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  • Cathy Jamieson – 2014 Parliamentary Question to the HM Treasury

    Cathy Jamieson – 2014 Parliamentary Question to the HM Treasury

    The below Parliamentary question was asked by Cathy Jamieson on 2014-06-18.

    To ask Mr Chancellor of the Exchequer, when he expects to publish the results of the consultations on bail-in order for building societies; and if he will make a statement.

    Andrea Leadsom

    The Government is currently analysing the responses to the consultation on bail-in secondary legislation. Once this review is completed, the Government will publish a summary of the responses and indicate how it plans to proceed.

  • Gregory Campbell – 2014 Parliamentary Question to the HM Treasury

    Gregory Campbell – 2014 Parliamentary Question to the HM Treasury

    The below Parliamentary question was asked by Gregory Campbell on 2014-06-18.

    To ask Mr Chancellor of the Exchequer, what steps his Department takes to ensure that delegated legislation brought forward by his Department is consistent with EU Directives.

    Nicky Morgan

    In 2010 this Government committed to ensuring the effective implementation of EU legislation so that British businesses are not put at a disadvantage relative to their European competitors.

    This Department follows the Government’s Guiding Principles for EU legislation, which can be found at the following link:

    https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/185626/bis-13-774-guiding-principles-for-eu-legislation.pdf

    HM Treasury is committed to ensuring that no unnecessary legislative burdens are placed on UK businesses when transposing EU law.

  • Gregory Campbell – 2014 Parliamentary Question to the HM Treasury

    Gregory Campbell – 2014 Parliamentary Question to the HM Treasury

    The below Parliamentary question was asked by Gregory Campbell on 2014-06-18.

    To ask Mr Chancellor of the Exchequer, what change there was in the numbers of taxpayers in Northern Ireland who had employment income in the last four years for which figures are available.

    Mr David Gauke

    Estimates for the number of taxpayers in Northern Ireland with income from employment are published in HMRC’s National Statistics Table 3.11 which is available at the following internet address for 2010/11 to 2011/12:

    https://www.gov.uk/government/publications/income-and-tax-by-gender-region-and-country-2010-to-2011

    Table 3.11 for 2009/10 and earlier can be found in the internet address below from the National Archives website:

    http://webarchive.nationalarchives.gov.uk/20120609145917/http://hmrc.gov.uk/stats/income_distribution/menu-by-year.htm#311

    These estimates are based on the Survey of Personal Incomes for which 2011-12 is the latest year available. Figures for 2008/09 are not currently available.

  • Charlie Elphicke – 2014 Parliamentary Question to the HM Treasury

    Charlie Elphicke – 2014 Parliamentary Question to the HM Treasury

    The below Parliamentary question was asked by Charlie Elphicke on 2014-06-18.

    To ask Mr Chancellor of the Exchequer, if he will make it his policy that public sector organisations should not be allowed to be associated with tax avoidance schemes.

    Mr David Gauke

    ‘Managing Public Money’, is published by HM Treasury and provides advice and guidance to central government on the use of public funds. It confirms that public sector organisations should not engage in tax evasion, or tax avoidance.

  • Lucy Powell – 2014 Parliamentary Question to the HM Treasury

    Lucy Powell – 2014 Parliamentary Question to the HM Treasury

    The below Parliamentary question was asked by Lucy Powell on 2014-06-18.

    To ask Mr Chancellor of the Exchequer, what guidance he has given on the role of employers in supporting the uptake and delivery of employer-supported childcare.

    Nicky Morgan

    HM Revenue & Customs has published extensive guidance to help employers run successful childcare schemes, including the Employer Helpbook E18 ‘How you can help your employees with childcare’.

  • Lucy Powell – 2014 Parliamentary Question to the HM Treasury

    Lucy Powell – 2014 Parliamentary Question to the HM Treasury

    The below Parliamentary question was asked by Lucy Powell on 2014-06-18.

    To ask Mr Chancellor of the Exchequer, what steps the Government is taking to ensure that childcare providers receive payments from National Savings and Investments on time.

    Nicky Morgan

    On the 23 May the Government published a further consultation on the delivery of childcare accounts within Tax-Free Childcare. The consultation will be open until 27 June and the Government will consider the responses alongside those to the first consultation before it makes its decision on the provision of childcare accounts.

  • Lucy Powell – 2014 Parliamentary Question to the HM Treasury

    Lucy Powell – 2014 Parliamentary Question to the HM Treasury

    The below Parliamentary question was asked by Lucy Powell on 2014-06-18.

    To ask Mr Chancellor of the Exchequer, what additional burdens the impact assessment identified for childcare providers operating tax-free childcare scheme.

    Nicky Morgan

    Information on burdens for childcare providers associated with the introduction of Tax-Free Childcare can be found in the Impact Assessment: https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/318698/document2014-06-10-104244-1.pdf

  • Duncan Hames – 2014 Parliamentary Question to the HM Treasury

    Duncan Hames – 2014 Parliamentary Question to the HM Treasury

    The below Parliamentary question was asked by Duncan Hames on 2014-06-18.

    To ask Mr Chancellor of the Exchequer, what revenues have been received under the bank levy in each year since its introduction.

    Andrea Leadsom

    The bank levy, a permanent tax on banks’ balance sheet equity and liabilities, was introduced by this Government from 1 January 2011.

    It raised £1.6bn in both 2011-12 and 2012-13.

    Following a number of increases to the headline rate, the OBR now forecast it to raise £2.3bn in 2013-14, £2.7bn in 2014-15 and £2.9bn a year from 2015-16.

  • Valerie Vaz – 2014 Parliamentary Question to the HM Treasury

    Valerie Vaz – 2014 Parliamentary Question to the HM Treasury

    The below Parliamentary question was asked by Valerie Vaz on 2014-06-18.

    To ask Mr Chancellor of the Exchequer, how many telephone lines with the prefix (a) 0845, (b) 0844 and (c) 0843 his Department (i) operates and (ii) sponsors; how many calls each such number has received in the last 12 months; and whether alternative numbers charged at BT local rates are available in each such case.

    Andrea Leadsom

    HM Treasury do not use 0845, 0844 or 0830 telephone numbers.

  • Cathy Jamieson – 2014 Parliamentary Question to the HM Treasury

    Cathy Jamieson – 2014 Parliamentary Question to the HM Treasury

    The below Parliamentary question was asked by Cathy Jamieson on 2014-06-18.

    To ask Mr Chancellor of the Exchequer, pursuant to the Answer of 11 June 2014, Official Report, column 160W, on venture capital, what steps he has taken to support crowdfunding and peer-to-peer (a) lending to and (b) investment in small businesses; and if he will assess the value of such forms of finance to the small and medium-size sector.

    Andrea Leadsom

    Crowdfunding and peer to peer lending are innovative new forms of finance that support competition in the business lending sector.

    The Government has taken a number of steps to support their growth, including bringing peer to peer lending within the scope of the Financial Conduct Authority (FCA), and announcing that the range of products that can be held in stocks and shares ISAs will be expanded to include loans made through peer to peer platforms.

    The Government also operates two tax-advantaged venture capital schemes which are used by equity crowdfunding investors; the Seed Enterprise Investment Scheme (SEIS) and the Enterprise Investment Scheme (EIS).

    The Government has not made any assessment of the value of investment in small and medium sized businesses from peer to peer lending and crowdfunding platforms.