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  • Simon Kirby – 2014 Parliamentary Question to the HM Treasury

    Simon Kirby – 2014 Parliamentary Question to the HM Treasury

    The below Parliamentary question was asked by Simon Kirby on 2014-04-09.

    To ask Mr Chancellor of the Exchequer, what steps he has taken to reduce taxation on small businesses; and if he will make a statement.

    Mr David Gauke

    The Government is committed to make the UK the best place in Europe to start, finance and grow a business and has focused a number of measures specifically on small businesses.

    These include a £2,000 Employment Allowance available from April 2014 to support small businesses aspiring to hire their first employee or expand their workforce; and, as set out in the Autumn Statement 2013, a £1bn package of business rates measures, 90% of which is going to businesses occupying small premises. The Government is also increasing the payable R&D tax credit for loss-making SMEs from 11 per cent to 14.5 per cent from April 2014, providing particular support for early-stage companies and start-ups, who face the greatest risks and barriers to R&D investment.

    Fuel costs are also significant for many small businesses so the Government has implemented the longest duty freeze for over 20 years. In total, by 2015-16 a small business with a van will have saved £1,300 and a haulier £21,000.

  • Simon Kirby – 2014 Parliamentary Question to the Cabinet Office

    Simon Kirby – 2014 Parliamentary Question to the Cabinet Office

    The below Parliamentary question was asked by Simon Kirby on 2014-04-09.

    To ask the Minister for the Cabinet Office, what estimate he has made of the number of young people in (a) Brighton, Kemptown constituency and (b) East Sussex who have been unemployed for longer than 12 months in each of the last five years for which figures are available; and if he will make a statement.

    Mr Nick Hurd

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

  • Simon Kirby – 2014 Parliamentary Question to the Cabinet Office

    Simon Kirby – 2014 Parliamentary Question to the Cabinet Office

    The below Parliamentary question was asked by Simon Kirby on 2014-04-09.

    To ask the Minister for the Cabinet Office, what estimate he has made of the number of people of pensionable age in Brighton, Kemptown constituency; and if he will make a statement.

    Mr Nick Hurd

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

  • Jim Cunningham – 2014 Parliamentary Question to the Department for Business, Innovation and Skills

    Jim Cunningham – 2014 Parliamentary Question to the Department for Business, Innovation and Skills

    The below Parliamentary question was asked by Jim Cunningham on 2014-04-09.

    To ask the Secretary of State for Business, Innovation and Skills, pursuant to the Answer of 7 April 2014, Official Report, column 8W, on employee ownership, how many companies have applied to participate in the Shares for Rights Scheme to date.

    Jenny Willott

    The employee shareholder status is a new employment status that is optional for companies and offer and for individuals to take up. There is no requirement for individuals to apply to Government to become an employee shareholder or for companies to register or apply to Government to use it.

    The Government has therefore made no assessment of levels of current or future take-up.

  • Jim Cunningham – 2014 Parliamentary Question to the Department for Business, Innovation and Skills

    Jim Cunningham – 2014 Parliamentary Question to the Department for Business, Innovation and Skills

    The below Parliamentary question was asked by Jim Cunningham on 2014-04-09.

    To ask the Secretary of State for Business, Innovation and Skills, pursuant to the Answer of 7 April 2014, Official Report, column 8W, on employee ownership, what estimate he has made of how many people will apply to be an employee shareholder under the Shares for Rights Scheme.

    Jenny Willott

    The employee shareholder status is a new employment status that is optional for companies and offer and for individuals to take up. There is no requirement for individuals to apply to Government to become an employee shareholder or for companies to register or apply to Government to use it.

    The Government has therefore made no assessment of levels of current or future take-up.

  • Nick Gibb – 2014 Parliamentary Question to the Department for Business, Innovation and Skills

    Nick Gibb – 2014 Parliamentary Question to the Department for Business, Innovation and Skills

    The below Parliamentary question was asked by Nick Gibb on 2014-04-09.

