Show Search Form

Search Results

registered interest	true false
date	exactly: or between: and
answering body
answering dept id
answering dept short name
answering dept sort name
hansard heading
house id
legislature	pref label
question text
tabling member constituency
tabling member printed
uin
answer	is ministerial correction true false date of answer exactly: or between: and answer text answering member constituency answering member printed grouped question UIN question first answered answering member label
tabling member	label

Search

1308449

registered interest
date	13/04/2021
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	SME Brexit Support Fund
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, what assessment he has made of the potential benefits to businesses of the SME Brexit Support Fund.
tabling member constituency	Cardiff West
tabling member printed	Kevin Brennan
uin	180415
answer	answer is ministerial correction date of answer 21/04/2021 answer text <p>The £20 million SME Brexit fund enables traders to access practical support, including training for new customs, rules of origin and VAT processes. It allows smaller businesses to apply for grants of up to £2,000 to help them adapt to new customs and tax rules when trading with the EU. Small and medium-sized enterprises can also use this money to seek professional advice in these areas.</p> answering member constituency Hereford and South Herefordshire answering member printed Jesse Norman question first answered 21/04/2021 13:51:50 answering member 3991 label Biography information for Jesse Norman
tabling member	1400 label Biography information for Kevin Brennan

1308521

registered interest
date	13/04/2021
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Debts: Coronavirus
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, if he will consider introducing a personal loan scheme similar to the Bounce Back Scheme to provide people in debt with a low interest route to financial wellbeing in the context of increasing household debt levels as a result of the covid-19 outbreak.
tabling member constituency	Upper Bann
tabling member printed	Carla Lockhart
uin	180652
answer	answer is ministerial correction date of answer 21/04/2021 answer text <p>While the total amount of outstanding lending to individuals has increased by 0.9% since February 2020. The growth rate was below pre-pandemic levels and has mostly been driven by an increase in lending for house purchases. Since February 2020, the amount of outstanding consumer credit has fallen by 13.2%.</p><p> </p><p>To support households that have been affected by Covid-19, we have put in place unprecedented support – including the Coronavirus Job Retention Scheme, the Self-Employment Income Support Scheme, and a package of welfare measures on which we spent an additional £7.4 billion in the 2020-21 financial year.</p><p> </p><p>We have also taken specific action to support those in debt or in need of affordable credit as a result of Covid-19. For those facing temporary payment difficulties as a result of the pandemic, we worked with the FCA to introduce mortgage and consumer credit payment holidays. The Government has also agreed to maintain record levels of debt advice funding for the Money and Pension Service in 2021-22. To support access to affordable credit, since 2019, the Government has allocated £96 million of dormant assets funding to Fair4All Finance. Fair4All Finance was founded to improve the financial wellbeing of those who are financially vulnerable through fair and affordable financial products and services.</p><p> </p><p>With respect to setting up a loan scheme, at Budget, HM Treasury announced it would provide up to £3.8 million of funding to deliver a pilot No-Interest Loans Scheme. The scheme will support vulnerable consumers who would benefit from affordable rather than high-cost credit to meet unexpected costs.</p> answering member constituency Salisbury answering member printed John Glen question first answered 21/04/2021 12:54:57 answering member 4051 label Biography information for John Glen
tabling member	4857 label Biography information for Carla Lockhart

1308588

registered interest
date	13/04/2021
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Business: UK Trade with EU
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, what steps the Government has taken to support businesses that are unable to purchase essential materials from the EU.
tabling member constituency	Coventry South
tabling member printed	Zarah Sultana
uin	180621
answer	answer is ministerial correction date of answer 19/04/2021 answer text <p>The Government has put in place a range of measures to facilitate trade with the EU and to avoid disruption at ports including publishing comprehensive guidance on the new arrangements for trade with the EU and operating a staged approach to customs controls. Until 31 December 2021 most traders importing non-controlled goods from the EU can make a declaration in their own records and defer making a customs declaration to HMRC for 175 days. Further information can be found at <a href="https://www.gov.uk/guidance/delaying-declarations-for-eu-goods-brought-into-great-britain" target="_blank">https://www.gov.uk/guidance/delaying-declarations-for-eu-goods-brought-into-great-britain</a>. The Government has also provided a £20 million Brexit Support Fund to support small and medium sized businesses (SMEs) in adjusting to new customs, rules of origin, and VAT rules when trading with the EU.</p><p> </p><p>In addition, businesses can choose to use customs facilitations to make trading across borders quicker, cheaper and easier. Further information can be found at <a href="https://www.gov.uk/guidance/check-if-you-can-delay-customs-duty-and-import-vat" target="_blank">https://www.gov.uk/guidance/check-if-you-can-delay-customs-duty-and-import-vat</a>.</p> answering member constituency Hereford and South Herefordshire answering member printed Jesse Norman grouped question UIN 180620 question first answered 19/04/2021 14:27:29 answering member 3991 label Biography information for Jesse Norman
tabling member	4786 label Biography information for Zarah Sultana

