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832901

registered interest
date	29/01/2018
answering body	HM Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	CaTreasury
hansard heading	Offshore Industry: Taxation
house id	1
legislature	25259 pref label House of Commons
question text	To ask Mr Chancellor of the Exchequer, what assessment he has made of the potential economic benefits arising from the proposals on transferable tax history in the oil and gas sector set out in Autumn Budget 2017.
tabling member constituency	Aberdeen South
tabling member printed	Ross Thomson
uin	125217
answer	answer is ministerial correction date of answer 06/02/2018 answer text <p>At the Autumn Budget, the government announced it would introduce a Transferable Tax History for oil &amp; gas companies. This will give investors in UK oil and gas fields certainty that they will be able to get tax relief for decommissioning assets. This should encourage new investment in older oil and gas fields, keeping them producing for longer and supporting employment.</p><p> </p><p>The main industry body, Oil and Gas UK, in response to the Budget announcement have said that a Transferable Tax History would be <em>‘a vital step that can bring in new investment to increase recovery from existing fields and fund fresh investment which is key to generating activity for our hard-pressed supply chain. It will also help extend the lives of many mature fields and postpone decommissioning.’</em></p><p> </p><p>This builds on the £2.3bn of fiscal support the government has already provided to the UK oil and gas industry, including a package of tax cuts across Budget 2015 and 2016, £40m of funding for seismic surveys to support exploration, and the introduction of a new Investment Allowance. As a result, the UK now has one of the most competitive tax regimes in the world for oil and gas, further supporting investment and jobs.</p> answering member constituency Newark answering member printed Robert Jenrick question first answered 06/02/2018 16:43:40 answering member 4320 label Biography information for Robert Jenrick
tabling member	4599 label Biography information for Ross Thomson

830367

registered interest
date	25/01/2018
answering body	HM Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	CaTreasury
hansard heading	Industry
house id	1
legislature	25259 pref label House of Commons
question text	To ask Mr Chancellor of the Exchequer, what steps he is taking to ensure greater cooperation with the Secretary of State for Business, Energy and Industrial Strategy in order to achieve the objectives of the Industrial Strategy.
tabling member constituency	Newcastle upon Tyne Central
tabling member printed	Chi Onwurah
uin	124933
answer	answer is ministerial correction date of answer 01/02/2018 answer text <p>The Industrial Strategy is an ambitious new partnership between government and businesses, academia, local government and devolved administrations, that will help the UK prepare for the future.</p><p> </p><p>The Industrial Strategy is a collaborative cross-Government project, with clear support from both the Prime Minister and Chancellor.</p><p> </p><p>Government departments will continue to work together to achieve the objectives outlined in the Industrial Strategy, including tackling the barriers to productivity growth and driving investment in the technologies of the future.</p> answering member constituency Newark answering member printed Robert Jenrick question first answered 01/02/2018 15:33:55 answering member 4320 label Biography information for Robert Jenrick
tabling member	4124 label Biography information for Chi Onwurah

830420

registered interest
date	25/01/2018
answering body	HM Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	CaTreasury
hansard heading	Air Passenger Duty
house id	1
legislature	25259 pref label House of Commons
question text	To ask Mr Chancellor of the Exchequer, whether his Department plans to undertake a review of air passenger duty.
tabling member constituency	Cardiff Central
tabling member printed	Jo Stevens
uin	124986
answer	answer is ministerial correction date of answer 30/01/2018 answer text <p>The Chancellor keeps all taxes under continuous review, including air passenger duty.</p> answering member constituency Newark answering member printed Robert Jenrick question first answered 30/01/2018 12:53:46 answering member 4320 label Biography information for Robert Jenrick
tabling member	4425 label Biography information for Jo Stevens

829966

registered interest
date	24/01/2018
answering body	HM Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	CaTreasury
hansard heading	Treasury: Public Expenditure
house id	1
legislature	25259 pref label House of Commons
question text	To ask Mr Chancellor of the Exchequer, how much his Department has spent on (a) art, (b) wine and (c) hospitality in each of the last seven financial years for which figures are available.
tabling member constituency	Ellesmere Port and Neston
tabling member printed	Justin Madders
uin	124700
answer	answer is ministerial correction date of answer 30/01/2018 answer text <p>HM Treasury does not own, pay for or insure any art in the building it occupies at 1 Horse Guard’s Road. Art that is displayed throughout the building is rented from the Government Art Collection at nil cost.</p><p> </p><p>Wine is not purchased independently but included within catering expenditure on hospitality. It is not possible to identify the cost of wine within amounts paid and accrued for hospitality catering.</p><p> </p><p>The breakdown of the core department’s hospitality costs for the last seven years can be found in the table below.</p><p> </p><table><tbody><tr><td><p>Financial year</p></td><td><p>Hospitality</p></td></tr><tr><td><p>2011-12</p></td><td><p>£14,453</p></td></tr><tr><td><p>2012-13</p></td><td><p>£6,224</p></td></tr><tr><td><p>2013-14</p></td><td><p>£12,568</p></td></tr><tr><td><p>2014-15</p></td><td><p>£8,994</p></td></tr><tr><td><p>2015-16</p></td><td><p>£24,133</p></td></tr><tr><td><p>2016-17</p></td><td><p>£10,023</p></td></tr><tr><td><p>2017-18*</p></td><td><p>£3,702</p></td></tr></tbody></table><p> </p><p>*the 2017-18 costs reflect amounts paid and accrued in the financial year to date.</p> answering member constituency Newark answering member printed Robert Jenrick question first answered 30/01/2018 14:31:59 answering member 4320 label Biography information for Robert Jenrick
tabling member	4418 label Biography information for Justin Madders

830111

registered interest
date	24/01/2018
answering body	HM Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	CaTreasury
hansard heading	Treasury: Directors
house id	1
legislature	25259 pref label House of Commons
question text	To ask Mr Chancellor of the Exchequer, who the lead non-executive director and other non-executive director board members are in his Department.
tabling member constituency	Vale of Clwyd
tabling member printed	Chris Ruane
uin	124798
answer	answer is ministerial correction date of answer 30/01/2018 answer text <p>The non-executive director board members are:</p><p> </p><ul><li><p>Dame Amelia Fawcett (interim Lead Non-Executive)</p></li><li><p>Richard Meddings</p></li><li><p>Tim Score</p><p> </p><p>The department is currently recruiting for 3 Non-Executive Directors, and a lead non-executive will be appointed, drawn from the existing and new non-executive members of the board.</p><p> </p><p> </p></li></ul> answering member constituency Newark answering member printed Robert Jenrick question first answered 30/01/2018 14:19:19 answering member 4320 label Biography information for Robert Jenrick
tabling member	534 label Biography information for Chris Ruane