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418144
registered interest false more like this
date less than 2015-09-09more like thismore than 2015-09-09
answering body
HM Treasury more like this
answering dept id 14 more like this
answering dept short name Treasury more like this
answering dept sort name CaTreasury more like this
hansard heading Housing Benefit more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask Mr Chancellor of the Exchequer, what assessment his Department has made of the effects of the measures to restrict finance cost relief for landlords, announced in the Summer Budget 2015, on the overall costs of Housing Benefit in (a) Scotland and (b) the UK. more like this
tabling member constituency Edinburgh South remove filter
tabling member printed
Ian Murray more like this
uin 9774 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2015-09-14more like thismore than 2015-09-14
answer text <p>The overall cost of housing benefit is dependent on a number of factors such as, household and individual circumstances in regards to employment and household income, inflation and rents. The Government does not expect a large impact on rent levels in Scotland and the UK from this policy, and any impact would be dampened in the short term due to other policy decisions. Therefore the government does not anticipate changes to the overall cost of Housing Benefit as a result.</p><p> </p> more like this
answering member constituency South West Hertfordshire remove filter
answering member printed Mr David Gauke more like this
question first answered
less than 2015-09-14T15:06:11.587Zmore like thismore than 2015-09-14T15:06:11.587Z
answering member
1529
label Biography information for Mr David Gauke more like this
tabling member
3966
label Biography information for Ian Murray more like this
418141
registered interest false more like this
date less than 2015-09-09more like thismore than 2015-09-09
answering body
HM Treasury more like this
answering dept id 14 more like this
answering dept short name Treasury more like this
answering dept sort name CaTreasury more like this
hansard heading Private Rented Housing more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask Mr Chancellor of the Exchequer, what assessment his Department has made of the potential effects of the measures to restrict finance cost relief for landlords, announced in the Summer Budget 2015, on the level of housing demand in (a) Scotland and (b) the UK. more like this
tabling member constituency Edinburgh South remove filter
tabling member printed
Ian Murray more like this
uin 9773 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2015-09-14more like thismore than 2015-09-14
answer text <p>Overall, the OBR believes the impact of the restriction to tax relief for finance costs on the housing market will be small and, taking account of the other measures in the Summer Budget, have not adjusted their forecast for house prices.</p><p> </p> more like this
answering member constituency South West Hertfordshire remove filter
answering member printed Mr David Gauke more like this
question first answered
less than 2015-09-14T15:02:59.583Zmore like thismore than 2015-09-14T15:02:59.583Z
answering member
1529
label Biography information for Mr David Gauke more like this
tabling member
3966
label Biography information for Ian Murray more like this
418146
registered interest false more like this
date less than 2015-09-09more like thismore than 2015-09-09
answering body
HM Treasury more like this
answering dept id 14 more like this
answering dept short name Treasury more like this
answering dept sort name CaTreasury more like this
hansard heading Private Rented Housing more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask Mr Chancellor of the Exchequer, what assessment his Department has made of the potential effects of the measures to restrict finance cost relief for landlords, announced in the Summer Budget 2015, on the average rent payable in the private rented sector in (a) Scotland and (b) the UK. more like this
tabling member constituency Edinburgh South remove filter
tabling member printed
Ian Murray more like this
uin 9772 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2015-09-14more like thismore than 2015-09-14
answer text <p>The Government does not expect the restriction to tax relief for finance costs to have a large impact on rent levels in Scotland or the UK due to the small overall proportion of the housing market affected. There are 1.6 million buy to let mortgages outstanding in the UK overall, out of a total private rented sector of 4.4 million households and total housing stock of 22.6 million households in England.</p><p> </p><p> </p><p> </p> more like this
answering member constituency South West Hertfordshire remove filter
answering member printed Mr David Gauke more like this
question first answered
less than 2015-09-14T15:18:41.43Zmore like thismore than 2015-09-14T15:18:41.43Z
answering member
1529
label Biography information for Mr David Gauke more like this
tabling member
3966
label Biography information for Ian Murray more like this
418145
registered interest false more like this
date less than 2015-09-09more like thismore than 2015-09-09
answering body
HM Treasury more like this
answering dept id 14 more like this
answering dept short name Treasury more like this
answering dept sort name CaTreasury more like this