    To ask the Secretary of State for Business, Innovation and Skills, what the student loan default rate is for students and graduates of (a) Bristol, (b) Cambridge, (c) Durham, (d) Exeter, (e) Leeds, (f) Manchester and (g) Oxford Universities.

    Mr David Willetts

    Information on the repayment status of student loans is available in the Student Loans Company (SLC) publication ‘Income Contingent Repayments by Repayment Cohort and Tax Year’, which is availableat the following link: http://www.slc.co.uk/media/589346/slcosp012013.pdf .

    Institution-specific information is not published and can only be provided at disproportionate cost.

    “

  • Adam Afriyie – 2014 Parliamentary Question to the Department for Business, Innovation and Skills

    Adam Afriyie – 2014 Parliamentary Question to the Department for Business, Innovation and Skills

    The below Parliamentary question was asked by Adam Afriyie on 2014-04-09.

    To ask the Secretary of State for Business, Innovation and Skills, what recent steps he has taken to ensure that exporters of intangible goods can access the resources of UK Export Finance.

    Michael Fallon

    UK Export Finance can provide support for intangibles, such as software licenses, where they are provided in connection with goods or services. As far as the supply of intangibles by themselves are concerned, UK Export Finance has initiated a public consultation on proposals to widen its powers under its enabling legislation, the Export and Investment Guarantees Act 1991 (as amended). These proposals include giving UK Export Finance the ability to support exports of intangible goods such as intellectual property rights by themselves. If, having regard to the responses to that consultation, it is deemed to implement these proposals, they will form part of a Bill that will be introduced in the next session of Parliament.

  • Martin Horwood – 2014 Parliamentary Question to the Department for Business, Innovation and Skills

    Martin Horwood – 2014 Parliamentary Question to the Department for Business, Innovation and Skills

    The below Parliamentary question was asked by Martin Horwood on 2014-04-09.

    To ask the Secretary of State for Business, Innovation and Skills, whether the registry of company beneficial ownership information will contain a description of how the beneficial owner exercises control over (a) a company, (b) names of the chain of companies that demonstrate a person is the beneficial owner and (c) any other means by which a person exercises control over a company.

    Jenny Willott

    As outlined in the Government’s response to the Transparency and Trust discussion paper we are continuing to develop how details of the beneficial interest are to be recorded on the company’s register and at Companies House. We intend that this information will allow users of the register to build a meaningful picture of the company’s ownership and control structure.

  • Martin Horwood – 2014 Parliamentary Question to the Department for Business, Innovation and Skills

    Martin Horwood – 2014 Parliamentary Question to the Department for Business, Innovation and Skills

    The below Parliamentary question was asked by Martin Horwood on 2014-04-09.

    To ask the Secretary of State for Business, Innovation and Skills, whether information included in the registry of company beneficial ownership information will be cross-checked against data held by (a) passport authorities, (b) vehicle licensing authorities, (c) electoral registers and (d) other databases.

    Jenny Willott

    Companies House currently undertakes a range of checks across the breadth of documents delivered to them. In 2012-13 over 400,000 documents were rejected because they did not pass these checks.

    We are carefully considering whether any further reform is necessary, whilst ensuring the UK’s company registration regime remains quick, simple and inexpensive. We do not however envisage that this would include cross-checking data against other sources of information.

  • Martin Horwood – 2014 Parliamentary Question to the Department for Business, Innovation and Skills

    Martin Horwood – 2014 Parliamentary Question to the Department for Business, Innovation and Skills

    The below Parliamentary question was asked by Martin Horwood on 2014-04-09.

    To ask the Secretary of State for Business, Innovation and Skills, whether information included in the registry of company beneficial ownership information will be available for free.

    Jenny Willott

    Companies House is a Trading Fund and must recover the costs for the services it provides where there are clear identifiable costs. However, Companies House already provides a lot of company data for free, including company appointments. It is actively working to increase the amount of data available for free and company beneficial ownership information will form part of this ongoing strategy.