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1131605

registered interest
date	12/06/2019
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Taxation
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 trends in the level of carried interest as a result of provisions on that interest in the Finance Act 2016.
tabling member constituency	Oxford East
tabling member printed	Anneliese Dodds
uin	263805
answer	answer is ministerial correction date of answer 17/06/2019 answer text <p>Under the provisions introduced in Finance Act 2016, amounts determined to be income-based carried interest (IBCI) are subject to income tax and NICs and reported as part of profits from an individual’s business activities. No separate analysis of IBCI is available.</p> answering member constituency Hereford and South Herefordshire answering member printed Jesse Norman question first answered 17/06/2019 14:54:30 answering member 3991 label Biography information for Jesse Norman
tabling member	4657 label Biography information for Anneliese Dodds

1131609

registered interest
date	12/06/2019
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Public Sector Debt
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, what the public sector net debt was in May 2017; and what estimate he has made of level of that debt by May 2022.
tabling member constituency	East Londonderry
tabling member printed	Mr Gregory Campbell
uin	263742
answer	answer is ministerial correction date of answer 17/06/2019 answer text <p>In May 2017 public sector net debt was 85% of GDP.</p><p>Forecasts for the level of debt are produced by the independent Office for Budget Responsibility. The OBR forecast debt levels at the end of March in each year, and do not provide an estimate of the debt level for each month.</p><p>Debt has begun its first sustained fall in a generation, three years before required by the fiscal rules. At Spring Statement 2019 the OBR forecast the level of public sector net debt in March 2022 will have fallen to 74.9% of GDP.</p> answering member constituency South West Norfolk answering member printed Elizabeth Truss question first answered 17/06/2019 13:38:17 answering member 4097 label Biography information for Elizabeth Truss
tabling member	1409 label Biography information for Mr Gregory Campbell

1131820

registered interest
date	12/06/2019
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Customs
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, pursuant to the Answer of 11 June to Questions 258889 and 258888, what steps his Department is taking to combat delays on Customs House clearance times for packages sent from EU member states.
tabling member constituency	Carshalton and Wallington
tabling member printed	Tom Brake
uin	263659
answer	answer is ministerial correction date of answer 17/06/2019 answer text <p>HMRC has been working closely with the industry in the event the UK leaves the EU without a deal, to ensure goods keep moving and avoid delays, while protecting security and revenue.</p> answering member constituency Hereford and South Herefordshire answering member printed Jesse Norman question first answered 17/06/2019 15:13:48 answering member 3991 label Biography information for Jesse Norman
tabling member	151 label Biography information for Tom Brake

1131836

registered interest
date	12/06/2019
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Financial Services
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 implications for his policy of the recommendations of the First Comprehensive Report by the Network for Greening the Financial System, co-authored by the Bank of England, published on 17 April 2019.
tabling member constituency	Stroud
tabling member printed	Dr David Drew
uin	263673
answer	answer is ministerial correction date of answer 17/06/2019 answer text <p>The government welcomes the report from the Network for Greening the Financial System and recognises that climate change is a source of financial risks. The government will publish a Green Finance Strategy this year that will set-out its approach to greening financial systems. The government has considered recommendations from the report as part of this process and is working closely with the Bank of England and the Financial Conduct Authority.</p> answering member constituency Salisbury answering member printed John Glen question first answered 17/06/2019 14:38:41 answering member 4051 label Biography information for John Glen
tabling member	252 label Biography information for Dr David Drew

1131860

registered interest
date	12/06/2019
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Public Sector: Procurement
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, pursuant to oral contribution of the Chief Secretary to the Treasury at the House of Lords Economic Affairs Committee meeting on 4 June what the selection process will be for the appointment of the delivery expert; and when that appointment will be announced.
tabling member constituency	Derbyshire Dales
tabling member printed	Sir Patrick McLoughlin
uin	263693
answer	answer is ministerial correction date of answer 17/06/2019 answer text <p>The Treasury will conduct a zero-based review of capital at the next Spending Review. It will include an assessment panel of Chief Economists from across government departments, who will provide technical assistance and expertise to Treasury officials scrutinising capital spending bids. These top economists will bring significant experience and expertise in appraising investment in many different sectors, covering economic and social infrastructure. The panel will also draw on the IPA, and functional expertise built up since 2015.</p><p> </p><p>The assessment panel will be formed ahead of the Spending Review.</p><p> </p> answering member constituency South West Norfolk answering member printed Elizabeth Truss question first answered 17/06/2019 14:49:20 answering member 4097 label Biography information for Elizabeth Truss
tabling member	333 label Biography information for Lord McLoughlin

