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1168871

registered interest
date	06/01/2020
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Pupils: Per Capita Costs
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, whether he plans to increase the level of per pupil funding.
tabling member constituency	Sedgefield
tabling member printed	Paul Howell
uin	900040
answer	answer is ministerial correction date of answer 07/01/2020 answer text <p>At last year’s Spending Round, the Chancellor announced a £7.1 billion increase in schools funding by 2022-23 compared to this year.</p><p> </p><p>This will level up funding across the country and ensure at least £5,000 a year for every secondary school pupil next year, and £4,000 a year for every primary school pupil by 2021-22.</p> answering member constituency Richmond (Yorks) answering member printed Rishi Sunak question first answered 07/01/2020 14:41:48 answering member 4483 label Biography information for Rishi Sunak
tabling member	4830 label Biography information for Paul Howell

1168883

registered interest
date	06/01/2020
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Money Laundering
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, what his policy is on preventing banks in the UK being used as depositories in the laundering of state funds from other nations.
tabling member constituency	Edinburgh North and Leith
tabling member printed	Deidre Brock
uin	408
answer	answer is ministerial correction date of answer 14/01/2020 answer text <p><strong>H</strong>M Treasury is responsible for the Money Laundering Regulations 2017 (‘the Regulations’). The Regulations set out the high-level requirements on regulated firms to combat money laundering and ensure that key professionals identify their customers and understand the purpose behind transactions, including the source of funds. The Regulations are designed to combat illicit finance, while minimising the burden on legitimate customers.</p><p> </p><p>The Regulations require firms in scope of the regulations to have in place appropriate risk-management systems and procedures to determine whether a customer (or their beneficial owner) is a Politically Exposed Person (PEP), family member of a PEP or close associate of a PEP.</p><p> </p><p>PEPs are individuals entrusted with a prominent public function. This definition includes but is not limited to heads of state, heads of government, ministers and deputy or assistant ministers, members of parliament or of similar legislative bodies.</p><p> </p><p>PEPs can pose a high money laundering risk because they may be able to abuse their position for private gain. Not all PEPs, however, pose the same money laundering risk; there is a hierarchy depending on country of origin and rank, from middle tier officials to individuals with significant or absolute control over the levers, patronage and resources in a given area. For example, the Financial Conduct Authority’s guidance states that UK PEPs should be considered as lower risk.</p><p> </p><p>Where a firm has identified that a customer (or their beneficial owner) is a PEP, family member or close associate of a PEP, it must conduct an appropriate range of Enhanced Due Diligence (EDD) measures. When carrying out EDD on PEPs, firms must take adequate measures to establish the source of wealth and source of funds which are involved in the proposed transaction or business relationship, get approval from senior management to establish or continue a relationship with that person and carry out enhanced monitoring of the business relationship.</p> answering member constituency Salisbury answering member printed John Glen question first answered 14/01/2020 12:37:18 answering member 4051 label Biography information for John Glen
tabling member	4417 label Biography information for Deidre Brock

1168890

registered interest
date	06/01/2020
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Sleeping Rough
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 Secretary of State for Housing, Communities and Local Government on the adequacy of funding allocated to tackling rough sleeping.
tabling member constituency	Slough
tabling member printed	Mr Tanmanjeet Singh Dhesi
uin	448
answer	answer is ministerial correction date of answer 09/01/2020 answer text <p>This Government is committed to ending rough sleeping by the end of the Parliament. That is why last year’s Spending Round announced total resource funding of £422m to reduce rough sleeping and homelessness in 2020/21. This followed on from discussions with the Secretary of State for Housing, Communities and Local Government and represents a £54m increase in funding – a real terms increase of 13%.</p> answering member constituency Richmond (Yorks) answering member printed Rishi Sunak question first answered 09/01/2020 10:02:53 answering member 4483 label Biography information for Rishi Sunak
tabling member	4638 label Biography information for Mr Tanmanjeet Singh Dhesi

1168961

registered interest
date	06/01/2020
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Mayflower: Anniversaries
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, if he will change the status of the Mayflower 400 commemorative coin from collectors-only to general circulation.
tabling member constituency	Plymouth, Sutton and Devonport
tabling member printed	Luke Pollard
uin	467
answer	answer is ministerial correction date of answer 14/01/2020 answer text <p>The Royal Mint has a long-established tradition of producing coins in order to mark historic moments. The 400<sup>th</sup> anniversary of the Mayflower’s voyage is an important moment in our shared history with the United States and will rightly be celebrated with the production of a commemorative coin. The number and denomination of coins issued into circulation is dependent on demand from UK banks and Post Offices.</p> answering member constituency Salisbury answering member printed John Glen question first answered 14/01/2020 12:41:17 answering member 4051 label Biography information for John Glen
tabling member	4682 label Biography information for Luke Pollard

1168768

registered interest
date	20/12/2019
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Disguised Remuneration Loan Charge Review
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, when he plans to publish Sir Amyas Morse's review of the Loan Charge.
tabling member constituency	West Worcestershire
tabling member printed	Harriett Baldwin
uin	289
answer	answer is ministerial correction date of answer 07/01/2020 answer text <p>The Government published Sir Amyas Morse’s independent review of the Loan Charge on 20 December, alongside the Government’s response to his recommendations. Further detail can be found here: <a href="https://www.gov.uk/government/publications/disguised-remuneration-independent-loan-charge-review/guidance" target="_blank">https://www.gov.uk/government/publications/disguised-remuneration-independent-loan-charge-review/guidance</a></p> answering member constituency Hereford and South Herefordshire answering member printed Jesse Norman grouped question UIN 321 question first answered 07/01/2020 16:41:39 answering member 3991 label Biography information for Jesse Norman
tabling member	4107 label Biography information for Dame Harriett Baldwin

