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1130339

registered interest
date	06/06/2019
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Public Sector: 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 number of people working in the public sector that are subject to the 2019 loan charge; and if he will make a statement.
tabling member constituency	Welwyn Hatfield
tabling member printed	Grant Shapps
uin	261176
answer	answer is ministerial correction date of answer 11/06/2019 answer text <p>Disguised Remuneration (DR) schemes are contrived arrangements that pay loans in place of ordinary remuneration, with the sole purpose of avoiding income tax and National Insurance contributions. The loans are provided on terms that mean they are not repaid in practice, so they are no different to normal income and are, and always have been, taxable.</p><p> </p><p>The Government estimates that around 50,000 individuals could be affected by the 2019 loan charge. Further information on who the charge affects can be found at page 17 of HM Treasury’s report on time limits and the charge on disguised remuneration loans:</p><p> </p><p><a href="https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/789160/DR_loan_charge_review_web.pdf" target="_blank">https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/789160/DR_loan_charge_review_web.pdf</a>.</p><p> </p><p>This shows, for example, that 65% of the DR user population worked in business services, and only 3% worked in medical or education services.</p> answering member constituency Hereford and South Herefordshire answering member printed Jesse Norman question first answered 11/06/2019 14:31:34 answering member 3991 label Biography information for Jesse Norman
tabling member	1582 label Biography information for Grant Shapps

1130342

registered interest
date	06/06/2019
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Business: Exports
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, how many firms registered under the Registered Exporter system in (a) 2017 and (b) 2018.
tabling member constituency	East Londonderry
tabling member printed	Mr Gregory Campbell
uin	261120
answer	answer is ministerial correction date of answer 11/06/2019 answer text 12,161 exporters registered under the Registered Exporter system in 2017. 28 exporters registered under the Registered Exporter system in 2018. answering member constituency Hereford and South Herefordshire answering member printed Jesse Norman question first answered 11/06/2019 14:34:03 answering member 3991 label Biography information for Jesse Norman
tabling member	1409 label Biography information for Mr Gregory Campbell

1130404

registered interest
date	06/06/2019
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Greenhouse Gas Emissions
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, with reference to the Financial Times article entitled UK net zero emissions target will cost more than £1tn, published on 5 June 2019, if he will place a copy of his letter to the Prime Minister on the costs and benefits of moving to a net zero target for UK greenhouse gas emissions in the House of Commons Library.
tabling member constituency	Southampton, Test
tabling member printed	Dr Alan Whitehead
uin	261071
answer	answer is ministerial correction date of answer 11/06/2019 answer text <p>It has been the longstanding policy of successive governments not to comment on the content of leaked material.</p> answering member constituency Newark answering member printed Robert Jenrick question first answered 11/06/2019 12:41:50 answering member 4320 label Biography information for Robert Jenrick
tabling member	62 label Biography information for Dr Alan Whitehead

1130405

registered interest
date	06/06/2019
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 programmes were allocated funding from the Soft Drinks Industry Levy in 2018-2019.
tabling member constituency	Coventry South
tabling member printed	Mr Jim Cunningham
uin	261102
answer	answer is ministerial correction date of answer 11/06/2019 answer text <p>In 2018-19 the following programmes were allocated money through funds collected from the levy:</p><p> </p><ul><li>The PE and Sport Premium;</li><li>The Healthy Pupils Capital Fund;</li><li>Breakfast Clubs in over 1700 Schools</li><li>The Essential Life Skills (ELS) programme</li><li>Activities to support Mental Health/Personal, Social, Health and Economic (PSHCE)</li></ul><p> </p><p>The funding from the Soft Drink Industry Levy has meant the following increases in allocations in recent years:</p><p> </p><ul><li>In September 2017 DfE doubled the primary school PE and sport premium from £160 million per year to £320 million per year to help schools support healthier, more active lifestyles. This funding will enable primary schools to make further improvements to the quality and breadth of PE and sport they offer</li></ul><p> </p><ul><li>The Levy has provided up to £26 million funding to expand breakfast clubs in up to 1,700 schools</li></ul><p> </p><p>The Devolved Administrations receive money from the levy through the Barnett formula. We do not hold information on the programmes they choose to support.</p> answering member constituency South West Norfolk answering member printed Elizabeth Truss question first answered 11/06/2019 12:56:29 answering member 4097 label Biography information for Elizabeth Truss
tabling member	308 label Biography information for Mr Jim Cunningham

1130411

registered interest
date	06/06/2019
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Doctors: Pensions
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, what progress has been made on amending the tapered annual allowance for NHS doctors.
tabling member constituency	Coventry South
tabling member printed	Mr Jim Cunningham
uin	261103
answer	answer is ministerial correction date of answer 11/06/2019 answer text <p>The pension tax rules apply equally across all registered public and private sector defined benefit schemes, including the NHS Pension Scheme. The Government keeps all aspects of the tax system under review through the annual Budget process.</p><p> </p><p>On the 3 June 2019 the SoS for Health and Social Care announced his intention to consult on implementing a new pension flexibility for senior clinicians in the NHS Pension Scheme for England and Wales, to provide a structured way for clinicians to manage their NHS pension growth.</p> answering member constituency South West Norfolk answering member printed Elizabeth Truss question first answered 11/06/2019 10:50:01 answering member 4097 label Biography information for Elizabeth Truss
tabling member	308 label Biography information for Mr Jim Cunningham

