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  • Tulip Siddiq – 2016 Parliamentary Question to the HM Treasury

    Tulip Siddiq – 2016 Parliamentary Question to the HM Treasury

    The below Parliamentary question was asked by Tulip Siddiq on 2016-05-18.

    To ask Mr Chancellor of the Exchequer, with reference to the Answer of 11 March 2016 to Question 30254, what penalty and enforcement options are currently available to the Financial Conduct Authority if financial institutions fail to meet their obligations in relation to Politically Exposed Persons.

    Harriett Baldwin

    This is an operational matter for the Financial Conduct Authority (FCA), who are operationally independent from Government.

    The question has been passed on to the FCA. The FCA will reply directly to the honourable member by letter. A copy of the letter will be placed in the Library of the House.

  • Tulip Siddiq – 2016 Parliamentary Question to the HM Treasury

    Tulip Siddiq – 2016 Parliamentary Question to the HM Treasury

    The below Parliamentary question was asked by Tulip Siddiq on 2016-05-18.

    To ask Mr Chancellor of the Exchequer, with reference to the Autumn Statement of 25 November 2015, Official Report, column 1361, if he will place in the Library an itemised breakdown of to which HM Revenue and Customs’ projects and programmes he has allocated the additional £800 million announced in that statement.

    Mr David Gauke

    Autumn Statement 2015 referenced £800 million allocated to HM Revenue and Customs at Summer Budget 2015 to tackle evasion and non-compliance.

    The £800 million will fund the following projects:

    • Tax Credit Debt Recovery

    • Criminal Investigations

    • Wealthy: enhanced compliance

    • Tackling the hidden economy

    • Additional Compliance Resource: local compliance

    • Tackling illicit tobacco and alcohol

    • Large Business: enhanced compliance

    • Specialist Personal Tax: enhanced compliance

  • Tulip Siddiq – 2016 Parliamentary Question to the HM Treasury

    Tulip Siddiq – 2016 Parliamentary Question to the HM Treasury

    The below Parliamentary question was asked by Tulip Siddiq on 2016-05-18.

    To ask Mr Chancellor of the Exchequer, with reference to the contribution of the Financial Secretary to the Treasury on 13 April 2016, Official Report, column 374, how many (a) cases of offshore tax evasion were investigated by HM Revenue and Customs (HMRC) and (b) individuals were subject to criminal investigation for offshore tax evasion by HMRC in each year since 2009-10.

    Mr David Gauke

    HM Revenue and Customs (HMRC) undertakes a broad range of civil compliance activity to tackle offshore tax evasion. No definitive year by year assessment of the total number of HMRC investigations applying civil sanctions is recorded. Over 1,100 cases of offshore evasion are currently under investigation, with more than 90 individuals currently being investigated for offshore offences.

  • Kirsten Oswald – 2016 Parliamentary Question to the HM Treasury

    Kirsten Oswald – 2016 Parliamentary Question to the HM Treasury

    The below Parliamentary question was asked by Kirsten Oswald on 2016-05-18.

    To ask Mr Chancellor of the Exchequer, on how many occasions the Financial Conduct Authority has reported fraudulent activity in the financial services sector to the police or prosecuting authorities in the last five years.

    Harriett Baldwin

    The issues raised are a matter for the Financial Conduct Authority (FCA) who are operationally independent from Government.

    These questions have been passed on to the FCA. The FCA will reply directly to the honourable member by letter. A copy of the letter will be placed in the Library of the House.

  • Ian Paisley – 2016 Parliamentary Question to the HM Treasury

    Ian Paisley – 2016 Parliamentary Question to the HM Treasury

    The below Parliamentary question was asked by Ian Paisley on 2016-05-18.

    To ask Mr Chancellor of the Exchequer, whether the Government’s policy on the soft drinks levy will lead to a higher rate of tax per volume of product levied on some soft drinks than on some non-spirit alcoholic beverages.

    Damian Hinds

    The tax rates for the Soft Drinks Industry Levy have not yet been set. The levy will not capture drinks with an alcoholic content above 0.5% ABV, which cannot be purchased by children.

  • Ian Paisley – 2016 Parliamentary Question to the HM Treasury

    Ian Paisley – 2016 Parliamentary Question to the HM Treasury

    The below Parliamentary question was asked by Ian Paisley on 2016-05-18.

    To ask Mr Chancellor of the Exchequer, whether the aim of the Government’s policy on the new soft drinks levy is to persuade manufacturers to stop selling the regular full sugar versions of their drinks products.

    Damian Hinds

    The aim of the soft drinks industry levy is to help tackle obesity by encouraging producers to reformulate their overall product mixes by reducing added sugar content, helping their customers to choose low-sugar and sugar-free brands, and by reducing the portion sizes for high sugar drinks.

  • Ian Paisley – 2016 Parliamentary Question to the HM Treasury

    Ian Paisley – 2016 Parliamentary Question to the HM Treasury

    The below Parliamentary question was asked by Ian Paisley on 2016-05-18.

    To ask Mr Chancellor of the Exchequer, if he will estimate the potential effect of the introduction of the soft drinks industry levy on the cost of the average weekly shop in real terms in each year to 2018-19.

    Damian Hinds

    The tax rates for the Soft Drinks Industry Levy have not yet been set. The levy has been designed to encourage producers to reformulate their overall product mixes, and it is up to the industry how they respond to it. For example, if producers reformulate, they will pay less.

  • Ian Paisley – 2016 Parliamentary Question to the HM Treasury

    Ian Paisley – 2016 Parliamentary Question to the HM Treasury

    The below Parliamentary question was asked by Ian Paisley on 2016-05-18.

    To ask Mr Chancellor of the Exchequer, at what threshold importers of soft drinks from outside the UK would be liable for the soft drinks industry levy.

    Damian Hinds

    As the Chancellor announced at Budget, the levy will not be charged to the smallest operators. We will consult on the most appropriate mechanism for achieving this.

  • Rachel Reeves – 2016 Parliamentary Question to the Department for Communities and Local Government

    Rachel Reeves – 2016 Parliamentary Question to the Department for Communities and Local Government

    The below Parliamentary question was asked by Rachel Reeves on 2016-05-18.

    To ask the Secretary of State for Communities and Local Government, what discussions he has had with local enterprise partnerships in Yorkshire about the creation of new enterprise zones.

    James Wharton

    In 2015 we ran a competitive bidding round that provided an opportunity for Local Enterprise Partnerships to submit bids for a new round of Enterprise Zones.

    All Local Enterprise Partnerships within Yorkshire successfully submitted bids for new Zones or extensions to existing ones. We announced two new Enterprise Zones in November, in Leeds and York, and at Budget we announced an extension to the existing Sheffield Enterprise Zone that is subject to local approval.

  • Caroline Ansell – 2016 Parliamentary Question to the HM Treasury

    Caroline Ansell – 2016 Parliamentary Question to the HM Treasury

    The below Parliamentary question was asked by Caroline Ansell on 2016-05-18.

    To ask Mr Chancellor of the Exchequer, who he plans to consult about the soft drinks industry levy; and when that consultation will be launched.

    Damian Hinds

    We will launch a formal consultation covering various aspects of the proposed levy this summer and we are developing the consultation questions now. The consultation will be open to anyone to respond.