Asked by: Kevin Hollinrake (Conservative - Thirsk and Malton)
Question to the HM Treasury:
To ask the Chancellor of the Exchequer, with reference to the answer of 29 April 2026 to Question 129836 on Advisory Services: Fringe Benefits, whether HMRC has provide informal advice on tax liability on the provision of tax advice.
Answered by Dan Tomlinson - Exchequer Secretary (HM Treasury)
As set out in the answer of 29 April 2026 to Question 129836, the tax treatment of employer‑provided tax advice depends on the specific facts of each case, and HMRC does not have a standalone policy on this. HMRC provides published guidance to help employers apply the legislation but does not provide informal advice on the tax treatment of individual arrangements.
Asked by: Kevin Hollinrake (Conservative - Thirsk and Malton)
Question to the HM Treasury:
To ask the Chancellor of the Exchequer, with reference to the answer of 29 April 2026, to Question 129836, on Advisory Services: Fringe Benefits, and further to the HMRC Employment Income Manual EIM20020, whether HMRC has a specific policy on whether the provision of tax advice is considered a taxable fringe benefit.
Answered by Dan Tomlinson - Exchequer Secretary (HM Treasury)
As set out in the answer of 29 April 2026 to Question 129836, the Employment Income Manual at EIM20020 explains that a benefit is taxable where it is provided by reason of the employment and confers a benefit of any kind on the employee, unless a specific exemption applies. Accordingly, where an employer provides tax advice, the tax treatment of that benefit depends on the specific facts of that case. HMRC does not have a standalone policy on the provision of tax advice as an employment-related benefit.
Asked by: Kevin Hollinrake (Conservative - Thirsk and Malton)
Question to the HM Treasury:
To ask the Chancellor of the Exchequer, what guidance the Financial Conduct Authority provided on cryptocurrency payments to domestic Politically Exposed Persons.
Answered by Rachel Blake - Economic Secretary (HM Treasury)
The Financial Conduct Authority publishes guidance on the requirements of the Money Laundering Regulations (MLRs) with regard to politically exposed persons (PEPs). The MLRs require financial institutions, including FCA registered cryptoasset exchange providers and custodian wallet providers, to apply enhanced customer due diligence measures and enhanced ongoing monitoring to all customers who are PEPs. This includes taking adequate measures to establish the source of wealth and source of funds which are involved in the proposed business relationship or transactions with that person.
Asked by: Kevin Hollinrake (Conservative - Thirsk and Malton)
Question to the HM Treasury:
To ask the Chancellor of the Exchequer, what is the scheduled date for the Chancellor of the Exchequer's tax return to be published by the Government on gov.uk for the 2024-25 tax year.
Answered by Rachel Blake - Economic Secretary (HM Treasury)
Returns will be published in due course.
Asked by: Kevin Hollinrake (Conservative - Thirsk and Malton)
Question to the HM Treasury:
To ask the Chancellor of the Exchequer, with reference to the answer of 29 April 2026, to Question 129861, on Stamp Duty Land Tax: Fines, what is the average amount of time to determine (a) a compliance check and (b) an appeal.
Answered by Dan Tomlinson - Exchequer Secretary (HM Treasury)
There will be many factors that impact the length of time a compliance check remains open, including complexity and whether the customer wishes to appeal HMRC’s decision and enters a dispute resolution process.
Asked by: Kevin Hollinrake (Conservative - Thirsk and Malton)
Question to the HM Treasury:
To ask the Chancellor of the Exchequer, in what circumstances does HMRC suspend a penalty for carelessly paying second homes stamp duty.
Answered by Dan Tomlinson - Exchequer Secretary (HM Treasury)
HMRC’s approach to charging and suspending penalties is set out in its compliance handbook at the links below:
Compliance Handbook “Charging Penalties”
https://www.gov.uk/hmrc-internal-manuals/compliance-handbook/ch400000
Compliance Handbook “Charging Penalties: suspending penalties”
https://www.gov.uk/hmrc-internal-manuals/compliance-handbook/ch405000
Asked by: Kevin Hollinrake (Conservative - Thirsk and Malton)
Question to the HM Treasury:
To ask the Chancellor of the Exchequer, with reference to the answer of 3 March 2026 to Question 114892 on Public Houses: Rural Areas, whether lower drink driving thresholds would constitute a material change of circumstances in relation to the valuation of pubs and restaurants.
Answered by Dan Tomlinson - Exchequer Secretary (HM Treasury)
Drink driving thresholds would not constitute a material change of circumstances (MCC) in relation to the valuation of pubs and restaurants, because such a change in legislation would not meet the requirements set out in the Local Government Finance Act 1988 Schedule 6 para 2 (7) of an MCC.
Asked by: Kevin Hollinrake (Conservative - Thirsk and Malton)
Question to the HM Treasury:
To ask the Chancellor of the Exchequer, what is the average amount of time for HMRC to consider whether to levy a penalty charge against an individual taxpayer for incorrect payment of residential stamp duty.
Answered by Dan Tomlinson - Exchequer Secretary (HM Treasury)
Where HMRC identifies an inaccuracy during a compliance check into a Stamp Duty Land Tax (SDLT) return or claim, it is standard practice to also consider whether a penalty is due.
In the vast majority of cases any penalty will be issued at the conclusion of the compliance check, at the same time as when the tax position is decided.
The length of a compliance check depends on multiple factors such as the technical complexity of the issue and whether a customer appeals a decision. HMRC does not record separately the amount of time within compliance checks spent considering whether penalties are due.
Asked by: Kevin Hollinrake (Conservative - Thirsk and Malton)
Question to the HM Treasury:
To ask the Chancellor of the Exchequer, whether HMRC has issued guidance on whether a donation by an individual taxpayer of a (a) non-cash donation or (b) cryptocurrency to a political party or regulated donee creates a capital gains tax liability for the donor.
Answered by Dan Tomlinson - Exchequer Secretary (HM Treasury)
HMRC provides guidance on how inheritance tax applies to gifts in the Inheritance Tax Manual. Gifts to qualifying political parties are exempt from Inheritance Tax where certain conditions are met. Guidance on this exemption is available here: IHTM11191 - Gifts to political parties: introduction - HMRC internal manual - GOV.UK. There is no Inheritance Tax exemption for gifts to regulated donees.
On capital gains tax, I would refer the Honourable Member to the answers I gave to UIN 129858 and UIN 1344
Asked by: Kevin Hollinrake (Conservative - Thirsk and Malton)
Question to the HM Treasury:
To ask the Chancellor of the Exchequer, whether HMRC has provided guidance on whether (a) political donations and (b) gifts to regulated donees are exempt from inheritance tax.
Answered by Dan Tomlinson - Exchequer Secretary (HM Treasury)
HMRC provides guidance on how inheritance tax applies to gifts in the Inheritance Tax Manual. Gifts to qualifying political parties are exempt from Inheritance Tax where certain conditions are met. Guidance on this exemption is available here: IHTM11191 - Gifts to political parties: introduction - HMRC internal manual - GOV.UK. There is no Inheritance Tax exemption for gifts to regulated donees.
On capital gains tax, I would refer the Honourable Member to the answers I gave to UIN 129858 and UIN 1344