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1138559
registered interest false more like this
date less than 2019-07-11more like thismore than 2019-07-11
answering body
Treasury remove filter
answering dept id 14 more like this
answering dept short name Treasury more like this
answering dept sort name Treasury more like this
hansard heading Pensions: Tax Allowances more like this
house id 2 more like this
legislature
25277
pref label House of Lords more like this
question text To ask Her Majesty's Government what assessment they have made of the implications of recent changes to the Lifetime Allowance for pension benefits for those in (1) the legal profession, (2) the medical profession, and (3) other professions; and of the case for reviewing those changes. more like this
tabling member printed
Baroness McIntosh of Pickering more like this
uin HL17117 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2019-07-18more like thismore than 2019-07-18
answer text <p>Pensions tax relief is one of the most expensive reliefs in the personal tax system. In 2017/18 income tax and employer National Insurance Contributions relief cost over £50 billion, with around two-thirds going to higher and additional rate taxpayers. As confirmed at Autumn Budget 2017, from April 2018 the lifetime allowance will increase in line with CPI, in order that the value of this benefit is able to keep pace with inflation. This means from April 2019 the lifetime allowance has risen to £1,055,000.</p><p> </p><p>The same tax rules must apply identically to everyone in the same situation, regardless of their employer.</p><p> </p><p>However, across all public service workforces the Government looks at remuneration in the round and takes action when required to ensure delivery of world class public services. Where there is evidence that the delivery of services is being impacted, the Government takes appropriate action to address this, in line with our principles for pay and pensions policy. This is why we have introduced a temporary, taxable, Recruitment and Retention allowance for a small section of the judiciary, and will shortly bring forward a consultation on a new 50:50 pensions flexibility for senior clinicians in the NHS pension scheme.</p><p> </p><p>All aspects of the tax system are kept under review and are subject to change through the annual Budget, in the context of the wider public finances. Any future changes to the tax system will be announced through this process.</p><p> </p>
answering member printed Lord Young of Cookham more like this
question first answered
less than 2019-07-18T11:12:10.21Zmore like thismore than 2019-07-18T11:12:10.21Z
answering member
57
label Biography information for Lord Young of Cookham more like this
tabling member
384
label Biography information for Baroness McIntosh of Pickering more like this
1137813
registered interest false more like this
date less than 2019-07-09more like thismore than 2019-07-09
answering body
Treasury remove filter
answering dept id 14 more like this
answering dept short name Treasury more like this
answering dept sort name Treasury more like this
hansard heading Railways: Midlands more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask the Chancellor of the Exchequer, what discussions he has had with the Secretary of State for Transport on the funding of the outline business case for the Midlands Rail hub; and if he will make a statement. more like this
tabling member constituency Gedling more like this
tabling member printed
Vernon Coaker more like this
uin 275114 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2019-07-15more like thismore than 2019-07-15
answer text <p>The Chancellor of the Exchequer and the Secretary of State for Transport regularly discuss a variety of transport proposals. The Department for Transport is currently reviewing the Strategic Outline Business Case for the proposed Midlands Rail Hub, including the request for funding to undertake an Outline Business Case.</p> more like this
answering member constituency South West Norfolk more like this
answering member printed Elizabeth Truss more like this
question first answered
less than 2019-07-15T14:32:45.717Zmore like thismore than 2019-07-15T14:32:45.717Z
answering member
4097
label Biography information for Elizabeth Truss more like this
tabling member
360
label Biography information for Lord Coaker more like this
1135700
registered interest false more like this
date less than 2019-07-01more like thismore than 2019-07-01
answering body
Treasury remove filter
answering dept id 14 more like this
answering dept short name Treasury more like this
answering dept sort name Treasury more like this
hansard heading Married People: Tax Allowances more like this
house id 2 more like this
legislature
25277
pref label House of Lords more like this
question text To ask Her Majesty's Government how many people claimed the Marriage Allowance in the 2018–19 financial year; and what steps they are taking to increase the uptake of that allowance. more like this
