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46401
registered interest false more like this
date less than 2014-04-01more like thismore than 2014-04-01
answering body
HM Treasury more like this
answering dept id 14 remove filter
answering dept short name Treasury more like this
answering dept sort name CaTreasury more like this
house id 2 more like this
legislature
25277
pref label House of Lords more like this
question text To ask Her Majesty's Government on how many occasions an action under the Proceeds of Crime Act 2002 has also been investigated by HM Revenue and Customs to ensure that tax has been paid by the individuals concerned. more like this
tabling member printed
Lord Mendelsohn more like this
uin HL6498 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2014-04-14more like thismore than 2014-04-14
answer text <p>Actions under the Proceeds of Crime Act (2002) (POCA) could include a variety of different provisions within the Act. For instance, the use of POCA investigative powers, a prosecution for a POCA money laundering offence, the use of criminal confiscation following conviction, the use of POCA civil recovery procedures or financial intelligence received by way of the Suspicious Activity Reporting (SAR) regime.</p><p> </p><p>Where a law enforcement agency has suspicions of tax evasion it is up to that agency to refer the matter to HMRC to review and investigate as appropriate, using civil or criminal powers. HMRC does not keep a record of how many such referrals are made to them.</p><p> </p><p>Where HMRC is the investigating agency conducting the POCA actions, they routinely also assess the correct tax position and seek to recover outstanding amounts</p><p> </p> more like this
answering member printed Lord Deighton more like this
question first answered
less than 2014-04-14T12:00:00.00Zmore like thismore than 2014-04-14T12:00:00.00Z
answering member
4262
label Biography information for Lord Deighton more like this
tabling member
4286
label Biography information for Lord Mendelsohn more like this
46403
registered interest false more like this
date less than 2014-04-01more like thismore than 2014-04-01
answering body
HM Treasury more like this
answering dept id 14 remove filter
answering dept short name Treasury more like this
answering dept sort name CaTreasury more like this
house id 2 more like this
legislature
25277
pref label House of Lords more like this
question text To ask Her Majesty's Government how many people have (1) applied for, and (2) been granted, help through (a) the Help to Buy mortgage guarantee scheme, and (b) the Help to Buy equity loan scheme, in each of the ten districts of Greater Manchester. more like this
tabling member printed
Lord Bradley more like this
uin HL6500 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2014-04-11more like thismore than 2014-04-11
answer text <p>LORD NEWBY</p><p>a) On 23 March, the Prime Minister announced that 2,572 mortgages were supported by the Help to Buy: mortgage guarantee scheme in its first four months. 342 of these were in the North West. The Government does not generally collect data on the number of applications participating lenders receive for mortgages supported by the Help to Buy: mortgage guarantee scheme. However, as a single submission to the Government, two of the largest lenders in the Scheme, Lloyds and RBS, have said they received 9,569 applications, and one of the smallest lenders in the Scheme, Aldermore, received 2,313 applications.</p><p> </p><p>Now the Scheme is open, the Government is collecting data on mortgages covered by the guarantee, and will report in due course.</p><p> </p><p> </p><p>b) The Government publishes monthly statistics on the cumulative number of homes purchased (legal completions), with the support of Help to Buy: equity loans, by local authority in England. The data can be found at <a href="https://www.gov.uk/government/statistical-data-sets/help-to-buy-equity-loan-scheme-monthly-statistics" target="_blank">https://www.gov.uk/government/statistical-data-sets/help-to-buy-equity-loan-scheme-monthly-statistics</a>.</p><p> </p><p> </p>
answering member printed Lord Newby more like this
question first answered
less than 2014-04-11T12:00:00.00Zmore like thismore than 2014-04-11T12:00:00.00Z
answering member
1916
label Biography information for Lord Newby more like this
attachment
1
file name 3434LW 1314.xlsx more like this
title Help to buy - Cumulative number more like this
tabling member
452
label Biography information for Lord Bradley more like this
46406
registered interest false more like this
date less than 2014-04-01more like thismore than 2014-04-01
answering body
HM Treasury more like this
answering dept id 14 remove filter
answering dept short name Treasury more like this
answering dept sort name CaTreasury more like this
house id 2 more like this
legislature
25277
pref label House of Lords more like this
question text To ask Her Majesty's Government how many VAT inspectors, tax inspectors and senior tax inspectors were employed by HM Revenue and Customs in the financial year 2009–10; and how many will be employed in 2014–15. more like this
