Question follow-through · 6389

Multinational Companies: Taxation

To ask the Chancellor of the Exchequer, what assessment she has made of the potential impact of the proposed reforms to the taxation of foreign branch profits on (a) tax revenues, (b) investment, (c) employment and (d) business activity in the UK oil and

answeredTreasury

About this written question

A written question asks a government minister for information in writing. Parliament publishes the question and any answer.

Answering body
Treasury
Tabled
3 Jun 2026
Target answer date
9 Jun 2026
Answer
9 Jun 2026 · 6 calendar days after tabling

Elapsed calendar days describe the record timeline, not whether Parliament considers an answer on time.

More questions by this MP on Economy and business

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Recorded timeline

  1. 3 Jun 2026

    Question tabled

    To ask the Chancellor of the Exchequer, what assessment she has made of the potential impact of the proposed reforms to the taxation of foreign branch profits on (a) tax revenues, (b) investment, (c) employment and (d) business activity in the UK oil and

  2. 9 Jun 2026

    Target answer date

    Date supplied by the official written-questions record.

  3. 9 Jun 2026

    Answer published

    These reforms will ensure that profit attributable to UK activities is effectively taxed in the UK. They are expected to raise hundreds of millions of pounds per year - helping to fund a package of economic support for households and businesses – while at...

Open official record

Official data retrieved 28 Sept 2026.

Later records

Possible follow-up questions

Strong links require the same MP, department and exact heading. Other same-department questions are shown as unreviewed candidates, not as confirmed follow-ups. No debate link is asserted unless a stable source relationship exists.

Unreviewed candidateSame MP and department; topic relationship is unreviewed

Banking Services

16 Jun 2026 · To ask the Chancellor of the Exchequer, Pursuant to the answer of 9 June 2026 to Questions 6391, 6395 and 6396, how many communities have lost their final bank branch since 2020; and what estimate she has made of the number of communities that currently l

Unreviewed candidateSame MP and department; topic relationship is unreviewed

Banking Hubs

16 Jun 2026 · To ask the Chancellor of the Exchequer, Pursuant to the answer of 9 June 2026 to Questions 6391, 6395 and 6396, what assessment she has made of whether the Government’s commitment to establish 350 banking hubs by the end of this Parliament will be suffici

Unreviewed candidateSame MP and department; topic relationship is unreviewed

Banking Hubs

16 Jun 2026 · To ask the Chancellor of the Exchequer, Pursuant to the answer of 9 June 2026 to Questions 6391, 6395 and 6396, how many requests for banking hubs have been considered by LINK since 2022; how many resulted in (a) a recommendation for a banking hub and (b)

Unreviewed candidateSame MP and department; topic relationship is unreviewed

Banking Hubs

16 Jun 2026 · To ask the Chancellor of the Exchequer, Pursuant to the answer of 9 June 2026 to Questions 6391, 6395 and 6396, what the average time is between a banking hub being announced and the opening of a permanent hub; how many permanent banking hubs have taken l

Unreviewed candidateSame MP and department; topic relationship is unreviewed

Banking Services

16 Jun 2026 · To ask the Chancellor of the Exchequer, Pursuant to the answer of 9 June 2026 to Questions 6391, 6395 and 6396, what evidence of consumer detriment led her Department to commission the independent Review into Access to Banking Services announced on 14 May

Unreviewed candidateSame MP and department; topic relationship is unreviewed

Taxation: Debt Collection

6 Jul 2026 · To ask the Chancellor of the Exchequer, what estimate HM Revenue and Customs has made of (a) the number of individuals expected to be subject to the proposed lower-value debt recovery powers in each of the next five financial years, (b) the average amount

Unreviewed candidateSame MP and department; topic relationship is unreviewed

Individual Savings Accounts

6 Jul 2026 · To ask the Chancellor of the Exchequer, what evidential basis informed the conclusion that the Lifetime ISA was not effective; whether external research, behavioural analysis and consumer testing informed that conclusion; whether an evidence review has be

Unreviewed candidateSame MP and department; topic relationship is unreviewed

Individual Savings Accounts: Reform

6 Jul 2026 · To ask the Chancellor of the Exchequer, what estimate has been made of (a) the number of Lifetime ISA holders expected to be financially better off under the proposed reforms, (b) the number expected to be financially worse off, (c) the regional distribut

Unreviewed candidateSame MP and department; topic relationship is unreviewed

Individual Savings Accounts

6 Jul 2026 · To ask the Chancellor of the Exchequer, what assessment her Department has made of (a) the economic impact of the £450,000 property price cap for first-time buyers' Lifetime ISA and (b) the impact of regional affordability, particularly in London and the

Unreviewed candidateSame MP and department; topic relationship is unreviewed

Business: VAT

6 Jul 2026 · To ask the Chancellor of the Exchequer, what estimate her Department has made of (a) the number of businesses currently unable to pay VAT by Direct Debit, (b) the number of VAT-registered businesses which do not maintain a UK bank account capable of suppo

Unreviewed candidateSame MP and department; topic relationship is unreviewed

Business: PAYE and VAT

6 Jul 2026 · To ask the Chancellor of the Exchequer, what enforcement mechanisms are being considered for businesses that do not pay PAYE and VAT by Direct Debit; whether penalties have been modelled for non-compliance; whether exemptions have been assessed by sector,

Unreviewed candidateSame MP and department; topic relationship is unreviewed

Business: Direct Debits

6 Jul 2026 · To ask the Chancellor of the Exchequer, what assessment has been made of the impact of mandatory Direct Debit payments on (a) businesses without access to mainstream banking services, (b) rural businesses and (c) financially excluded businesses; and wheth