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1700274

registered interest
date	12/04/2024
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Defence: Finance
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, what (a) fiscal and (b) economic conditions have to be met for defence spending to be raised to 2.5% of Gross Domestic Product.
tabling member constituency	Wells
tabling member printed	James Heappey
uin	21171
answer	answer is ministerial correction date of answer 17/04/2024 answer text <p>The government’s aspiration is to invest 2.5% of GDP on defence, when the fiscal and economic circumstances allow. The Prime Minister has been clear that the target and path towards 2.5% will be set out at the next Spending Review.</p><p>The government has consistently prioritised defence spending. The Ministry of Defence was the first department to get certainty on its budgets in this Parliament. This settlement was the largest sustained spending increase in defence since the end of the Cold War, with a £24 billion uplift in cash terms over the four-year period. In March 2023, we also provided an extra £11 billion for defence and national security priorities over the next five years, with £4.95 billion over the next two years.</p> answering member constituency Sevenoaks answering member printed Laura Trott question first answered 17/04/2024 10:54:11 answering member 4780 label Biography information for Laura Trott
tabling member	4528 label Biography information for James Heappey

1700413

registered interest
date	12/04/2024
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Money Laundering: Regulation
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, what recent discussions he has had with the Financial Conduct Authority on improving the effectiveness of money laundering regulations.
tabling member constituency	Mid Bedfordshire
tabling member printed	Alistair Strathern
uin	21300
answer	answer is ministerial correction date of answer 17/04/2024 answer text <p>Officials and Ministers regularly meet the Financial Conduct Authority in its capacity as the supervisor of financial institutions for anti-money laundering and counter-terrorist financing purposes.</p><p> </p><p>On 11 March 2024 HM Treasury launched a consultation on improving the effectiveness of the Money Laundering Regulations (<a href="https://www.gov.uk/government/consultations/improving-the-effectiveness-of-the-money-laundering-regulations" target="_blank">https://www.gov.uk/government/consultations/improving-the-effectiveness-of-the-money-laundering-regulations</a>).</p><p> </p><p>HM Treasury officials will be engaging with key stakeholders, including among others the FCA, throughout the consultation process.</p> answering member constituency Hitchin and Harpenden answering member printed Bim Afolami question first answered 17/04/2024 10:43:36 answering member 4639 label Biography information for Bim Afolami
tabling member	5000 label Biography information for Alistair Strathern

1700539

registered interest
date	12/04/2024
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Childcare: Taxation
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 merits of increasing the childcare tax free cap.
tabling member constituency	Belfast South
tabling member printed	Claire Hanna
uin	21426
answer	answer is ministerial correction date of answer 17/04/2024 answer text <p>Tax-Free Childcare provides financial support for working parents with their childcare costs. For every £8 parents pay into their childcare account, the Government adds £2 up to a maximum of £2,000 in top up per year for each child up to age 11 and up to £4,000 per disabled child until they’re 17.</p><p> </p><p>The Government recognizes the importance of supporting parents with the costs of childcare and continues to support families with a range of other childcare offers, including the free hours offer, and support through Universal Credit childcare.</p> answering member constituency Sevenoaks answering member printed Laura Trott question first answered 17/04/2024 13:07:51 answering member 4780 label Biography information for Laura Trott
tabling member	4827 label Biography information for Claire Hanna

1699292

registered interest
date	27/03/2024
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	EU Budget: Contributions
house id	2
legislature	25277 pref label House of Lords
question text	To ask His Majesty's Government, further to the Written Answer by Baroness Vere of Norbiton on 27 March (HL3259), whether they will now answer the question put; namely, how much money the United Kingdom pays to the European Union annually; on what that money is spent; and what plans they have, and to what timescale, for its reduction.
tabling member printed	Lord Pearson of Rannoch
uin	HL3689
answer	answer is ministerial correction date of answer 12/04/2024 answer text <p>At the Spring Budget 2020 following withdrawal from the EU the OBR estimated that there was £42.3bn more to spend on public services between 2020-21 and 2024-25 than would have been the case had we stayed in the EU. This additional spending has been included in the overall spending plans set out at Spending Reviews since we left the EU.</p><p>The financial settlement as set out in the Withdrawal Agreement ensures the UK only pays its past obligations as a departing Member State and does not relate to any continuing or future arrangements. As set out in the European Union Finances Statement 2023 (available in the library of the House and on Gov.uk), the UK is estimated to have paid £6.1bn in net liabilities in 2023 as part of this settlement.</p><p>Where the UK has decided it is in its interests to cooperate with the EU further, for instance on Horizon Europe, details of payments are set out in the relevant departments’ annual account.</p> answering member printed Lord Roborough question first answered 12/04/2024 12:54:29 answering member 4953 label Biography information for Lord Roborough
tabling member	3153 label Biography information for Lord Pearson of Rannoch

