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169377

registered interest
date	10/12/2014
answering body	HM Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Unpaid Taxes
house id	1
legislature	25259 pref label House of Commons
question text	To ask Mr Chancellor of the Exchequer, with reference to paragraph 1.5 of the HM Revenue and Customs' summary of responses to the consultation on Direct Recovery of Debts, what estimate he has made of the cost to his Department of guaranteeing that every debtor will receive a face-to-face visit in (a) 2015-16, (b) 2016-17, (c) 2017-18, (d) 2018-19 and (e) 2019-20.
tabling member constituency	Birmingham, Ladywood
tabling member printed	Shabana Mahmood
uin	218033
answer	answer is ministerial correction date of answer 16/12/2014 answer text <p>Direct Recovery of Debts (DRD) is expected to affect around 17,000 debtors each year.</p><p> </p><p> </p><p> </p><p>HMRC has a well-established process for making face-to-face visits to debtors who do not pay what they owe. In 2013-14, HMRC’s Field Force agents made around 900,000 visits to debtors.</p><p> </p><p> </p><p> </p><p>Some of those who will be considered for DRD would receive a visit from a Field Force officer in the course of normal debt enforcement. Once DRD begins operation, these visits will provide a further opportunity for HMRC to:</p><p> </p><ul><li><p>personally identify the taxpayer and confirm it is their debt</p></li><li><p>explain to debtors what they owe, why they are being pursued for payment, and discuss payment of the debt</p></li><li><p>discuss options to resolve the debt, including offering a Time to Pay arrangement to the debtor, where appropriate</p></li><li><p>identify debtors who are in a vulnerable position and offer them the support they need to settle their debts.</p><p> </p><p>HMRC anticipates that it will absorb the operational cost of DRD visits within its current funding envelope, £800,000 for the systems changes that will underpin the delivery of this measure.</p></li></ul><p> </p> answering member constituency South West Hertfordshire answering member printed Mr David Gauke question first answered 16/12/2014 16:50:52 answering member 1529 label Biography information for Mr David Gauke
tabling member	3914 label Biography information for Shabana Mahmood

169384

registered interest
date	10/12/2014
answering body	HM Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Multinational Companies: Taxation
house id	1
legislature	25259 pref label House of Commons
question text	To ask Mr Chancellor of the Exchequer, what recent representations he has received on proposals for a diverted profits tax.
tabling member constituency	Birmingham, Ladywood
tabling member printed	Shabana Mahmood
uin	218019
answer	answer is ministerial correction date of answer 16/12/2014 answer text <p>Treasury Ministers and officials meet with, and receive representations from, a wide range of organisations and individuals in the public and private sectors, as part of the usual policy making process. As was the case with previous Administrations, it is not the Treasury’s practice to provide details of all such representations.</p><p> </p><p> </p><p> </p><p>Draft legislation for the Diverted Profits Tax was published on 10 December for technical consultation, until 4 February 2015. The measure will be effective from 1 April 2015.</p><p> </p> answering member constituency South West Hertfordshire answering member printed Mr David Gauke grouped question UIN 218182 question first answered 16/12/2014 16:42:52 answering member 1529 label Biography information for Mr David Gauke
tabling member	3914 label Biography information for Shabana Mahmood

169385

registered interest
date	10/12/2014
answering body	HM 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 Mr Chancellor of the Exchequer, with reference to paragraph 1.251 of the Autumn Statement 2014, what plans he has to bring forward legislative proposals to reform legislation relating to umbrella companies.
tabling member constituency	Birmingham, Ladywood
tabling member printed	Shabana Mahmood
uin	218020
answer	answer is ministerial correction date of answer 16/12/2014 answer text <p>Detail on our proposals can be found at paragraph 2.147 of the Autumn Statement 2014.</p><p> </p> answering member constituency South West Hertfordshire answering member printed Mr David Gauke question first answered 16/12/2014 16:44:42 answering member 1529 label Biography information for Mr David Gauke
tabling member	3914 label Biography information for Shabana Mahmood

