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1467279

registered interest
date	01/06/2022
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, what steps he plans to take to ensure that data shared with the UK under the Common Reporting Standard are used to estimate the proportion of UK residents that had properly reported their overseas accounts.
tabling member constituency	Liverpool, Walton
tabling member printed	Dan Carden
uin	11839
answer	answer is ministerial correction date of answer 08/06/2022 answer text <p>The Common Reporting Standard (CRS) provides HMRC with critical information which is playing a major role in tackling offshore tax non-compliance.</p><p>When CRS data is received, HMRC systematically compare it to customer information and tax records, to establish whether UK taxpayers have properly reported their overseas income and determine the appropriate response.</p><p>The CRS data contains millions of records and is just one of many data sources which HMRC has access to. UK taxpayers are not generally required to report overseas accounts. Instead, they must report taxable income and gains, so HMRC cannot estimate the proportion of accounts properly reported. However, HMRC does plan to calculate and publish a new stand-alone estimate of the offshore tax not being correctly reported by individuals next year, an ‘offshore tax gap’, for the ‘Measuring tax gaps 2023 edition’.</p> answering member constituency South East Cambridgeshire answering member printed Lucy Frazer question first answered 08/06/2022 16:23:36 answering member 4517 label Biography information for Lucy Frazer
tabling member	4651 label Biography information for Dan Carden

1467280

registered interest
date	01/06/2022
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Capital Allowances
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, what estimate he has made of the cost to the Exchequer of the investment allowance announced in his Economy Update on 26 May 2022.
tabling member constituency	Hayes and Harlington
tabling member printed	John McDonnell
uin	11542
answer	answer is ministerial correction date of answer 13/06/2022 answer text <p>The new Energy Profits Levy will raise around £5 billion over the next year. This figure factors in the investment allowance.</p><p> </p><p>The Government expects the combination of the Levy and the investment allowance to lead to an overall increase in investment.</p><p> </p><p>The Levy will be legislated for shortly, and a Tax Information and Impact Note will be published as standard. A full costing of the policy will be certified by the independent Office for Budget Responsibility at Autumn Budget 2022.</p> answering member constituency South East Cambridgeshire answering member printed Lucy Frazer grouped question UIN 11543 11840 question first answered 13/06/2022 14:43:21 answering member 4517 label Biography information for Lucy Frazer
tabling member	178 label Biography information for John McDonnell

1467281

registered interest
date	01/06/2022
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Capital Allowances
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, what modelling his Department has undertaken on the extra investment that will be brought forward as a result of the introduction of the investment allowance announced in his Economy Update on 26 May 2022.
tabling member constituency	Hayes and Harlington
tabling member printed	John McDonnell
uin	11543
answer	answer is ministerial correction date of answer 13/06/2022 answer text <p>The new Energy Profits Levy will raise around £5 billion over the next year. This figure factors in the investment allowance.</p><p> </p><p>The Government expects the combination of the Levy and the investment allowance to lead to an overall increase in investment.</p><p> </p><p>The Levy will be legislated for shortly, and a Tax Information and Impact Note will be published as standard. A full costing of the policy will be certified by the independent Office for Budget Responsibility at Autumn Budget 2022.</p> answering member constituency South East Cambridgeshire answering member printed Lucy Frazer grouped question UIN 11542 11840 question first answered 13/06/2022 14:43:21 answering member 4517 label Biography information for Lucy Frazer
tabling member	178 label Biography information for John McDonnell

1467293

registered interest
date	01/06/2022
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Fossil Fuels: 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 Government's temporary Energy Profits Levy, what assessment was carried out of the potential impact of the investment allowance incentivising new oil and gas extraction on the Government's net-zero commitments.
tabling member constituency	Liverpool, Walton
tabling member printed	Dan Carden
uin	11840
answer	answer is ministerial correction date of answer 13/06/2022 answer text <p>The new Energy Profits Levy will raise around £5 billion over the next year. This figure factors in the investment allowance.</p><p> </p><p>The Government expects the combination of the Levy and the investment allowance to lead to an overall increase in investment.</p><p> </p><p>The Levy will be legislated for shortly, and a Tax Information and Impact Note will be published as standard. A full costing of the policy will be certified by the independent Office for Budget Responsibility at Autumn Budget 2022.</p> answering member constituency South East Cambridgeshire answering member printed Lucy Frazer grouped question UIN 11542 11543 question first answered 13/06/2022 14:43:21 answering member 4517 label Biography information for Lucy Frazer
tabling member	4651 label Biography information for Dan Carden

1467349

registered interest
date	01/06/2022
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Housing: Repairs and Maintenance
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 (a) a VAT exemption for materials purchased for mandatory fire safety repairs for residential buildings and (b) making VAT recoverable on materials purchased in the last three years for mandatory fire safety repairs; and if he will make a statement.
tabling member constituency	Harrow West
tabling member printed	Gareth Thomas
uin	11540
answer	answer is ministerial correction date of answer 10/06/2022 answer text The supply of fire safety equipment under qualifying circumstances is already eligible for VAT relief when provided alongside the construction and renovation of residential or charitable buildings. The cost of replacing cladding can also be zero rated if it is tied to the initial construction of the building and the cladding is shown to be defective.<p><strong> </strong></p>There are no plans to extend the reliefs already available, however, the Government keeps all taxes under constant review. answering member constituency South East Cambridgeshire answering member printed Lucy Frazer question first answered 10/06/2022 08:40:33 answering member 4517 label Biography information for Lucy Frazer
tabling member	177 label Biography information for Gareth Thomas

