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  • Ian Murray – 2015 Parliamentary Question to the HM Treasury

    Ian Murray – 2015 Parliamentary Question to the HM Treasury

    The below Parliamentary question was asked by Ian Murray on 2015-11-10.

    To ask Mr Chancellor of the Exchequer, when he expects to make a decision on City Deals for (a) Edinburgh, (b) Aberdeen and (c) Inverness.

    Greg Hands

    Since announcing the intention at the March Budget to work towards City Deals for Aberdeen and Inverness, the government has received initial proposals for City Deals from partners in Aberdeen, Inverness and also Edinburgh. The Department for Communities and Local Government are working with the Scotland Office to study the proposals in depth, as well as discussing with the Scottish Government to achieve outcomes that benefit both Scotland and the whole of the UK.

  • Craig Mackinlay – 2015 Parliamentary Question to the HM Treasury

    Craig Mackinlay – 2015 Parliamentary Question to the HM Treasury

    The below Parliamentary question was asked by Craig Mackinlay on 2015-11-10.

    To ask Mr Chancellor of the Exchequer, if he will estimate the number of people who will be subject to personal allowance restriction on incomes over £100,000 as a result of Clause 24 of the Finance Bill 2015 (restriction to Landlords’ interest deductibility) in each year between 2017-18 and 2020-21.

    Mr David Gauke

    It is assumed that the questions refer to clause 24 of the Summer 2015 Finance Bill: relief for finance costs related to residential property businesses.

    15897

    The additional taxation receipts arising from restrictions to Landlords’ interest deductibility of the Summer Budget Finance Bill 2015 has been estimated and published in the “Summer Budget 2015: policy costings” page 21:

    https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/443195/Policy_costings_summer_budget_2015.pdf

    15898

    The number of taxpayers who will become higher rate taxpayers as a result of Clause 24 of the plans to restrict finance cost relief for individual landlords will not be estimated. It would only be possible to provide an estimate for the specific years requested at disproportionate cost.

    15899

    The number of taxpayers who will become subject to Personal Allowance restrictions as a result of the plans to restrict finance cost relief for individual landlords will not be estimated. It would only be possible to provide an estimate for the specific years requested at disproportionate cost.

    15895

    No estimate is available of the number of people that will be subject to the provisions of the High Income Child Benefit Tax Charge as a result of Clause 24 of the Finance Bill 2015. The information requested could only be provided at disproportionate cost.

    “

  • Craig Mackinlay – 2015 Parliamentary Question to the HM Treasury

    Craig Mackinlay – 2015 Parliamentary Question to the HM Treasury

    The below Parliamentary question was asked by Craig Mackinlay on 2015-11-10.

    To ask Mr Chancellor of the Exchequer, if he will estimate the annual additional taxation receipts arising from restrictions to Landlords’ interest deductibility from inception of Clause 24 of the Finance Bill 2015 in April 2017 through to its full effects coming into force in 2020-21.

    Mr David Gauke

    It is assumed that the questions refer to clause 24 of the Summer 2015 Finance Bill: relief for finance costs related to residential property businesses.

    15897

    The additional taxation receipts arising from restrictions to Landlords’ interest deductibility of the Summer Budget Finance Bill 2015 has been estimated and published in the “Summer Budget 2015: policy costings” page 21:

    https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/443195/Policy_costings_summer_budget_2015.pdf

    15898

    The number of taxpayers who will become higher rate taxpayers as a result of Clause 24 of the plans to restrict finance cost relief for individual landlords will not be estimated. It would only be possible to provide an estimate for the specific years requested at disproportionate cost.

    15899

    The number of taxpayers who will become subject to Personal Allowance restrictions as a result of the plans to restrict finance cost relief for individual landlords will not be estimated. It would only be possible to provide an estimate for the specific years requested at disproportionate cost.

    15895

    No estimate is available of the number of people that will be subject to the provisions of the High Income Child Benefit Tax Charge as a result of Clause 24 of the Finance Bill 2015. The information requested could only be provided at disproportionate cost.

    “

  • Craig Mackinlay – 2015 Parliamentary Question to the HM Treasury

    Craig Mackinlay – 2015 Parliamentary Question to the HM Treasury

    The below Parliamentary question was asked by Craig Mackinlay on 2015-11-10.

    To ask Mr Chancellor of the Exchequer, if he will estimate the number of people who will become higher rate taxpayers as a result of the provisions of Clause 24 of the Finance Bill 2015 (restriction to Landlords’ interest deductibility) in each year between 2017-18 and 2020-21.

    Mr David Gauke

    It is assumed that the questions refer to clause 24 of the Summer 2015 Finance Bill: relief for finance costs related to residential property businesses.

    15897

    The additional taxation receipts arising from restrictions to Landlords’ interest deductibility of the Summer Budget Finance Bill 2015 has been estimated and published in the “Summer Budget 2015: policy costings” page 21:

    https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/443195/Policy_costings_summer_budget_2015.pdf

    15898

    The number of taxpayers who will become higher rate taxpayers as a result of Clause 24 of the plans to restrict finance cost relief for individual landlords will not be estimated. It would only be possible to provide an estimate for the specific years requested at disproportionate cost.

    15899

    The number of taxpayers who will become subject to Personal Allowance restrictions as a result of the plans to restrict finance cost relief for individual landlords will not be estimated. It would only be possible to provide an estimate for the specific years requested at disproportionate cost.

    15895

    No estimate is available of the number of people that will be subject to the provisions of the High Income Child Benefit Tax Charge as a result of Clause 24 of the Finance Bill 2015. The information requested could only be provided at disproportionate cost.

