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1542138

registered interest
date	15/11/2022
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Regional Planning and Development
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, what fiscal steps his Department is taking to encourage levelling up across the UK.
tabling member constituency	West Bromwich East
tabling member printed	Nicola Richards
uin	902266
answer	answer is ministerial correction date of answer 15/11/2022 answer text <p>The Levelling Up White Paper set out a clear plan to level up every corner of the UK by 2030.</p><p>The £150m Community Ownership Fund is helping communities across England, Scotland, Wales and Northern Ireland to take ownership of assets at risk of closure.</p><p>And we’re continuing to invest billions in regional infrastructure, including £1.7 billion already awarded through the Levelling Up Fund.</p> answering member constituency Salisbury answering member printed John Glen grouped question UIN 902265 question first answered 15/11/2022 15:03:20 answering member 4051 label Biography information for John Glen
tabling member	4868 label Biography information for Nicola Richards

1313202

registered interest
date	11/05/2021
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Investment: Fraud
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, what steps his Department is taking to tackle financial crime and protect individuals and businesses from fraudulent investment schemes.
tabling member constituency	West Bromwich East
tabling member printed	Nicola Richards
uin	566
answer	answer is ministerial correction date of answer 18/05/2021 answer text <p>The UK has been recognised as world leading in its response to economic crime. Criminals, however, are continuously adapting their methods and we know there is more work to be done to tackle financial crime and fraud.</p><p> </p><p>In 2019, the Government and private sector jointly published a landmark Economic Crime Plan. This Plan provides a collective articulation of 52 actions being taken by both the public and private sectors over the next three years to ensure the UK cannot be abused for economic crime.</p><p> </p><p>The Government has also agreed an ambitious framework for a Fraud Action Plan, covering years 2022 to 2025. This will include the Government working with industry, the intelligence services, law enforcement, and all partners to tackle fraud. The Home Office are developing the Fraud Action Plan and the Government will publish this after this year’s spending review.</p><p> </p><p> </p><p>Regulation also plays an important part in reducing the risk of fraud to consumers. As part of the Financial Conduct Authority’s (FCA) responsibility to ensure the integrity of UK financial markets, the FCA requires all authorised firms to have systems and controls in place to mitigate the risk that they be used to commit financial crime. Whilst the police have primary responsibility for investigating fraud the FCA also has powers to take a variety of enforcement action against firms that carry out fraudulent activity. The Treasury continues to keep the legislative framework under review to ensure that it is effective in reducing the risk of fraud.</p><p> </p><p>The Government takes fraud very seriously. We continue to work closely with industry to close down the vulnerabilities that fraudsters exploit and ensure members of the public have the information they need to spot a scam and stand up to fraudsters.</p> answering member constituency Salisbury answering member printed John Glen question first answered 18/05/2021 15:51:32 answering member 4051 label Biography information for John Glen
tabling member	4868 label Biography information for Nicola Richards