tabling member printed
Lord Beecham more like this
uin HL6503 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2014-04-09more like thismore than 2014-04-09
answer text <p>HM Revenue &amp; Customs was formed by the merger of Inland Revenue and HM Customs &amp; Excise in 2005 and the VAT Inspector and Tax Inspector are no longer roles in the organisation. There are some 17,000 tax professionals in HM Revenue &amp; Customs carrying out a range of duties from tackling non-compliance with tax obligations to advising Ministers on changes in legislation.</p><p> </p><p>Whilst the overall numbers of tax professionals has largely been maintained from 2009/10 to the present day, and will be into 2014/15, the way in which those tax professionals have been deployed has changed to address priority areas of tax risk. This is reflected in the compliance yield, which almost doubled between 2005 and 2011 to £13.9 billion, and increased again to reach £20.7 billion in 2012/13 as key risks were addressed.</p><p> </p><p>HM Revenue &amp; Customs continues to recruit substantial numbers of graduates and suitable internal candidates to develop as senior tax professionals, around 600 in the period 2012/13 to 2014/15, to maintain numbers and enhance capability.</p><p> </p><p> </p>
answering member printed Lord Newby more like this
question first answered
less than 2014-04-09T12:00:00.00Zmore like thismore than 2014-04-09T12:00:00.00Z
answering member
1916
label Biography information for Lord Newby more like this
tabling member
4181
label Biography information for Lord Beecham more like this
46408
registered interest false more like this
date less than 2014-04-01more like thismore than 2014-04-01
answering body
HM Treasury more like this
answering dept id 14 remove filter
answering dept short name Treasury more like this
answering dept sort name CaTreasury more like this
house id 2 more like this
legislature
25277
pref label House of Lords more like this
question text To ask Her Majesty's Government whether the external law firm appointed by the Financial Conduct Authority (FCA) to review its handling of its announcement on closed life funds is independent of the FCA and the firms covered by the FCA investigation. more like this
tabling member printed
Lord Myners more like this
uin HL6505 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2014-04-14more like thismore than 2014-04-14
answer text <p>The Financial Conduct Authority (FCA) have announced that the FCA Non-Executive Directors have appointed Simon Davis, a senior commercial litigation partner at Clifford Chance, to conduct an independent inquiry into the handling of the FCA's announcement of proposed supervisory work on the fair treatment of long standing customers in life insurance.</p> more like this
answering member printed Lord Deighton more like this
question first answered
less than 2014-04-14T12:00:00.00Zmore like thismore than 2014-04-14T12:00:00.00Z
answering member
4262
label Biography information for Lord Deighton more like this
tabling member
3869
label Biography information for Lord Myners more like this
46410
registered interest false more like this
date less than 2014-04-01more like thismore than 2014-04-01
answering body
HM Treasury more like this
answering dept id 14 remove filter
answering dept short name Treasury more like this
answering dept sort name CaTreasury more like this
house id 2 more like this
legislature
25277
pref label House of Lords more like this
question text To ask Her Majesty's Government whether they have commissioned any investigation into, or received any report about, possible manipulation of auctions conducted by the Debt Management Office on behalf of HM Treasury or of purchases of securities under the Asset Purchase Scheme. more like this
tabling member printed
Lord Myners more like this
uin HL6507 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2014-04-11more like thismore than 2014-04-11
answer text <p> </p><p> </p><p>Any evidence relating to the potential manipulation of financial markets received by a public or private body or member of the public should be passed to the Financial Conduct Authority (FCA), which has a statutory responsibility for regulating conduct in financial markets.</p><p> </p><p>Any investigation into the potential manipulation of financial markets would be a matter for the FCA. As a matter of policy the FCA does not normally provide any comment about potential or actual investigations or potential enforcement so as to avoid prejudicing cases.</p><p> </p><p>The FCA announced on 20 March 2014 that it had taken enforcement action against an individual for the manipulation of a government bond in the run up to a Bank of England operation on 10 October 2011. The FCA's investigation found this was the action of one trader on one day, and there was no evidence of collusion with traders in other banks.</p><p> </p><p> </p> more like this
answering member printed Lord Newby more like this
question first answered
less than 2014-04-11T12:00:00.00Zmore like thismore than 2014-04-11T12:00:00.00Z
answering member
1916
