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106223

registered interest
date	04/11/2014
answering body	HM Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Carbon Emissions
house id	1
legislature	25259 pref label House of Commons
question text	To ask Mr Chancellor of the Exchequer, pursuant to the Answer of 2 September 2014 to Question 207058, if he will discuss with (a) the Secretary of State for Energy and Climate Change and (b) the Secretary of State for Business, Innovation and Skills the implications for his policies on financial stability of the statements given to the World Bank seminar on integrated reporting on 10 October 2014 by the Governor of the Bank of England on unburnable carbon and market failures; and if he will make a statement.
tabling member constituency	Brighton, Pavilion
tabling member printed	Caroline Lucas
uin	213226
answer	answer is ministerial correction date of answer 11/11/2014 answer text <p>I refer the hon. member to the answer [the Chancellor of the Exchequer] gave her on 2 September 2014, Official Report, column 221W</p><p> </p> answering member constituency South Northamptonshire answering member printed Andrea Leadsom question first answered 11/11/2014 16:40:06 answering member 4117 label Biography information for Andrea Leadsom
tabling member	3930 label Biography information for Caroline Lucas

91245

registered interest
date	09/09/2014
answering body	HM Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	CaTreasury
hansard heading	Offshore Industry: Taxation
house id	1
legislature	25259 pref label House of Commons
question text	To ask Mr Chancellor of the Exchequer, what the forecast cost is of tax relief arising from the (a) petroleum revenue tax oil allowance, (b) petroleum revenue tax tariff receipts allowance and (c) Ring Fence Expenditure Supplement and (i) ultra-heavy oil field, (ii) ultra-high pressure/high temperature field, (iii) small or gas field, (iv) deep water gas field, (v) large-deep water oil field, (vi) large-shallow water gas field, (vii) brownfield and (viii) remote deep-water gas field allowances in each year from 2014-15 to 2017-18.
tabling member constituency	Brighton, Pavilion
tabling member printed	Caroline Lucas
uin	208801
answer	answer is ministerial correction date of answer 12/09/2014 answer text <p>HMRC publish historical estimates of the costs of tax expenditures and structural reliefs. The costs of PRT Oil Allowance and Tariff Receipts Allowance were featured in the latest release in April 2014 as follows:</p><p>2012-13 2013-14</p><p>Oil Allowance £95mn £80mn</p><p>Tariff Receipts Allowance £35mn £25mn</p><p> </p><p>There are provisions for the costs of these allowances in the Office for Budget Responsibility (OBR) forecasts of UK Oil and Gas Petroleum Revenue Tax for Budgets, Autumn Statements and Fiscal Sustainability Reports, but the costs are not specifically identified, so there are no estimated costs available for 2014-15 to 2017-18.</p><p> </p><p>There are also provisions for the costs of Ring Fence Expenditure Supplement (RFES) and the variety of field allowances available in the OBR Corporation Tax forecasts, but the specific costs have not been identified.</p><p> </p><p>The estimated impacts of RFES and field allowances, in terms of the direct costs and the effect on the investment in the sector, are included in the published policy costing notes.</p><p> </p><p>The effect of the increase of RFES from 6% to 10% from January 2012, as featured in the Autumn Statement 2011 policy costing note is an estimated tax cost to the Exchequer of £5 million in 2014-15, £50 million in 2015-16 and £10 million in 2016-17. RFES was introduced from January 2006 and costs for 2014-15 onwards were not estimated at that time.</p><p> </p><p>The effect of the increase in small field allowance from £75 million to £150 million and the introduction of the Large Deep Water Oil field allowance in Budget 2012 was estimated to be a tax gain to the Exchequer of £45 million in 2014-15, no net tax impact in 2015-16 and a tax cost to Exchequer of £45 million in 2016-17 (of which the direct costs in reduced corporation tax were estimated at £10 million, £20 million and £65 million, respectively).</p><p> </p><p>The effect of the introduction of Brown Field Allowance and the Large Shallow Water Gas field allowance in Autumn Statement 2012 was estimated to be a tax cost to the Exchequer of £165 million in 2014-15, £255 million in 2015-16, £230 million in 2016-17 and £165 million in 2017-18 (of which the direct costs in reduced CT were estimated at £45 million, £80 million, £85 million and £90 million, respectively).</p><p> </p><p> </p><p>Estimates of the costs of introducing Small Field allowance, Ultra High Pressure/High Temperature field allowance and Ultra Heavy Oil field allowance in March 2009, and Deep Water Gas field allowance in January 2010, are not available for 2014-15 onwards.</p> answering member constituency Witham answering member printed Priti Patel grouped question UIN 208802 question first answered 12/09/2014 12:59:58 answering member 4066 label Biography information for Priti Patel
tabling member	3930 label Biography information for Caroline Lucas

