Business of the House

Tessa Munt Excerpts

Thursday 18th June 2026 Commons Chamber

[Sir Alan Campbell]

My hon. Friend is a doughty fighter for her constituency, and I share her support for and appreciation of the work of the coastguard service. She will have heard my response to the right hon. Member for Orkney and Shetland (Mr Carmichael) and the offer I extended to him. A Transport Minister has said that they will meet concerned MPs, and I extend that offer to my hon. Friend. Should she seek a Westminster Hall debate or an Adjournment debate, I am sure it would be well attended, because this matter will affect a number of constituencies.

[Tessa Munt (Wells and Mendip Hills) (LD)]

May I raise the matter of repayments of overpaid corporation tax identified by His Majesty’s Revenue and Customs after a company has been dissolved? Businesses in my part of Somerset have had repayments, but they are not able to cash them; it is their money, but the business no longer exists, so effectively the cheque cannot be paid in, and the account has quite rightly been closed. Will the Leader of the House encourage the Chancellor to assess the current processes, including the transfer of such funds to the bona vacantia division, so that former shareholders of solvent but dissolved companies can recover funds in a way that is successful? That is particularly the case for small businesses.

[Sir Alan Campbell]

I draw to the attention of the hon. Lady the fact that it is Treasury questions next week. She might want to raise this issue then, but I will also draw her remarks to the attention of Treasury Ministers and see if one of them can provide an update.