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1001947

	registered interest
	date	05/11/2018
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Mortgages: EU Law
	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 the EU Mortgage Credit Directive on access to lower mortgage rates.
	tabling member constituency	East Worthing and Shoreham
	tabling member printed	Tim Loughton
	uin	187982
	answer	answer is ministerial correction date of answer 12/11/2018 answer text <p>The EU Mortgage Credit Directive (MCD), which came into force in March 2016, prevents lenders waiving the affordability requirements when a borrower moves to a new lender. As a result some borrowers may find it harder to switch to a new lender to access lower rates.</p><p> </p><p>While we must comply with the MCD, the Financial Conduct Authority have put in place exemptions which allow lenders to waive affordability requirements for customers that are remortgaging with their existing lender but not increasing the size of their debt. In addition in July 2018, UK Finance, the Building Socieities Association, and the Intermediary Mortgage Lenders Association, announced a cross industry voluntary agreement. Under this agreement lenders undertook to write by the end of 2018 to any borrowers on the reversion rate who are up to date with payments, and have a minimum of 2 years and £10,000 left on their mortgage, to let them know they can access lower mortgage rates with their existing lender. Officials in the Treasury continue to work closely with the FCA and industry to explore what more can be done<strong>. </strong></p> answering member constituency Salisbury answering member printed John Glen question first answered 12/11/2018 17:49:19 answering member 4051 label Biography information for John Glen
	tabling member	114 label Biography information for Tim Loughton

1010571

	registered interest
	date	20/11/2018
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Mortgages: Interest Rates
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Chancellor of the Exchequer, what support is available to borrowers seeking to access lower mortgage rates in the event that their proposed new lender or current lender is not signed up to the Government's voluntary agreement with UK Finance, the Building Socieities Association and the Intermediary Mortgage Lenders Association.
	tabling member constituency	East Worthing and Shoreham
	tabling member printed	Tim Loughton
	uin	193356
	answer	answer is ministerial correction date of answer 28/11/2018 answer text <p>67 lenders representing 95% of the UK’s residential mortgage market have signed up to the industry voluntary agreement to help mortgage prisoners.</p><p> </p><p>As set out in my response to your PQ tabled 5<sup>th</sup> November 2018 officials in the Treasury continue to work closely with the FCA and industry to explore what more can be done. This will include where lenders are not signed up to the industry’s voluntary agreement.</p> answering member constituency Salisbury answering member printed John Glen question first answered 28/11/2018 13:00:27 answering member 4051 label Biography information for John Glen
	tabling member	114 label Biography information for Tim Loughton

1020029

	registered interest
	date	04/12/2018
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Spirits: Excise Duties
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Chancellor of the Exchequer, whether he has made an assessment of the potential merits of introducing a reduced rate of duty for spirits produced by smaller distillers and producers.
	tabling member constituency	East Worthing and Shoreham
	tabling member printed	Tim Loughton
	uin	198720
	answer	answer is ministerial correction date of answer 10/12/2018 answer text <p>Under EU law a reduced rate of spirit duty can be applied to producers who make less than 1,000 litres of product a year.</p><p> </p><p>The government is not minded to introduce such a relief as there is no compelling case to do so at this time given the risk of illicit production and excise duty fraud.</p> answering member constituency Newark answering member printed Robert Jenrick question first answered 10/12/2018 15:32:02 answering member 4320 label Biography information for Robert Jenrick
	tabling member	114 label Biography information for Tim Loughton

