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79302

registered interest
date	22/07/2014
answering body	HM Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	CaTreasury
hansard heading	Sanitary Products: VAT
house id	1
legislature	25259 pref label House of Commons
question text	To ask Mr Chancellor of the Exchequer, what recent representations he has made to the European Commission on the removal of VAT on sanitary products; and if he will make a statement.
tabling member constituency	Colchester
tabling member printed	Sir Bob Russell
uin	206878
answer	answer is ministerial correction date of answer 01/09/2014 answer text <p>The Government has frequent discussions with the European Commission on a wide range of issues.</p><p> </p><p> </p><p>Since 2001, the UK has applied a 5% reduced rate of VAT, the lowest permissible under EU law, to the supply of sanitary products.</p> answering member constituency South West Hertfordshire answering member printed Mr David Gauke question first answered 01/09/2014 16:09:15 answering member 1529 label Biography information for Mr David Gauke
tabling member	35 label Biography information for Sir Bob Russell

79002

registered interest
date	21/07/2014
answering body	HM Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	CaTreasury
hansard heading	Personal Pensions: Fees and Charges
house id	1
legislature	25259 pref label House of Commons
question text	To ask Mr Chancellor of the Exchequer, if he will hold discussions with the Financial Conduct Authority on addressing the challenges faced by people who are not yet retired who hold personal pensions which commenced between 1970 and 2000, and who are no longer contributing, but are being charged annual fees which reduce the amount in their pensions.
tabling member constituency	East Londonderry
tabling member printed	Mr Gregory Campbell
uin	206726
answer	answer is ministerial correction date of answer 01/09/2014 answer text <p>As a conduct of business regulator, the Financial Conduct Authority’s role is to promote effective competition in the interests of consumers, secure an appropriate degree of protection for consumers, and to protect and enhance the integrity of the UK financial system. The Government works closely with the FCA. It is, however, important that the FCA, as an independent regulatory authority, has the ability to develop rules without undue fear of direct intervention by Government.</p> answering member constituency South West Hertfordshire answering member printed Mr David Gauke question first answered 01/09/2014 16:07:47 answering member 1529 label Biography information for Mr David Gauke
tabling member	1409 label Biography information for Mr Gregory Campbell

79007

registered interest
date	21/07/2014
answering body	HM Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	CaTreasury
hansard heading	Foreign Investment in UK
house id	1
legislature	25259 pref label House of Commons
question text	To ask Mr Chancellor of the Exchequer, what estimate he has made of the amount of foreign direct investment generated since 2010 as a direct result of the lower rate of corporation tax.
tabling member constituency	Windsor
tabling member printed	Adam Afriyie
uin	206722
answer	answer is ministerial correction date of answer 01/09/2014 answer text <p>Since 2010, the Government has cut the main rate of corporation tax from 28% to 21%. It will fall further next year, to 20%, giving the UK the joint lowest rate of corporation tax in the G20. The Small Profits Rate has also been cut to 20%.</p><p> </p><p>These cuts are a central part of the Government’s long-term economic plan. They are intended to make the UK more competitive, supporting business investment and job creation.</p><p> </p><p>Government modeling suggests that the corporation tax cuts introduced in this parliament will:</p><p>· increase business investment by between 2.5% and 4.5% (£3.6bn to £6bn in today’s prices) in the long term</p><p>· increase GDP by between 0.6% and 0.8% (£9.6bn to £12.2bn in today’s prices) in the long term</p><p> </p><p>Foreign direct investment decisions are influenced by a range of factors including skills, market access, and infrastructure. Consequently, it is difficult to isolate the exact impact of the corporation tax cuts from reform in other areas. But recently published data on inward investment has been very encouraging.</p><p> </p><p>In their 2013/2014 Inward Investment Report, UKTI said ONS data showed the value of FDI stock increased from £725.6bn in 2010, to £936.5bn in 2012.</p><p> </p><p>UKTI also reported that the UK attracted more inward investment projects last year than in any year since records began in the 1980s. UKTI recorded 1773 projects, creating 66,390 new jobs.</p><p> </p><p>This is supported by analysis from Ernst and Young, who use their own independent database to assess inward investment. Ernst and Young’s Annual Attractiveness Survey, published in June, showed the number of inward investment projects in the UK had risen by 15% in the past year, against the background of a European market that grew by just 4%.</p><p> </p><p> </p><p>As noted above, it is difficult to isolate the impact of tax policy on these trends, and UKTI does not have estimates of how much of the new investment has been a direct result of the lower rate of corporation tax. But it is clear that the corporation tax reforms have changed perceptions of the UK competitiveness. For the past two years, the UK has ranked highest in the KPMG survey on international tax competitiveness, ahead of countries including the US, the Netherlands and Switzerland.</p> answering member constituency South West Hertfordshire answering member printed Mr David Gauke question first answered 01/09/2014 16:21:34 answering member 1529 label Biography information for Mr David Gauke
tabling member	1586 label Biography information for Adam Afriyie

