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  • 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 2016-01-05.

    To ask Mr Chancellor of the Exchequer, what steps are being taken to ensure the maximum number of people meet the 31 January 2016 deadline for providing their tax returns.

    Mr David Gauke

    The vast majority of Self Assessment customers complete their returns on time (92% last year).

    This year, HM Revenue and Customs (HMRC) is sending millions of targeted emails and texts to remind customers to submit their return by 31 January, for instance to customers who missed the deadline last year or those who are new to Self Assessment. Alongside this, HMRC is running a national marketing campaign to remind customers of the 31 January deadline. Support is available to those who need it as HMRC is putting hundreds of extra people on its helplines during this very busy period, and has introduced new support channels like webchat and online video guidance.

  • 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 2016-01-05.

    To ask Mr Chancellor of the Exchequer, if he will discuss with the Financial Conduct Authority the effect of the savings products offered by providers with almost zero interest rates on people with savings.

    Harriett Baldwin

    In January 2015, the Financial Conduct Authority (FCA) published its Cash Savings Market Study report, which found that competition in the cash savings market was not working well for many consumers. In response, the FCA has consulted on and will subsequently be introducing new rules from 1 December 2016 designed to improve competition by encouraging easier and quicker switching and improving the information savers receive.

    These new rules will require firms to provide key information in a product summary box at point of sale and to be clear on what interest rate consumers are getting. The FCA will also introduce a new rule which requires firms to provide a prompt and efficient service so that a customer can switch to a better account offered by the same firm.

  • John Mann – 2016 Parliamentary Question to the HM Treasury

    John Mann – 2016 Parliamentary Question to the HM Treasury

    The below Parliamentary question was asked by John Mann on 2016-01-05.

    To ask Mr Chancellor of the Exchequer, if he will place in the Library the report recently concluded by the Financial Conduct Authority on retail investment advice.

    Harriett Baldwin

    HM Treasury has no knowledge of a recent report concluded by the FCA on retail investment advice. If the Honourable Member is referring to the recent Financial Advice Market Review, which was a joint initiative by HM Treasury and the Financial Conduct Authority (FCA) launched in August 2015, this review has not yet concluded.

    The Treasury will lay before Parliament any FCA reports or other documents which the Financial Services and Markets Act 2000 requires to be laid before Parliament.

  • Rebecca Long Bailey – 2016 Parliamentary Question to the HM Treasury

    Rebecca Long Bailey – 2016 Parliamentary Question to the HM Treasury

    The below Parliamentary question was asked by Rebecca Long Bailey on 2016-01-05.

    To ask Mr Chancellor of the Exchequer, what estimate he has made of the amount that his Department will pay to the Government Property Unit in rent for buildings in 2015-16.

    Harriett Baldwin

    No payments were made to the Government Property Unit for rent during 2015-16 as rent for buildings is instead paid directly to the relevant landlord. We estimate no payments will become due to the Government Property Unit during the remainder of the period.

  • Rebecca Long Bailey – 2016 Parliamentary Question to the HM Treasury

    Rebecca Long Bailey – 2016 Parliamentary Question to the HM Treasury

    The below Parliamentary question was asked by Rebecca Long Bailey on 2016-01-05.

    To ask Mr Chancellor of the Exchequer, what the annual running cost is of the Council of Economic Advisers; and what office space that council is allocated within the government estate.

    Harriett Baldwin

    Members of the Government’s Council of Economic Advisers meet every day to discuss the design and formation of government policy. Details of the Council’s membership and remuneration are available here: https://www.gov.uk/government/publications/special-adviser-data-releases-numbers-and-costs-december-2015. The Council operates from HM Treasury. Running costs cannot be disaggregated from the department’s budget.

    “

  • John Healey – 2016 Parliamentary Question to the Department for Communities and Local Government

    John Healey – 2016 Parliamentary Question to the Department for Communities and Local Government

    The below Parliamentary question was asked by John Healey on 2016-01-05.

    To ask the Secretary of State for Communities and Local Government, what the expected investment spending on housing by central government will be between 2016-17 and 2020-21.