label Biography information for Lord Newby more like this
tabling member
3869
label Biography information for Lord Myners more like this
46426
registered interest false more like this
date less than 2014-04-01more like thismore than 2014-04-01
answering body
HM Treasury more like this
answering dept id 14 remove filter
answering dept short name Treasury more like this
answering dept sort name CaTreasury more like this
house id 2 more like this
legislature
25277
pref label House of Lords more like this
question text To ask Her Majesty's Government what was the average number of annuities purchased in each of the last five years for which data are available. more like this
tabling member printed
Lord Lea of Crondall more like this
uin HL6523 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2014-04-09more like thismore than 2014-04-09
answer text <p>There is no requirement for individuals to report the purchase of an annuity and the Government does not collect data on the number or purchase value of annuities. Industry data is collected and published by the Association of British Insurers and may be found on their website <a href="https://www.abi.org.uk/Insurance-and-savings/Industry-data/" target="_blank">https://www.abi.org.uk/Insurance-and-savings/Industry-data/</a></p> more like this
answering member printed Lord Newby more like this
grouped question UIN HL6524 more like this
question first answered
less than 2014-04-09T12:00:00.00Zmore like thismore than 2014-04-09T12:00:00.00Z
answering member
1916
label Biography information for Lord Newby more like this
tabling member
2482
label Biography information for Lord Lea of Crondall more like this
46427
registered interest false more like this
date less than 2014-04-01more like thismore than 2014-04-01
answering body
HM Treasury more like this
answering dept id 14 remove filter
answering dept short name Treasury more like this
answering dept sort name CaTreasury more like this
house id 2 more like this
legislature
25277
pref label House of Lords more like this
question text To ask Her Majesty's Government what percentage of annuities purchased over the last five years for which data are available were worth (1) between £500 and £2,000 per annum, (2) between £2,001 and £5,000 per annum, (3) between £5,001 and £10,000 per annum, and (4) between £10,000 and £20,000 per annum, in value at the point of purchase. more like this
tabling member printed
Lord Lea of Crondall more like this
uin HL6524 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2014-04-09more like thismore than 2014-04-09
answer text <p>There is no requirement for individuals to report the purchase of an annuity and the Government does not collect data on the number or purchase value of annuities. Industry data is collected and published by the Association of British Insurers and may be found on their website <a href="https://www.abi.org.uk/Insurance-and-savings/Industry-data/" target="_blank">https://www.abi.org.uk/Insurance-and-savings/Industry-data/</a></p> more like this
answering member printed Lord Newby more like this
grouped question UIN HL6523 more like this
question first answered
less than 2014-04-09T12:00:00.00Zmore like thismore than 2014-04-09T12:00:00.00Z
answering member
1916
label Biography information for Lord Newby more like this
tabling member
2482
label Biography information for Lord Lea of Crondall more like this
46432
registered interest false more like this
date less than 2014-04-01more like thismore than 2014-04-01
answering body
HM Treasury more like this
answering dept id 14 remove filter
answering dept short name Treasury more like this
answering dept sort name CaTreasury more like this
house id 2 more like this
legislature
25277
pref label House of Lords more like this
question text To ask Her Majesty's Government how they envisage that the United Kingdom can maintain its influence in the European Union if it remains outside a reformed eurozone. more like this
tabling member printed
Lord Stoddart of Swindon more like this
uin HL6529 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2014-04-14more like thismore than 2014-04-14
answer text <p>As set out in the coalition programme for government, the UK will not be joining or preparing to join the European Single Currency in this Parliament. The UK can continue to be outside the euro and remain influential within the EU, as we are now. We work closely with member states on the key issues of the day– improving Europe's competiveness, the single market, trade, taking tough action on Iran – and euro area members are often our closest allies. We have also been clear that as the euro area reforms, any new arrangements must work for those outside the single currency as well as those within it.</p><p> </p><p> </p><p> </p><p> </p> more like this
answering member printed Lord Newby more like this
question first answered
less than 2014-04-14T12:00:00.00Zmore like thismore than 2014-04-14T12:00:00.00Z
answering member
1916
label Biography information for Lord Newby more like this
tabling member
950
label Biography information for Lord Stoddart of Swindon more like this