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1587158

	registered interest
	date	20/02/2023
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Energy Bills Rebate
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Chancellor of the Exchequer, if he will make a comparative assessment of the potential merits of providing payments through the Energy Bills Support Scheme (a) after and (b) before the application of VAT.
	tabling member constituency	Nottingham North
	tabling member printed	Alex Norris
	uin	148779
	answer	answer is ministerial correction date of answer 27/02/2023 answer text Whether VAT applies to the payment made under the Energy Bills Support Scheme is determined by VAT legislation. Under the Scheme, the government is paying £400 of the domestic customer’s energy bills. Payments made under the scheme into the customers energy account are regarded as third-party payments from the government. Energy suppliers are required to account for VAT at the reduced rate of five percent under the normal rules, as the payment is made for a taxable supply of energy. There are no plans to review the VAT legislation. answering member constituency Louth and Horncastle answering member printed Victoria Atkins question first answered 27/02/2023 16:29:37 answering member 4399 label Biography information for Victoria Atkins
	tabling member	4641 label Biography information for Alex Norris

1588085

	registered interest
	date	22/02/2023
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Arts: Tax Allowances
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Chancellor of the Exchequer, with reference to the report entitled Creative Industry Tax Reliefs Evaluation, published on 17 November 2022, whether his Department plans to commission a similar evaluation on Cultural Tax Reliefs.
	tabling member constituency	Worsley and Eccles South
	tabling member printed	Barbara Keeley
	uin	150437
	answer	answer is ministerial correction date of answer 27/02/2023 answer text HMRC has a programme for evaluating tax reliefs and has published criteria which are used to decide which reliefs should be evaluated. Against these criteria, cultural reliefs have not been assessed as being a priority. HMRC published research on the museum and gallery exhibition tax relief in 2022. Cultural reliefs will be reconsidered for evaluation in future. answering member constituency Louth and Horncastle answering member printed Victoria Atkins question first answered 27/02/2023 15:32:05 answering member 4399 label Biography information for Victoria Atkins
	tabling member	1588 label Biography information for Baroness Keeley

1588247

	registered interest
	date	22/02/2023
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Health: Products
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Chancellor of the Exchequer, whether he plans to (a) remove and (b) reduce VAT on essential healthcare products.
	tabling member constituency	East Dunbartonshire
	tabling member printed	Amy Callaghan
	uin	150637
	answer	answer is ministerial correction date of answer 27/02/2023 answer text <p>VAT rules do not distinguish between supplies on the basis of whether they might be considered essential. VAT is a broad-based tax on consumption, and the twenty per cent standard rate applies across a very broad range of goods and services. While there are exceptions to the standard rate, these are strictly limited by legal and fiscal considerations. One such exception is that medicines on the NHS prescription list are zero-rated for VAT when dispensed by a pharmacist.</p><p> </p><p>Removing or reducing VAT on a broad range of healthcare products would likely come at a significant cost to the Exchequer, and with no guarantee that it would reduce the cost to consumers of the products themselves. While all taxes are kept under review, the Government has no current plans to make changes here.</p> answering member constituency Louth and Horncastle answering member printed Victoria Atkins question first answered 27/02/2023 15:51:42 answering member 4399 label Biography information for Victoria Atkins
	tabling member	4770 label Biography information for Amy Callaghan

1587880

	registered interest
	date	21/02/2023
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Insurance
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Chancellor of the Exchequer, whether he has had recent discussions with insurance providers on taking steps to ensure that they meet the requirements set out in the Financial Conduct Authority policy statement entitled Increasing transparency and engagement at renewal in general insurance markets – feedback on CP15/41 and final rules and guidance, published in August 2016, reference PS16/21.
	tabling member constituency	Warrington North
	tabling member printed	Charlotte Nichols
	uin	149674
	answer	answer is ministerial correction date of answer 27/02/2023 answer text <p>Treasury ministers frequently meet representatives of insurance providers, where topics of conversation include increasing transparency and engagement around insurance policy renewals. The Government welcomes progress in this area, including the more recent rules in the Financial Conduct Authority’s policy statement 21/5 which require that firms offer a renewal price that is no greater than the equivalent new business price for a new customer, as well as providing customers with a range of options to stop their policy from auto-renewing.</p><p> </p><p>When the Financial Conduct Authority becomes aware of individual firm failings it follows up with those firms appropriately. It does not have evidence to suggest widespread non-compliance with these rules.</p> answering member constituency Arundel and South Downs answering member printed Andrew Griffith question first answered 27/02/2023 11:09:16 answering member 4874 label Biography information for Andrew Griffith
	tabling member	4799 label Biography information for Charlotte Nichols

