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  • Caroline Lucas – 2016 Parliamentary Question to the HM Treasury

    Caroline Lucas – 2016 Parliamentary Question to the HM Treasury

    The below Parliamentary question was asked by Caroline Lucas on 2015-12-16.

    To ask Mr Chancellor of the Exchequer, how many people were (a) prosecuted and (b) convicted for (i) off-shore tax evasion, (ii) in-shore tax evasion, (iii) tax credit fraud, (iv) VAT fraud, (v) smuggling and (vi) other tax-related offences in each financial year since 2010-11.

    Mr David Gauke

    The information is not held in the format requested. HM Revenue and Customs’ centrally held data records the primary reason for the court case. The central data does not separately identify smuggling cases or use the term ‘in-shore evasion’ when recording the number of prosecutions or convictions.

  • Richard Burgon – 2016 Parliamentary Question to the HM Treasury

    Richard Burgon – 2016 Parliamentary Question to the HM Treasury

    The below Parliamentary question was asked by Richard Burgon on 2015-12-16.

    To ask Mr Chancellor of the Exchequer, which organisations in addition to Rothschilds and the Governor of the Bank of England provided him with advice on whether the Government should sell its stake in the Royal Bank of Scotland.

    Harriett Baldwin

    The Government has been consistently clear that its policy in respect of Royal Bank of Scotland (RBS) is to return the bank to the private sector in full. The advice received from Rothschilds and the Governor of the Bank of England relates specifically to the appropriate timing of an initial share sale.

    UK Financial Investments (UKFI) is responsible for the execution of share sales, and advised the Chancellor in August 2015 that it would be appropriate to conduct the first sale of the Government’s shareholding in RBS. On 3 August 2015, UKFI sold approximately 5.4% of the bank via an accelerated bookbuilding process.

  • Richard Burgon – 2016 Parliamentary Question to the HM Treasury

    Richard Burgon – 2016 Parliamentary Question to the HM Treasury

    The below Parliamentary question was asked by Richard Burgon on 2015-12-16.

    To ask Mr Chancellor of the Exchequer, what advice UKFI provided to his Department on when and how to complete a sale of Royal Bank of Scotland shares.

    Harriett Baldwin

    The Government has been consistently clear that its policy in respect of Royal Bank of Scotland (RBS) is to return the bank to the private sector in full. The advice received from Rothschilds and the Governor of the Bank of England relates specifically to the appropriate timing of an initial share sale.

    UK Financial Investments (UKFI) is responsible for the execution of share sales, and advised the Chancellor in August 2015 that it would be appropriate to conduct the first sale of the Government’s shareholding in RBS. On 3 August 2015, UKFI sold approximately 5.4% of the bank via an accelerated bookbuilding process.

  • Clive Lewis – 2016 Parliamentary Question to the HM Treasury

    Clive Lewis – 2016 Parliamentary Question to the HM Treasury

    The below Parliamentary question was asked by Clive Lewis on 2015-12-16.

    To ask Mr Chancellor of the Exchequer, when the contract between HM Revenue and Customs and Concentrix was agreed.

    Mr David Gauke

    Reducing tax credits fraud and error is a top priority for HM Revenue and Customs (HMRC). The contract with Concentrix offers additional capacity to help build on HMRC’s own work, which has reduced tax credits fraud and error to the lowest ever level. Using a private company provides a cost-effective way to reach additional claims that need checking.

    The checks are to ensure that people are paid the correct amount of money to prevent them from getting into debt which they may find difficult to repay and protect losses to taxpayers.

    Concentrix operate under the same powers and processes as HMRC. Concentrix select cases to be checked using information provided by HMRC. Concentrix decide how best to achieve the expected benefits, including the number and type of cases and number of staff employed. HMRC closely monitors their performance.

    The contract uses a payment by results model, which means Concentrix is only paid based on the money it saves the Exchequer as a result of correcting claims that are incorrect. They will not be paid if the decisions they make about claimants’ awards are incorrect.

    The contract was signed on 6 May 2014. The contract was awarded to Synnex-Concentrix UK Ltd in April 2014, following a procurement exercise advertised under the open procedure. Information about the contract value and contract award is already in the public domain.

    https://www.deltaesourcing.com/delta/viewNotice.html?noticeId=97910033

    “

  • Clive Lewis – 2016 Parliamentary Question to the HM Treasury

    Clive Lewis – 2016 Parliamentary Question to the HM Treasury

    The below Parliamentary question was asked by Clive Lewis on 2015-12-16.

