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1521666

registered interest
date	13/10/2022
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Electricity Generation: Investment
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 (a) Cabinet colleagues and (b) industry stakeholders on the potential merits of amending the provision of relief for investment expenditure in the Energy (Oil and Gas) Profits Levy Act 2022 so it is commensurate with the cost-plus revenue limit facility for low-carbon electricity generators under the Energy Prices Bill.
tabling member constituency	Cynon Valley
tabling member printed	Beth Winter
uin	63019
answer	answer is ministerial correction date of answer 21/10/2022 answer text <p>The Chancellor has regular discussions with Cabinet colleagues on a range of subjects, including energy policy. Discussions among Cabinet colleagues are considered confidential. No specific conversations have happened between the Chancellor and industry stakeholders on this topic.</p><p> </p><p>The Energy Profits Levy was introduced from 26 May in response to sharp increases in oil and gas prices. It is an additional 25% surcharge on UK oil and gas profits on top of the existing 40% headline rate of tax, taking the combined rate of tax on profits to 65%. It includes a new 80% investment allowance to support capital expenditure on oil related activities purposes. It means the total tax relief on investment nearly doubles - for every £1 businesses invest they will overall get a 91p tax saving.</p><p> </p> answering member constituency North East Bedfordshire answering member printed Richard Fuller question first answered 21/10/2022 12:17:06 answering member 3912 label Biography information for Richard Fuller
tabling member	4809 label Biography information for Beth Winter

1522024

registered interest
date	13/10/2022
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Tax Yields
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, how much tax revenue his Department expects to collect in the next 12 months as a result of the tax cuts announced in the Government's economic proposals on 23 September 2022.
tabling member constituency	Warrington North
tabling member printed	Charlotte Nichols
uin	63014
answer	answer is ministerial correction date of answer 21/10/2022 answer text <p>HM Treasury does not publish forecasts of the economy or the public finances. Forecasts of future receipts are produced by the Office for Budget Responsibility (OBR) as part of their Economic and Fiscal Outlook.</p><p> </p><p>The OBR will publish the next economic and fiscal forecast on 31 October. This will assess the fiscal impact of the Chancellor’s medium-term fiscal plan and previously announced measures.</p> answering member constituency North East Bedfordshire answering member printed Richard Fuller question first answered 21/10/2022 12:18:43 answering member 3912 label Biography information for Richard Fuller
tabling member	4799 label Biography information for Charlotte Nichols

1521015

registered interest
date	12/10/2022
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Fiscal Policy
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, To ask the Chancellor of the Exchequer, whether he intends to announce changes to the rates of (a) Income Tax, (b) National Insurance, (c) VAT and (d) excise duties in the (i) Spring Budget 2023 or (ii) Medium-Term Fiscal Plan on 31 October 2022.
tabling member constituency	North Antrim
tabling member printed	Ian Paisley
uin	61919
answer	answer is ministerial correction date of answer 21/10/2022 answer text <p>The Chancellor has announced that the measures in the Growth Plan 2022 to freeze Alcohol Duty and introduce a VAT-free shopping scheme for international tourists will not be taken forward. In addition, the basic rate of Income Tax will remain at 20% indefinitely.</p><p> </p><p>The government will set out further reforms to improve fiscal sustainability at the Medium-Term Fiscal Plan on 31 October.</p> answering member constituency North East Bedfordshire answering member printed Richard Fuller question first answered 21/10/2022 12:15:20 answering member 3912 label Biography information for Richard Fuller
tabling member	4129 label Biography information for Ian Paisley

1521226

registered interest
date	12/10/2022
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Dental Services: 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 of the potential merits of removing VAT on dental care products in the context of the rising cost of living.
tabling member constituency	Southampton, Itchen
tabling member printed	Royston Smith
uin	61984
answer	answer is ministerial correction date of answer 21/10/2022 answer text <p>Under the current VAT rules, dental care products such as toothpaste, toothbrushes, and dental floss, are subject to the standard rate of VAT. However, when specified dental products such as dentures, crowns, and artificial teeth are supplied by a dentist or dental technician, they may be exempt from VAT, meaning no VAT is charged to the final consumer</p><p> </p><p>The Government has no plans to change the VAT treatment of dental care products. However, all taxes are kept under constant review and the Government welcomes representations to help inform future decisions on tax policy, as part of the tax policy making cycle and Budget process.</p><p> </p><p>The Government recognises the pressures that families across the UK are currently facing with the cost of living. The Government’s Energy Price Guarantee will reduce the unit cost of electricity and gas so that a typical household in Great Britain pays, on average, around £2,500 a year on their energy bill, for the next 2 years, from 1 October 2022. The consumer saving will be based on usage, but on average usage a household will save £1,000 a year (based on current prices from October). This comes in addition to the £37 billion cost of living support previously announced, which will provide millions of the most vulnerable households with £800 support through the £150 Council Tax rebate and one-off £650 Cost of Living Payment, with additional support for pensioners and those claiming disability benefits.</p> answering member constituency North East Bedfordshire answering member printed Richard Fuller question first answered 21/10/2022 12:11:58 answering member 3912 label Biography information for Richard Fuller
tabling member	4478 label Biography information for Royston Smith

1521228

registered interest
date	12/10/2022
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Dental Services: VAT
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, what proportion of annual VAT income is derived from dental care products.
tabling member constituency	Southampton, Itchen
tabling member printed	Royston Smith
uin	61985
answer	answer is ministerial correction date of answer 21/10/2022 answer text <p>The information is not available. HM Revenue and Customs does not hold information on VAT revenue from specific products or services, including VAT on dental care products or personal hygiene products. This is because businesses are not required to provide figures at a product level within their VAT returns, as this would impose an excessive administrative burden.</p> answering member constituency North East Bedfordshire answering member printed Richard Fuller grouped question UIN 61987 question first answered 21/10/2022 12:09:54 answering member 3912 label Biography information for Richard Fuller
tabling member	4478 label Biography information for Royston Smith