1020031

	registered interest
	date	04/12/2018
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Alcoholic Drinks: Industry
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Chancellor of the Exchequer, how many licensed stills have (a) been established and (b) ceased trading in each of the last 10 years.
	tabling member constituency	East Worthing and Shoreham
	tabling member printed	Tim Loughton
	uin	198721
	answer	answer is ministerial correction date of answer 10/12/2018 answer text <p>HMRC licenses the businesses who use stills for distillation rather than the stills themselves. The number of licences issued in each year was:</p><p> </p><table><tbody><tr><td><p>2008</p></td><td><p>2009</p></td><td><p>2010</p></td><td><p>2011</p></td><td><p>2012</p></td><td><p>2013</p></td><td><p>2014</p></td><td><p>2015</p></td><td><p>2016</p></td><td><p>2017</p></td></tr><tr><td><p>9</p></td><td><p>2</p></td><td><p>6</p></td><td><p>34</p></td><td><p>11</p></td><td><p>28</p></td><td><p>38</p></td><td><p>34</p></td><td><p>46</p></td><td><p>62</p></td></tr></tbody></table><p> </p><p>HMRC has no information on the number of licensed businesses that have ceased trading.</p> answering member constituency Newark answering member printed Robert Jenrick question first answered 10/12/2018 15:40:02 answering member 4320 label Biography information for Robert Jenrick
	tabling member	114 label Biography information for Tim Loughton

1124348

	registered interest
	date	01/05/2019
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	101 Calls: VAT
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Chancellor of the Exchequer, what the contribution has been to the public purse from levying VAT on the 101 non-emergency police phone line.
	tabling member constituency	East Worthing and Shoreham
	tabling member printed	Tim Loughton
	uin	249791
	answer	answer is ministerial correction date of answer 08/05/2019 answer text <p>The details that HMRC collects from taxpayers on their VAT returns are not specific enough to provide an estimate of VAT on 101 phone calls.</p><p> </p><p>To minimise the administrative burden on businesses, they are only required to report the total VAT on all their taxable supplies of goods and services in the relevant period. It is therefore not possible to identify the types of supplies on which the VAT was charged.</p> answering member constituency Central Devon answering member printed Mel Stride question first answered 08/05/2019 15:26:04 answering member 3935 label Biography information for Mel Stride
	tabling member	114 label Biography information for Tim Loughton

1182948

	registered interest
	date	02/03/2020
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Financial Markets: Switzerland
	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 his Swiss counterpart on equivalence between UK and Swiss financial markets and products after the transition period.
	tabling member constituency	East Worthing and Shoreham
	tabling member printed	Tim Loughton
	uin	901126
	answer	answer is ministerial correction date of answer 05/03/2020 answer text <p>The UK and Switzerland have a strong and established relationship on financial services, with a large volume of cross-border financial services trade.</p><p> </p><p>To ensure continuity in our relationship, the government has converted all equivalence decisions that the European Union currently has with Switzerland (with the exception of Central Clearing Counterparties equivalence), into UK domestic law. This means that they will continue to apply when the transition period ends.</p><p> </p><p>The ability for HM Treasury to make equivalence decisions becomes active from the end of the Transition Period. After this time, HM Treasury will be able to grant equivalence to non-EEA jurisdictions. The UK is committed to maintaining an outcomes-based model of equivalence which recognises that a combination of different rules and supervisory practices may be used to achieve the same levels of resilient, market integrity, consumer protection, and financial stability.</p> answering member constituency Salisbury answering member printed John Glen question first answered 05/03/2020 12:50:49 answering member 4051 label Biography information for John Glen
	tabling member	114 label Biography information for Tim Loughton