tabling member printed
Baroness Eaton more like this
uin HL16793 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2019-07-15more like thismore than 2019-07-15
answer text <p>The Marriage Allowance was introduced in April 2015 to recognise the importance of marriage and civil partnerships through the tax system, and support those on low incomes by helping them keep more of the money they earn. There were 1.78m claimants for the Marriage Allowance in 2018-19.</p><p> </p><p>The Government has taken significant steps to encourage people to claim for the Marriage Allowance. HM Revenue and Customs ran a series of both free and paid-for marketing campaigns, which ran between October 2015 and March 2017, and continue to raise awareness through ongoing communication on social media and on GOV.UK. Marriage Allowance can be claimed through the Personal Tax Account on GOV.UK or by phone to HMRC. The Marriage Allowance can be backdated to 2015-16 when it was introduced. This means eligible couples can claim a total of £1,150 if not claimed before.</p> more like this
answering member printed Lord Young of Cookham more like this
question first answered
less than 2019-07-15T14:37:52.733Zmore like thismore than 2019-07-15T14:37:52.733Z
answering member
57
label Biography information for Lord Young of Cookham more like this
tabling member
4184
label Biography information for Baroness Eaton more like this
1135701
registered interest false more like this
date less than 2019-07-01more like thismore than 2019-07-01
answering body
Treasury remove filter
answering dept id 14 more like this
answering dept short name Treasury more like this
answering dept sort name Treasury more like this
hansard heading Married People: Tax Allowances more like this
house id 2 more like this
legislature
25277
pref label House of Lords more like this
question text To ask Her Majesty's Government what assessment they have made of the effectiveness of the Marriage Allowance; and what plans they have to review that allowance. more like this
tabling member printed
Baroness Eaton more like this
uin HL16794 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2019-07-15more like thismore than 2019-07-15
answer text <p>The Marriage Allowance was introduced in April 2015 to recognise the importance of marriage and civil partnerships in the tax system, and support those on low incomes by helping them keep more of the money they earn.</p><p> </p><p>The Marriage Allowance is effective as it gives extra financial support to those couples eligible for it. In 2018/19, 1.78m couples benefitted from the Marriage Allowance which is worth up to £250 a year. The Marriage Allowance can be backdated to 2015-16 when it was introduced. This means eligible couples can claim a total of £1,150 if not claimed before.</p><p> </p><p>As with all aspects of Government policy, the Marriage Allowance will be kept under review and any decisions on future changes will be taken as part of the annual Budget process in the context of the wider public finances.</p> more like this
answering member printed Lord Young of Cookham more like this
question first answered
less than 2019-07-15T14:38:24.653Zmore like thismore than 2019-07-15T14:38:24.653Z
answering member
57
label Biography information for Lord Young of Cookham more like this
tabling member
4184
label Biography information for Baroness Eaton more like this
1135702
registered interest false more like this
date less than 2019-07-01more like thismore than 2019-07-01
answering body
Treasury remove filter
answering dept id 14 more like this
answering dept short name Treasury more like this
answering dept sort name Treasury more like this
hansard heading Freezing of Assets: Libya more like this
house id 2 more like this
legislature
25277
pref label House of Lords more like this
question text To ask Her Majesty's Government how much revenue has been raised from frozen Libyan assets in London in each of the last five years for which figures are available. more like this
tabling member printed
Lord Empey more like this
uin HL16795 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2019-07-15more like thismore than 2019-07-15
answer text The Government’s response of 24 June to the Northern Ireland Affairs Committee report (into Government support for UK victims of IRA attacks that used Qadhafi-supplied Semtex and weapons) set out the information the Government had obtained about tax receipts on frozen Libyan assets held in UK banks. The response states: “Around £17 million has been received in total since the start of the 2016-17 tax year. HMRC currently receives around £5 million each year.” more like this
answering member printed Lord Young of Cookham more like this
question first answered
less than 2019-07-15T14:36:41.99Zmore like thismore than 2019-07-15T14:36:41.99Z
answering member
57
label Biography information for Lord Young of Cookham more like this
tabling member
4216
label Biography information for Lord Empey more like this