1168778

registered interest
date	20/12/2019
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Disguised Remuneration Loan Charge Review
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, when he plans to publish the independent review of the Disguised Remuneration Loan Charge.
tabling member constituency	Bermondsey and Old Southwark
tabling member printed	Neil Coyle
uin	321
answer	answer is ministerial correction date of answer 07/01/2020 answer text <p>The Government published Sir Amyas Morse’s independent review of the Loan Charge on 20 December, alongside the Government’s response to his recommendations. Further detail can be found here: <a href="https://www.gov.uk/government/publications/disguised-remuneration-independent-loan-charge-review/guidance" target="_blank">https://www.gov.uk/government/publications/disguised-remuneration-independent-loan-charge-review/guidance</a></p> answering member constituency Hereford and South Herefordshire answering member printed Jesse Norman grouped question UIN 289 question first answered 07/01/2020 16:41:39 answering member 3991 label Biography information for Jesse Norman
tabling member	4368 label Biography information for Neil Coyle

1168819

registered interest
date	20/12/2019
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Off-payroll Working
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, what his policy is on the future of IR35.
tabling member constituency	Newport East
tabling member printed	Jessica Morden
uin	367
answer	answer is ministerial correction date of answer 08/01/2020 answer text <p>The Government announced yesterday further details about the review of the off-payroll working rules reform. As set out at Budget 2018, the reform is due to be extended to all sectors from April 2020. The review will address any remaining concerns from businesses and individuals about how the forthcoming reform will be implemented, and will focus on steps the Government can take to ensure smooth and successful implementation.</p> answering member constituency Hereford and South Herefordshire answering member printed Jesse Norman question first answered 08/01/2020 14:03:09 answering member 3991 label Biography information for Jesse Norman
tabling member	1548 label Biography information for Jessica Morden

1168825

registered interest
date	20/12/2019
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Motorhomes: Excise Duties
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, if he will make it his policy to classify motorhomes as commercial vehicles for taxation purposes; and if he will make a statement.
tabling member constituency	Christchurch
tabling member printed	Sir Christopher Chope
uin	258
answer	answer is ministerial correction date of answer 07/01/2020 answer text <p>The Government reformed Vehicle Excise Duty (VED) to encourage the uptake of vehicles with lower CO<sub>2</sub> emissions to help us meet our legally binding climate change targets. It is right that under the reformed system motorhomes with high CO<sub>2</sub> emissions pay greater first year VED than those with lower emissions.</p><p> </p><p>I met representatives of the industry to discuss the matter and I understand their concerns. As with all taxes, the Government keeps the VED treatment of motorhomes under review.</p> answering member constituency Middlesbrough South and East Cleveland answering member printed Mr Simon Clarke question first answered 07/01/2020 09:24:09 answering member 4655 label Biography information for Sir Simon Clarke
tabling member	242 label Biography information for Sir Christopher Chope

1168280

registered interest
date	19/12/2019
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Mortgages
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, if he will review the lending requirements for mortgages to ensure the affordability of rents and repayments in relation to the current salary multiplier requirement.
tabling member constituency	Hendon
tabling member printed	Dr Matthew Offord
uin	84
answer	answer is ministerial correction date of answer 13/01/2020 answer text <p>The Financial Conduct Authority’s (FCA) ‘Mortgage Market Review’ regulations are based on the principle that mortgages should only be advanced where there is a reasonable expectation that borrowers can repay. To provide new mortgage loans, all lenders must conduct an affordability assessment which includes a robust income and expenditure analysis, and the lender must obtain evidence of that income to support this assessment. Lenders must also comply with rules set by the Financial Policy Committee (FPC) at the Bank of England, intended to manage financial stability risks from the housing market, including a limit of 15% of new lending above 4.5 Loan-to-Income (LTI), and a stress test for loans at 3% above the Standard Variable Rate.</p><p> </p><p>Both the FCA and the Bank of England keep their mortgage market regulations under review to ensure that they meet their objectives. In May 2016 the FCA conducted a review of the MMR, finding that the regulations had been implemented as desired protecting consumers without unduly restricting the availability of credit. The FCA’s Mortgages Market Study of March 2019 also found that the market is working well for consumers. The FPC most recently reviewed their housing tools in December 2019 in their Financial Stability Report, including the 4.5 LTI cap, finding that they have had a positive impact in upholding strong underwriting standards to prevent an increase in the number of highly indebted households, whilst having only a limited impact on mortgage availability.</p> answering member constituency Salisbury answering member printed John Glen question first answered 13/01/2020 14:25:40 answering member 4051 label Biography information for John Glen
tabling member	4006 label Biography information for Dr Matthew Offord

1168287

registered interest
date	19/12/2019
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Off-payroll Working
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, when the proposed review of the changes to IR35 will (a) begin and (b) conclude.
tabling member constituency	Hendon
tabling member printed	Dr Matthew Offord
uin	85
answer	answer is ministerial correction date of answer 13/01/2020 answer text <p>The Chancellor has commissioned a review of the off-payroll working rules reform (IR35). As set out at Budget 2018, the reform is due to be extended to all sectors from April 2020. The review was announced on 7 January and will focus on the implementation of the reform, including gathering evidence on the experiences of individuals and businesses. The review will consider whether there are any further steps the Government can take to ensure the smooth and successful implementation of the forthcoming reforms. The review will conclude in mid-February.</p> answering member constituency Hereford and South Herefordshire answering member printed Jesse Norman question first answered 13/01/2020 16:57:58 answering member 3991 label Biography information for Jesse Norman
tabling member	4006 label Biography information for Dr Matthew Offord