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  • Jonathan Edwards – 2016 Parliamentary Question to the HM Treasury

    Jonathan Edwards – 2016 Parliamentary Question to the HM Treasury

    The below Parliamentary question was asked by Jonathan Edwards on 2016-02-22.

    To ask Mr Chancellor of the Exchequer, what assessment he has made of what the most appropriate fiscal framework mechanism would be to accompany the devolution of income tax powers of Wales.

    Greg Hands

    The Autumn Statement announced that the Government will legislate to remove the need for a referendum to introduce Welsh Rates of Income Tax. The Government has been clear that it will amend the draft Wales Bill to do this.

    The programme of fiscal reform has been designed for a purpose: to empower the Welsh Government with further tools and levers to deliver more growth and be more accountable to the people of Wales by raising more of the money they spend.

    We will continue to discuss the implementation of Welsh Rates of Income Tax – including the financial arrangements – with a range of interested stakeholders, including the Welsh Government.

  • Jonathan Edwards – 2016 Parliamentary Question to the HM Treasury

    Jonathan Edwards – 2016 Parliamentary Question to the HM Treasury

    The below Parliamentary question was asked by Jonathan Edwards on 2016-02-22.

    To ask Mr Chancellor of the Exchequer, what representations he has received from the Welsh Government on the fiscal framework to accompany the devolution of income tax powers to Wales.

    Greg Hands

    The Autumn Statement announced that the Government will legislate to remove the need for a referendum to introduce Welsh Rates of Income Tax. The Government has been clear that it will amend the draft Wales Bill to do this.

    The programme of fiscal reform has been designed for a purpose: to empower the Welsh Government with further tools and levers to deliver more growth and be more accountable to the people of Wales by raising more of the money they spend.

    We will continue to discuss the implementation of Welsh Rates of Income Tax – including the financial arrangements – with a range of interested stakeholders, including the Welsh Government.

  • Helen Goodman – 2016 Parliamentary Question to the HM Treasury

    Helen Goodman – 2016 Parliamentary Question to the HM Treasury

    The below Parliamentary question was asked by Helen Goodman on 2016-02-22.

    To ask Mr Chancellor of the Exchequer, what (a) discussions he has had with and (b) representations he has received from (i) businesses, (ii) members of the public and (iii) other stakeholders on new double taxation treaties since 2010.

    Mr David Gauke

    HM Treasury and HM Revenue and Customs officials receive representations from, and undertake discussions on an ongoing basis with a variety of stakeholders, including companies, representative bodies, other government departments and NGOs.

    These representations and discussions inform the programme of tax treaty negotiations that are approved by Ministers and published at https://www.gov.uk/government/publications/double-taxation-agreements-developments-and-planned-negotiations.

  • Carolyn Harris – 2016 Parliamentary Question to the HM Treasury

    Carolyn Harris – 2016 Parliamentary Question to the HM Treasury

    The below Parliamentary question was asked by Carolyn Harris on 2016-02-22.

    To ask Mr Chancellor of the Exchequer, what assessment his Department has made of the economic impact of fixed odds betting terminals; and if he will make a statement.

    Damian Hinds

    HM Treasury has not carried out any assessment of the overall economic impact of gaming machines. The Gambling Commission regularly publishes a range of statistics relating to the gambling industry.

  • Jonathan Edwards – 2016 Parliamentary Question to the HM Treasury

    Jonathan Edwards – 2016 Parliamentary Question to the HM Treasury

    The below Parliamentary question was asked by Jonathan Edwards on 2016-02-22.

    To ask Mr Chancellor of the Exchequer, what representations he has received from the Welsh Government on the specific deduction method to accompany the devolution of income tax powers to Wales.

    Greg Hands

    The Autumn Statement announced that the Government will legislate to remove the need for a referendum to introduce Welsh Rates of Income Tax. The Government has been clear that it will amend the draft Wales Bill to do this.

    The programme of fiscal reform has been designed for a purpose: to empower the Welsh Government with further tools and levers to deliver more growth and be more accountable to the people of Wales by raising more of the money they spend.

    We will continue to discuss the implementation of Welsh Rates of Income Tax – including the financial arrangements – with a range of interested stakeholders, including the Welsh Government.

