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1642771

registered interest
date	07/06/2023
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	National Insurance
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, pursuant to the Answer of 16 May 2023 to Question 184648 on National Insurance, whether his Department has made an assessment of the potential impact of the change to the national insurance credit system from a manual to automated system on the accuracy of national insurance figures distributed to recipients.
tabling member constituency	Newcastle upon Tyne Central
tabling member printed	Chi Onwurah
uin	188266
answer	answer is ministerial correction date of answer 12/06/2023 answer text <p>National Insurance credits are awarded for various reasons. Those awarded because of entitlement to benefits administered by DWP are awarded using automated interfaces between DWP and HMRC systems. The award of credits on HMRC systems is governed by the data provided by DWP.</p><p>Taxpayers can view their National Insurance record on their Personal Tax Account. If they think credits are wrong or missing, they are advised to contact either DWP or HMRC, depending on the type of credit they want to query.</p><p> </p> answering member constituency Louth and Horncastle answering member printed Victoria Atkins question first answered 12/06/2023 13:49:07 answering member 4399 label Biography information for Victoria Atkins
tabling member	4124 label Biography information for Chi Onwurah

1642772

registered interest
date	07/06/2023
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Electric Vehicles: VAT
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, whether his Department has made an estimate of the average annual amount of VAT paid by electric vehicle drivers (a) with and (b) without home charging.
tabling member constituency	Newcastle upon Tyne Central
tabling member printed	Chi Onwurah
uin	188267
answer	answer is ministerial correction date of answer 12/06/2023 answer text <p>HM Revenue and Customs do not hold information on the VAT paid on specific products or services because businesses are not required to provide figures at a product level on their VAT returns. Requesting these figures will impose excessive administrative burden on businesses.</p> answering member constituency Louth and Horncastle answering member printed Victoria Atkins question first answered 12/06/2023 14:16:01 answering member 4399 label Biography information for Victoria Atkins
tabling member	4124 label Biography information for Chi Onwurah

1626949

registered interest
date	11/05/2023
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Child Trust Fund: North East
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, if he will make an estimate of the number and proportion of people who are unable to access their Child Trust Funds in (a) Newcastle upon Tyne Central constituency and (b) the North East.
tabling member constituency	Newcastle upon Tyne Central
tabling member printed	Chi Onwurah
uin	184650
answer	answer is ministerial correction date of answer 17/05/2023 answer text <p>Information on Child Trust Funds as of 5<sup>th</sup> April 2021, are available in HMRC’s Annual Savings Statistics. This includes figures on matured accounts which have been claimed and which have not been claimed.</p><p><a href="https://www.gov.uk/government/statistics/annual-savings-statistics-2022" target="_blank"><em>https://www.gov.uk/government/statistics/annual-savings-statistics-2022</em></a></p><p> </p><p>Equivalent statistics up to April 2022 will be released on 22<sup>nd</sup> June 2023.</p><p> </p><p>A geographical breakdown of the data for matured accounts that have not been claimed could only be provided at a disproportionate cost.</p><p> </p><p>While some matured accounts have not been claimed yet, no accounts are inaccessible.</p> answering member constituency Louth and Horncastle answering member printed Victoria Atkins question first answered 17/05/2023 13:16:48 answering member 4399 label Biography information for Victoria Atkins
tabling member	4124 label Biography information for Chi Onwurah

1608035

registered interest
date	27/03/2023
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Small Businesses: Research
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, pursuant to the Answer of 23 March 2023 to Question 167111 on Research and Development Tax Credit, whether his Department has made an estimate of the number and proportion of SMEs claiming R&D tax credits that have R&D expenditure of between 25 and 39 per cent of their total expenditure.
tabling member constituency	Newcastle upon Tyne Central
tabling member printed	Chi Onwurah
uin	174290
answer	answer is ministerial correction date of answer 03/04/2023 answer text For 2023/24, it is estimated that there will be around 7,000 Small and Medium-Sized Enterprises (SMEs) claiming R&amp;D tax credits that will have an R&amp;D expenditure between 25 percent and 39 percent of their total expenditure. This is based on 2019-20 data projected forward in line with the Office for Budget Responsibilities economic forecasts, so is subject to the usual uncertainties surrounding forecast values.<p> </p><p> </p>To support those most impacted by the R&amp;D tax relief rate changes announced at Autumn Statement 2022, the additional tax relief for R&amp;D intensive SMEs announced at Spring Budget 2023 is targeted specifically at loss making R&amp;D intensive SMEs, who are most impacted by the changes. answering member constituency Louth and Horncastle answering member printed Victoria Atkins question first answered 03/04/2023 08:09:33 answering member 4399 label Biography information for Victoria Atkins
tabling member	4124 label Biography information for Chi Onwurah

