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United Kingdom · Question · Written question

UIN 40532

Small Businesses: Coronavirus

Original

answeredUnited Kingdom· UK Parliament· EN

Introduced

27 April 2020

Last action

5 May 2020 · Answer

Status

Answered

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Subjects

Discovery layer

Source updated

5 May 2020

Summary

To ask the Chancellor of the Exchequer, what steps the Government is taking to support small business owners that receive their income primarily through dividend payments rather than salary.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

  1. 27 April 2020

    Written question

    To ask the Chancellor of the Exchequer, what steps the Government is taking to support small business owners that receive their income primarily through dividend payments rather than salary.

    Source: Commons

  2. 5 May 2020

    Answer

    HMRC are not able to distinguish between dividends derived from an individual’s own company and dividends from other sources, so do not have a clear mechanism through which to support dividend income from an individual’s own company, without also supporti...

    Source: Written answer

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