hansard heading Private Rented Housing more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask Mr Chancellor of the Exchequer, what assessment his Department has made of the potential effects of the measures to restrict finance cost relief for landlords, announced in the Summer Budget 2015, on levels of investment in the private rented sector in (a) Scotland and (b) the UK. more like this
tabling member constituency Edinburgh South remove filter
tabling member printed
Ian Murray more like this
uin 9771 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2015-09-14more like thismore than 2015-09-14
answer text <p>The Government expects the restriction to tax relief for finance costs to have a minimal impact on house building in Scotland and the UK. The Productivity Plan published alongside the Summer Budget includes a number of measures to make the planning system quicker, cheaper and more responsive to local needs. Overall, the OBR believe the impact on the housing market will be small and, taking account of the other measures in the Summer Budget, have not adjusted their forecast for house prices.</p><p> </p> more like this
answering member constituency South West Hertfordshire remove filter
answering member printed Mr David Gauke more like this
question first answered
less than 2015-09-14T15:10:59.567Zmore like thismore than 2015-09-14T15:10:59.567Z
answering member
1529
label Biography information for Mr David Gauke more like this
tabling member
3966
label Biography information for Ian Murray more like this
418142
registered interest false more like this
date less than 2015-09-09more like thismore than 2015-09-09
answering body
HM Treasury more like this
answering dept id 14 more like this
answering dept short name Treasury more like this
answering dept sort name CaTreasury more like this
hansard heading Private Rented Housing more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask Mr Chancellor of the Exchequer, what assessment his Department has made of the potential effects of the measures to restrict finance cost relief for landlords, announced in the Summer Budget 2015, on the supply of property in the private rented sector in (a) Scotland and (b) the UK. more like this
tabling member constituency Edinburgh South remove filter
tabling member printed
Ian Murray more like this
uin 9770 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2015-09-14more like thismore than 2015-09-14
answer text <p>HM Treasury expects a minimal impact on the supply of property in the private rented sector in Scotland and the UK from changes to restrict tax relief on finance costs. Fewer than 1 in 5 landlords are expected to pay more tax as a result of this measure and it will be introduced gradually from April 2017 over 4 years to give landlords time to adjust. The Budget also announced increased Rent a Room relief, which can help to increase levels of private rented accommodation.</p><p> </p><p> </p><p> </p><p>The Government is taking significant steps to support housing supply with housing starts at a 7 year high. Overall, the OBR believe the impact on the housing market will be small and, taking account of the other measures in the Summer Budget, have not adjusted their forecast for house prices.</p><p> </p><p> </p><p> </p><p> </p><p> </p> more like this
answering member constituency South West Hertfordshire remove filter
answering member printed Mr David Gauke more like this
question first answered
less than 2015-09-14T15:05:02.257Zmore like thismore than 2015-09-14T15:05:02.257Z
answering member
1529
label Biography information for Mr David Gauke more like this
tabling member
3966
label Biography information for Ian Murray more like this
48899
registered interest false more like this
date less than 2014-04-10more like thismore than 2014-04-10
answering body
HM Treasury more like this
answering dept id 14 more like this
answering dept short name Treasury more like this
answering dept sort name CaTreasury more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask Mr Chancellor of the Exchequer, what recent estimate he has made of how much the reduction in the additional rate of income tax to 45 per cent will be worth each year for a person earning £1 million a year. more like this
tabling member constituency Edinburgh South remove filter
tabling member printed
Ian Murray more like this
uin 903727 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2014-04-29more like thismore than 2014-04-29
answer text <p>I refer the hon. Gentleman to the answer I gave today to the hon. Member for Sefton Central (Bill Esterson).</p> more like this
answering member constituency South West Hertfordshire remove filter
answering member printed Mr David Gauke more like this
question first answered
less than 2014-04-29T12:00:00.00Zmore like thismore than 2014-04-29T12:00:00.00Z
answering member
1529
label Biography information for Mr David Gauke more like this
tabling member
3966
label Biography information for Ian Murray more like this
390698
registered interest false more like this
date less than 2015-07-16more like thismore than 2015-07-16
answering body
HM Treasury more like this
answering dept id 14 more like this
answering dept short name Treasury more like this
answering dept sort name CaTreasury more like this
hansard heading Income Tax: Scotland more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask Mr Chancellor of the Exchequer, how many officials in his Department are working on the Scottish rate of income tax. more like this
tabling member constituency Edinburgh South remove filter
tabling member printed
Ian Murray more like this
uin 7754 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2015-07-21more like thismore than 2015-07-21