1521229

registered interest
date	12/10/2022
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Sanitary Products: 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 of the potential merits of removing VAT on personal hygiene products in the context of the rising cost of living.
tabling member constituency	Southampton, Itchen
tabling member printed	Royston Smith
uin	61986
answer	answer is ministerial correction date of answer 21/10/2022 answer text <p>A zero rate of VAT has applied to women’s sanitary products since 1 January 2021. This applies to those products which were previously subject to the reduced rate of 5 per cent, for example, tampons and pads, and to reusable menstrual products, such as keepers.</p><p> </p><p>Although there are currently no plans to remove VAT on all personal hygiene products, the Government keeps all taxes under review and welcomes representations to help inform future decisions on tax policy, as part of the tax policy making cycle and Budget process.</p><p> </p><p>The Government recognises the pressures that families across the UK are currently facing with the cost of living. The Government’s Energy Price Guarantee will reduce the unit cost of electricity and gas so that a typical household in Great Britain pays, on average, around £2,500 a year on their energy bill, for the next 2 years, from 1 October 2022. The consumer saving will be based on usage, but on average usage a household will save £1,000 a year (based on current prices from October). This comes in addition to the £37 billion cost of living support previously announced, which will provide millions of the most vulnerable households with £800 support through the £150 Council Tax rebate and one-off £650 Cost of Living Payment, with additional support for pensioners and those claiming disability benefits.</p> answering member constituency North East Bedfordshire answering member printed Richard Fuller question first answered 21/10/2022 12:26:06 answering member 3912 label Biography information for Richard Fuller
tabling member	4478 label Biography information for Royston Smith

1521230

registered interest
date	12/10/2022
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Hygiene: VAT
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, what proportion of total annual VAT income is derived from personal hygiene products.
tabling member constituency	Southampton, Itchen
tabling member printed	Royston Smith
uin	61987
answer	answer is ministerial correction date of answer 21/10/2022 answer text <p>The information is not available. HM Revenue and Customs does not hold information on VAT revenue from specific products or services, including VAT on dental care products or personal hygiene products. This is because businesses are not required to provide figures at a product level within their VAT returns, as this would impose an excessive administrative burden.</p> answering member constituency North East Bedfordshire answering member printed Richard Fuller grouped question UIN 61985 question first answered 21/10/2022 12:09:54 answering member 3912 label Biography information for Richard Fuller
tabling member	4478 label Biography information for Royston Smith

1521392

registered interest
date	12/10/2022
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Tax Avoidance: Prosecutions
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 number of promoters and operators of schemes now subject to the loan charge have been prosecuted for promoting and operating those schemes.
tabling member constituency	Inverness, Nairn, Badenoch and Strathspey
tabling member printed	Drew Hendry
uin	61981
answer	answer is ministerial correction date of answer 21/10/2022 answer text <p>I refer my hon. Friend to the answer that was given on 3 November 2021 to the Question <a href="https://questions-statements.parliament.uk/written-questions/detail/2021-10-25/62867" target="_blank">UIN 62867</a></p> answering member constituency North East Bedfordshire answering member printed Richard Fuller question first answered 21/10/2022 12:13:27 answering member 3912 label Biography information for Richard Fuller
tabling member	4467 label Biography information for Drew Hendry

1521428

registered interest
date	12/10/2022
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Tax Avoidance: Costs
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, how much it will cost to staff and administer the Loan Charge, including the cost of legal advice and consultants.
tabling member constituency	Edinburgh South
tabling member printed	Ian Murray
uin	61846
answer	answer is ministerial correction date of answer 21/10/2022 answer text <p>HM Revenue and Customs (HMRC) does not hold a breakdown of the total amount of costs relating to the Loan Charge. Although HMRC attributes sums to certain specific business areas, it cannot further break down the sums to cost specific tasks undertaken by those business areas.</p><p> </p><p>The Loan Charge was introduced in 2016 to tackle disguised remuneration tax avoidance schemes. There are a number of different teams that work on the Loan Charge including policy, delivery, operational, and legal. HMRC will also sometimes resource from outside those teams; for example, HMRC will, when needed, incur costs instructing external bodies such as counsel.</p><p> </p><p>To obtain and compile a total cost figure for all costs relating to the Loan Charge since 2016 would therefore come at a disproportionate cost.</p> answering member constituency North East Bedfordshire answering member printed Richard Fuller question first answered 21/10/2022 12:20:25 answering member 3912 label Biography information for Richard Fuller
tabling member	3966 label Biography information for Ian Murray

1521429

registered interest
date	12/10/2022
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, for what reason HMRC pursues employees complicit in the use of loan schemes and not employers.
tabling member constituency	Edinburgh South
tabling member printed	Ian Murray
uin	61847
answer	answer is ministerial correction date of answer 21/10/2022 answer text <p>Where an employee has used a disguised remuneration (DR) scheme, HM Revenue and Customs (HMRC) will go to the employer to settle the tax due in the first instance. Approximately 80 per cent of the £3.4 billion HMRC brought into charge through DR settlements, between March 2016 and the end of March 2022, was from employers.</p><p> </p><p>Liability for the tax is always that of the individual and HMRC will consider other options when collection from the employer is not possible, such as when the employer no longer exists or is based offshore. Parliament has provided a range of statutory powers allowing HMRC, in certain circumstances, to collect the amount due from the employee.</p> answering member constituency North East Bedfordshire answering member printed Richard Fuller question first answered 21/10/2022 12:22:16 answering member 3912 label Biography information for Richard Fuller
tabling member	3966 label Biography information for Ian Murray