1130448

registered interest
date	06/06/2019
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Financial Services: Taxation
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, how much the UK FinTech industry paid the Exchequer in tax revenue in (a) 2017-18 and (b) 2016-17 financial years.
tabling member constituency	Windsor
tabling member printed	Adam Afriyie
uin	261178
answer	answer is ministerial correction date of answer 14/06/2019 answer text <p>HM Revenue and Customs (HMRC) publishes annual statistics relating to income tax, VAT and corporation tax by industry (including the Financial and Insurance Activities Sector). However, HMRC cannot identify receipts from the UK FinTech industry specifically.</p><p> </p><p>For other taxes, industry-level information is not available.</p><p> </p><p>For business rates, the Ministry of Housing, Communities &amp; Local Government collects data only at local authority level and is unable to provide a breakdown by industry.</p> answering member constituency Hereford and South Herefordshire answering member printed Jesse Norman question first answered 14/06/2019 07:46:18 answering member 3991 label Biography information for Jesse Norman
tabling member	1586 label Biography information for Adam Afriyie

1129969

registered interest
date	05/06/2019
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Taxation: Electronic Government
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 efficacy of the Making Tax Digital changes that were implemented in April 2019.
tabling member constituency	East Londonderry
tabling member printed	Mr Gregory Campbell
uin	260563
answer	answer is ministerial correction date of answer 10/06/2019 answer text <p>There are now over 340,000 businesses in the MTD for VAT service, and over 200,000 VAT returns have been successfully submitted. Businesses need to use the MTD service for their first VAT return period starting on or after 1 April, so for the majority, who file quarterly, their first VAT return through MTD will not be due until 7 August at the earliest.</p><p> </p><p>HMRC has published a statement of impacts for the Making Tax Digital for Business programme, which is available at the following link:</p><p> </p><p>https://www.gov.uk/government/publications/making-tax-digital-changing-the-scope-and-pace-technical-note/making-tax-digital-for-business.</p><p> </p><p>HMRC is monitoring the number of sign-ups closely, as well as MTD’s effectiveness.</p> answering member constituency Hereford and South Herefordshire answering member printed Jesse Norman question first answered 10/06/2019 14:31:19 answering member 3991 label Biography information for Jesse Norman
tabling member	1409 label Biography information for Mr Gregory Campbell

1129973

registered interest
date	05/06/2019
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Bus Services: Concessions
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, if he will protect the concessionary bus pass in the forthcoming Spending Review.
tabling member constituency	Birmingham, Selly Oak
tabling member printed	Steve McCabe
uin	260537
answer	answer is ministerial correction date of answer 11/06/2019 answer text <p>Decisions on public spending, including on concessionary travel, will be made in the round as part of the Spending Review.</p> answering member constituency South West Norfolk answering member printed Elizabeth Truss question first answered 11/06/2019 10:53:49 answering member 4097 label Biography information for Elizabeth Truss
tabling member	298 label Biography information for Steve McCabe

1129985

registered interest
date	05/06/2019
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Pensioners: Income
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, what recent assessment he has made of the ability of consumers to make an informed choice when accessing retirement income products.
tabling member constituency	Wallasey
tabling member printed	Ms Angela Eagle
uin	260554
answer	answer is ministerial correction date of answer 10/06/2019 answer text <p>The Government recognises that people need the right support and guidance to make decisions that best suit their evolving personal circumstances. That is why the Government introduced Pension Wise, a service provided by the Money and Pensions Service (MAPS) that offers everyone aged 50 and over who has a defined contribution pension, free and impartial guidance on their range of available choices at retirement.</p><p> </p><p>The Financial Conduct Authority (FCA) found in its Retirement Outcomes Review in 2018 that consumer engagement in the retirement market is low and there are low levels of shopping around. As part of remedies to improve this, the FCA has set new requirements for pension providers to send more frequent ‘wake-up packs’ to their consumers, which include a summary of their open market options.</p><p> </p><p>The Money Advice Service (provided by MAPS) also offers a guaranteed income product comparator tool and is developing a drawdown comparator tool, to make it easier for consumers to compare the different options available to them.</p> answering member constituency Salisbury answering member printed John Glen question first answered 10/06/2019 11:08:05 answering member 4051 label Biography information for John Glen
tabling member	491 label Biography information for Dame Angela Eagle

1129987

registered interest
date	05/06/2019
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Pensions
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 adequacy of the regulatory and governance standards in the pensions industry in ensuring that drawdown products are appropriate for consumers.
tabling member constituency	Wallasey
tabling member printed	Ms Angela Eagle
uin	260555
answer	answer is ministerial correction date of answer 10/06/2019 answer text <p>The Financial Conduct Authority (FCA) is the regulator of pensions decumulation products, including drawdown products.</p><p> </p><p>The FCA conducted the Retirement Outcomes Review into the retirement income market, publishing the final report in 2018. The final report particularly focused on investment choices and charges in drawdown. As a result of its findings, it is introducing or consulting on a number of remedies to protect consumers from poor outcomes and promote competition in the market. These include the introduction of investment pathways and a requirement for consumers entering drawdown to receive clearer information on charges. The FCA is also currently consulting on extending the remit of Independent Governance Committees (IGCs) to investment pathways.</p><p> </p><p>As the remedies will be a significant intervention in the drawdown market, the FCA plans to conduct a detailed review of the impact of investment pathways one year after implementation to consider how well the remedy is working.</p> answering member constituency Salisbury answering member printed John Glen question first answered 10/06/2019 11:10:53 answering member 4051 label Biography information for John Glen
tabling member	491 label Biography information for Dame Angela Eagle