  • Gregory Campbell – 2016 Parliamentary Question to the HM Treasury

    Gregory Campbell – 2016 Parliamentary Question to the HM Treasury

    The below Parliamentary question was asked by Gregory Campbell on 2016-02-22.

    To ask Mr Chancellor of the Exchequer, whether public sector net debt is forecast to fall in the next financial year.

    Harriett Baldwin

    The Office for Budget Responsibility (OBR) produce the forecast for public sector net debt. Based on the OBR’s November 2015 ‘Economic and fiscal outlook’, public sector net debt is expected to fall as a share of GDP in every year of the forecast period.

  • Ronnie Cowan – 2016 Parliamentary Question to the HM Treasury

    Ronnie Cowan – 2016 Parliamentary Question to the HM Treasury

    The below Parliamentary question was asked by Ronnie Cowan on 2016-02-22.

    To ask Mr Chancellor of the Exchequer, how many tax credit claims have been (a) identified as potentially fraudulent and (b) reviewed by Concentrix in each local authority area.

    Mr David Gauke

    The information requested is not available.

  • Steve Rotheram – 2016 Parliamentary Question to the HM Treasury

    Steve Rotheram – 2016 Parliamentary Question to the HM Treasury

    The below Parliamentary question was asked by Steve Rotheram on 2016-02-22.

    To ask Mr Chancellor of the Exchequer, what assessment he has made of the potential effect on levels of self-employment in the construction industry of his proposed changes to tax relief for travel and subsistence.

    Mr David Gauke

    The changes to tax relief for travel and subsistence only affect those who work through an employment intermediary. The Government’s assessment of the effects of the measure can be found in the Tax Information and Impact Note:

    https://www.gov.uk/government/publications/income-tax-employment-intermediaries-and-relief-for-travel-and-subsistence/income-tax-employment-intermediaries-and-relief-for-travel-and-subsistence

    Further assessment can be found in the summary of responses to the consultation document published on this change: https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/483389/Employment_Intermediaries_and_Tax_Relief_for_Travel_and_Subsistence_-_Summary_of_Responses__M7057_.pdf

    “

  • Carolyn Harris – 2016 Parliamentary Question to the HM Treasury

    Carolyn Harris – 2016 Parliamentary Question to the HM Treasury

    The below Parliamentary question was asked by Carolyn Harris on 2016-02-22.

    To ask Mr Chancellor of the Exchequer, when he plans to consult on the transposition of the fourth anti-money-laundering directive.

    Harriett Baldwin

    In June 2015, the fourth EU Anti-Money Laundering Directive (‘the Directive) was formally adopted. Member States have up until June 2017 to transpose the Directives requirements, into national law.

    With regards to the Government’s plans to consult on the transposition of the Directive, it intends to do so by early spring, with consultation running for a full 12 weeks. The consultation will cover areas where the Directive has given us options or direction on how we transpose its provisions, as well as areas where we can improve the UK’s anti-money laundering and counter financing of terrorism (AML/CFT) regime.

    By undertaking this work, we are further ensuring that our anti-money laundering and counter-financing of terrorism regime is robust and sufficiently responsive to emerging threats.

  • Neil Coyle – 2016 Parliamentary Question to the HM Treasury

    Neil Coyle – 2016 Parliamentary Question to the HM Treasury

    The below Parliamentary question was asked by Neil Coyle on 2016-02-22.

    To ask Mr Chancellor of the Exchequer, what steps he plans to take to reduce domestic rent prices in London.

    Greg Hands

    The Government believes that the key to improving affordability in domestic rents is to increase the supply of homes. That is why the Government has taken measures to attract billions of pounds of investment to build homes specifically for private rent. This includes a £3.5 billion debt guarantee scheme to support the delivery of new homes purpose built for private rent.

    At the Spending Review the Government set out its Five Point Plan for increasing housing supply. This includes plans to deliver 400,000 affordable home starts by 2020/21, including 10,000 Rent to Buy homes; a £2billion fund to provide infrastructure on large housing sites; a £1billion fund to provide loans to SME builders; further reforms to the planning system and the release of public sector land for 160,000 homes.