1201344

	registered interest
	date	08/06/2020
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Food: Wholesale Trade
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Chancellor of the Exchequer, if he will extend the hospitality, retail and leisure grants to the wholesale food and drink sector.
	tabling member constituency	East Worthing and Shoreham
	tabling member printed	Tim Loughton
	uin	55839
	answer	answer is ministerial correction date of answer 16/06/2020 answer text <p>The Government recognises that this is a very challenging time for businesses in a wide variety of sectors. Small businesses occupying properties for retail, hospitality or leisure purposes are likely to be particularly affected by COVID-19 due to their reliance on customer footfall, and the fact that they are less likely than larger businesses to have sufficient cash reserves to meet their high fixed property-related costs. The Retail, Hospitality and Leisure Grant Fund (RHLGF) is intended to help small businesses in this situation.</p><p> </p><p>Local Authorities (LAs) can choose to make discretionary grants to businesses in supply chains, like the wholesale food and drink sector, if they feel there is a particular local economic need. The Government has allocated up to an additional £617 million to LAs to enable them to give discretionary grants. While food and drink wholesalers are not one of the priority groups which Government has asked LAs to focus on, LAs may choose to make payments to businesses outside of these priority groups if they feel there is a local economic need to do so, so long as the business was trading on 11th March, and has not received any other cash grant funded by central Government (with the exception of grants from the SEISS).</p><p> </p><p>Small businesses which are not eligible for business grants should still be able to benefit from other elements of the Government’s unprecedented package of support. The Business Support website provides further information about how businesses can access the support that has been made available, who is eligible, when the schemes open and how to apply - <a href="https://www.gov.uk/business-coronavirus-support-finder" target="_blank">https://www.gov.uk/business-coronavirus-support-finder</a>.</p> answering member constituency Saffron Walden answering member printed Kemi Badenoch question first answered 16/06/2020 13:54:17 answering member 4597 label Biography information for Kemi Badenoch
	tabling member	114 label Biography information for Tim Loughton

1276389

	registered interest
	date	13/01/2021
	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, if he will publish a list of the organisations that have received funding from the Sugar Tax Levy; and what steps he is taking to promote applications for funding from that Levy.
	tabling member constituency	East Worthing and Shoreham
	tabling member printed	Tim Loughton
	uin	137115
	answer	answer is ministerial correction date of answer 18/01/2021 answer text <p>Revenue from the Soft Drinks Industry Levy is not formally linked to any specific spending, nor do we take applications for funding. Departmental spend to tackle obesity and promote children’s health is allocated through Spending Reviews.</p> answering member constituency Saffron Walden answering member printed Kemi Badenoch question first answered 18/01/2021 14:32:26 answering member 4597 label Biography information for Kemi Badenoch
	tabling member	114 label Biography information for Tim Loughton

1353535

	registered interest
	date	07/09/2021
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Treasury: Listed Buildings
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Chancellor of the Exchequer, if he will publish the (a) properties classified as heritage assets by his Department, (b) most recent estimate of the value of those properties and (c) annual income derived from those properties.
	tabling member constituency	East Worthing and Shoreham
	tabling member printed	Tim Loughton
	uin	44164
	answer	answer is ministerial correction date of answer 10/09/2021 answer text <p>HM Treasury is advised on the management of designated heritage assets in its portfolio by Historic England’s Government Historic Estate Unit. Further details can be found here:</p><p><a href="https://historicengland.org.uk/services-skills/our-planning-services/advice-for-government-historic-estates/" target="_blank">https://historicengland.org.uk/services-skills/our-planning-services/advice-for-government-historic-estates/</a></p><p> </p><p>HM Treasury does not collect or collate data on the value (property value) or income data for these assets.</p> answering member constituency Saffron Walden answering member printed Kemi Badenoch question first answered 10/09/2021 09:06:20 answering member 4597 label Biography information for Kemi Badenoch
	tabling member	114 label Biography information for Tim Loughton

1355303

	registered interest
	date	14/09/2021
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Treasury: Listed Buildings
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Chancellor of the Exchequer, pursuant to his Answer of 10 September 2021 to Question 44164 on Treasury: Listed Buildings, if he will publish a list of the (a) properties classified as heritage assets owned by his Department, (b) the most recent estimate of the value of those properties and (c) the annual income derived from those properties as opposed to details of the body responsible for advising him on the properties' management.
	tabling member constituency	East Worthing and Shoreham
	tabling member printed	Tim Loughton
	uin	49014
	answer	answer is ministerial correction date of answer 20/09/2021 answer text HM Treasury does not own any properties classified as heritage assets. answering member constituency Faversham and Mid Kent answering member printed Helen Whately question first answered 20/09/2021 14:58:11 answering member 4527 label Biography information for Helen Whately
	tabling member	114 label Biography information for Tim Loughton