1606072

registered interest
date	21/03/2023
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Research: Tax Allowances
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, with reference to paragraph 4.52 of the Spring Budget Report 2023, HC1183, published on 15 March 2023, what estimate his Department has made of the potential impact of the postponement of restrictions on overseas R&D tax reliefs expenditure on R&D investment in the financial years (a) 2022-23 and (b) 2023-24.
tabling member constituency	Newcastle upon Tyne Central
tabling member printed	Chi Onwurah
uin	170595
answer	answer is ministerial correction date of answer 24/03/2023 answer text <p>The previously announced restriction on some overseas expenditure will now come into effect from 1 April 2024 instead of 1 April 2023. This will allow the Government to consider the interaction between this restriction and the design of a potential merged R&amp;D relief.</p><p>Overall, R&amp;D reliefs will support an estimated £60 billion of business R&amp;D expenditure in 2027-2028, a 50 per cent increase from £40 billion in 2020-21. Expenditure on R&amp;D reliefs is forecast to increase in every year of the scorecard period.</p><p> </p> answering member constituency Louth and Horncastle answering member printed Victoria Atkins question first answered 24/03/2023 14:52:15 answering member 4399 label Biography information for Victoria Atkins
tabling member	4124 label Biography information for Chi Onwurah

1605510

registered interest
date	20/03/2023
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	3D Printing: Capital Allowances
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, whether investments in 3D printers qualify for full expensing as part of the capital allowances scheme announced in the Spring Budget 2023, HC1183.
tabling member constituency	Newcastle upon Tyne Central
tabling member printed	Chi Onwurah
uin	169278
answer	answer is ministerial correction date of answer 27/03/2023 answer text <p>Full expensing is available for qualifying expenditure on main rate plant or machinery incurred on or after 1 April 2023 but before 1 April 2026 subject to certain conditions. A 3D printer is a machine so it would be eligible for full expensing provided the other conditions are met. For example, the expenditure must be incurred by a company within the charge to corporation tax, the plant or machinery must be new, and must not be bought to lease to someone else. More details on the conditions for full expensing are available at the following link: <a href="https://www.gov.uk/government/publications/full-expensing" target="_blank"><em>https://www.gov.uk/government/publications/full-expensing</em></a><em>.</em></p> answering member constituency Louth and Horncastle answering member printed Victoria Atkins question first answered 27/03/2023 09:08:02 answering member 4399 label Biography information for Victoria Atkins
tabling member	4124 label Biography information for Chi Onwurah

1604987

registered interest
date	16/03/2023
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Research: Tax Allowances
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, with reference to paragraph 4.52 of the Spring Budget 2023, published on 15 March 2023, HC 1183, whether his Department plans to provide at least 12 months' notice before any research and development tax credit scheme merger.
tabling member constituency	Newcastle upon Tyne Central
tabling member printed	Chi Onwurah
uin	167109
answer	answer is ministerial correction date of answer 21/03/2023 answer text <p>As stated in the consultation on merging the research and development R&amp;D tax schemes published on 13 January 2023, it is currently the Government’s intention that, if implemented, the new scheme will be in place for expenditure incurred from 1 April 2024. In order to keep open the option of a merged scheme, the government will publish a summary of responses to the consultation and draft legislation in the Summer.</p><p> </p><p>Any further changes as a part of the ongoing R&amp;D tax reliefs review will be announced at a future fiscal event, including a final decision on whether to merge the R&amp;D expenditure credit and SME schemes.</p> answering member constituency Louth and Horncastle answering member printed Victoria Atkins question first answered 21/03/2023 15:11:35 answering member 4399 label Biography information for Victoria Atkins
tabling member	4124 label Biography information for Chi Onwurah

