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  • Sarah Teather – 2014 Parliamentary Question to the HM Treasury

    Sarah Teather – 2014 Parliamentary Question to the HM Treasury

    The below Parliamentary question was asked by Sarah Teather on 2014-04-08.

    To ask Mr Chancellor of the Exchequer, what discussions he has had on the regeneration of the Brent Cross area with (a) Brent Council and (b) resident groups in Brent.

    Danny Alexander

    The Government has committed to working with the London Borough of Barnet to look at their proposals for the regeneration of Brent Cross. It is a matter for Barnet Council to discuss their plans with relevant stakeholders including Brent Council.

  • John Redwood – 2014 Parliamentary Question to the HM Treasury

    John Redwood – 2014 Parliamentary Question to the HM Treasury

    The below Parliamentary question was asked by John Redwood on 2014-04-08.

    To ask Mr Chancellor of the Exchequer, what the reasons are for the difference in the most recent forecast capital gains tax revenue for 2013-14 and the forecast made in Budget 2013.

    Mr David Gauke

    The details of the forecasts are set out in the Office for Budget Responsibility’s Economic and Fiscal Outlook publications. The Office for Budget Responsibility was created in 2010 and provides the authoritative and independent forecasts for the UK’s economy and public finances.

    http://budgetresponsibility.org.uk/category/publications/

    “

  • John Redwood – 2014 Parliamentary Question to the HM Treasury

    John Redwood – 2014 Parliamentary Question to the HM Treasury

    The below Parliamentary question was asked by John Redwood on 2014-04-08.

    To ask Mr Chancellor of the Exchequer, what the effect was on revenue from top rate income tax of the reduction of the top rate from 60 per cent to 40 per cent in 1988 in the (a) first year and (b) second year following that reduction.

    Mr David Gauke

    Observed changes in tax receipts following rate changes will reflect a combination of effects of the rate changes and underlying economic and distributional changes.

    One study that analyses these effects is set out in the Institute Fiscal Studies (IFS) Mirrlees Review, Dimensions of Tax Design. This studied the revenue impacts of tax changes during the 1970s and 1980s, including the rate changes in 1988. It is available at: http://www.ifs.org.uk/mirrleesreview/dimensions/ch2.pdf (see Chapter 2).

    This study was part of the evidence considered by HMRC in the report “The Exchequer effect of the 50 percent additional rate of income tax” published at Budget 2012. The behavioural response estimated in the HMRC report is consistent with a range of academic studies including the results from the IFS.

    The HMRC report is available at; http://www.hmrc.gov.uk/budget2012/excheq-income-tax-2042.pdf

    “

  • John Redwood – 2014 Parliamentary Question to the HM Treasury

    John Redwood – 2014 Parliamentary Question to the HM Treasury

    The below Parliamentary question was asked by John Redwood on 2014-04-08.

    To ask Mr Chancellor of the Exchequer, what the reasons are for forecast capital gains tax revenue in 2013-14 being below that of 2011-12.

    Mr David Gauke

    The details of the forecasts are set out in the Office for Budget Responsibility’s Economic and Fiscal Outlook publications. The Office for Budget Responsibility was created in 2010 and provides the authoritative and independent forecasts for the UK’s economy and public finances.

    http://budgetresponsibility.org.uk/category/publications/

    “

  • John Redwood – 2014 Parliamentary Question to the HM Treasury

    John Redwood – 2014 Parliamentary Question to the HM Treasury

    The below Parliamentary question was asked by John Redwood on 2014-04-08.

    To ask Mr Chancellor of the Exchequer, what the reasons were for the fall in capital gains tax revenue in 2012-13.

    Mr David Gauke

    The details of the forecasts are set out in the Office for Budget Responsibility’s Economic and Fiscal Outlook publications. The Office for Budget Responsibility was created in 2010 and provides the authoritative and independent forecasts for the UK’s economy and public finances.

    http://budgetresponsibility.org.uk/category/publications/

    “

  • Jonathan Edwards – 2014 Parliamentary Question to the HM Treasury

    Jonathan Edwards – 2014 Parliamentary Question to the HM Treasury

    The below Parliamentary question was asked by Jonathan Edwards on 2014-04-08.

    To ask Mr Chancellor of the Exchequer, how many property purchase transactions were made in each UK nation and region by non-UK residents in each of the last five years.

    Mr David Gauke

    Stamp duty land tax (SDLT) is payable by purchasers of UK land or property, whether or not the purchaser is resident in the UK. The rates apply equally to UK and foreign nationals or companies.

    The information requested is not held in the format required and could be provided only at disproportionate cost.

  • 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 2014-04-08.

    To ask Mr Chancellor of the Exchequer, if he will take steps to ensure that discussions are held with any relevant third parties regarding the boundaries of the proposed enterprise zone near Coleraine in relation to proposed private sector developments on adjacent land.

    Danny Alexander

    Designating the boundaries of the pilot Enterprise Zone in Northern Ireland is a matter for the Northern Ireland Executive

  • Mark Williams – 2014 Parliamentary Question to the HM Treasury

    Mark Williams – 2014 Parliamentary Question to the HM Treasury

    The below Parliamentary question was asked by Mark Williams on 2014-04-08.

    To ask Mr Chancellor of the Exchequer, what steps he plans to take to resolve unresolved cases of the mis-selling of mortgage endowment policies.

    Andrea Leadsom

    The Government has not made an estimate of the number of unresolved cases of mis-selling of mortgage endowment policies.

    If a borrower feels the risks were not explained properly to them when they took out an endowment mortgage, in the first instance they should complain to the company through which they bought the product. Customers who then feel that their complaint has not been dealt with satisfactorily are able to refer the matter to the Financial Ombudsman Service (FOS) – an independent body set up to provide arbitration in such cases, which is free for consumers to use.

  • Mark Williams – 2014 Parliamentary Question to the HM Treasury

    Mark Williams – 2014 Parliamentary Question to the HM Treasury

    The below Parliamentary question was asked by Mark Williams on 2014-04-08.

    To ask Mr Chancellor of the Exchequer, what estimate he has made of the number of unresolved cases of mis-selling of mortgage endowment policies.

    Andrea Leadsom

    The Government has not made an estimate of the number of unresolved cases of mis-selling of mortgage endowment policies.

    If a borrower feels the risks were not explained properly to them when they took out an endowment mortgage, in the first instance they should complain to the company through which they bought the product. Customers who then feel that their complaint has not been dealt with satisfactorily are able to refer the matter to the Financial Ombudsman Service (FOS) – an independent body set up to provide arbitration in such cases, which is free for consumers to use.

  • Madeleine Moon – 2014 Parliamentary Question to the HM Treasury

    Madeleine Moon – 2014 Parliamentary Question to the HM Treasury

    The below Parliamentary question was asked by Madeleine Moon on 2014-04-08.

    To ask Mr Chancellor of the Exchequer, whether he has agreed to the Top Level Budget holder in the Ministry of Defence making ex-gratia payments to members of the armed forces wrongly disciplined under AGAI 67 following receipt of a police caution; what estimate he has made of the level of such payments; when such payments are to start; and if he will make a statement.

    Danny Alexander

    The Treasury delegates ex-gratia payments that are not novel or contentious to the Ministry of Defence, below an agreed threshold. The Ministry of Defence (MOD) may then delegate further to Top Level Budget holders with the agreement with Treasury.

    The MOD has not made any ex-gratia payments in response to claims from Armed Forces personnel that they had been wrongly disciplined under AGAI 67 on receipt of a police caution.