answer text <p>HM Treasury regularly reviews and deploys its staff as appropriate to meet ministerial and departmental priorities. Appropriate resource is being allocated to work on the Scottish rate of income tax from within existing departmental budgets.</p><p> </p> more like this
answering member constituency South West Hertfordshire remove filter
answering member printed Mr David Gauke more like this
question first answered
less than 2015-07-21T16:13:32.38Zmore like thismore than 2015-07-21T16:13:32.38Z
answering member
1529
label Biography information for Mr David Gauke more like this
tabling member
3966
label Biography information for Ian Murray more like this
714661
registered interest false more like this
date less than 2017-03-28more like thismore than 2017-03-28
answering body
HM Treasury more like this
answering dept id 14 more like this
answering dept short name Treasury more like this
answering dept sort name CaTreasury more like this
hansard heading Crossrail Line: Scotland more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask Mr Chancellor of the Exchequer, how much the Scottish Government has received related to Barnett consequentials resulting from the London Crossrail Project; and what assessment has been made of the value of that project to Scottish businesses. more like this
tabling member constituency Edinburgh South remove filter
tabling member printed
Ian Murray more like this
uin 69573 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2017-04-18more like thismore than 2017-04-18
answer text <p>The Barnett formula is applied to all changes in funding for UK government departments in areas that are devolved. The Scottish Government has received Barnett consequentials from Crossrail in the usual way, as set out in the Statement of Funding Policy. These budgetary changes have been reflected in the Scottish Government’s own budget allocations.</p><p> </p><p>Crossrail is an example of how investment in big infrastructure projects creates jobs and business opportunities right across the UK, with a total of 15 suppliers based in Scotland supplying goods or services for Crossrail.</p> more like this
answering member constituency South West Hertfordshire remove filter
answering member printed Mr David Gauke more like this
question first answered
less than 2017-04-18T14:21:47.247Zmore like thismore than 2017-04-18T14:21:47.247Z
answering member
1529
label Biography information for Mr David Gauke more like this
tabling member
3966
label Biography information for Ian Murray more like this
709628
registered interest false more like this
date less than 2017-03-09more like thismore than 2017-03-09
answering body
HM Treasury more like this
answering dept id 14 more like this
answering dept short name Treasury more like this
answering dept sort name CaTreasury more like this
hansard heading Sovereignty: Scotland more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask Mr Chancellor of the Exchequer, what assessment the Government has made of the potential effect on Scotland's economy of referendum on Scottish independence. more like this
tabling member constituency Edinburgh South remove filter
tabling member printed
Ian Murray more like this
uin 67297 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2017-03-14more like thismore than 2017-03-14
answer text <p>Scotland voted decisively to remain part of our United Kingdom in a referendum which the Scottish Government defined as a ‘once in a generation’ vote. The evidence clearly shows that a majority of people in Scotland do not want a second independence referendum. Another referendum would be divisive and cause huge economic uncertainty at the worst possible time.</p> more like this
answering member constituency South West Hertfordshire remove filter
answering member printed Mr David Gauke more like this
question first answered
less than 2017-03-14T13:47:00.023Zmore like thismore than 2017-03-14T13:47:00.023Z
answering member
1529
label Biography information for Mr David Gauke more like this
tabling member
3966
label Biography information for Ian Murray more like this
690222
registered interest false more like this
date less than 2017-02-17more like thismore than 2017-02-17
answering body
HM Treasury more like this
answering dept id 14 more like this
answering dept short name Treasury more like this
answering dept sort name CaTreasury more like this
hansard heading Personal Savings more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask Mr Chancellor of the Exchequer, what assessment he has made of the potential effect of the UK leaving the EU on the household savings ratio. more like this
tabling member constituency Edinburgh South remove filter
tabling member printed
Ian Murray more like this
uin 64232 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2017-02-23more like thismore than 2017-02-23
answer text <p>At Autumn Statement, the independent Office for Budget Responsibility produced their first forecast for the UK economy following the referendum on EU membership in June 2016. The OBR forecast the household saving ratio to fall slightly in 2017, before rising in 2018 and remaining stable over the rest of the forecast.</p> more like this
answering member constituency South West Hertfordshire remove filter
answering member printed Mr David Gauke more like this
question first answered
less than 2017-02-23T10:58:55.967Zmore like thismore than 2017-02-23T10:58:55.967Z
answering member
1529
label Biography information for Mr David Gauke more like this
tabling member
3966
label Biography information for Ian Murray more like this