1604988

registered interest
date	16/03/2023
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Small Businesses: Tax Allowances
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, with reference of paragraph 4.51 of the Spring Budget 2023, HC1183, published on 15 March 2023, what estimate his Department has made of how many small and medium-sized enterprises in each region are eligible for additional tax relief for Research and Development intensive small and medium-sized enterprises ..
tabling member constituency	Newcastle upon Tyne Central
tabling member printed	Chi Onwurah
uin	167110
answer	answer is ministerial correction date of answer 21/03/2023 answer text <p>The government expects that around 20,000 SMEs per year across the UK will benefit from the additional tax relief for loss-making R&amp;D intensive SMEs that was announced at Spring Budget.</p><p> </p><p>HMRC publish annual statistics on the regional distribution of R&amp;D tax credit claims by the company’s registered address (the registered address may not be where actual R&amp;D activity is carried out) here: <a href="https://www.gov.uk/government/statistics/corporate-tax-research-and-development-tax-credit" target="_blank"><em>https://www.gov.uk/government/statistics/corporate-tax-research-and-development-tax-credit</em></a></p> answering member constituency Louth and Horncastle answering member printed Victoria Atkins question first answered 21/03/2023 16:22:12 answering member 4399 label Biography information for Victoria Atkins
tabling member	4124 label Biography information for Chi Onwurah

1604989

registered interest
date	16/03/2023
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Research: Tax Allowances
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, how many SMEs claiming R&D tax credits have R&D expenditure between 25 percent and 39 percent of their total expenditure.
tabling member constituency	Newcastle upon Tyne Central
tabling member printed	Chi Onwurah
uin	167111
answer	answer is ministerial correction date of answer 23/03/2023 answer text <p>To support those most impacted by the Research and Development (R&amp;D) tax relief rate changes announced at Autumn Statement 2022, the additional tax relief for R&amp;D intensive SMEs announced at Spring Budget 2023 is targeted specifically at loss-making R&amp;D intensive SMEs, who are most affected by the changes.</p> answering member constituency Louth and Horncastle answering member printed Victoria Atkins question first answered 23/03/2023 17:40:22 answering member 4399 label Biography information for Victoria Atkins
tabling member	4124 label Biography information for Chi Onwurah

1604629

registered interest
date	15/03/2023
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Small Businesses: 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 Spring Budget, HC 1183, point 4.51, what analysis was undertaken by his Department when determining the qualifying criteria for the additional tax relief for small and medium sized enterprises; on what evidential basis this is estimated to cost (a) £40 million in 2023-24 and (b) £285 million in 2024-25; and if he will make an assessment of the potential impact of this policy on capital investment for small and medium sized enterprises that fall beneath the 40 per cent threshold.
tabling member constituency	Newcastle upon Tyne Central
tabling member printed	Chi Onwurah
uin	166214
answer	answer is ministerial correction date of answer 20/03/2023 answer text <p>The Government recognises the value of R&amp;D intensive SMEs to the UK’s wider innovation ecosystem, and at Autumn Statement 2022 committed to working with industry ahead of Budget to understand whether further support is necessary for R&amp;D intensive SMEs.</p><p> </p><p>It is the most R&amp;D intensive loss-making companies that are most affected by the AS22 rate changes, and which the additional tax relief is seeking to target.</p><p> </p><p>The Government has estimated around 20,000 SMEs will benefit from this scheme per year. This estimate and the estimated cost of the measure are based on HMRC administrative data. The costing has been independently certified by the Office for Budget Responsibility and the process to calculate the costing can be found here: <a href="https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/1142824/Costing_Document_-_Spring_Budget_2023.pdf" target="_blank"><em>https://assets.publishing.service.gov.uk/Government /uploads/system/uploads/attachment_data/file/1142824/Costing_Document_-_Spring_Budget_2023.pdf</em></a></p><p> </p><p>Further detail on the economic impact of the scheme will be published in the tax information and impact note ahead of being legislated for in an upcoming Finance Bill, in the usual way.</p><p> </p><p>The Government will keep the scheme design under review to ensure it is effective and delivering value for money.</p><p> </p> answering member constituency Louth and Horncastle answering member printed Victoria Atkins grouped question UIN 166216 question first answered 20/03/2023 16:56:48 answering member 4399 label Biography information for Victoria Atkins
tabling member	4124 label Biography information for Chi Onwurah