1308589

registered interest
date	13/04/2021
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Multinational Companies: Tax Avoidance
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, what assessment his Department has made of the potential effect of proposals under Pillar 2 of the Organisation for Economic Co-operation and Development's Base Erosion and Profit Shifting (BEPS) framework on the (a) insurance and reinsurance industries, (b) revenues to his Department and (c) wider economy.
tabling member constituency	Romford
tabling member printed	Andrew Rosindell
uin	180427
answer	answer is ministerial correction date of answer 20/04/2021 answer text <p>The UK has been at the forefront of global efforts to update the international corporation tax framework in response to challenges created by digitisation.</p><p> </p><p>The UK played an active role in helping to develop a comprehensive two-pillar solution. This would ensure countries can more effectively tax businesses that participate in their economies as well as require multinational groups to pay a minimum level of tax on profit they generate in jurisdictions in which they operate.</p><p> </p><p>The UK also played a leading role in securing a G20 commitment to reach political agreement on such a solution by mid-2021, and is now using its G7 Presidency to help deliver on that objective.</p><p> </p><p>The details of a political agreement are still subject to international negotiation and it would not be appropriate to provide a detailed impact assessment or to comment on specific provisions.</p><p> </p><p>If and when a global solution is agreed and implemented it will be assessed through the OBR forecast process in the usual way.</p> answering member constituency Hereford and South Herefordshire answering member printed Jesse Norman grouped question UIN 178894 178895 179441 179448 180428 question first answered 20/04/2021 15:14:43 answering member 3991 label Biography information for Jesse Norman
tabling member	1447 label Biography information for Andrew Rosindell

1308591

registered interest
date	13/04/2021
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Multinational Companies: Tax Avoidance
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, what assessment his Department has made of the potential merits for the UK economy of securing carve-outs from Pillar 2 of the OECD Framework on BEPS for (a) manufacturing, (b) financial services and (c) insurance.
tabling member constituency	Romford
tabling member printed	Andrew Rosindell
uin	180428
answer	answer is ministerial correction date of answer 20/04/2021 answer text <p>The UK has been at the forefront of global efforts to update the international corporation tax framework in response to challenges created by digitisation.</p><p> </p><p>The UK played an active role in helping to develop a comprehensive two-pillar solution. This would ensure countries can more effectively tax businesses that participate in their economies as well as require multinational groups to pay a minimum level of tax on profit they generate in jurisdictions in which they operate.</p><p> </p><p>The UK also played a leading role in securing a G20 commitment to reach political agreement on such a solution by mid-2021, and is now using its G7 Presidency to help deliver on that objective.</p><p> </p><p>The details of a political agreement are still subject to international negotiation and it would not be appropriate to provide a detailed impact assessment or to comment on specific provisions.</p><p> </p><p>If and when a global solution is agreed and implemented it will be assessed through the OBR forecast process in the usual way.</p> answering member constituency Hereford and South Herefordshire answering member printed Jesse Norman grouped question UIN 178894 178895 179441 179448 180427 question first answered 20/04/2021 15:14:43 answering member 3991 label Biography information for Jesse Norman
tabling member	1447 label Biography information for Andrew Rosindell

1308594

registered interest
date	13/04/2021
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	UK Infrastructure Bank: Finance
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, if he will publish the procedures by which the UK Infrastructure Bank will be allocated the £12 billion of equity and debt capital.
tabling member constituency	Stockton South
tabling member printed	Matt Vickers
uin	180638
answer	answer is ministerial correction date of answer 21/04/2021 answer text <p>The Government published further details on the design of the UK Infrastructure Bank alongside Budget in March. This can be found at <a href="https://www.gov.uk/government/publications/policy-design-of-the-uk-infrastructure-bank" target="_blank">https://www.gov.uk/government/publications/policy-design-of-the-uk-infrastructure-bank</a>.</p><p> </p><p>In total, the Bank will have £22 billion of financial capacity to deliver on its objectives:</p><p> </p><ul><li>£5 billion will be made available as equity from HM Treasury</li><li>the Bank will also be able to borrow up to £7 billion from a government credit facility administered by the Debt Management Office (DMO) and also private markets.</li><li>of its £12 billion of equity and debt capital, £4 billion will be allocated to local authority lending, providing a significant commitment to this wing of its operations</li><li>the Bank will have initial authority to issue up to £10 billion of guarantees, as the Bank takes on responsibility for the UK Guarantee Scheme, with more available subject to review</li></ul><p> </p><p>The Bank will have significant flexibility as to when it draws down its equity capital and be able to borrow up to £1.5bn a year. The Government will publish a framework document ahead of the Bank’s launch, setting out further details on governance and the relationship with government.</p> answering member constituency Hereford and South Herefordshire answering member printed Jesse Norman question first answered 21/04/2021 13:52:16 answering member 3991 label Biography information for Jesse Norman
tabling member	4844 label Biography information for Matt Vickers