91246

registered interest
date	09/09/2014
answering body	HM Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	CaTreasury
hansard heading	Offshore Industry:Taxation
house id	1
legislature	25259 pref label House of Commons
question text	To ask Mr Chancellor of the Exchequer, what the total cost of tax relief from the (a) petroleum revenue tax oil allowance, (b) petroleum revenue tax tariff receipts allowance and (c) Ring Fence Expenditure Supplement and (i) ultra-heavy oil field, (ii) ultra-high pressure/high temperature field, (iii) small or gas field, (iv) deep water gas field, (v) large-deep water oil field, (vi) large-shallow water gas field, (vii) brownfield and (viii) remote deep-water gas field allowances in each year from 2014-15 to 2017-18.
tabling member constituency	Brighton, Pavilion
tabling member printed	Caroline Lucas
uin	208802
answer	answer is ministerial correction date of answer 12/09/2014 answer text <p>HMRC publish historical estimates of the costs of tax expenditures and structural reliefs. The costs of PRT Oil Allowance and Tariff Receipts Allowance were featured in the latest release in April 2014 as follows:</p><p>2012-13 2013-14</p><p>Oil Allowance £95mn £80mn</p><p>Tariff Receipts Allowance £35mn £25mn</p><p> </p><p>There are provisions for the costs of these allowances in the Office for Budget Responsibility (OBR) forecasts of UK Oil and Gas Petroleum Revenue Tax for Budgets, Autumn Statements and Fiscal Sustainability Reports, but the costs are not specifically identified, so there are no estimated costs available for 2014-15 to 2017-18.</p><p> </p><p>There are also provisions for the costs of Ring Fence Expenditure Supplement (RFES) and the variety of field allowances available in the OBR Corporation Tax forecasts, but the specific costs have not been identified.</p><p> </p><p>The estimated impacts of RFES and field allowances, in terms of the direct costs and the effect on the investment in the sector, are included in the published policy costing notes.</p><p> </p><p>The effect of the increase of RFES from 6% to 10% from January 2012, as featured in the Autumn Statement 2011 policy costing note is an estimated tax cost to the Exchequer of £5 million in 2014-15, £50 million in 2015-16 and £10 million in 2016-17. RFES was introduced from January 2006 and costs for 2014-15 onwards were not estimated at that time.</p><p> </p><p>The effect of the increase in small field allowance from £75 million to £150 million and the introduction of the Large Deep Water Oil field allowance in Budget 2012 was estimated to be a tax gain to the Exchequer of £45 million in 2014-15, no net tax impact in 2015-16 and a tax cost to Exchequer of £45 million in 2016-17 (of which the direct costs in reduced corporation tax were estimated at £10 million, £20 million and £65 million, respectively).</p><p> </p><p>The effect of the introduction of Brown Field Allowance and the Large Shallow Water Gas field allowance in Autumn Statement 2012 was estimated to be a tax cost to the Exchequer of £165 million in 2014-15, £255 million in 2015-16, £230 million in 2016-17 and £165 million in 2017-18 (of which the direct costs in reduced CT were estimated at £45 million, £80 million, £85 million and £90 million, respectively).</p><p> </p><p> </p><p>Estimates of the costs of introducing Small Field allowance, Ultra High Pressure/High Temperature field allowance and Ultra Heavy Oil field allowance in March 2009, and Deep Water Gas field allowance in January 2010, are not available for 2014-15 onwards.</p> answering member constituency Witham answering member printed Priti Patel grouped question UIN 208801 question first answered 12/09/2014 12:59:58 answering member 4066 label Biography information for Priti Patel
tabling member	3930 label Biography information for Caroline Lucas