169386

registered interest
date	10/12/2014
answering body	HM Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	National Savings Bonds: Older People
house id	1
legislature	25259 pref label House of Commons
question text	To ask Mr Chancellor of the Exchequer, prior to allocating funding for the new savings bond for senior citizens announced in the Autumn Statement, what assessment he made of likely demand for the new bond.
tabling member constituency	East Londonderry
tabling member printed	Mr Gregory Campbell
uin	218021
answer	answer is ministerial correction date of answer 16/12/2014 answer text <p>The Government has allocated £10bn of inflows to the new savings Bonds for the 65 and over. They will pay a market leading rate, and there will be an investment limit of £10,000 per bond per person. That allows for one million bonds.</p><p> </p> answering member constituency South West Hertfordshire answering member printed Mr David Gauke question first answered 16/12/2014 16:45:47 answering member 1529 label Biography information for Mr David Gauke
tabling member	1409 label Biography information for Mr Gregory Campbell

169387

registered interest
date	10/12/2014
answering body	HM Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Revenue and Customs
house id	1
legislature	25259 pref label House of Commons
question text	To ask Mr Chancellor of the Exchequer, what the average response time was to calls to HM Revenue and Customs PAYE and Self Assessment helplines in the last six months for which figures are available; what the longest response time was; how many calls were recorded as abandoned; and how many complaints about response times for those helplines were made in that period.
tabling member constituency	Newport East
tabling member printed	Jessica Morden
uin	218190
answer	answer is ministerial correction date of answer 16/12/2014 answer text <p>The data on our helpline performance is published quarterly and can be found here, the latest being up to the end of September 2014:</p><p> </p><p> </p><p> </p><p><a href="https://www.gov.uk/government/publications/business-plan-indicators" target="_blank">https://www.gov.uk/government/publications/business-plan-indicators</a></p><p> </p><p> </p><p> </p><p>For the same period ie April – September 2014, there were 216 complaints about a delay in getting a response on the PAYE/SA helplines.</p><p> </p> answering member constituency South West Hertfordshire answering member printed Mr David Gauke question first answered 16/12/2014 16:47:52 answering member 1529 label Biography information for Mr David Gauke
tabling member	1548 label Biography information for Jessica Morden

169390

registered interest
date	10/12/2014
answering body	HM Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Multinational Companies: Taxation
house id	1
legislature	25259 pref label House of Commons
question text	To ask Mr Chancellor of the Exchequer, what discussions he has had on the diverted profits tax with representatives of business (a) before and (b) after 1 October 2014.
tabling member constituency	Birmingham, Ladywood
tabling member printed	Shabana Mahmood
uin	218182
answer	answer is ministerial correction date of answer 16/12/2014 answer text <p>Treasury Ministers and officials meet with, and receive representations from, a wide range of organisations and individuals in the public and private sectors, as part of the usual policy making process. As was the case with previous Administrations, it is not the Treasury’s practice to provide details of all such representations.</p><p> </p><p> </p><p> </p><p>Draft legislation for the Diverted Profits Tax was published on 10 December for technical consultation, until 4 February 2015. The measure will be effective from 1 April 2015.</p><p> </p> answering member constituency South West Hertfordshire answering member printed Mr David Gauke grouped question UIN 218019 question first answered 16/12/2014 16:42:52 answering member 1529 label Biography information for Mr David Gauke
tabling member	3914 label Biography information for Shabana Mahmood