1699319

registered interest
date	27/03/2024
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Interparliamentary Finance Committee Forum
house id	2
legislature	25277 pref label House of Lords
question text	To ask His Majesty's Government why no Minister attended the meeting on 21 March of the Interparliamentary Finance Committee Forum with members of the Scottish Parliament and Senedd Cymru.
tabling member printed	Baroness Bennett of Manor Castle
uin	HL3655
answer	answer is ministerial correction date of answer 12/04/2024 answer text <p>The Government recognises the importance of the devolved legislature finance committees’ roles in providing rigorous scrutiny to devolved administration budgets and holding devolved administration ministers to account for their policy and budgetary decisions. As the previous Chief Secretary to the Treasury set out in his letters to the Senedd Finance Committee and the Finance and Public Administration Committee last year, we are mindful of parliamentary accountabilities where UK Government is accountable to the UK Parliament for its tax and spending decisions.</p> answering member printed Lord Roborough question first answered 12/04/2024 13:10:02 answering member 4953 label Biography information for Lord Roborough
tabling member	4719 label Biography information for Baroness Bennett of Manor Castle

1698871

registered interest
date	26/03/2024
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	UK Emissions Trading Scheme: Northern Ireland
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, how much his Department received in Emissions Trading Scheme fees from (a) Belfast International, (b) Belfast City and (c) Londonderry airport in the financial year 2022/23.
tabling member constituency	East Londonderry
tabling member printed	Mr Gregory Campbell
uin	20551
answer	answer is ministerial correction date of answer 15/04/2024 answer text <p>Belfast International, Belfast City and Londonderry airports are not covered by the UK Emissions Trading Scheme and therefore do not contribute to Emission Trading Scheme revenue.</p><p><strong> </strong></p> answering member constituency Grantham and Stamford answering member printed Gareth Davies question first answered 15/04/2024 08:33:34 answering member 4850 label Biography information for Gareth Davies
tabling member	1409 label Biography information for Mr Gregory Campbell

1698873

registered interest
date	26/03/2024
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Tourism: VAT
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 impact of re-introducing tax-free shopping for international visitors on retail businesses.
tabling member constituency	Romford
tabling member printed	Andrew Rosindell
uin	20557
answer	answer is ministerial correction date of answer 17/04/2024 answer text <p>The government published its next steps on tax-free shopping in the Spring Budget 2024 which is available here: https://www.gov.uk/government/publications/spring-budget-2024/spring-budget-2024-html.</p><p> </p><p>The OBR published a review of the original 2020 costing of the withdrawal of tax-free shopping in the Economic and Fiscal Outlook on 6 March, with a follow up supplementary document published on 11 March, which is available here: https://obr.uk/docs/dlm_uploads/VAT-RES-costing-review.pdf.</p><p>The government welcomes further submissions in response to the OBR’s findings.</p><p><strong> </strong></p> answering member constituency Mid Worcestershire answering member printed Nigel Huddleston question first answered 17/04/2024 08:53:46 answering member 4407 label Biography information for Nigel Huddleston
tabling member	1447 label Biography information for Andrew Rosindell

1698886

registered interest
date	26/03/2024
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	National Insurance Contributions: State Retirement Pensions
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, pursuant to the Answer of 14 March 2024 to Question 17582 on National Insurance Contributions: State Retirement Pensions, whether his Department has made an assessment of the potential impact of abolishing, rather than reducing, national insurance contributions on state pension entitlements.
tabling member constituency	Leicester West
tabling member printed	Liz Kendall
uin	20605
answer	answer is ministerial correction date of answer 15/04/2024 answer text <p>Cutting NICs rates does not affect anyone’s entitlement to the State Pension or contributory benefits.</p> answering member constituency Mid Worcestershire answering member printed Nigel Huddleston question first answered 15/04/2024 08:29:45 answering member 4407 label Biography information for Nigel Huddleston
tabling member	4026 label Biography information for Liz Kendall

1698975

registered interest
date	26/03/2024
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Asian Infrastructure Investment Bank
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, how many of his Department's staff are seconded to the Asian Infrastructure Investment Bank and for what purpose.
tabling member constituency	East Worthing and Shoreham
tabling member printed	Tim Loughton
uin	20494
answer	answer is ministerial correction date of answer 15/04/2024 answer text <p>HM Treasury pursues secondments with a wide range of partners to represent the Treasury, deepen our exchange with other institutions whilst also honing the skills and experience of our staff beyond the Civil Service environment.</p> answering member constituency Hitchin and Harpenden answering member printed Bim Afolami question first answered 15/04/2024 14:26:06 answering member 4639 label Biography information for Bim Afolami
tabling member	114 label Biography information for Tim Loughton

1698976

registered interest
date	26/03/2024
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Asian Infrastructure Investment Bank
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, what funding the UK has committed to the Asian Infrastructure Investment Bank since becoming a member.
tabling member constituency	East Worthing and Shoreham
tabling member printed	Tim Loughton
uin	20495
answer	answer is ministerial correction date of answer 17/04/2024 answer text <p>Details on UK funding committed to the Asian Infrastructure Investment Bank (AIIB) can be found in the <a href="https://www.legislation.gov.uk/ukdsi/2015/9780111138960" target="_blank">AIIB Capital Order 2015</a> and in the <a href="https://www.gov.uk/government/publications/asian-infrastructure-investment-bank-aiib-special-fund" target="_blank">published guidance relating to the AIIB Project Preparation Special Fund.</a></p><p> </p> answering member constituency Hitchin and Harpenden answering member printed Bim Afolami question first answered 17/04/2024 08:57:24 answering member 4639 label Biography information for Bim Afolami
tabling member	114 label Biography information for Tim Loughton