1588264

	registered interest
	date	22/02/2023
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Banks: Charities and Parish Councils
	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 potential impact of the Financial Services and Markets Bill on (a) the quality of services provided by banks to parish and town councils and to local charities and (b) the ability of parish and town councils and local charities to change their bank signatories.
	tabling member constituency	Somerton and Frome
	tabling member printed	David Warburton
	uin	150574
	answer	answer is ministerial correction date of answer 27/02/2023 answer text <p>There are no specific provisions related to the provision of banking services to local councils and charities in the Financial Services and Markets Bill.</p><p> </p><p>Nevertheless, the Treasury recognises the challenges some charities and community organisations have been facing accessing and managing banking services. That’s why the previous Economic Secretary hosted a roundtable event last year, bringing together lenders and representatives from bodies representing these organisations to discuss this important issue. Lenders heard firsthand the problems many charities and community groups have experienced, and also used this opportunity to set out the products they offer, and the diverse range of factors charities and community groups need to consider in relation to banking requirements.</p><p> </p><p>Banking and finance industry group UK Finance is now working with banks and sector representatives to identify any changes banks can make to simplify processes like changing signatories on accounts, and to produce guidance aimed at helping charities and community groups access and understand banking</p><p><strong> <br> </strong></p> answering member constituency Arundel and South Downs answering member printed Andrew Griffith question first answered 27/02/2023 13:40:19 answering member 4874 label Biography information for Andrew Griffith
	tabling member	4526 label Biography information for David Warburton

1586379

	registered interest
	date	17/02/2023
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Hospitality Industry: VAT
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Chancellor of the Exchequer, if he will make an assessment on the potential merits of reducing the rate of VAT paid by hospitality businesses.
	tabling member constituency	Ceredigion
	tabling member printed	Ben Lake
	uin	147209
	answer	answer is ministerial correction date of answer 27/02/2023 answer text <p>The previous VAT relief for tourism and hospitality cost over £8 billion. Reintroducing it would come at a significant further cost, reducing the money available to help fund key spending priorities, including important public services, such as the NHS, education and defence.</p><p> </p><p>The Government has been clear that this was a temporary measure designed to support the cash flow and viability of sectors that have been severely affected by COVID-19.</p><p> </p><p>At Autumn Statement 2022, the Government announced an increased 75 per cent relief for retail, hospitality and leisure properties in England, up to a cash cap of £110,000 per business for 2023-24. This is a tax cut worth over £2 billion for around 230,000 businesses, to support the high street and protect small shops.</p><p> </p><p>Business rates relief is a devolved policy area and the Welsh Government is responsible for business rates policy in Wales. Barnett consequential funding for any reliefs will be provided to the Devolved Administrations.</p><p> </p><p>While there are no plans to reduce the rate of VAT paid by hospitality businesses, the Government keeps all taxes under review.</p> answering member constituency Louth and Horncastle answering member printed Victoria Atkins question first answered 27/02/2023 15:45:21 answering member 4399 label Biography information for Victoria Atkins
	tabling member	4630 label Biography information for Ben Lake

1586260

	registered interest
	date	17/02/2023
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Energy Bills Discount Scheme
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Chancellor of the Exchequer, if he will keep the Energy Business Discount Scheme under regular review to ensure it provides (a) support for businesses and (b) medium to long-term certainty on support so that businesses are able to plan ahead.
	tabling member constituency	Milton Keynes North
	tabling member printed	Ben Everitt
	uin	147143
	answer	answer is ministerial correction date of answer 27/02/2023 answer text <p>The new Energy Bills Discount Scheme (EBDS) will provide all eligible businesses and other non-domestic energy users across the UK with a discount on high energy bills until 31 March 2024, following the end of the current Energy Bill Relief Scheme. It will also provide businesses in sectors with particularly high levels of energy use and trade intensity with a higher level of support.</p><p> </p><p>Through the current scheme, the Government provided an unprecedented package of support for non-domestic users through this winter. The Government has been clear that such levels of support, unprecedented in its nature and huge scale, were time-limited and intended as a bridge to allow businesses to adapt.</p><p> </p><p>The new EBDS provides long term certainty for businesses and reflects how the scale of the challenge has changed since September last year. This will help those locked into contracts signed before recent substantial falls in the wholesale price manage their costs and provide others with reassurance against the risk of prices rising again.</p><p> </p><p>In the longer-term, Energy Intensive Industries (EII) will continue to be supported by the Government’s EII exemption and compensation schemes. In April 2022 the Government extended the compensation scheme for a further 3 years and more than doubled its budget. On Thursday 23 February, the Business and Trade Secretary Kemi Badenoch announced further measures (https://www.gov.uk/government/news/government-action-to-supercharge-competitiveness-in-key-british-industries-and-grow-economy) to bring the energy costs of the UK’s energy intensive industries in line with those charged across the world’s major economies. This is crucial to helping these businesses remain internationally competitive and will enhance the UK’s attractiveness as a destination for international investment as well as remove barriers to move us further towards greener technology as part of a sustainable net zero future.</p><p> </p><p>We will continue to closely monitor energy prices in the coming months.</p> answering member constituency South Suffolk answering member printed James Cartlidge question first answered 27/02/2023 16:46:30 answering member 4519 label Biography information for James Cartlidge
	tabling member	4836 label Biography information for Ben Everitt