1308604

registered interest
date	13/04/2021
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Capital Allowances
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, what plant and machinery will qualify for the super-deduction.
tabling member constituency	Stockton South
tabling member printed	Matt Vickers
uin	180641
answer	answer is ministerial correction date of answer 21/04/2021 answer text <p>All new main rate plant and machinery is eligible for the super-deduction, save assets purchased for leasing. HM Treasury have published more detail in the super-deduction factsheet, available at: <a href="https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/967202/Super_deduction_factsheet.pdf" target="_blank">https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/967202/Super_deduction_factsheet.pdf</a>.</p> answering member constituency Hereford and South Herefordshire answering member printed Jesse Norman question first answered 21/04/2021 13:50:20 answering member 3991 label Biography information for Jesse Norman
tabling member	4844 label Biography information for Matt Vickers

1308670

registered interest
date	13/04/2021
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Rural Areas: Infrastructure
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, what steps the Government is taking to ensure that deprived rural and coastal communities receive a fair allocation of per capita spending on public infrastructure.
tabling member constituency	Torridge and West Devon
tabling member printed	Sir Geoffrey Cox
uin	180449
answer	answer is ministerial correction date of answer 21/04/2021 answer text <p>The Government’s levelling up agenda aims to spread opportunity and investment across every region and nation of the UK—including in rural and coastal communities. We will deliver this pledge by boosting jobs, wages and prospects for all communities. At Budget the Government also announced policies that will benefit those communities most in need, including the first round of the £4.8bn Levelling Up Fund—designed to drive regeneration in places that have received less Government investment in recent years. On top of this, the next £5.2 billion Flood and Coastal Defence programme kickstarts in this month, and we are allocating £1.2bn over four years to support the rollout of gigabit-capable broadband in hard-to-reach areas—the start of our £5bn UK Gigabit programme.</p> answering member constituency Saffron Walden answering member printed Kemi Badenoch question first answered 21/04/2021 12:44:42 answering member 4597 label Biography information for Kemi Badenoch
tabling member	1508 label Biography information for Sir Geoffrey Cox

1308685

registered interest
date	13/04/2021
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Development Aid
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, with reference to his Oral Statement of 25 November 2020, Official Report, column 830, how his Department will (a) measure and (b) define the fiscal situation to determine whether Official Development Assistance spending can return to 0.7 per cent of GNI.
tabling member constituency	Dundee West
tabling member printed	Chris Law
uin	180535
answer	answer is ministerial correction date of answer 20/04/2021 answer text <p>In the context of unprecedented economic and fiscal circumstances, the Government decided at the 2020 Spending Review that sticking rigidly to spending 0.7% of gross national income as Official Development Assistance (ODA) was not an appropriate prioritisation of resources.</p><p> </p><p>To ensure coherence and maximum value for money from the UK’s ODA spending, the Foreign Secretary led a cross-government process after the 2020 Spending Review to review in detail how ODA is allocated against the Government’s priorities. This has ensured that UK ODA is focused on our strategic priorities, spent where it will have the maximum impact, has greater coherence and delivers most value for money.</p><p> </p><p>The Government intends to return to the 0.7% target when the fiscal situation allows. We cannot at this moment predict with certainty when the current fiscal circumstances will have sufficiently improved.</p> answering member constituency North East Cambridgeshire answering member printed Steve Barclay grouped question UIN 180536 180537 180538 question first answered 20/04/2021 08:35:34 answering member 4095 label Biography information for Steve Barclay
tabling member	4403 label Biography information for Chris Law

1308686

registered interest
date	13/04/2021
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Development Aid
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, with reference to his Oral Statement of 25 November 2020, Official Report, column 830, what plans he has to set out in detail the measurements that will be used to define the fiscal situation under which Official Development Assistance spending can return to .the 0.7 of GNI level.
tabling member constituency	Dundee West
tabling member printed	Chris Law
uin	180536
answer	answer is ministerial correction date of answer 20/04/2021 answer text <p>In the context of unprecedented economic and fiscal circumstances, the Government decided at the 2020 Spending Review that sticking rigidly to spending 0.7% of gross national income as Official Development Assistance (ODA) was not an appropriate prioritisation of resources.</p><p> </p><p>To ensure coherence and maximum value for money from the UK’s ODA spending, the Foreign Secretary led a cross-government process after the 2020 Spending Review to review in detail how ODA is allocated against the Government’s priorities. This has ensured that UK ODA is focused on our strategic priorities, spent where it will have the maximum impact, has greater coherence and delivers most value for money.</p><p> </p><p>The Government intends to return to the 0.7% target when the fiscal situation allows. We cannot at this moment predict with certainty when the current fiscal circumstances will have sufficiently improved.</p> answering member constituency North East Cambridgeshire answering member printed Steve Barclay grouped question UIN 180535 180537 180538 question first answered 20/04/2021 08:35:34 answering member 4095 label Biography information for Steve Barclay
tabling member	4403 label Biography information for Chris Law