1467383

registered interest
date	01/06/2022
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Tourism: Taxation
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, if he will make it his policy to introduce a tourist tax.
tabling member constituency	Warrington North
tabling member printed	Charlotte Nichols
uin	11893
answer	answer is ministerial correction date of answer 13/06/2022 answer text <p>The Government has no plans to introduce a tourism tax.</p><p> </p><p>As with all taxes, the Government keeps this under review and the Chancellor always welcomes suggestions for improving the tax system.</p> answering member constituency South East Cambridgeshire answering member printed Lucy Frazer question first answered 13/06/2022 14:37:34 answering member 4517 label Biography information for Lucy Frazer
tabling member	4799 label Biography information for Charlotte Nichols

1467417

registered interest
date	01/06/2022
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Taxation
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, what plans he has to reduce tax for working people.
tabling member constituency	Windsor
tabling member printed	Adam Afriyie
uin	11628
answer	answer is ministerial correction date of answer 10/06/2022 answer text <p>As the Government announced at Spring Statement 2022, the basic rate of Income Tax will be reduced from 20 per cent to 19 per cent in April 2024. This will be the first cut to the basic rate in 16 years, and is over a £5 billion tax cut for workers, savers, and pensioners.</p><p> </p><p>The Government is committed to doing this in a responsible and sustainable way. The cut to the basic rate of Income Tax will require continued fiscal discipline and depend on the broader economy</p><p> </p><p>The Government has raised the Personal Allowance (PA) by over 40 per cent in real terms in the last decade. A typical basic rate taxpayer will still be over £600 better off in 2025-26 than they would have been if the Government had not taken this action to increase the PA above inflation since 2010-11.</p><p> </p><p>The Government is aligning the Primary Threshold and Lower Profits Limit – the point at which employees and the self-employed respectively start paying Class 1 and Class 4 National Insurance contributions– with the internationally high Income Tax Personal Allowance rising to £12,570 from July 2022. This means the amount that people will be able to earn tax free will increase by £2,690 and is a tax cut worth over £330 for a typical employee in the first year.</p><p> </p> answering member constituency South East Cambridgeshire answering member printed Lucy Frazer question first answered 10/06/2022 08:47:00 answering member 4517 label Biography information for Lucy Frazer
tabling member	1586 label Biography information for Adam Afriyie

1467439

registered interest
date	01/06/2022
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Child Benefit
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, how many people in England claim child benefit for (a) their birth child or the birth child of their partner, (b) their foster child, (c) their adopted child and (d) the child of a friend or relative that they look after, whether under a special guardianship order, a child arrangements order or an informal arrangement.
tabling member constituency	Twickenham
tabling member printed	Munira Wilson
uin	11877
answer	answer is ministerial correction date of answer 10/06/2022 answer text <p>The information requested is not readily available and could only be provided at a disproportionate cost.</p> answering member constituency South East Cambridgeshire answering member printed Lucy Frazer question first answered 10/06/2022 08:42:40 answering member 4517 label Biography information for Lucy Frazer
tabling member	4776 label Biography information for Munira Wilson

1467463

registered interest
date	01/06/2022
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Solar Power: VAT
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, with reference to his Departments guidance on Energy-saving materials and heating equipment (VAT Notice 708/6) updated in April 2022, whether batteries used for solar panels are zero rated for VAT.
tabling member constituency	Shrewsbury and Atcham
tabling member printed	Daniel Kawczynski
uin	11622
answer	answer is ministerial correction date of answer 10/06/2022 answer text <p>Battery storage supplied as part of the installation of solar panels will benefit from the VAT zero rate for the next five years. Battery storage itself has not been added to the list of qualifying materials and therefore will continue to be standard rated when installed as a standalone product.</p> answering member constituency South East Cambridgeshire answering member printed Lucy Frazer question first answered 10/06/2022 08:44:26 answering member 4517 label Biography information for Lucy Frazer
tabling member	1566 label Biography information for Daniel Kawczynski

1467522

registered interest
date	01/06/2022
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Hospitality Industry: VAT
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, what assessment he has made of the effect of extending the 12.5 per cent VAT rates until the end of 2022 to help hospitality businesses.
tabling member constituency	Ealing, Southall
tabling member printed	Mr Virendra Sharma
uin	11637
answer	answer is ministerial correction date of answer 08/06/2022 answer text <p>The temporary reduced rate of VAT was introduced on 15 July 2020 to support the cash flow and viability of around 150,000 businesses and protect over 2.4 million jobs in the hospitality and tourism sectors. As announced at Spring Budget 2021, the Government extended the 5 per cent temporary reduced rate of VAT for the tourism and hospitality sectors until the end of September. On 1 October 2021, a new reduced rate of 12.5 per cent was introduced for these goods and services to help ease affected businesses back to the standard rate. This relief ended on the 31 March 2022.</p><p> </p><p>The Government has been clear that the reduced rate of VAT for hospitality and tourism was a temporary measure designed to support the sectors that have been severely affected by COVID-19. It was appropriate that as restrictions were lifted and demand for goods and services in these sectors increased, the temporary tax reliefs were first reduced, and then removed, in order to rebuild and strengthen the public finances.</p> answering member constituency South East Cambridgeshire answering member printed Lucy Frazer question first answered 08/06/2022 14:04:27 answering member 4517 label Biography information for Lucy Frazer
tabling member	1604 label Biography information for Mr Virendra Sharma