1131178

registered interest
date	11/06/2019
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Customs Declaration Services Programme
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, whether the Customs Declaration Service is fully functional.
tabling member constituency	East Londonderry
tabling member printed	Mr Gregory Campbell
uin	263078
answer	answer is ministerial correction date of answer 17/06/2019 answer text <p>HMRC released the first Customs Declaration Service (CDS) import functions in August 2018 and started to release export functions at the end of March.</p><p> </p><p>Some businesses are using CDS and all will migrate to the new service once full functionality is in place. The existing CHIEF system will remain available to use until all businesses have migrated to CDS.</p> answering member constituency Hereford and South Herefordshire answering member printed Jesse Norman question first answered 17/06/2019 15:16:15 answering member 3991 label Biography information for Jesse Norman
tabling member	1409 label Biography information for Mr Gregory Campbell

1131182

registered interest
date	11/06/2019
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Winter Fuel Payment
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, if he will make an assessment of the administrative cost of means testing winter fuel payments.
tabling member constituency	East Londonderry
tabling member printed	Mr Gregory Campbell
uin	263079
answer	answer is ministerial correction date of answer 17/06/2019 answer text <p>The Confidence and Supply Agreement with the Democratic and Unionist Party, sets out that there will be no change to the universal nature of the Winter Fuel Payment.</p><p> </p> answering member constituency South West Norfolk answering member printed Elizabeth Truss question first answered 17/06/2019 16:07:39 answering member 4097 label Biography information for Elizabeth Truss
tabling member	1409 label Biography information for Mr Gregory Campbell

1131277

registered interest
date	11/06/2019
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	EU Grants and Loans: Easington
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, how much in EU funding Easington constituency has received in each of the last 10 years.
tabling member constituency	Easington
tabling member printed	Grahame Morris
uin	263133
answer	answer is ministerial correction date of answer 17/06/2019 answer text <p>The recently published Annual Statement on European Finances includes detailed information of the UK’s receipts in Annex D. It can be found online at: <a href="https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/806613/HMT_2018_Annual_Statement_on_European_Finances_web.pdf" target="_blank">https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/806613/HMT_2018_Annual_Statement_on_European_Finances_web.pdf</a></p><p> </p><p>HM Treasury does not hold information on the total level of European Union funding awarded to individual constituencies.</p> answering member constituency South West Norfolk answering member printed Elizabeth Truss question first answered 17/06/2019 12:24:21 answering member 4097 label Biography information for Elizabeth Truss
tabling member	3973 label Biography information for Grahame Morris

1131278

registered interest
date	11/06/2019
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	EU Grants and Loans: Easington
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, if he will make it his policy to guarantee funding allocations to Easington constituency after the UK leaves the EU which (a) match or (b) exceed the current level of EU funding.
tabling member constituency	Easington
tabling member printed	Grahame Morris
uin	263134
answer	answer is ministerial correction date of answer 17/06/2019 answer text <p>The Government has highlighted the UK’s intention to explore a future relationship with the European Union, as well as a commitment to consider programmes which are in line with the UK’s priorities on science, education and innovation such as Horizon 2020 and Erasmus and which will benefit all parts of the UK.</p><p>The Government has also pledged to domestically replace some EU programmes such as structural funds, fisheries and agriculture if/when needed. The Government has committed to establish the UK Shared Prosperity Fund (UKSPF) after we have left the European Union and EU Structural Funds. The Government will put in place new, domestic, long-term arrangements to support the UK’s fishing industry from 2021, through the creation of four new schemes comparable to EMFF to deliver funding for each nation. Details of the operation and priorities of both Funds will be announced following the Spending Review.</p> answering member constituency South West Norfolk answering member printed Elizabeth Truss question first answered 17/06/2019 15:16:36 answering member 4097 label Biography information for Elizabeth Truss
tabling member	3973 label Biography information for Grahame Morris

1131377

registered interest
date	11/06/2019
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	London Capital & Finance: Insolvency
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, whether he plans to establish an ad hoc compensation scheme for people affected by the collapse of London Capital and Finance.
tabling member constituency	Blackpool South
tabling member printed	Gordon Marsden
uin	263057
answer	answer is ministerial correction date of answer 17/06/2019 answer text <p>The administrators for London Capital &amp; Finance (LCF) are currently estimating recoveries for investors affected by LCF’s failure.</p><p>The Financial Services Compensation Scheme (FSCS), as the compensation scheme of last resort, can only provide compensation for claims connected with certain types of regulated activities. They are working closely with LCF’s administrators and the Financial Conduct Authority to understand more about LCF’s activities and whether there are grounds for compensation.</p><p>If there are circumstances that give rise to potentially valid claims, the FSCS will communicate this on their website. They have invited LCF investors to register for updates on their website. More information on this can be found at https://www.fscs.org.uk/failed-firms/lcf/.</p> answering member constituency Salisbury answering member printed John Glen question first answered 17/06/2019 14:30:39 answering member 4051 label Biography information for John Glen
tabling member	465 label Biography information for Gordon Marsden