91247

registered interest
date	09/09/2014
answering body	HM Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	CaTreasury
hansard heading	Offshore Industry: Taxation
house id	1
legislature	25259 pref label House of Commons
question text	To ask Mr Chancellor of the Exchequer, what the forecast cost is of tax relief arising from Decommissioning Relief Deeds provided to companies operating in the UK and UK Continental Shelf in each year from 2014-15 to 2017-18.
tabling member constituency	Brighton, Pavilion
tabling member printed	Caroline Lucas
uin	208800
answer	answer is ministerial correction date of answer 12/09/2014 answer text <p>As set out in the Government’s Written Ministerial Statement on Decommissioning Relief Deeds of 21<sup>st</sup> July 2014, the Government has not made any changes to the tax regime that would generate a liability to be paid under any decommissioning relief agreements.</p> answering member constituency Witham answering member printed Priti Patel question first answered 12/09/2014 13:51:57 answering member 4066 label Biography information for Priti Patel
tabling member	3930 label Biography information for Caroline Lucas

91248

registered interest
date	09/09/2014
answering body	HM Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	CaTreasury
hansard heading	Financial Services: Taxation
house id	1
legislature	25259 pref label House of Commons
question text	To ask Mr Chancellor of the Exchequer, how much the Government spent on bringing a legal challenge against the European Council on the decision to establish enhanced cooperation to implement a Financial Transaction Tax; what proportion of the total cost is (a) costs the UK will have to pay as a result of having lost the legal challenge, (b) staff time, (c) transport to and from Brussels, (d) legal fees and (e) other costs; what the names are of any external lawyers employed on this case; and if he will make a statement.
tabling member constituency	Brighton, Pavilion
tabling member printed	Caroline Lucas
uin	208809
answer	answer is ministerial correction date of answer 16/10/2014 answer text <p>By convention, Institutions and Member States do not seek to enforce costs against each other, and therefore the UK will not pay any Court costs. There were no travel costs to and from Brussels related to the legal challenge. On legal fees, the UK has paid £67,808 for external legal counsel. Information on staff time and other costs is not readily available and could only be obtained at disproportionate cost.</p> answering member constituency South West Hertfordshire answering member printed Mr David Gauke question first answered 16/10/2014 14:43:42 answering member 1529 label Biography information for Mr David Gauke
tabling member	3930 label Biography information for Caroline Lucas

79304

registered interest
date	22/07/2014
answering body	HM Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	CaTreasury
hansard heading	Fossil Fuels
house id	1
legislature	25259 pref label House of Commons
question text	To ask Mr Chancellor of the Exchequer, if he will request the Financial Policy Committee (FPC) of the Bank of England to provide them with their most recent assessment of risks to UK financial stability arising from investment in high-carbon assets; and if he will place in the Library that request and the FPC response.
tabling member constituency	Brighton, Pavilion
tabling member printed	Caroline Lucas
uin	207056
answer	answer is ministerial correction date of answer 02/09/2014 answer text <p>On the 8<sup>th</sup> July 2014, Mark Carney, the Governor of the Bank of England, sent a letter to the Environmental Audit Committee (EAC). In the letter he stated that the FPC’s current assessment of the risks to financial stability were set out in the latest Financial Stability Report which was published on the 26<sup>th</sup> June 2014. That assessment showed that the FPC did not consider investment in high-carbon assets to be a material risk to financial stability at that time. However, Governor Carney did reassure the EAC that the FPC will continue to monitor a range of threats in its regular risk assessment, and will seek to discuss with the Committee on Climate Change if its assessment of risk associated with a carbon bubble changes.</p> answering member constituency South Northamptonshire answering member printed Andrea Leadsom question first answered 02/09/2014 16:37:12 answering member 4117 label Biography information for Andrea Leadsom
tabling member	3930 label Biography information for Caroline Lucas

