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  • Kelvin Hopkins – 2016 Parliamentary Question to the HM Treasury

    Kelvin Hopkins – 2016 Parliamentary Question to the HM Treasury

    The below Parliamentary question was asked by Kelvin Hopkins on 2016-03-16.

    To ask Mr Chancellor of the Exchequer, how many companies have applied for the lower rate of corporation tax under Patent Box.

    Mr David Gauke

    Due to companies being able to make a Patent Box election up to two years after the relevant accounting period, we will not be able to get full figures for the first year of the Patent Box until April 2016. The following figures are therefore projections.

    The estimated amounts of Patent Box relief can be found at the link below;

    https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/487119/Dec15_expenditure_reliefs_Final.xlsx.pdf

    About 480 companies made Patent Box relief elections for the first year 2013-14 alone.

    “

  • Kelvin Hopkins – 2016 Parliamentary Question to the HM Treasury

    Kelvin Hopkins – 2016 Parliamentary Question to the HM Treasury

    The below Parliamentary question was asked by Kelvin Hopkins on 2016-03-16.

    To ask Mr Chancellor of the Exchequer, with reference to the Supreme Court’s judgment in UBS AG & Anor v Revenue and Customs [2016] UKSC 13 (9 March 2016), what steps his Department has taken against Deloitte for designing and marketing the tax avoidance scheme rejected by the court.

    Mr David Gauke

    It is not possible for HM Revenue and Customs (HMRC) to provide details of any action taken in connection with these organisations.

    In the March 2015 Budget, the Government challenged the accountancy and tax professional bodies to improve how they deal with their members who promote tax avoidance schemes.

    The professional bodies have responded positively to this challenge and are working with HMRC to agree a new standard to which their members will need to adhere.

  • Kelvin Hopkins – 2016 Parliamentary Question to the HM Treasury

    Kelvin Hopkins – 2016 Parliamentary Question to the HM Treasury

    The below Parliamentary question was asked by Kelvin Hopkins on 2016-03-16.

    To ask Mr Chancellor of the Exchequer, with reference to the judgment in Stagecoach Group PLC & Anor v Revenue and Customs [2016] UKFTT 120 (tc) (10 February 2016), what steps his Department has taken against KPMG for designing and marketing the tax avoidance scheme rejected by the court.

    Mr David Gauke

    It is not possible for HM Revenue and Customs (HMRC) to provide details of any action taken in connection with these organisations.

    In the March 2015 Budget, the Government challenged the accountancy and tax professional bodies to improve how they deal with their members who promote tax avoidance schemes.

    The professional bodies have responded positively to this challenge and are working with HMRC to agree a new standard to which their members will need to adhere.

  • Alison Thewliss – 2016 Parliamentary Question to the HM Treasury

    Alison Thewliss – 2016 Parliamentary Question to the HM Treasury

    The below Parliamentary question was asked by Alison Thewliss on 2016-03-16.

    To ask Mr Chancellor of the Exchequer, who was involved in the process to select which charities would receive funding from the Tampon Tax Fund.

    Mr David Gauke

    ‘Showcase’ bids were identified, with the help of departmental expertise, that were innovative, in line with the aims of government policy, and likely to provide strong value for money. The bids selected represent a range of different initiatives to benefit women across the whole of the UK.

    Additionally, in recognition of the very high level of interest received, the government has also allocated funding to the Women’s Fund for Scotland, Comic Relief and Rosa who have specialist experience in this area, to disburse funding to a range of grassroots women’s organisations. These funds mean further awards will be made to a high number of charities in this sector.

  • Alison Thewliss – 2016 Parliamentary Question to the HM Treasury

    Alison Thewliss – 2016 Parliamentary Question to the HM Treasury

    The below Parliamentary question was asked by Alison Thewliss on 2016-03-16.

    To ask Mr Chancellor of the Exchequer, with reference to paragraph 1.144 of the Spending Review and Autumn Statement 2015 and to paragraph 2.16 of the Budget 2016, for what reason only £12 million of the £15 million annual fund has been committed.

    Mr David Gauke

    As announced at Autumn Statement 2015, the Tampon Tax Fund is a £15 million annual fund to support women’s charities, equivalent to the amount of VAT raised on sanitary products. The Chancellor announced initial donations at Autumn Statement totalling £5m. Further grants totalling £12 million have been announced at this Budget.

