Tag: Seema Malhotra

  • Seema Malhotra – 2016 Parliamentary Question to the HM Treasury

    Seema Malhotra – 2016 Parliamentary Question to the HM Treasury

    The below Parliamentary question was asked by Seema Malhotra on 2016-02-01.

    To ask Mr Chancellor of the Exchequer, how many staff at which grades were involved in the recent investigation into Google’s tax arrangements.

    Mr David Gauke

    HM Revenue and Customs (HMRC) does not disclose details of its work on the affairs of particular taxpayers.

    HMRC’s Large Business directorate now deploys 2,600 staff – over 600 more than when it was formed in April 2014.

  • Seema Malhotra – 2016 Parliamentary Question to the HM Treasury

    Seema Malhotra – 2016 Parliamentary Question to the HM Treasury

    The below Parliamentary question was asked by Seema Malhotra on 2016-03-23.

    To ask Mr Chancellor of the Exchequer, with reference to paragraph 2.228 of Budget 2016, what the timetable is for the restructuring of the Money Advice Service, the Pensions Advisory Service and Pension Wise.

    Harriett Baldwin

    At Budget 2016, the government published its response to the Public Financial Guidance Review and launched a consultation seeking views on the government’s plans to restructure the statutory financial guidance providers – the Money Advice Service, The Pensions Advisory Service and Pension Wise. This paper, which closes on 8 June 2016, sets out a new delivery model for public financial guidance and seeks views on how, within this model, the proposed services could best be offered. The new delivery model is designed to better complement the financial guidance provided by the third sector and the industry and provide more targeted support for consumers.

    The government will consider the responses to this consultation over the summer, and in parallel, work closely with the affected organisations to finalise the delivery structure. A detailed timetable will be set out with the final response, which will be published in the autumn. The government has been clear that the three affected organisations will continue to provide guidance to consumers until at least 2018.

  • Seema Malhotra – 2016 Parliamentary Question to the HM Treasury

    Seema Malhotra – 2016 Parliamentary Question to the HM Treasury

    The below Parliamentary question was asked by Seema Malhotra on 2016-10-11.

    To ask Mr Chancellor of the Exchequer, how much the UK received in funding from the European Investment Bank in the last three years.

    Mr David Gauke

    While the UK remains a full member of the European Union it retains all of the rights, obligations and benefits that membership brings. The long-term relationship between the UK and the EIB will need to be resolved as part of the UK’s withdrawal from the EU.

    The Chancellor of the Exchequer is the UK Governor of the European Investment Bank and continues to fulfil his governance duties. The Chancellor continues to meet his European counterparts on a regular basis to discuss a range of issues.

    The EIB publish all loans made to UK borrowers as well as details on all future projects yet to be financed. Between 2013 and 2015, the UK received €20.7bn in EIB financing. The link below provides full details on EIB lending to the UK.

    http://www.eib.org/projects/regions/european-union/united-kingdom/index.htm

  • Seema Malhotra – 2015 Parliamentary Question to the HM Treasury

    Seema Malhotra – 2015 Parliamentary Question to the HM Treasury

    The below Parliamentary question was asked by Seema Malhotra on 2015-10-30.

    To ask Mr Chancellor of the Exchequer, with reference to the Government’s report, Fixing the Foundations: creating a more prosperous nation, Cm9098, published July 2015, what steps he has taken to increase the quantity and quality of apprenticeships in accordance with that report’s recommendations.

    Greg Hands

    Almost 2.4 million apprenticeship starts were delivered in the last Parliament and we will build on that success and deliver 3 million in this Parliament. We will introduce an apprenticeship levy to increase employer investment in apprenticeships. We are increasing the quality of apprenticeships through more rigorous assessment and grading at the end of the apprenticeship. The Enterprise Bill will protect the term ‘apprenticeship’ in law to prevent misuse. From next April, employers of apprentices under the age of 25 will no longer be required to pay National Insurance contributions for those employees.

  • Seema Malhotra – 2015 Parliamentary Question to the Department for Business, Innovation and Skills

    Seema Malhotra – 2015 Parliamentary Question to the Department for Business, Innovation and Skills

    The below Parliamentary question was asked by Seema Malhotra on 2015-11-09.

    To ask the Secretary of State for Business, Innovation and Skills, what steps the Government is taking to increase the access to finance of small and medium-sized enterprises seeking to export.

    Anna Soubry

    UK Export Finance (UKEF) has established a cadre of Export Finance Advisors based around the UK so exporters can access advice locally where they are seeking finance for export transactions which they are unable to obtain from the private market.

