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  • Andrew Rosindell – 2015 Parliamentary Question to the HM Treasury

    Andrew Rosindell – 2015 Parliamentary Question to the HM Treasury

    The below Parliamentary question was asked by Andrew Rosindell on 2015-10-21.

    To ask Mr Chancellor of the Exchequer, what discussions he has had with (a) his ministerial colleagues and (b) external organisations on the future of the mortgage guarantee scheme of the Help to Buy policy; and if he will make a statement.

    Harriett Baldwin

    The Government is committed to addressing the affordability of housing and making the aspiration of home ownership a reality for as many households as possible. At Budget 2014, the Help to Buy: equity loan scheme was extended to 2020 and the Government also intends to support younger buyers through delivering 200,000 Starter Homes by 2020, to be sold at a 20% discount for first time buyers under 40. These measures will also be supported by the launch of a Help to Buy: ISA through which the Government will top up mortgage deposit savings for first time buyers by 25% up to a maximum of £3,000.

    Treasury Ministers and officials have meetings with a wide variety of organisations in the public and private sectors as part of the process of policy development and delivery. Details of ministerial and permanent secretary meetings with external organisations on departmental business are published on a quarterly basis and are available at: http://www.hm-treasury.gov.uk/minister_hospitality.htm

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  • Andrew Rosindell – 2015 Parliamentary Question to the HM Treasury

    Andrew Rosindell – 2015 Parliamentary Question to the HM Treasury

    The below Parliamentary question was asked by Andrew Rosindell on 2015-10-21.

    To ask Mr Chancellor of the Exchequer, what support he plans to provide to home-buyers after the end of the mortgage guarantee scheme in 2016.

    Harriett Baldwin

    The Government is committed to addressing the affordability of housing and making the aspiration of home ownership a reality for as many households as possible. At Budget 2014, the Help to Buy: equity loan scheme was extended to 2020 and the Government also intends to support younger buyers through delivering 200,000 Starter Homes by 2020, to be sold at a 20% discount for first time buyers under 40. These measures will also be supported by the launch of a Help to Buy: ISA through which the Government will top up mortgage deposit savings for first time buyers by 25% up to a maximum of £3,000.

    Treasury Ministers and officials have meetings with a wide variety of organisations in the public and private sectors as part of the process of policy development and delivery. Details of ministerial and permanent secretary meetings with external organisations on departmental business are published on a quarterly basis and are available at: http://www.hm-treasury.gov.uk/minister_hospitality.htm

    “

  • Colleen Fletcher – 2015 Parliamentary Question to the HM Treasury

    Colleen Fletcher – 2015 Parliamentary Question to the HM Treasury

    The below Parliamentary question was asked by Colleen Fletcher on 2015-10-21.

    To ask Mr Chancellor of the Exchequer, what representations he has received on insurers signing customers up to future auto-renewals without the option to opt out.

    Harriett Baldwin

    Treasury Ministers and officials receive representations and have meetings with a wide variety of organisations in the public and private sectors as part of the process of policy development and delivery.

    As has been the practice adopted by previous Administrations it is not Government policy to normally release details of such meetings.

  • Colleen Fletcher – 2015 Parliamentary Question to the HM Treasury

    Colleen Fletcher – 2015 Parliamentary Question to the HM Treasury

    The below Parliamentary question was asked by Colleen Fletcher on 2015-10-21.

    To ask Mr Chancellor of the Exchequer, what representations he has received on insurers not giving details of no claims bonuses to customers in their renewal notice.

    Harriett Baldwin

    Treasury Ministers and officials receive representations and have meetings with a wide variety of organisations in the public and private sectors as part of the process of policy development and delivery.

    As has been the practice adopted by previous Administrations it is not Government policy to normally release details of such meetings.

  • Stephen Timms – 2015 Parliamentary Question to the HM Treasury

    Stephen Timms – 2015 Parliamentary Question to the HM Treasury

    The below Parliamentary question was asked by Stephen Timms on 2015-10-21.

    To ask Mr Chancellor of the Exchequer, what estimate he has made of the effect of reductions in tax credits on levels of housing benefit paid out in 2016-17.

    Damian Hinds

    The impact of all the government’s policies on housing benefit is accounted for in the housing benefit forecast, which has been certified by the OBR.

