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  • Laurence Robertson – 2014 Parliamentary Question to the HM Treasury

    Laurence Robertson – 2014 Parliamentary Question to the HM Treasury

    The below Parliamentary question was asked by Laurence Robertson on 2014-04-28.

    To ask Mr Chancellor of the Exchequer, what recent discussions he has had with banks about the closure of branches; and if he will make a statement.

    Andrea Leadsom

    Treasury Ministers and officials meet with, and receive representations from, a wide range of organisations and individuals in the public and private sector as part of the usual policymaking process. It is not Government practice to provide details of all such representations.

  • David Hanson – 2014 Parliamentary Question to the HM Treasury

    David Hanson – 2014 Parliamentary Question to the HM Treasury

    The below Parliamentary question was asked by David Hanson on 2014-04-28.

    To ask Mr Chancellor of the Exchequer, how much tax relief was provided to buy-to-let residential property investors at the (a) basic income tax marginal rate, (b) higher income tax marginal rate and (c) additional income tax marginal rate in (i) 2010-11, (ii) 2011-12 and (iii) 2012-13.

    Mr David Gauke

    The information is not available. HMRC’s administrative systems do not distinguish between residential and non-residential property businesses nor the nature of rental property businesses such as buy-to-let investors. Moreover property income is grouped with other income in the calculation of tax liabilities, and consequently the amounts of specific deductions effective against each rate of tax is not precisely defined.

  • David Hanson – 2014 Parliamentary Question to the HM Treasury

    David Hanson – 2014 Parliamentary Question to the HM Treasury

    The below Parliamentary question was asked by David Hanson on 2014-04-28.

    To ask Mr Chancellor of the Exchequer, how much of each type of tax relief was provided to buy-to-let residential property investors at the (a) basic income tax marginal rate, (b) higher income tax marginal rate and (c) additional income tax marginal rate in (i) 2010-11, (ii) 2011-12 and (iii) 2012-13.

    Mr David Gauke

    The information is not available. HMRC’s administrative systems do not distinguish between residential and non-residential property businesses nor the nature of rental property businesses such as buy-to-let investors. Moreover property income is grouped with other income in the calculation of tax liabilities, and consequently the amounts of specific deductions effective against each rate of tax is not precisely defined.

  • David Hanson – 2014 Parliamentary Question to the HM Treasury

    David Hanson – 2014 Parliamentary Question to the HM Treasury

    The below Parliamentary question was asked by David Hanson on 2014-04-28.

    To ask Mr Chancellor of the Exchequer, how much tax relief was provided for mortgage interest payments by buy-to-let residential property investors at the (a) basic income tax marginal rate, (b) higher income tax marginal rate and (c) additional income tax marginal rate in (i) 2010-11, (ii) 2011-12 and (iii) 2012-13.

    Mr David Gauke

    The information is not available. HMRC’s administrative systems do not separately identify mortgage interest payments against residential property from other financial costs incurred across all types of property businesses (both residential and non-residential). Moreover property income is grouped with other income in the calculation of tax liabilities, and consequently the amounts of specific deductions effective against each rate of tax is not precisely defined.

  • Jeremy Browne – 2014 Parliamentary Question to the HM Treasury

    Jeremy Browne – 2014 Parliamentary Question to the HM Treasury

    The below Parliamentary question was asked by Jeremy Browne on 2014-04-28.

    To ask Mr Chancellor of the Exchequer, how many Crown Estate houses the Crown Estate plans to sell.

    Nicky Morgan

    The Crown Estate operates commercially at arm’s length from the Treasury. The Crown Estate makes commercial decisions in line with the Crown Estate Act 1961 and does not normally discuss them in detail with the Treasury.

  • Gregory Campbell – 2014 Parliamentary Question to the HM Treasury

    Gregory Campbell – 2014 Parliamentary Question to the HM Treasury

    The below Parliamentary question was asked by Gregory Campbell on 2014-04-28.

    To ask Mr Chancellor of the Exchequer, how much in income tax relief was added to the personal pensions of higher rate taxpayers in 2013-14.

    Mr David Gauke

    Figures for 2013-14 are not yet available.

    The latest available estimates (from 2011-12) of the number of people receiving income tax deductions for their personal pension contributions and the value of deductions by different income levels can be found in Table 3.8 at the following link:

    https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/276037/tables3-1_3-11.pdf

  • Gregory Campbell – 2014 Parliamentary Question to the HM Treasury

    Gregory Campbell – 2014 Parliamentary Question to the HM Treasury

    The below Parliamentary question was asked by Gregory Campbell on 2014-04-28.

    To ask Mr Chancellor of the Exchequer, how much the government of the Irish Republic currently owes the UK; and when he expects the amount outstanding to be repaid in full.

    Nicky Morgan

    In accordance with the Loans to Ireland Act 2010, HM Treasury reports to Parliament every six months including information on the outstanding principal. I refer the hon. Gentleman to the report laid on 28 April 2014 which is also available online, alongside all previous reports submitted by HM Treasury, on the following site:

    https://www.gov.uk/government/collections/bilateral-loan-to-ireland.

  • Gregory Campbell – 2014 Parliamentary Question to the HM Treasury

    Gregory Campbell – 2014 Parliamentary Question to the HM Treasury

    The below Parliamentary question was asked by Gregory Campbell on 2014-04-28.

    To ask Mr Chancellor of the Exchequer, if he will review the level and practice of undeclared costings charged by financial institutions to private investors on open-ended investment trusts and other products.

    Andrea Leadsom

    The Government is aware of the impact that costs can have on investment returns. While there are currently no plans for HM Treasury to undertake a review the Government is working with the Financial Conduct Authority (FCA), which regulates the disclosure of fees and expenses in accordance with existing regulation.

    The FCA has conducted a review on the clarity of fund charges within the current regulatory framework to ensure costs are clearly set out to consumers. It will publish its findings in quarter 2 2014. The FCA has also worked closely with the Treasury to shape future European legislation which will improve the disclosure of fund charges across Europe.

  • Gregory Campbell – 2014 Parliamentary Question to the Cabinet Office

    Gregory Campbell – 2014 Parliamentary Question to the Cabinet Office

    The below Parliamentary question was asked by Gregory Campbell on 2014-04-28.

    To ask the Minister for the Cabinet Office, what the change in the percentage of working age population employed by the public sector was in (a) England, (b) Wales, (c) Scotland and (d) Northern Ireland between 2012 and 2013.

    Mr Nick Hurd

    The information requested falls within the responsibility of the UK Statistics Authority. I have asked the Authority to reply.

  • Roger Godsiff – 2014 Parliamentary Question to the Cabinet Office

    Roger Godsiff – 2014 Parliamentary Question to the Cabinet Office

    The below Parliamentary question was asked by Roger Godsiff on 2014-04-28.

    To ask the Minister for the Cabinet Office, for what reasons his Department requested that government departments review the check-off system for union subscriptions.

    Mr Francis Maude

    The deduction of trade union subscriptions from payroll through check-off is a matter delegated to Departments.

    Departments should keep these arrangements under review to ensure that they are appropriate and meet the needs of a modern workplace, as per section 7.3.3 of the Civil Service management code.