1587459

	registered interest
	date	20/02/2023
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Cost of Living: Ethnic Groups
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Chancellor of the Exchequer, what assessment his Department has made of the impact of the cost of living on ethnic minorities in the UK.
	tabling member constituency	Lanark and Hamilton East
	tabling member printed	Angela Crawley
	uin	148722
	answer	answer is ministerial correction date of answer 27/02/2023 answer text <p>The government understands that people are worried about the cost of living challenges ahead.</p><p> </p><p>That’s why the government has announced support worth £26 billion for 2023-24, designed to target the most vulnerable households.</p><p> </p><p>The Treasury carefully considers the equality impacts of the individual measures announced at fiscal events on those sharing protected characteristics, including gender, ethnicity and disability – in line with both its legal obligations under the Public Sector Equality Duty (PSED) and its strong commitment to equality issues.</p><p> </p><p>The government is committed to promoting economic growth and supporting all individuals and communities to achieve their full potential</p> answering member constituency Salisbury answering member printed John Glen question first answered 27/02/2023 13:32:09 answering member 4051 label Biography information for John Glen
	tabling member	4469 label Biography information for Angela Crawley

1586328

	registered interest
	date	17/02/2023
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Post Office: Bank Services
	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 adequacy of Post Office banking deposit limits for business customers.
	tabling member constituency	Stalybridge and Hyde
	tabling member printed	Jonathan Reynolds
	uin	146957
	answer	answer is ministerial correction date of answer 27/02/2023 answer text <p>The government recognises that cash continues to be used by millions of people across the UK and that access to deposit facilities is an important factor in supporting the continued acceptance of cash.</p><p> </p><p>In 2020, the National Risk Assessment of Money Laundering and Terrorist Financing noted an increase in the abuse of cash-related services, such as cash deposit services, in Post Offices.</p><p> </p><p>The Financial Conduct Authority (FCA) and banking sector have since been working to address these vulnerabilities. As part of this, banks are implementing a range of enhanced financial crime controls for cash deposits made at the Post Office.</p><p> </p><p>Throughout, the FCA has discussed with banks the importance of considering the impact of the changes they are making on customers. The rollout of these financial controls is still at an early stage and the FCA is continuing to work with the Post Office and the banking sector to ensure that the financial controls strike an appropriate balance between dynamically combating illicit finance, and helping to maintain appropriate access to cash deposit services for legitimate customers.</p> answering member constituency Arundel and South Downs answering member printed Andrew Griffith question first answered 27/02/2023 11:42:31 answering member 4874 label Biography information for Andrew Griffith
	tabling member	4119 label Biography information for Jonathan Reynolds

1588087

	registered interest
	date	22/02/2023
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Horizon IT System: Compensation
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Chancellor of the Exchequer, with reference to subpostmasters who have received compensation following the failure of the Post Office Horizon IT system, if he will make an estimate of the total amount of tax he expects to be due on that compensation.
	tabling member constituency	Stalybridge and Hyde
	tabling member printed	Jonathan Reynolds
	uin	150474
	answer	answer is ministerial correction date of answer 27/02/2023 answer text <p>The Government wants to see all victims affected by the Post Office Horizon IT scandal compensated fairly and swiftly. We will continue to work across Government and with the Post Office to ensure the postmasters get the full compensation they deserve and that payments and associated taxes are fair and proportionate.</p> answering member constituency Louth and Horncastle answering member printed Victoria Atkins question first answered 27/02/2023 15:29:49 answering member 4399 label Biography information for Victoria Atkins
	tabling member	4119 label Biography information for Jonathan Reynolds