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

1568039

registered interest
date	18/01/2023
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Electric Vehicles: Charging Points
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, if his Department will make an assessment of the potential merits of bringing the rate of VAT for public electric vehicle charging in line with the rate of charging at home.
tabling member constituency	Bath
tabling member printed	Wera Hobhouse
uin	126758
answer	answer is ministerial correction date of answer 25/01/2023 answer text <p>In order to keep costs down for families, the supply of electricity for domestic use, including charging an electric vehicle (EV) at home, attracts the reduced rate of VAT (five per cent). However, electricity supplied at EV charging points in public places is subject to the standard rate of VAT (twenty per cent).</p><p> </p><p>The Government has not specifically introduced a reduced rate for charging EVs at home. However, the practical challenges of differentiating between the electricity used at home for general domestic purposes, and electricity used to charge EVs currently mean that the reduced rate is effectively being applied to EV charging at home.</p><p> </p><p>Introducing a VAT relief for public EV charging to match the VAT treatment of domestic fuel and power would impose additional pressure on the public finances, to which VAT makes a significant contribution. VAT is the UK’s third largest tax forecast to raise £157 billion in 2022/23, helping to fund key spending priorities such as important public services, including the NHS, education and defence.</p><p> </p><p>The Government is committed to supporting the transition to zero emission vehicles to help the UK meet its net zero obligations. The Government has committed £2.5 billion since 2020 to support the transition to zero emission vehicles, which funds targeted vehicle incentives and the rollout of charging infrastructure.</p> answering member constituency Louth and Horncastle answering member printed Victoria Atkins question first answered 25/01/2023 16:51:51 answering member 4399 label Biography information for Victoria Atkins
tabling member	4602 label Biography information for Wera Hobhouse

1519050

registered interest
date	10/10/2022
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Tax Avoidance
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, if he will commission an independent review into the adequacy of the Government's loan charge policy.
tabling member constituency	Bath
tabling member printed	Wera Hobhouse
uin	59120
answer	answer is ministerial correction date of answer 18/10/2022 answer text <p>The 2019 Independent Loan Charge Review drew upon all the available evidence and expert advice to consider the appropriateness of the Loan Charge policy, and its impact on individuals, reflecting the main concerns that had been raised by MPs and campaigners. The Government accepted all but one of the twenty recommendations in the review.</p><p> </p><p>While there are no plans for a further independent review, the Government continues to look carefully at this issue to ensure that we provide taxpayers with all the support they need.</p> answering member constituency North East Bedfordshire answering member printed Richard Fuller question first answered 18/10/2022 15:49:14 answering member 3912 label Biography information for Richard Fuller
tabling member	4602 label Biography information for Wera Hobhouse

1519282

registered interest
date	10/10/2022
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Tax Avoidance
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, what estimate he has made of the revenue that will accrue to the Treasury from the loan charge.
tabling member constituency	Bath
tabling member printed	Wera Hobhouse
uin	59970
answer	answer is ministerial correction date of answer 18/10/2022 answer text <p>The Loan Charge was announced at Budget 2016 as part of a package of measures to tackle Disguised Remuneration (DR) tax avoidance. At Spring Statement 2022, this package was estimated to bring in an estimated overall Exchequer yield of £3.4 billion. The changes resulting from the 2019 independent review of the Loan Charge have reduced the Exchequer yield by an estimated £620 million.</p><p> </p><p>HMRC will go to the employer to settle the tax due or collect the Loan Charge in the first instance. Approximately 80 per cent of the £3.4 billion HMRC brought into charge through DR settlements between Budget 2016 and the end of March 2022 was from employers.</p><p> </p><p>However, liability for the tax is always that of the individual and HMRC will consider other options when collection from the employer is not possible, such as when the employer no longer exists or is based offshore. Parliament has provided a range of statutory powers allowing HMRC, in certain circumstances, to collect the amount due from the employee.</p><p> </p><p>HMRC’s lawyers considered all of these points when providing legal advice that informed this policy’s development.</p> answering member constituency North East Bedfordshire answering member printed Richard Fuller grouped question UIN 59061 question first answered 18/10/2022 15:48:38 answering member 3912 label Biography information for Richard Fuller
tabling member	4602 label Biography information for Wera Hobhouse