1249386

registered interest
date	06/11/2020
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Exports: VAT
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, if his Department will take steps to ensure that an economic impact assessment is conducted before the VAT Retail Export Scheme ceases to be valid in the UK on 1st January 2021.
tabling member constituency	West Bromwich East
tabling member printed	Nicola Richards
uin	112167
answer	answer is ministerial correction date of answer 11/11/2020 answer text <p>Ahead of the end of the transition period, the Government has announced the VAT and excise duty treatment of goods purchased by individuals for personal use and carried in their luggage arriving from or going overseas (passengers). The following rules will apply from 1 January 2021:</p><p>- Passengers travelling from Great Britain to any destination outside the United Kingdom (UK) will be able to purchase duty-free excise goods once they have passed security controls at ports, airports, and international rail stations.</p><p>- Personal allowances will apply to passengers entering Great Britain from a destination outside of the UK, with alcohol allowances significantly increased.</p><p>- The VAT Retail Export Scheme (RES) in Great Britain will not be extended to EU residents and will be withdrawn for all passengers.</p><p>- The concessionary treatment on tax-free sales for non-excise goods will be removed across the UK.</p><p> </p><p>The Government published a consultation which ran from 11 March to 20 May. During this time the Government held a number of virtual meetings with stakeholders to hear their views and received 73 responses to the consultation. The Government is also continuing to meet and discuss with stakeholders following the announcement of these policies.</p><p> </p><p>The detailed rationale for these changes are included in the written ministerial statement and summary of responses to the recent consultation: <a href="https://questions-statements.parliament.uk/written-statements/detail/2020-09-11/hcws448" target="_blank">https://questions-statements.parliament.uk/written-statements/detail/2020-09-11/hcws448</a> and <a href="https://www.gov.uk/government/consultations/a-consultation-on-duty-free-and-tax-free-goods-carried-by-passengers" target="_blank">https://www.gov.uk/government/consultations/a-consultation-on-duty-free-and-tax-free-goods-carried-by-passengers</a>. A technical note has also been issued to stakeholders to expand on this document and to respond to issues raised by stakeholders.</p><p> </p><p>HMRC estimate that VAT RES refunds cost around £0.5 billion in VAT in 2019 for around 1.2 million non-EU visitors. In 2019 the ONS estimate there were substantially more EU visitors (24.8 million) than non-EU passengers (16.0 million) to the UK. This implies an extension to EU residents would significantly increase the cost by up to an estimated £0.9 billion. This would result in a large amount of deadweight loss by subsidising spending from EU visitors which already happens without a refund mechanism in place, potentially taking the total cost up to around £1.4 billion per annum.</p><p> </p><p>The concessionary treatment on tax-free sales currently affects airports that fly to non-EU destinations. The extension of duty-free sales to EU bound passengers will be a significant boost to all airports in England, Scotland and Wales, including smaller regional airports which have not been able to offer duty-free to the EU before.</p><p> </p><p>HMRC estimate that around £150 million of VAT is not charged as a result of tax-free airside sales. As with the VAT RES, extending the relief to the EU would significantly increase the cost of the scheme and result in a large amount of deadweight loss by subsidising spending from EU-bound passengers which already happens.</p><p> </p><p>The final costings will be subject to scrutiny by the independent Office for Budget Responsibility and will be set out at the next forecast.</p><p> </p><p>The Government also recognises the challenges the aviation sector is facing as it recovers from the impacts of Covid-19 and has supported the sector throughout the pandemic, and continues to do so, including schemes to raise capital, flexibilities with tax bills, and financial support for employees.</p> answering member constituency Hereford and South Herefordshire answering member printed Jesse Norman grouped question UIN 91898 question first answered 11/11/2020 15:05:06 answering member 3991 label Biography information for Jesse Norman
tabling member	4868 label Biography information for Nicola Richards

1146126

registered interest
date	25/09/2019
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Gambling: Excise Duties
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, what the timeframe is for five-year review of remote gaming duty set out in the 2014 HMRC draft note on Remote Gambling Taxation Reform.
tabling member constituency	West Bromwich East
tabling member printed	Tom Watson
uin	290941
answer	answer is ministerial correction date of answer 30/09/2019 answer text <p>The benefits, revenue effects and administration of remote gambling taxation are subject to constant evaluation. We currently have no plans to publish any review or evaluation document.</p> answering member constituency Middlesbrough South and East Cleveland answering member printed Mr Simon Clarke question first answered 30/09/2019 16:00:39 answering member 4655 label Biography information for Sir Simon Clarke
tabling member	1463 label Biography information for Lord Watson of Wyre Forest

1139002

registered interest
date	15/07/2019
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Soft Drinks: Taxation
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, what plans he has to extend the soft drinks industry levy to milk replacement drinks containing sugar; and if he will make a statement.
tabling member constituency	West Bromwich East
tabling member printed	Tom Watson
uin	277130
answer	answer is ministerial correction date of answer 18/07/2019 answer text <p>Milk substitute drinks derived from plants are currently exempt from the soft drinks industry levy. At the time of the introduction of SDIL the Government committed to review this in 2020.</p><p>The government has no plans to extend SDIL at the present time.</p> answering member constituency Newark answering member printed Robert Jenrick question first answered 18/07/2019 16:59:26 answering member 4320 label Biography information for Robert Jenrick
tabling member	1463 label Biography information for Lord Watson of Wyre Forest