169393

registered interest
date	10/12/2014
answering body	HM 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 Mr Chancellor of the Exchequer, how much was raised per head in (a) the UK, (b) Scotland, (c) England, (d) Wales and (e) Northern Ireland from (i) income taxes, (ii) taxes on property and (iii) the transaction of shares in each of the last four years.
tabling member constituency	Airdrie and Shotts
tabling member printed	Pamela Nash
uin	218120
answer	answer is ministerial correction date of answer 16/12/2014 answer text <p>(i) Estimates of the number of taxpayers and their income tax liabilities for the UK as a whole and for each constituent country are shown in the table attached. (Table one)</p><p> </p><p> </p><p>This is a summary of information published in HMRC’s National Statistics table 3.11. These estimates are compiled from the Survey of Personal Incomes (SPI). The latest year available is 2011-12, please note that the SPI for 2008-09 has not been published.</p><p> </p><p> </p><p>The years 2010-11 and 2011-12 are available from the following internet address</p><p> </p><p> </p><p><a href="https://www.gov.uk/government/statistics/income-and-tax-by-gender-region-and-country-2010-to-2011" target="_blank">https://www.gov.uk/government/statistics/income-and-tax-by-gender-region-and-country-2010-to-2011</a></p><p> </p><p>Estimates for 2009-10 and earlier years are published in the National Archive at the following internet address;<br></p><p><a href="http://webarchive.nationalarchives.gov.uk/20121102223513/http:/hmrc.gov.uk/stats/income_distribution/menu-by-year.htm" target="_blank">http://webarchive.nationalarchives.gov.uk/20121102223513/http:/hmrc.gov.uk/stats/income_distribution/menu-by-year.htm</a></p><p> </p><p>Estimates of the numbers of individuals in the UK and each constituent country for the years corresponding with the table 1 are shown in the table attached. (Table 2)</p><p> </p><p>This summary is compiled from information published by the Office for National Statistics (ONS) in tables A1-1 to A1-7 which are published at the following internet address from which other years are available.</p><p> </p><p><a href="http://www.ons.gov.uk/ons/search/index.html?pageSize=50&amp;sortBy=none&amp;sortDirection=none&amp;newquery=Table+A1-1" target="_blank">http://www.ons.gov.uk/ons/search/index.html?pageSize=50&amp;sortBy=none&amp;sortDirection=none&amp;newquery=Table+A1-1</a></p><p> </p><p> </p><p>These estimates are at the mid-year point in time and are not directly comparable to HMRC published figures that represent all taxpayers across a full tax year.</p><p> </p><p> </p><p>(ii) Estimates can be made of the average SDLT paid per head each year by comparing HMRC published tax receipts with ONS published population estimates.</p><p> </p><p>(iii) Stamp tax on shares is payable on the transfer of a liable security, and is usually paid automatically by the CREST electronic securities exchange system. The disaggregation between countries is based on companies’ registered locations, and not the location of their main activities or the location of the purchaser of the share (which is not known). For example the tax on the purchase of a share in an oil company with its main base of operation in Aberdeen but with its head office in London would count towards England’s receipts. Estimates can be made of the average Stamp tax on shares paid per head each year by comparing HMRC published tax receipts with ONS published population estimates.</p><p> </p><p>HMRC’s publication ‘Disaggregation of HMRC tax receipts’ can be found here:</p><p> </p><p><a title="https://www.gov.uk/government/statistics/disaggregation-of-hmrc-tax-receipts" href="https://www.gov.uk/government/statistics/disaggregation-of-hmrc-tax-receipts" target="_blank">https://www.gov.uk/government/statistics/disaggregation-of-hmrc-tax-receipts</a></p><p> </p><p> </p><p> </p><p> </p><p> </p> answering member constituency South West Hertfordshire answering member printed Mr David Gauke question first answered 16/12/2014 16:58:15 answering member 1529 label Biography information for Mr David Gauke attachment 1 file name Pamela Nash tables attached.docx title Tables
tabling member	3909 label Biography information for Pamela Nash

169395

registered interest
date	10/12/2014
answering body	HM Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Trusts
house id	1
legislature	25259 pref label House of Commons
question text	To ask Mr Chancellor of the Exchequer, if he will estimate the total value of trusts established to protect beneficiaries of inherited wealth.
tabling member constituency	Airdrie and Shotts
tabling member printed	Pamela Nash
uin	218117
answer	answer is ministerial correction date of answer 16/12/2014 answer text <p>The majority of trusts are non-taxpaying and therefore are not required to submit a tax return. Consequently, HMRC does not have enough data to be able to estimate the total number of trusts established to protect beneficiaries of inherited wealth.</p><p> </p><p> </p><p> </p><p>The number of UK Family Trusts and estates which are required to complete a full Self-Assessment return has remained broadly steady at 163,000 in 2011-12. Being able to protect family assets, providing for vulnerable beneficiaries and passing assets on to children and grandchildren are the main reasons for creating a trust.</p><p> </p><p> </p><p> </p><p>Approximately 1000 trusts pay ten year anniversary and exit charges each year and the IHT HMRC receives from these trusts averages out at approximately £65 million per annum. The average value of assets held in trusts paying ten year anniversary and exit charges is approximately £2 million.</p><p> </p> answering member constituency South West Hertfordshire answering member printed Mr David Gauke question first answered 16/12/2014 16:54:05 answering member 1529 label Biography information for Mr David Gauke
tabling member	3909 label Biography information for Pamela Nash