79009

registered interest
date	21/07/2014
answering body	HM Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	CaTreasury
hansard heading	Income Tax
house id	1
legislature	25259 pref label House of Commons
question text	To ask Mr Chancellor of the Exchequer, how many people in (a) the UK and (b) North Yorkshire no longer pay income tax as a result of changes in the personal income tax threshold introduced since 2010.
tabling member constituency	Harrogate and Knaresborough
tabling member printed	Andrew Jones
uin	206808
answer	answer is ministerial correction date of answer 01/09/2014 answer text <p>By April this year this Government's increases in the personal allowance (for those born after 5 April 1948) are estimated to have taken over 3 million individuals out of the income tax system altogether. 266,000 of these individuals live in the Yorkshire and The Humber region, which includes North Yorkshire.</p><p> </p><p>These estimates are based on the 2011-12 Survey of Personal Incomes, projected to 2014-15 using economic assumptions consistent with the Office for Budget Responsibility’s March 2014 economic and fiscal outlook.</p><p> </p><p> </p><p>HM Treasury does not publish this information at constituency level.</p> answering member constituency South West Hertfordshire answering member printed Mr David Gauke question first answered 01/09/2014 16:13:11 answering member 1529 label Biography information for Mr David Gauke
tabling member	3996 label Biography information for Andrew Jones

78882

registered interest
date	18/07/2014
answering body	HM Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	CaTreasury
hansard heading	Shipping: Pay
house id	1
legislature	25259 pref label House of Commons
question text	To ask Mr Chancellor of the Exchequer, what estimate he has made of the additional annual cost to the public purse resulting from the extension of seafarers' earnings deduction to all EU and European Economic Area seafarers in 2011.
tabling member constituency	Newcastle upon Tyne North
tabling member printed	Catherine McKinnell
uin	206601
answer	answer is ministerial correction date of answer 01/09/2014 answer text <p>Budget 2010 published the estimated annual Exchequer cost of £5million resulting from the extension of Seafarers’ Earnings Deduction (SED) to EU and European Economic Area seafarers from 2011.</p><p> </p><p>HMRC publishes the estimated cost of SED each December. This can be found at:<a href="https://www.gov.uk/search?q=main+tax+expenditures+and+structural+reliefs" target="_blank">https://www.gov.uk/search?q=main+tax+expenditures+and+structural+reliefs</a></p><p> </p><p> </p><p>For the majority of claimants the SED reduces their income tax liability to zero.</p> answering member constituency South West Hertfordshire answering member printed Mr David Gauke grouped question UIN 206602 206603 question first answered 01/09/2014 16:35:49 answering member 1529 label Biography information for Mr David Gauke
tabling member	4125 label Biography information for Catherine McKinnell

78883

registered interest
date	18/07/2014
answering body	HM Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	CaTreasury
hansard heading	Shipping: Pay
house id	1
legislature	25259 pref label House of Commons
question text	To ask Mr Chancellor of the Exchequer, what estimate he has made of the (a) number of seafarers claiming the seafarers' earnings deduction (SED) and (b) the cost to the public purse of SED in (i) 2009-10, (ii) 2010-11, (iii) 2011-12, (iv) 2012-13 and (v) 2013-14.
tabling member constituency	Newcastle upon Tyne North
tabling member printed	Catherine McKinnell
uin	206602
answer	answer is ministerial correction date of answer 01/09/2014 answer text <p>Budget 2010 published the estimated annual Exchequer cost of £5million resulting from the extension of Seafarers’ Earnings Deduction (SED) to EU and European Economic Area seafarers from 2011.</p><p> </p><p>HMRC publishes the estimated cost of SED each December. This can be found at:<a href="https://www.gov.uk/search?q=main+tax+expenditures+and+structural+reliefs" target="_blank">https://www.gov.uk/search?q=main+tax+expenditures+and+structural+reliefs</a></p><p> </p><p> </p><p>For the majority of claimants the SED reduces their income tax liability to zero.</p> answering member constituency South West Hertfordshire answering member printed Mr David Gauke grouped question UIN 206601 206603 question first answered 01/09/2014 16:35:50 answering member 1529 label Biography information for Mr David Gauke
tabling member	4125 label Biography information for Catherine McKinnell

