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

808804

registered interest
date	18/12/2017
answering body	HM Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	CaTreasury
hansard heading	Bank Services: Small Businesses
house id	1
legislature	25259 pref label House of Commons
question text	To ask Mr Chancellor of the Exchequer, if he will make it his policy to expand the role of the Financial Services Ombudsman to allow all small and medium sized businesses to make complaints on banking services.
tabling member constituency	Linlithgow and East Falkirk
tabling member printed	Martyn Day
uin	119913
answer	answer is ministerial correction date of answer 21/12/2017 answer text <p>The remit of the Financial Ombudsman Services (FOS) is a matter for the Financial Conduct Authority, which is operationally independent of Government. The FCA indicated in the April 2017 Feedback Statement on their Mission consultation that they intend to consult on widening the remit of the FOS.</p> answering member constituency North East Cambridgeshire answering member printed Stephen Barclay question first answered 21/12/2017 10:52:20 answering member 4095 label Biography information for Steve Barclay
tabling member	4488 label Biography information for Martyn Day

808892

registered interest
date	18/12/2017
answering body	HM Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	CaTreasury
hansard heading	Banks: Capital Investment
house id	1
legislature	25259 pref label House of Commons
question text	To ask Mr Chancellor of the Exchequer, if he will conduct an inquiry into the effect on the viability of small to medium sized business of banks’ efforts to improve their own capital ratios.
tabling member constituency	Linlithgow and East Falkirk
tabling member printed	Martyn Day
uin	120001
answer	answer is ministerial correction date of answer 21/12/2017 answer text <p>The Government established an independent Financial Policy Committee (FPC) to identify, monitor and take action to remove or reduce systemic risks with a view to protecting and enhancing the resilience of the UK financial system. In March 2017 the FPC judged the appropriate Tier 1 capital requirement for the UK banking system, in aggregate and net of any countercyclical capital buffer, to be 13.5% of risk-weighted assets, as currently measured. The FPC’s judgement of the appropriate level of capital for the banking system was calibrated such that banks could absorb the cumulative losses in historical stress episodes and continue to provide essential services to the real economy.</p><p> </p><p>The Government is supporting lending to SMEs in a variety of ways, including: establishing the British Business Bank to make finance markets work better for small businesses; supporting challenger banks; introducing a bespoke regime for peer-to-peer lending; and structural interventions such as the bank referral scheme and the SME credit data sharing scheme.</p><p> </p> answering member constituency North East Cambridgeshire answering member printed Stephen Barclay question first answered 21/12/2017 11:05:51 answering member 4095 label Biography information for Steve Barclay
tabling member	4488 label Biography information for Martyn Day

808923

registered interest
date	18/12/2017
answering body	HM Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	CaTreasury
hansard heading	Self-employed: Tax Allowances
house id	1
legislature	25259 pref label House of Commons
question text	To ask Mr Chancellor of the Exchequer, if he will establish a new tax allowance covering digital training costs incurred by self-employed businesses.
tabling member constituency	Linlithgow and East Falkirk
tabling member printed	Martyn Day
uin	120032
answer	answer is ministerial correction date of answer 20/12/2017 answer text <p>Expenditure on training to maintain or update existing skills, including digital skills, is already tax deductible for self-employed individuals when it is wholly and exclusively for the purposes of the business.</p><p> </p><p>As announced at Autumn Budget 2017, the government will consult in 2018 on extending the scope of tax relief currently available to employees and the self-employed for work-related training costs. This consultation will cover the tax treatment of new skills.</p> answering member constituency Central Devon answering member printed Mel Stride grouped question UIN 120033 question first answered 20/12/2017 17:20:26 answering member 3935 label Biography information for Mel Stride
tabling member	4488 label Biography information for Martyn Day

808924

registered interest
date	18/12/2017
answering body	HM Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	CaTreasury
hansard heading	Self-employed: Tax Allowances
house id	1
legislature	25259 pref label House of Commons
question text	To ask Mr Chancellor of the Exchequer, if he will bring forward proposals to allow tax-deductions for training courses for the self-employed that develop (a) digital training and (b) other new skills.
tabling member constituency	Linlithgow and East Falkirk
tabling member printed	Martyn Day
uin	120033
answer	answer is ministerial correction date of answer 20/12/2017 answer text <p>Expenditure on training to maintain or update existing skills, including digital skills, is already tax deductible for self-employed individuals when it is wholly and exclusively for the purposes of the business.</p><p> </p><p>As announced at Autumn Budget 2017, the government will consult in 2018 on extending the scope of tax relief currently available to employees and the self-employed for work-related training costs. This consultation will cover the tax treatment of new skills.</p> answering member constituency Central Devon answering member printed Mel Stride grouped question UIN 120032 question first answered 20/12/2017 17:20:26 answering member 3935 label Biography information for Mel Stride
tabling member	4488 label Biography information for Martyn Day