    “

  • Thangam Debbonaire – 2015 Parliamentary Question to the HM Treasury

    Thangam Debbonaire – 2015 Parliamentary Question to the HM Treasury

    The below Parliamentary question was asked by Thangam Debbonaire on 2015-11-10.

    To ask Mr Chancellor of the Exchequer, what steps the Government is taking to support international efforts to improve tax transparency and accountability.

    Mr David Gauke

    A major focus of the UK’s G8 Presidency was tax transparency and combatting offshore tax evasion. As part of this the UK promoted the development of a new global standard for reciprocal automatic exchange of financial account information in order to effectively tackle the global problem of tax evasion. Due in large part to the UK’s leadership, over 90 countries and jurisdictions have now committed to the new global standard – known as the Common Reporting Standard (CRS) – and will begin automatically exchanging information under the standard by 2017 or 2018. The receipt of large amounts of information on offshore accounts under the CRS will mark a step change in HMRC’s ability to crack down on tax evasion.

    During our G8 Presidency, we also drove forward the international work on country-by-country reporting (CBCR), calling on the OECD to develop a template for CBCR reporting as part of the OECD Base Erosion and Profit Shifting (BEPS) project. The OECD template is aimed at providing tax authorities with information on the global allocation of profits and taxes paid and accrued by multinationals, as well as indicators of economic activity in each country. The UK was one of the first countries to commit to implementing the OECD template for CBCR with legislation in the Finance Act 2015.

    The final package of measures developed under the BEPS project was published by the OECD on 5 October 2015, and endorsed by G20 Finance Ministers at their meeting on 8 October and the G20 Leaders at their summit on 15-16 November. The UK welcomes the outcomes of the BEPS project and will give full consideration to the OECD’s recommendations.

    In addition, the UK has actively supported the revision of the Directive on Administrative Cooperation, to ensure the effective exchange of information about cross-border tax rulings between EU Member States. This directive was agreed in October 2015, and will come into force from 1st of January 2017.

  • Grahame Morris – 2015 Parliamentary Question to the HM Treasury

    Grahame Morris – 2015 Parliamentary Question to the HM Treasury

    The below Parliamentary question was asked by Grahame Morris on 2015-11-10.

    To ask Mr Chancellor of the Exchequer, what assessment he has made of the effect of fiscal support for the offshore oil and gas sector on (a) employment and (b) pay rates in that sector since 2010-11.

    Damian Hinds

    The government is committed to maximising the benefits of the UK’s oil and gas resources for the UK economy – the oil and gas industry is the UK’s largest industrial investor, supporting hundreds of thousands of jobs, supplying a large portion of the UK’s primary energy needs and making a significant contribution to GDP.

    The government has taken action as part of our plan to reform the fiscal regime to make it an attractive destination for investment and safeguard the long-term future of this vital national asset. In the March Budget, the government announced a £1.3 billion package of measures which are expected to deliver over £4 billion of additional investment, supporting jobs and supply chain opportunities, and increase production by 15% by 2019-20, the equivalent of 0.1% of GDP.

  • Toby Perkins – 2015 Parliamentary Question to the HM Treasury

    Toby Perkins – 2015 Parliamentary Question to the HM Treasury

    The below Parliamentary question was asked by Toby Perkins on 2015-11-10.

    To ask Mr Chancellor of the Exchequer, what the budget was for staff answering calls to tax offices in each year since 2007-08.

    Mr David Gauke

    HM Revenue and Customs does not hold this information, owing to the fact that resource is now moved flexibly within the organisation to deliver customer service.

  • Toby Perkins – 2015 Parliamentary Question to the HM Treasury

    Toby Perkins – 2015 Parliamentary Question to the HM Treasury

    The below Parliamentary question was asked by Toby Perkins on 2015-11-10.

    To ask Mr Chancellor of the Exchequer, what the staff budget for HM Revenue and Customs was in each year since 1997-98.

    Mr David Gauke

    Budgets for staff are set internally in HM Revenue and Customs (HMRC), however information relating to actual staff expenditure for HMRC is available from their Report and Accounts.Please note that the staff expenditure up to 2010-11 include amounts for those staff who moved to UK Border Agency.

  • Toby Perkins – 2015 Parliamentary Question to the HM Treasury

    Toby Perkins – 2015 Parliamentary Question to the HM Treasury

    The below Parliamentary question was asked by Toby Perkins on 2015-11-10.

    To ask Mr Chancellor of the Exchequer, what steps the Government plans to take in response to the Sixth Report of the Public Accounts Committee, HM Revenue and Customs performance in 2014-15, HC 393.

    Mr David Gauke

    HM Revenue and Customs (HMRC) recognise that their customer service has not been good enough, and have taken major steps to improve. This includes recruiting 3,000 new staff into customer service roles, available outside normal office hours when many of their customers choose to call.

    These steps have started to make a difference. This month, HMRC have answered more than 80% of calls, and average queue times are now around 10 minutes.

  • Peter Kyle – 2015 Parliamentary Question to the Department for Communities and Local Government

    Peter Kyle – 2015 Parliamentary Question to the Department for Communities and Local Government

    The below Parliamentary question was asked by Peter Kyle on 2015-11-10.

    To ask the Secretary of State for Communities and Local Government, what estimate he has made of the number of small firms likely to be affected by the expiry of the Small Business Rate Relief scheme at the end of March 2016.

    Mr Marcus Jones

    The Government is continuing to consider representations, which included business rates reliefs, to inform decisions on reform of the business rates system. The Government has confirmed the review will conclude by the end of the year.