77536

registered interest
date	14/07/2014
answering body	HM Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	CaTreasury
hansard heading	Tourism: VAT
house id	1
legislature	25259 pref label House of Commons
question text	To ask Mr Chancellor of the Exchequer, if he will estimate the effects of VAT at 20 per cent on visitor accommodation and attractions on the cost of an average family holiday in the UK; what assessment he has made of the contribution of tourism in coastal towns to the UK economy; and if he will make a statement.
tabling member constituency	Brighton, Pavilion
tabling member printed	Caroline Lucas
uin	205606
answer	answer is ministerial correction date of answer 17/07/2014 answer text <p>No estimate has been made of the effects of VAT.</p><p>The Government recognises that tourism is vital for many coastal towns and an important part of the UK visitor economy. The 2013 Great Britain Tourism Survey estimated that day and overnight visits by British residents to the seaside brought £9.5bn of spending to coastal areas in 2013. Coastal towns also benefit from inbound visits. 2013 was a record year with 33m visits, resulting in £21bn of spend in the UK.</p><p> </p> answering member constituency South West Hertfordshire answering member printed Mr David Gauke question first answered 17/07/2014 16:26:06 answering member 1529 label Biography information for Mr David Gauke
tabling member	3930 label Biography information for Caroline Lucas

62200

registered interest
date	17/06/2014
answering body	HM Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	CaTreasury
hansard heading	Minimum Wage
house id	1
legislature	25259 pref label House of Commons
question text	To ask Mr Chancellor of the Exchequer, on what date each of the 25 firms named and shamed for breach of the national minimum wage by his Department on 8 June 2014 was issued with the relevant Notice of Underpayment of the minimum wage by HM Revenue and Customs.
tabling member constituency	Brighton, Pavilion
tabling member printed	Caroline Lucas
uin	200988
answer	answer is ministerial correction date of answer 26/06/2014 answer text <p>I have been asked to reply on behalf of the Department for Business, Innovation and Skills.</p><p>The dates that the Notice of Underpayments (NoU) were issued for the 25 firms named and shamed for breach of the national minimum wage (NMW) are as follows.</p><p> </p><table><tbody><tr><td><em>Month</em></td><td><em>NoUs</em></td></tr><tr><td><p>December 2013</p></td><td><p>1</p></td></tr><tr><td><p>January 2014</p></td><td><p>9</p></td></tr><tr><td><p>February 2014</p></td><td><p>10</p></td></tr><tr><td><p>March 2014</p></td><td><p>4</p></td></tr><tr><td><p>April 2014</p></td><td><p>1</p></td></tr></tbody></table><p> </p><p>They were issued under the revised Naming Scheme which was introduced on 1 October 2013. It takes time for cases to work their way through the system as there is a process to follow before an employer can be named. If HMRC investigates an employer that is breaking NMW law they will be issued with a Notice of Underpayment (NOU) by HMRC. An employer has 28 days to appeal against the NOU and 14 days from when the case closes to make representations to BIS.</p> answering member constituency Cardiff Central answering member printed Jenny Willott question first answered 26/06/2014 12:06:03 answering member 1497 label Biography information for Jenny Willott
tabling member	3930 label Biography information for Caroline Lucas

61439

registered interest
date	11/06/2014
answering body	HM Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	CaTreasury
hansard heading	Minimum Wage
house id	1
legislature	25259 pref label House of Commons
question text	To ask Mr Chancellor of the Exchequer, how many of the financial penalties for non-compliance with the minimum wage issued by HM Revenue and Customs in 2013-14 were for the then maximum sum of £5,000.
tabling member constituency	Brighton, Pavilion
tabling member printed	Caroline Lucas
uin	200170
answer	answer is ministerial correction date of answer 18/06/2014 answer text <p>The Government takes the enforcement of the National Minimum Wage (NMW) very seriously. HMRC review every complaint that is referred to them by the Pay and Work Rights Helpline (0800 917 2368). In addition, HMRC conduct targeted compliance activity based on data received from various sources and robust risk assessment processes, to identify the sectors and employers across the United Kingdom, who are considered more likely to be failing to pay NMW.</p><p> </p><p>The Government has increased the financial penalty percentage that employers pay for breaking minimum wage law from 50 per cent to 100 per cent and the maximum penalty has increased from £5,000 to £20,000. The revised penalty is calculated as 100 per cent of the total underpayment for all of the workers specified in a Notice of Underpayment relating to pay reference periods that commence on or after 7 March 2014.</p><p> </p><p>HMRC issued the maximum penalty of £5,000 to 52 employers identified as owing workers arrears of pay under national minimum wage legislation in 2013/14.</p><p> </p><p> </p> answering member constituency South West Hertfordshire answering member printed Mr David Gauke question first answered 18/06/2014 16:36:08 answering member 1529 label Biography information for Mr David Gauke
tabling member	3930 label Biography information for Caroline Lucas