1139003

registered interest
date	15/07/2019
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Soft Drinks: Taxation
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, what plans he has to (a) extend the scope of the soft drinks industry levy to other products containing free sugars and (b) increase the rate of the levy.
tabling member constituency	West Bromwich East
tabling member printed	Tom Watson
uin	277131
answer	answer is ministerial correction date of answer 18/07/2019 answer text <p>The Government has no plans at this stage to extend the soft drinks industry levy beyond soft drinks. The Government has committed to review the exemption for sugary milk drinks in 2020.</p><p> </p> answering member constituency Newark answering member printed Robert Jenrick question first answered 18/07/2019 16:58:11 answering member 4320 label Biography information for Robert Jenrick
tabling member	1463 label Biography information for Lord Watson of Wyre Forest

1041287

registered interest
date	14/01/2019
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Music Venues: Non-domestic Rates
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 effect of trends in the level of business rates on the financial viability of small music venues.
tabling member constituency	West Bromwich East
tabling member printed	Tom Watson
uin	208216
answer	answer is ministerial correction date of answer 17/01/2019 answer text <p>HM Treasury Ministers and officials are in regular contact with their counterparts in other government departments on a range of issues, including business rates.</p><p> </p><p>Since Budget 2016, we have announced cuts worth more than £13bn to businesses over the next five years, including switching to CPI indexation, and making Small Business Rate Relief more generous so that 655,000 of the smallest businesses pay no rates at all. The government also introduced a £3.6bn transitional relief scheme to support ratepayers facing bill increases as a result of the 2017 property revaluation.</p><p> </p><p> </p><p>Budget 2018 announced a new business rates retail discount, cutting bills by a third for eligible businesses. As is set out in guidance, music venues may be eligible for the discount where they are broadly similar in nature to those properties listed as eligible. It is for local authorities to make that judgement.</p> answering member constituency Central Devon answering member printed Mel Stride grouped question UIN 208217 question first answered 17/01/2019 16:24:04 answering member 3935 label Biography information for Mel Stride
tabling member	1463 label Biography information for Lord Watson of Wyre Forest

1041293

registered interest
date	14/01/2019
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Music Venues: Non-domestic Rates
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, whether (a) he has and (b) officials of his Department have met with (i) his and (ii) their counterparts in the Department for Digital, Culture, Media and Sport to discuss extending business rates relief to small music venues.
tabling member constituency	West Bromwich East
tabling member printed	Tom Watson
uin	208217
answer	answer is ministerial correction date of answer 17/01/2019 answer text <p>HM Treasury Ministers and officials are in regular contact with their counterparts in other government departments on a range of issues, including business rates.</p><p> </p><p>Since Budget 2016, we have announced cuts worth more than £13bn to businesses over the next five years, including switching to CPI indexation, and making Small Business Rate Relief more generous so that 655,000 of the smallest businesses pay no rates at all. The government also introduced a £3.6bn transitional relief scheme to support ratepayers facing bill increases as a result of the 2017 property revaluation.</p><p> </p><p> </p><p>Budget 2018 announced a new business rates retail discount, cutting bills by a third for eligible businesses. As is set out in guidance, music venues may be eligible for the discount where they are broadly similar in nature to those properties listed as eligible. It is for local authorities to make that judgement.</p> answering member constituency Central Devon answering member printed Mel Stride grouped question UIN 208216 question first answered 17/01/2019 16:24:04 answering member 3935 label Biography information for Mel Stride
tabling member	1463 label Biography information for Lord Watson of Wyre Forest

1015542

registered interest
date	27/11/2018
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Soft Drinks: Taxation
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, pursuant to the Answer of 24 May to Question 146155, on Sugar: Taxation, if he will undertake a review of the exemption for milk drinks containing sugar to the Soft Drinks Industry Levy earlier than 2020.
tabling member constituency	West Bromwich East
tabling member printed	Tom Watson
uin	196182
answer	answer is ministerial correction date of answer 03/12/2018 answer text <p>The government is committed to reviewing the Soft Drinks Industry Levy in 2020, and there are no plans to alter this timeframe.</p> answering member constituency Newark answering member printed Robert Jenrick question first answered 03/12/2018 12:53:45 answering member 4320 label Biography information for Robert Jenrick
tabling member	1463 label Biography information for Lord Watson of Wyre Forest