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1125317

	registered interest
	date	08/05/2019
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Money: Retail Trade
	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 effect of cashless shops on (a) low-income people and (b) poorer communities.
	tabling member constituency	Coventry South
	tabling member printed	Mr Jim Cunningham
	uin	251912
	answer	answer is ministerial correction date of answer 13/05/2019 answer text <p>The Treasury has not made a specific assessment of the effect of cashless shops on (a) low-income people and (b) poorer communities.</p><p> </p><p>However, last year the Government initiated a discussion on payment methods through a Call for Evidence on Cash and Digital Payments in the New Economy. This sought to gather evidence on how changing preferences for cash and digital payments impact on different sectors, regions and demographics. A wide range of evidence was collected, including on the changing levels of cash usage, and a formal summary of responses was published in May 2019.</p><p> </p><p>The response set out the Government’s commitment to supporting digital payments, whilst safeguarding access to cash for those who need it. The Government is engaging, and will continue to engage, with the regulators and industry on this important topic.</p> answering member constituency Salisbury answering member printed John Glen question first answered 13/05/2019 14:29:09 answering member 4051 label Biography information for John Glen
	tabling member	308 label Biography information for Mr Jim Cunningham

1109076

	registered interest
	date	02/04/2019
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Pay
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Chancellor of the Exchequer, what recent assessment his Department has made of trends in the levels of pay since 2010.
	tabling member constituency	Coventry South
	tabling member printed	Mr Jim Cunningham
	uin	239859
	answer	answer is ministerial correction date of answer 08/04/2019 answer text <p>The level of pay has continually increased since 2010, with average weekly earnings increasing by 20% over this period. Regular wages are currently growing at their fastest pace in over a decade and have outstripped inflation for 11 consecutive months. We’ve just seen another above inflation increase in the National Living Wage, to £8.21, meaning a full-time worker on the NLW will be earning £690 more over the coming year.</p> answering member constituency Salisbury answering member printed John Glen question first answered 08/04/2019 14:33:01 answering member 4051 label Biography information for John Glen
	tabling member	308 label Biography information for Mr Jim Cunningham

1109252

	registered interest
	date	02/04/2019
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Small Businesses: Loans
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Chancellor of the Exchequer, what steps his Department is taking to further regulate lending to small businesses.
	tabling member constituency	Coventry South
	tabling member printed	Mr Jim Cunningham
	uin	239861
	answer	answer is ministerial correction date of answer 10/04/2019 answer text <p>The Government set out its position on the regulation of lending to small businesses in its response to the Treasury Select Committee’s SME Finance Report. This is available here: <a href="https://publications.parliament.uk/pa/cm201719/cmselect/cmtreasy/1873/187302.htm" target="_blank">https://publications.parliament.uk/pa/cm201719/cmselect/cmtreasy/1873/187302.htm</a></p> answering member constituency Salisbury answering member printed John Glen question first answered 10/04/2019 15:26:29 answering member 4051 label Biography information for John Glen
	tabling member	308 label Biography information for Mr Jim Cunningham

1083595

	registered interest
	date	07/03/2019
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Cryptocurrencies
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Chancellor of the Exchequer, what steps he is taking to increase consumer awareness of the potential advantages and disadvantages of investing in cryptoassets.
	tabling member constituency	Coventry South
	tabling member printed	Mr Jim Cunningham
	uin	229610
	answer	answer is ministerial correction date of answer 14/03/2019 answer text <p>The Government has considered its approach to cryptoassets through the Cryptoassets Taskforce - comprised of the Treasury, the Bank of England, and the Financial Conduct Authority (FCA)<sup><sup>[1]</sup></sup>. The Government will be consulting on its approach to cryptoassets this year.</p><p> </p><p>The FCA has issued consumer warnings highlighting the risks of cryptoassets and warning that any individual investing in cryptoassets should be prepared to lose money. Cryptoassets have also been added to the FCA’s ScamSmart website, which helps consumers to avoid falling victim to common types of scams and investment fraud.</p><p> </p><p>[1] https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/752070/cryptoassets_taskforce_final_report_final_web.pdf</p> answering member constituency Salisbury answering member printed John Glen question first answered 14/03/2019 13:33:54 answering member 4051 label Biography information for John Glen
	tabling member	308 label Biography information for Mr Jim Cunningham

1077547

	registered interest
	date	26/02/2019
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Tax Avoidance
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Chancellor of the Exchequer, what recent assessment his Department has made of the adequacy of HMRC's (a) powers and (b) resources to investigate tax-avoidance enablers.
	tabling member constituency	Coventry South
	tabling member printed	Mr Jim Cunningham
	uin	226031
	answer	answer is ministerial correction date of answer 04/03/2019 answer text <p>The House of Lords Economic Affairs Committee recently made recommendations on HMRC’s powers and resourcing (House of Lords Paper 242 - <em>The Powers of HMRC: Treating Taxpayers Fairly</em>). The Government considered these points and responded on 22 January 2019. This is available from:</p><p><a href="https://www.parliament.uk/documents/lords-committees/economic-affairs/Govt%20HMRC%20Powers%20report%2022%20Jan%202019%20.pdf" target="_blank">https://www.parliament.uk/documents/lords-committees/economic-affairs/Govt%20HMRC%20Powers%20report%2022%20Jan%202019%20.pdf</a></p><p> </p><p>As detailed in the response, the Government keeps the tax system under review and notes the Committee's recommendation to update the powers review principles for the digital age. HMRC will consider options for reviewing and updating the tax administration framework, to ensure that it is effective in underpinning modern tax administration. HMRC already has dedicated teams resourced to tackle those who promote or enable tax avoidance.</p> answering member constituency Central Devon answering member printed Mel Stride question first answered 04/03/2019 16:59:01 answering member 3935 label Biography information for Mel Stride
	tabling member	308 label Biography information for Mr Jim Cunningham

1077239

	registered interest
	date	25/02/2019
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Company Cars: Taxation
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Chancellor of the Exchequer, what recent assessment his Department has made of the potential financial effect of the introduction of the Worldwide Harmonised Light Vehicles Test Procedure on company car drivers.
	tabling member constituency	Coventry South
	tabling member printed	Mr Jim Cunningham
	uin	225383
	answer	answer is ministerial correction date of answer 04/03/2019 answer text <p>As the Worldwide harmonised Light vehicles Test Procedure (WLTP) aims to replicate real-world driving conditions more closely, it is expected that reported CO<sub>2</sub> values will increase.</p><p> </p><p>Through the review of WLTP and vehicle taxes, the government has engaged with stakeholders to determine the impact on tax liabilities and the UK’s environmental objectives, including the role of company cars in reducing CO<sub>2</sub> emissions from road transport.</p><p> </p><p>The review closed on 17 February and the responses are currently being analysed. The government has committed to publishing a response in the spring.</p> answering member constituency Newark answering member printed Robert Jenrick grouped question UIN 225382 question first answered 04/03/2019 15:47:50 answering member 4320 label Biography information for Robert Jenrick
	tabling member	308 label Biography information for Mr Jim Cunningham