78884

registered interest
date	18/07/2014
answering body	HM Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	CaTreasury
hansard heading	Shipping: Pay
house id	1
legislature	25259 pref label House of Commons
question text	To ask Mr Chancellor of the Exchequer, what estimate he has made of the proportion of seafarers claiming seafarers' earnings deduction who were (a) basic, (b) higher and (c) additional rate income taxpayers in (i) 2009-10, (ii) 2010-11, (iii) 2011-12, (iv) 2012-13 and (v) 2013-14.
tabling member constituency	Newcastle upon Tyne North
tabling member printed	Catherine McKinnell
uin	206603
answer	answer is ministerial correction date of answer 01/09/2014 answer text <p>Budget 2010 published the estimated annual Exchequer cost of £5million resulting from the extension of Seafarers’ Earnings Deduction (SED) to EU and European Economic Area seafarers from 2011.</p><p> </p><p>HMRC publishes the estimated cost of SED each December. This can be found at:<a href="https://www.gov.uk/search?q=main+tax+expenditures+and+structural+reliefs" target="_blank">https://www.gov.uk/search?q=main+tax+expenditures+and+structural+reliefs</a></p><p> </p><p> </p><p>For the majority of claimants the SED reduces their income tax liability to zero.</p> answering member constituency South West Hertfordshire answering member printed Mr David Gauke grouped question UIN 206601 206602 question first answered 01/09/2014 16:35:50 answering member 1529 label Biography information for Mr David Gauke
tabling member	4125 label Biography information for Catherine McKinnell

77861

registered interest
date	15/07/2014
answering body	HM Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	CaTreasury
hansard heading	Tax Evasion
house id	1
legislature	25259 pref label House of Commons
question text	To ask Mr Chancellor of the Exchequer, pursuant to the Answer of 10 February 2014, Official Report, column 438W, on tax evasion, what recent progress has been made by HM Revenue and Customs (HMRC) in initiating proceedings against all current HMRC fugitives; and if he will make a statement.
tabling member constituency	Birmingham, Ladywood
tabling member printed	Shabana Mahmood
uin	206010
answer	answer is ministerial correction date of answer 01/09/2014 answer text <p>HMRC continues to work towards bringing all current HMRC Fugitives facing legal proceedings before the UK Courts. They use all available systems and resources to locate and trace individuals. This includes working closely with HMRC’s Fiscal Liaison Officers based overseas, Crown Prosecution Service, National Crime Agency, Interpol and other International Partners.</p><p> </p><p> </p><p>HMRC will publish an update in due course.</p> answering member constituency South West Hertfordshire answering member printed Mr David Gauke question first answered 01/09/2014 16:32:03 answering member 1529 label Biography information for Mr David Gauke
tabling member	3914 label Biography information for Shabana Mahmood

77525

registered interest
date	14/07/2014
answering body	HM Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	CaTreasury
hansard heading	Business: Capital Allowances
house id	1
legislature	25259 pref label House of Commons
question text	To ask Mr Chancellor of the Exchequer, how many businesses received the annual investment allowance in (a) 2010-11, (b) 2011-12 and (c) 2012-13.
tabling member constituency	Windsor
tabling member printed	Adam Afriyie
uin	205500
answer	answer is ministerial correction date of answer 01/09/2014 answer text <p>Annual Investment Allowance (AIA) has been used to encourage investment in plant and machinery by all businesses. The number of unincorporated businesses and companies that received AIA is presented in the table below, and has been rounded to the nearest 1,000. The latest year for which figures are available is 2011-12.</p><p> </p><table><tbody><tr><td> </td><td><p>2010-11</p></td><td><p>2011-12</p></td></tr><tr><td><p>Number Of AIA Claims</p></td><td><p>1,203,000</p></td><td><p>1,222,000</p></td></tr></tbody></table><p> </p><p> </p> answering member constituency South West Hertfordshire answering member printed Mr David Gauke question first answered 01/09/2014 16:31:01 answering member 1529 label Biography information for Mr David Gauke
tabling member	1586 label Biography information for Adam Afriyie