United Kingdom · Question · Written question
UIN 38471
Directors: Pay
Original
Introduced
21 April 2020
Last action
1 May 2020 · Answer
Status
Answered
Sponsors
—
Subjects
Discovery layer
Source updated
1 May 2020
Summary
To ask the Chancellor of the Exchequer, what assessment he has made of the potential merits of extending Government support schemes in response to the covid-19 outbreak to include company directors who pay themselves through dividends.
This text is taken from the official record. PoliticalRepo does not editorialize.
Timeline
21 April 2020
Written question
To ask the Chancellor of the Exchequer, what assessment he has made of the potential merits of extending Government support schemes in response to the covid-19 outbreak to include company directors who pay themselves through dividends.
Source: Commons
1 May 2020
Answer
Income from dividends is a return on investment in the company, rather than wages, and is not eligible for support through the Self-Employment Income Support Scheme or Coronavirus Job Retention Scheme (CJRS). Under current reporting mechanisms it is not p...
Source: Written answer
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Sponsors
- · Treasury · Answering body
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Sources
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- Official source: https://questions-statements.parliament.uk/written-questions/detail/2020-04-21/38471
- Open data entity: https://questions-statements-api.parliament.uk/api/writtenquestions/questions/1189031
- uk · wq-1189031 · source updated 1 May 2020