    The Government has introduced legislation in the Finance Bill to enable the zero rate of VAT for women’s sanitary products.

  • Alison Thewliss – 2016 Parliamentary Question to the HM Treasury

    Alison Thewliss – 2016 Parliamentary Question to the HM Treasury

    The below Parliamentary question was asked by Alison Thewliss on 2016-03-16.

    To ask Mr Chancellor of the Exchequer, what criteria is applied when determining which charities should receive funding from the Tampon Tax Fund.

    Mr David Gauke

    ‘Showcase’ bids were identified, with the help of departmental expertise, that were innovative, in line with the aims of government policy, and likely to provide strong value for money.

    Additionally, in recognition of the very high level of interest received, the government has also allocated funding to the Women’s Fund for Scotland, Comic Relief and Rosa who have specialist experience in this area, to disburse funding to a range of grassroots women’s organisations. These funds mean further awards will be made to a high number of charities in this sector.

  • Adam Afriyie – 2016 Parliamentary Question to the HM Treasury

    Adam Afriyie – 2016 Parliamentary Question to the HM Treasury

    The below Parliamentary question was asked by Adam Afriyie on 2016-03-16.

    To ask Mr Chancellor of the Exchequer, what the UK’s net financial contribution to the EU budget (a) was in 2006 and (b) is in 2015-16.

    Mr David Gauke

    The UK’s net contribution to the EU in 2006, including rebate and total receipts from the EU, can be found in the tables appended in the EU’s Financial Report 2014:

    ec.europa.eu/budget/library/biblio/documents/2014/Internet%20tables%202000-2014.xls

    No comparable figure can be provided for 2015-16 as outturn data will only become available later in the year.

  • Martyn Day – 2016 Parliamentary Question to the HM Treasury

    Martyn Day – 2016 Parliamentary Question to the HM Treasury

    The below Parliamentary question was asked by Martyn Day on 2016-03-16.

    To ask Mr Chancellor of the Exchequer, what assessment he has made of the potential effect of the proposed merger between the London Stock Exchange and Deutsche Börse on London’s role as a global financial centre.

    Harriett Baldwin

    The government is aware of the announcement by the London Stock Exchange Group and Deutsche Boerse that they have reached agreement on a merger of equals. This is a commercial transaction and subject to regulatory and other relevant approvals. The Government will not be commenting at this stage.

  • Jim Cunningham – 2016 Parliamentary Question to the HM Treasury

    Jim Cunningham – 2016 Parliamentary Question to the HM Treasury

    The below Parliamentary question was asked by Jim Cunningham on 2016-03-16.

    To ask Mr Chancellor of the Exchequer, what assessment his Department has made of the effect of immigration on the level of economic productivity over the last 10 years; and if he will make a statement.

    Greg Hands

    As noted in the 2012 report by the Migration Advisory Committee the empirical literature suggests that the impact of migration on productivity may be mixed and heavily dependent on the type of migrant coming to the UK. Migrants may increase productivity either through a simple ‘batting average’ effect if they work in higher productivity roles relative to the average for non-migrants, or through increasing the productivity of UK workers through greater specialisation and knowledge transfer.

  • David Mackintosh – 2016 Parliamentary Question to the Department for Communities and Local Government

    David Mackintosh – 2016 Parliamentary Question to the Department for Communities and Local Government

    The below Parliamentary question was asked by David Mackintosh on 2016-03-16.

    To ask the Secretary of State for Communities and Local Government, what proportion of rough sleepers has mental health issues; and what plans he has to address that issue.

    Mr Marcus Jones

    No one should ever have to sleep rough. That is why we have increased our central investment for homelessness to £139 million over the next four years, and protected homelessness prevention funding to local authorities, totalling £315 million.

    We know sleeping rough is rarely the result of a personal housing crisis alone and that the most entrenched rough sleepers often have complex needs, including mental health difficulties or addiction. That is why we are investing £10 million in an innovative new national Social impact Bonds Fund to help address these complex needs in order to help entrenched rough sleepers move off the streets. Through my Ministerial Working Group on Homelessness, I am working with ministerial colleagues across government including the Department of Health, to develop actions to address these underlying causes of homelessness.