    UKEF offers products to assist SME exporters in such circumstances where the risks are acceptable, including an Export Working Capital Scheme. It is looking to enhance its products using new Statutory powers that came into force earlier in 2015. It is also planning to improve accessibility to those products delivered through banks and simplify documentation, including application forms and associated processes, where appropriate, by digital means, that should help speed-up decision-taking and response times.

    The Government is currently consulting on simplifying the anti-bribery Declarations and Undertakings exporters are required to provide UKEF. UKEF liaises with the British Business Bank to ensure each other’s products are complementary and fill gaps in the provisions of support where this is unavailable from the private market.

  • Seema Malhotra – 2015 Parliamentary Question to the Department for Culture, Media and Sport

    Seema Malhotra – 2015 Parliamentary Question to the Department for Culture, Media and Sport

    The below Parliamentary question was asked by Seema Malhotra on 2015-12-04.

    To ask the Secretary of State for Culture, Media and Sport, which areas of the UK had (a) limited and (b) no mobile coverage in (i) 2010 and (ii) 2015.

    Mr Edward Vaizey

    Following the Government’s landmark agreement with mobile network operators in December 2014 and the 4G licence obligation on Telefonica we expect mobile coverage to improve significantly – with coverage to nearly 98% of UK landmass by 2017.In August 2015 Ofcom published an online interactive map showing areas of mobile coverage in the UK. The map is available at:http://www.ofcom.org.uk/mobile-coverage. No such map exists for coverage in 2010.

  • Seema Malhotra – 2015 Parliamentary Question to the HM Treasury

    Seema Malhotra – 2015 Parliamentary Question to the HM Treasury

    The below Parliamentary question was asked by Seema Malhotra on 2015-12-15.

    To ask Mr Chancellor of the Exchequer, which external organisations have contributed to his Department’s review on business rates.

    Mr David Gauke

    The Government has held a range meetings with stakeholders and received a large number of submissions in response to the business rates review. The review will be fiscally neutral and will report at Budget 2016.

  • Seema Malhotra – 2016 Parliamentary Question to the HM Treasury

    Seema Malhotra – 2016 Parliamentary Question to the HM Treasury

    The below Parliamentary question was asked by Seema Malhotra on 2016-01-06.

    To ask Mr Chancellor of the Exchequer, if he will take steps in the business rates review to make specific provision for the retail industry.

    Mr David Gauke

    The Government is considering the impact of business rates on all business sectors including energy intensive industries, manufacturing industries and the retail industry as part of the business rates review. The review will be fiscally neutral and will report at Budget 2016.

  • Seema Malhotra – 2016 Parliamentary Question to the HM Treasury

    Seema Malhotra – 2016 Parliamentary Question to the HM Treasury

    The below Parliamentary question was asked by Seema Malhotra on 2016-02-01.

    To ask Mr Chancellor of the Exchequer, how many companies have been subject to a diverted profits charge since its introduction.

    Mr David Gauke

    The Diverted Profits Tax is designed to counter contrived tax arrangements used by some multinationals to shift their profits to other countries. It is deliberately set at a higher rate than corporation tax, so it acts as a deterrent and encourages more companies to pay corporation tax.

    To date no companies have been issued with a charging notice under section 95 Finance Act 2015 which brings diverted profits tax into charge. However, HM Revenue and Customs (HMRC) received notifications from eleven companies under section 92 in relation to section 86 Finance Act 2015 over the period 1 April 2015 to 31 December 2015.

    For companies with accounting periods ending on or before 31 March 2016 the notification period is six months from the end of that period. HMRC is not able to disclose details of notifications relating to sections 80 and 81 of the Finance Act 2015 due to its duty to protect taxpayer confidentiality.

  • Seema Malhotra – 2016 Parliamentary Question to the HM Treasury

    Seema Malhotra – 2016 Parliamentary Question to the HM Treasury

    The below Parliamentary question was asked by Seema Malhotra on 2016-03-23.

    To ask Mr Chancellor of the Exchequer, with reference to paragraph 2.228 of Budget 2016, when he expects the new money guidance body to be established.

    Harriett Baldwin

    At Budget 2016, the government published its response to the Public Financial Guidance Review and launched a consultation seeking views on the government’s plans to restructure the statutory financial guidance providers – the Money Advice Service, The Pensions Advisory Service and Pension Wise. This paper, which closes on 8 June 2016, sets out a new delivery model for public financial guidance and seeks views on how, within this model, the proposed services could best be offered. The new delivery model is designed to better complement the financial guidance provided by the third sector and the industry and provide more targeted support for consumers.

    The government will consider the responses to this consultation over the summer, and in parallel, work closely with the affected organisations to finalise the delivery structure. A detailed timetable will be set out with the final response, which will be published in the autumn. The government has been clear that the three affected organisations will continue to provide guidance to consumers until at least 2018.