169399

registered interest
date	10/12/2014
answering body	HM Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Older People: Assets
house id	1
legislature	25259 pref label House of Commons
question text	To ask Mr Chancellor of the Exchequer, what his most recent estimate is of the number of people of pensionable age in possession of assets exceeding (a) £1 million and (b) £2 million in (i) the UK, (ii) Scotland, (iii) England, (iv) Wales and (v) Northern Ireland.
tabling member constituency	Airdrie and Shotts
tabling member printed	Pamela Nash
uin	218119
answer	answer is ministerial correction date of answer 16/12/2014 answer text <p>The HMRC Personal Wealth Statistics for 2008-10 estimates the number of UK individuals aged 65 or over in the identified wealth population (i.e. wealth owned by estates represented by those passing through probate) with assets over £1 million to be 106,000, of which 30,000 have assets over £2 million.</p><p> </p><p>This is published in the HMRC National Statistics table 13.3 available at <a href="https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/270429/table_13-3.pdf" target="_blank">https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/270429/table_13-3.pdf</a></p><p> </p><p>A breakdown of these figures at a sub-UK level is not available.</p><p> </p><p> </p><p> </p><p>Alternative estimates based on the Office for National Statistics' Wealth and Assets Survey are not directly comparable with the HMRC Personal Wealth Statistics, as they are (i) based on households rather than individuals, (ii) use a different definition of wealth which, for example, includes the value of private pension funds<sup><sup>[1]</sup></sup>.</p><p> </p><p>Table 2.14 of Wealth in Great Britain Wave 3 (2010-12) shows that 11% of UK individuals aged 65 or over live in households where household total wealth is at least £1 million. This Table is available here:</p><p> </p><p><a href="http://www.ons.gov.uk/ons/rel/was/wealth-in-great-britain-wave-3/2010-2012/report--chapter-2--total-wealth.html#tab-Household-total-wealth-by-individual-characteristics" target="_blank">http://www.ons.gov.uk/ons/rel/was/wealth-in-great-britain-wave-3/2010-2012/report--chapter-2--total-wealth.html#tab-Household-total-wealth-by-individual-characteristics</a></p><p> </p><p>Figures for the proportion of individuals in households with total wealth of at least £2 million are not published by the Office for National Statistics, nor are these figures at a sub-UK level. Further information on Wealth in Great Britain can be found here: <a href="http://www.ons.gov.uk/ons/rel/was/wealth-in-great-britain-wave-3/2010-2012/index.html" target="_blank">http://www.ons.gov.uk/ons/rel/was/wealth-in-great-britain-wave-3/2010-2012/index.html</a></p><p> </p><p> </p><p>[1] In the Wealth and Assets Survey, total wealth of a household is a net wealth measure for each household created by adding together the different types of household wealth; property wealth (net), financial wealth (net), physical wealth and private pension wealth. It should be noted that it does not include business assets, accrued rights to state pensions or assets held in Trusts.</p><p> </p> answering member constituency South West Hertfordshire answering member printed Mr David Gauke question first answered 16/12/2014 16:52:44 answering member 1529 label Biography information for Mr David Gauke
tabling member	3909 label Biography information for Pamela Nash

169410

registered interest
date	10/12/2014
answering body	HM Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Stamp Duty Land Tax
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 likely effects of stamp duty reform on (a) house prices and (b) housing supply.
tabling member constituency	Leeds Central
tabling member printed	Hilary Benn
uin	218184
answer	answer is ministerial correction date of answer 16/12/2014 answer text <p>The reform to Stamp Duty Land Tax on residential properties will have a limited impact on house prices overall, though this effect will be small compared to overall fluctuations in house prices. The reform is not expected to have a significant direct effect on housing supply.</p><p> </p><p> </p><p> </p> answering member constituency South West Hertfordshire answering member printed Mr David Gauke question first answered 16/12/2014 16:46:55 answering member 1529 label Biography information for Mr David Gauke
tabling member	413 label Biography information for Hilary Benn