential options to go further. The consultation closed on 28 February 2026.
We have already delivered an ambitious set of reforms to make it easier for firms to list and stay on UK markets, and capital markets are a core pillar of the Financial Services Growth and Competitiveness Strategy, launched at Mansion House.
The UK is a hub for growth capital, with UK growth markets providing funding to growing companies from across the world. Over the last 10 years, over half of all capital raised on European growth markets was raised on AIM.
The government maintains a range of targeted tax reliefs for growth market shares, supporting capital raising for quoted companies, and investors in those shares. This supports growth in the broader UK economy.
Collectively these measures support companies access investment across their life cycle, alongside supporting access to government contracts and talent. We will monitor and evaluate the impact of these measures.
Asked by: Gurinder Singh Josan (Labour - Smethwick)
Question to the HM Treasury:
To ask the Chancellor of the Exchequer, what steps her Department is taking to support entrepreneurship and the transition of high-growth UK businesses from start-up to scale-up.
Answered by Lucy Rigby - Economic Secretary (HM Treasury)
This government is committed to supporting founders and innovative companies to start, scale, stay and list in the UK.
At Budget we increased the generosity of our enterprise tax reliefs, to support scaling companies raise finance and attract top talent, and committed to being a better customer to innovative businesses, through the use of advance market commitments and wider procurement reforms.
We have also increased the financial capacity of the British Business Bank, enabling them to invest £5 billion into scaling companies over this Parliament.
The Government also launched a Call for Evidence on Tax Support for Entrepreneurs, examining how the tax system supports investment in high growth companies and exploring potential options to go further. The consultation closed on 28 February 2026.
We have already delivered an ambitious set of reforms to make it easier for firms to list and stay on UK markets, and capital markets are a core pillar of the Financial Services Growth and Competitiveness Strategy, launched at Mansion House.
The UK is a hub for growth capital, with UK growth markets providing funding to growing companies from across the world. Over the last 10 years, over half of all capital raised on European growth markets was raised on AIM.
The government maintains a range of targeted tax reliefs for growth market shares, supporting capital raising for quoted companies, and investors in those shares. This supports growth in the broader UK economy.
Collectively these measures support companies access investment across their life cycle, alongside supporting access to government contracts and talent. We will monitor and evaluate the impact of these measures.
Asked by: Neil Duncan-Jordan (Labour - Poole)
Question to the HM Treasury:
To ask the Chancellor of the Exchequer, what assessment she has made of the effectiveness of the Loan Charge and HMRC’s approach to dealing with so-called disguised remuneration schemes.
Answered by Dan Tomlinson - Exchequer Secretary (HM Treasury)
I refer the Hon. Member to the answer I gave on 9 February 2026 to UIN 109841.
Asked by: Neil Duncan-Jordan (Labour - Poole)
Question to the HM Treasury:
To ask the Chancellor of the Exchequer, how many outstanding Loan Charge cases will be settled as a result of the McCann Review.
Answered by Dan Tomlinson - Exchequer Secretary (HM Treasury)
I refer the Hon. Member to the answer I gave on 9 February 2026 to UIN 109841.