    To ask Mr Chancellor of the Exchequer, on what grounds it was decided that compliance checks for tax credit applications would be outsourced to Concentrix.

    Mr David Gauke

    Reducing tax credits fraud and error is a top priority for HM Revenue and Customs (HMRC). The contract with Concentrix offers additional capacity to help build on HMRC’s own work, which has reduced tax credits fraud and error to the lowest ever level. Using a private company provides a cost-effective way to reach additional claims that need checking.

    The checks are to ensure that people are paid the correct amount of money to prevent them from getting into debt which they may find difficult to repay and protect losses to taxpayers.

    Concentrix operate under the same powers and processes as HMRC. Concentrix select cases to be checked using information provided by HMRC. Concentrix decide how best to achieve the expected benefits, including the number and type of cases and number of staff employed. HMRC closely monitors their performance.

    The contract uses a payment by results model, which means Concentrix is only paid based on the money it saves the Exchequer as a result of correcting claims that are incorrect. They will not be paid if the decisions they make about claimants’ awards are incorrect.

    The contract was signed on 6 May 2014. The contract was awarded to Synnex-Concentrix UK Ltd in April 2014, following a procurement exercise advertised under the open procedure. Information about the contract value and contract award is already in the public domain.

    https://www.deltaesourcing.com/delta/viewNotice.html?noticeId=97910033

    “

  • Clive Lewis – 2016 Parliamentary Question to the HM Treasury

    Clive Lewis – 2016 Parliamentary Question to the HM Treasury

    The below Parliamentary question was asked by Clive Lewis on 2015-12-16.

    To ask Mr Chancellor of the Exchequer, what information about applicants for tax credits is available to Concentrix under its contract with HM Revenue and Customs.

    Mr David Gauke

    Reducing tax credits fraud and error is a top priority for HM Revenue and Customs (HMRC). The contract with Concentrix offers additional capacity to help build on HMRC’s own work, which has reduced tax credits fraud and error to the lowest ever level. Using a private company provides a cost-effective way to reach additional claims that need checking.

    The checks are to ensure that people are paid the correct amount of money to prevent them from getting into debt which they may find difficult to repay and protect losses to taxpayers.

    Concentrix operate under the same powers and processes as HMRC. Concentrix select cases to be checked using information provided by HMRC. Concentrix decide how best to achieve the expected benefits, including the number and type of cases and number of staff employed. HMRC closely monitors their performance.

    The contract uses a payment by results model, which means Concentrix is only paid based on the money it saves the Exchequer as a result of correcting claims that are incorrect. They will not be paid if the decisions they make about claimants’ awards are incorrect.

    The contract was signed on 6 May 2014. The contract was awarded to Synnex-Concentrix UK Ltd in April 2014, following a procurement exercise advertised under the open procedure. Information about the contract value and contract award is already in the public domain.

    https://www.deltaesourcing.com/delta/viewNotice.html?noticeId=97910033

    “

  • Clive Lewis – 2016 Parliamentary Question to the HM Treasury

    Clive Lewis – 2016 Parliamentary Question to the HM Treasury

    The below Parliamentary question was asked by Clive Lewis on 2015-12-16.

    To ask Mr Chancellor of the Exchequer, whether the contract between HM Revenue and Customs and Concentrix on compliance checks for tax credits includes (a) the number of checks to be carried out, (b) the number of staff and (c) types of enforcement action.

    Mr David Gauke

    Reducing tax credits fraud and error is a top priority for HM Revenue and Customs (HMRC). The contract with Concentrix offers additional capacity to help build on HMRC’s own work, which has reduced tax credits fraud and error to the lowest ever level. Using a private company provides a cost-effective way to reach additional claims that need checking.

    The checks are to ensure that people are paid the correct amount of money to prevent them from getting into debt which they may find difficult to repay and protect losses to taxpayers.

    Concentrix operate under the same powers and processes as HMRC. Concentrix select cases to be checked using information provided by HMRC. Concentrix decide how best to achieve the expected benefits, including the number and type of cases and number of staff employed. HMRC closely monitors their performance.

    The contract uses a payment by results model, which means Concentrix is only paid based on the money it saves the Exchequer as a result of correcting claims that are incorrect. They will not be paid if the decisions they make about claimants’ awards are incorrect.