  • Stephen Timms – 2015 Parliamentary Question to the HM Treasury

    Stephen Timms – 2015 Parliamentary Question to the HM Treasury

    The below Parliamentary question was asked by Stephen Timms on 2015-10-21.

    To ask Mr Chancellor of the Exchequer, what estimate he has made of the likely change to levels of child poverty resulting from reductions in tax credits in 2015-16.

    Damian Hinds

    The Government is making changes to Tax Credits which will help put welfare spending on a more sustainable path. The Government wants to move from a low wage, high tax, high welfare society to a higher wage, lower tax, lower welfare society.

    We know that work is the best route out of poverty. The intended impact of these reforms is to incentivise work, ensure work always pays, and then allow people to keep more of what they earn.

  • Stuart McDonald – 2015 Parliamentary Question to the HM Treasury

    Stuart McDonald – 2015 Parliamentary Question to the HM Treasury

    The below Parliamentary question was asked by Stuart McDonald on 2015-10-21.

    To ask Mr Chancellor of the Exchequer, pursuant to the Answer of 25 June 2015 to Questions 3601 and 3602, if he will make an assessment of the potential economic effect on Cumbernauld of moving the HM Revenue and Customs office there elsewhere, as proposed in Building our Future – Continuing the Conversation, published in May 2015.

    Mr David Gauke

    As part of the on-going thinking for the future and planning to move to regional centres, HM Revenue & Customs (HMRC) has been looking at each region across the country in turn, taking into account local economic issues, business requirements, impact on current workforce and location principles.

  • Tom Elliott – 2015 Parliamentary Question to the HM Treasury

    Tom Elliott – 2015 Parliamentary Question to the HM Treasury

    The below Parliamentary question was asked by Tom Elliott on 2015-10-21.

    To ask Mr Chancellor of the Exchequer, what steps he is taking to ensure that every region and constituent part of the UK benefits from money raised from Libor fines.

    Greg Hands

    In the last two financial years HM Treasury has received £1.3bn in LIBOR and FX banks fines. All LIBOR penalties received in this time period have been allocated to military or other uniformed charities. All foreign exchange penalties received in this time period have been allocated to create a fund for advanced care in GP practices and community healthcare facilities.

    Each bid for charitable funding from Libor fines is considered on its individual merits and with a clear intention that awards should benefit the widest range of military charities and good causes across the whole of the United Kingdom.

    Awards of Libor funds are usually made at the Autumn Statement or the Budget.

  • Tom Elliott – 2015 Parliamentary Question to the HM Treasury

    Tom Elliott – 2015 Parliamentary Question to the HM Treasury

    The below Parliamentary question was asked by Tom Elliott on 2015-10-21.

    To ask Mr Chancellor of the Exchequer, how much of the funding raised from Libor fines has been distributed to charitable projects and good causes in each region and constituent part of the UK.

    Greg Hands

    In the last two financial years HM Treasury has received £1.3bn in LIBOR and FX banks fines. All LIBOR penalties received in this time period have been allocated to military or other uniformed charities. All foreign exchange penalties received in this time period have been allocated to create a fund for advanced care in GP practices and community healthcare facilities.

    Each bid for charitable funding from Libor fines is considered on its individual merits and with a clear intention that awards should benefit the widest range of military charities and good causes across the whole of the United Kingdom.

    Awards of Libor funds are usually made at the Autumn Statement or the Budget.

  • George Kerevan – 2015 Parliamentary Question to the Department for Business, Innovation and Skills

    George Kerevan – 2015 Parliamentary Question to the Department for Business, Innovation and Skills

    The below Parliamentary question was asked by George Kerevan on 2015-10-21.

    To ask the Secretary of State for Business, Innovation and Skills, if he will bring forward proposals to assist SMEs with higher labour costs by 2020 under the National Living Wage.

    Nick Boles

    The Government is reducing Corporation Tax to 19% from 2017-18 and then to 18% from 2020-21; setting the Annual Investment Allowance at a new permanent level of £200,000; and increasing the Employment Allowance by £1,000 to £3,000 from 2016-17. The increase in the employment allowance means a business could employ four people on the National Living Wage and pay no National Insurance Contributions.