    Brandon Lewis

    Spending Review 2015 prioritised housing by doubling the housing budget from 2018-19 to deliver at least 400,000 new affordable homes. It sets out the most ambitious plan since the 1970s to build homes that support working people in their aim to buy their own home.

    Taken together the capital programme, loan schemes, Help to Buy and other measures amount to over £20 billion investment in housing over the Spending Review period.

    The detailed list of housing programmes for 2016-17 to 2020-21 is outlined in the five point Housing plan in the Spending Review 2015 document (pp. 40-42).

  • 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 2016-01-05.

    To ask Mr Chancellor of the Exchequer, how many claimants of working tax credit (WTC) had an in-year change of circumstances to their income which required a change to their WTC entitlement in each year since 2009-10; how many such claimants’ entitlements (a) reduced and (b) increased; and what the net change in receipts to the Exchequer was as a result of these adjustments in that period.

    Damian Hinds

    The information requested could only be provided at a disproportionate cost.

  • 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 2016-01-05.

    To ask Mr Chancellor of the Exchequer, what provision his Department has made for public sector employers to pay the (a) national living wage, (b) 3.4 per cent increase in Secondary National Insurance Contributions (NICs) from 2016-17 following the abolition of Contracted Out NICs and (c) Apprenticeship Levy.

    Greg Hands

    It is the responsibility of each Department to ensure they have sufficient funding available to cover any additional costs associated with either the National Living Wage, the 3.4 per cent increase in Secondary National Insurance Contributions (NICs) from 2016-17, or the apprenticeship levy. HM Treasury has only made provision for the costs that it will incur in respect of its own staff as a result of these changes.

  • Bernard Jenkin – 2016 Parliamentary Question to the HM Treasury

    Bernard Jenkin – 2016 Parliamentary Question to the HM Treasury

    The below Parliamentary question was asked by Bernard Jenkin on 2016-01-05.

    To ask Mr Chancellor of the Exchequer, how many staff in his Department are working on matters related to (a) European policy, (b) the future of Europe, (c) reform of the EU, (d) the renegotiation of the UK’s relationship with the EU, (e) the EU referendum and (f) the consequences of the EU referendum; how many full-time equivalent staff are working on such matters; what the (i) staff and (ii) other cost of such work is; what proportion of that work is undertaken by such staff on (A) communications, (B) strategy and (C) policy; whether his Department has established any specific unit or units to deal with those matters; to whom such (1) staff and (2) units report; whether his Department has issued guidelines to staff on those matters; and if he will make a statement.

    Harriett Baldwin

    The Government is fighting hard to fix the aspects of our EU membership that cause so much frustration in Britain – so we get a better deal for Britain and secure our future. Departments are appropriately resourced to support the Government’s priorities in Europe, including the renegotiation and referendum.

  • Jim Shannon – 2016 Parliamentary Question to the HM Treasury

    Jim Shannon – 2016 Parliamentary Question to the HM Treasury

    The below Parliamentary question was asked by Jim Shannon on 2016-01-05.

    To ask Mr Chancellor of the Exchequer, what discussions he has had with organisations representing self-employed people on the potential effect on such people of implementing quarterly tax returns from 2020.

    Mr David Gauke

    The Government has no plans to introduce quarterly tax returns for business. The Government is introducing simple, secure and personalised digital tax accounts, removing the need for annual tax returns. Updating HM Revenue and Customs (HMRC) through software or apps will deliver a light-touch process, much less burdensome and time-consuming than it is today.

    The Government will consult on the details of these proposals throughout 2016 and will publish a Tax Information and Impact Note (TIIN) in the usual way. This will include an estimate of the impacts on business. The Government routinely publish TIINs for tax policy changes when the policy detail for those changes is finalised or near-finalised.

    HMRC has discussed these reforms with a range of professional bodies and advisory groups representing small businesses and the self-employed. HMRC has also engaged extensively with a range of professional bodies and other stakeholders representing the accountancy profession.

    On 14 December 2015, HMRC set out details of its plans at its annual stakeholder conference, which was attended by a large number of different organisations representing small businesses.