House of Commons · Public Bill Committee
- Sitting 2
04 June 2020
Proposed by Jesse Norman Con Hereford and South Herefordshire
Summarised by AI from the official record, so it can contain mistakes.
At a glance
Key points
- MP Jesse Norman addressed concerns about the impact of tax disputes on individuals and families.
- Revenue and Customs committed to not forcing individuals to sell their main home or declare bankruptcy, except in unusual circumstances.
- Principles were established to ensure no more than half of someone's disposable income goes towards settling a tax dispute.
Issue summary
The MP is addressing concerns about the impact of tax disputes on individuals and families.
Action requested
Revenue and Customs has committed to not forcing people to sell their main home or declare bankruptcy, except in unusual circumstances. They will adhere to principles that no more than half of someone’s disposable income should go towards settling a tax dispute. Settlement processes include basic time periods for different income levels: five years for those earning under £30,000 and seven years for those earning over £30,000.
Key facts
- Revenue and Customs will not force people to sell their main home or declare bankruptcy except in unusual circumstances.
- No more than half of someone’s disposable income should go towards settling a tax dispute.
- Settlement process time periods: five years for those earning under £30,000; seven years for those earning over £30,000.