    The contract was signed on 6 May 2014. The contract was awarded to Synnex-Concentrix UK Ltd in April 2014, following a procurement exercise advertised under the open procedure. Information about the contract value and contract award is already in the public domain.

    https://www.deltaesourcing.com/delta/viewNotice.html?noticeId=97910033

    “

  • Clive Lewis – 2016 Parliamentary Question to the HM Treasury

    Clive Lewis – 2016 Parliamentary Question to the HM Treasury

    The below Parliamentary question was asked by Clive Lewis on 2015-12-16.

    To ask Mr Chancellor of the Exchequer, whether the contract between HM Revenue and Customs and Concentrix on compliance checks for tax credits includes payments by results.

    Mr David Gauke

    Reducing tax credits fraud and error is a top priority for HM Revenue and Customs (HMRC). The contract with Concentrix offers additional capacity to help build on HMRC’s own work, which has reduced tax credits fraud and error to the lowest ever level. Using a private company provides a cost-effective way to reach additional claims that need checking.

    The checks are to ensure that people are paid the correct amount of money to prevent them from getting into debt which they may find difficult to repay and protect losses to taxpayers.

    Concentrix operate under the same powers and processes as HMRC. Concentrix select cases to be checked using information provided by HMRC. Concentrix decide how best to achieve the expected benefits, including the number and type of cases and number of staff employed. HMRC closely monitors their performance.

    The contract uses a payment by results model, which means Concentrix is only paid based on the money it saves the Exchequer as a result of correcting claims that are incorrect. They will not be paid if the decisions they make about claimants’ awards are incorrect.

    The contract was signed on 6 May 2014. The contract was awarded to Synnex-Concentrix UK Ltd in April 2014, following a procurement exercise advertised under the open procedure. Information about the contract value and contract award is already in the public domain.

    https://www.deltaesourcing.com/delta/viewNotice.html?noticeId=97910033

    “

  • Patrick Grady – 2016 Parliamentary Question to the HM Treasury

    Patrick Grady – 2016 Parliamentary Question to the HM Treasury

    The below Parliamentary question was asked by Patrick Grady on 2015-12-16.

    To ask Mr Chancellor of the Exchequer, what discussions he has had with (a) UK Financial Investments and (b) Royal Bank of Scotland about the effects of decisions by the bank’s Global Restructuring Group on (i) small businesses and (ii) the economy of the UK.

    Harriett Baldwin

    The Government is aware of the reports published by Sir Andrew Large and, separately, by Dr Lawrence Tomlinson into Royal Bank of Scotland (RBS)’s treatment of customers and businesses in financial difficulty.

    The Financial Conduct Authority (FCA) has appointed Promontory Financial Group and Mazars to independently review the allegations in the reports against RBS’s practices. If the findings from the review reveal issues which come within the FCA’s remit, the FCA will consider further regulatory measures.

    The Government’s shareholding in RBS is managed at arm’s length from HM Treasury by UK Financial Investments (UKFI). However, UKFI’s role is to manage the investment, not the bank. Commercial affairs remain the responsibility of the bank’s independent management team.

    RBS is making progress to deal decisively with the problems of the past, which will allow it to become a simpler, safer and more focused bank that works for the UK economy. Under the leadership of Ross McEwan RBS has made good progress in becoming a simpler, safer and more focused bank that works for the UK economy.

  • Patrick Grady – 2016 Parliamentary Question to the HM Treasury

    Patrick Grady – 2016 Parliamentary Question to the HM Treasury

    The below Parliamentary question was asked by Patrick Grady on 2015-12-16.

    To ask Mr Chancellor of the Exchequer, what representations he has received about the work of Royal Bank of Scotland’s Global Restructuring Group.

    Harriett Baldwin

    The Government is aware of the reports published by Sir Andrew Large and, separately, by Dr Lawrence Tomlinson into Royal Bank of Scotland (RBS)’s treatment of customers and businesses in financial difficulty.

    The Financial Conduct Authority (FCA) has appointed Promontory Financial Group and Mazars to independently review the allegations in the reports against RBS’s practices. If the findings from the review reveal issues which come within the FCA’s remit, the FCA will consider further regulatory measures.

    The Government’s shareholding in RBS is managed at arm’s length from HM Treasury by UK Financial Investments (UKFI). However, UKFI’s role is to manage the investment, not the bank. Commercial affairs remain the responsibility of the bank’s independent management team.

    RBS is making progress to deal decisively with the problems of the past, which will allow it to become a simpler, safer and more focused bank that works for the UK economy. Under the leadership of Ross McEwan RBS has made good progress in becoming a simpler, safer and more focused bank that works for the UK economy.