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752424
registered interest false more like this
date less than 2017-07-17more like thismore than 2017-07-17
answering body
HM Treasury more like this
answering dept id 14 more like this
answering dept short name Treasury remove filter
answering dept sort name CaTreasury more like this
house id 2 more like this
legislature
25277
pref label House of Lords more like this
question text Her Majesty's Government what was (1) the total income raised from the stamp duty levy on additional homes, and (2) the total amount refunded because a purchaser sold their main residence within three years of buying a new one, in 2016-17. more like this
tabling member printed
Lord Flight more like this
uin HL870 more like this
answer
answer
is ministerial correction false more like this
date of answer remove filter
answer text The total income raised from the higher rate of Stamp Duty Land Tax (SDLT) on additional homes for 2016-17 was £1,643m. This is the revenue from the additional 3% element only and therefore excludes the revenue from the main rates of SDLT on these properties.<p> </p><p>Statistics on repayments from the higher rate of SDLT on additional properties for 2016-17 are due to be published in July 2017.</p> more like this
answering member printed Lord Bates more like this
question first answered
less than 2017-07-27T08:52:27.637Zmore like thismore than 2017-07-27T08:52:27.637Z
answering member
1091
label Biography information for Lord Bates more like this
tabling member
4211
label Biography information for Lord Flight more like this
752425
registered interest false more like this
date less than 2017-07-17more like thismore than 2017-07-17
answering body
HM Treasury more like this
answering dept id 14 more like this
answering dept short name Treasury remove filter
answering dept sort name CaTreasury more like this
house id 2 more like this
legislature
25277
pref label House of Lords more like this
question text Her Majesty's Government what assumptions they made in forecasting expected revenue from the three percentage point stamp duty levy on the purchase of additional homes and homes available for rent. more like this
tabling member printed
Lord Flight more like this
uin HL871 more like this
answer
answer
is ministerial correction false more like this
date of answer remove filter
answer text The key assumptions behind the forecast for expected revenue from the Stamp Duty Land Tax (SDLT) higher rates for additional properties are as set out in the Spending Review and Autumn Statement 2015 and Budget 2016 policy costings. The tax base was estimated by combining price and volumes data from the Council of Mortgage Lenders, Census 2011 and administrative data from SDLT and Council Tax. The tax base was projected to grow over the forecast period in line with the OBR Autumn Statement 2015 forecasts for residential SDLT, residential transactions and average house prices. The costing also accounted for a behavioural response. At Budget 2016 the size of the tax base was re-estimated by the OBR using HM Revenue and Customs administrative data from SDLT returns. more like this
answering member printed Lord Bates more like this
question first answered
less than 2017-07-27T08:54:59.177Zmore like thismore than 2017-07-27T08:54:59.177Z
answering member
1091
label Biography information for Lord Bates more like this
tabling member
4211
label Biography information for Lord Flight more like this
752003
registered interest false more like this
date less than 2017-07-13more like thismore than 2017-07-13
answering body
HM Treasury more like this
answering dept id 14 more like this
answering dept short name Treasury remove filter
answering dept sort name CaTreasury more like this
house id 2 more like this
legislature
25277
pref label House of Lords more like this
question text Her Majesty's Government whether they intend to establish a cross-departmental working party to consider replacement of the Barnett Formula with a needs-based system of resource allocation, and what consideration they have given to putting such a system in place for the 2019-20 financial year. more like this
tabling member printed
Lord Wigley more like this
uin HL838 more like this
answer
answer
is ministerial correction false more like this
date of answer remove filter
answer text <p>The government remains committed to the Barnett formula, and has no plans to replace it. The Barnett formula is designed to ensure that Devolved Administrations are funded in a transparent way to deliver their priorities within their devolved responsibilities.</p><p> </p><p>The government has also recently agreed a new fiscal framework for the Welsh Government, which both governments agree is fair for Wales and for the rest of the UK. The Barnett formula will remain central to the Welsh Government’s funding, while the introduction of a new needs-based factor will see their relative funding remain at a fair level for the long term.</p> more like this
answering member printed Lord Bates more like this
question first answered
less than 2017-07-27T08:47:51.877Zmore like thismore than 2017-07-27T08:47:51.877Z
answering member
1091
label Biography information for Lord Bates more like this
tabling member
547
label Biography information for Lord Wigley more like this
752005
registered interest false more like this
date less than 2017-07-13more like thismore than 2017-07-13
answering body
HM Treasury more like this
answering dept id 14 more like this
answering dept short name Treasury remove filter
answering dept sort name CaTreasury more like this
house id 2 more like this
legislature
25277
pref label House of Lords more like this
question text Her Majesty's Government what level of central Government spending per capita is anticipated for (1) Wales, (2) Scotland, (3) Northern Ireland, and (4) London in the current financial year. more like this
tabling member printed
Lord Wigley more like this
uin HL840 more like this
answer
answer
is ministerial correction false more like this
date of answer remove filter
answer text <p>The UK Government does not allocate planned spending on a regional basis. However, the latest figures for outturn public expenditure per capita in Wales, Scotland, Northern Ireland, and London are below. These were published in the government’s Country and Regional Anlalysis in November 2016.</p><p> </p><table><tbody><tr><td><p><strong>Area</strong></p></td><td><p><strong>£ per head (2015-16 outturn)</strong></p></td></tr><tr><td><p>Wales</p></td><td><p>9,996</p></td></tr><tr><td><p>Scotland</p></td><td><p>10,536</p></td></tr><tr><td><p>Northern Ireland</p></td><td><p>10,983</p></td></tr><tr><td><p>London</p></td><td><p>10,129</p></td></tr></tbody></table><p> </p> more like this
answering member printed Lord Bates more like this
question first answered
less than 2017-07-27T14:19:23.147Zmore like thismore than 2017-07-27T14:19:23.147Z
answering member
1091
label Biography information for Lord Bates more like this
tabling member
547
label Biography information for Lord Wigley more like this
752008
registered interest false more like this
date less than 2017-07-13more like thismore than 2017-07-13
answering body
HM Treasury more like this
answering dept id 14 more like this
answering dept short name Treasury remove filter
answering dept sort name CaTreasury more like this
house id 2 more like this
legislature
25277
pref label House of Lords more like this
question text Her Majesty's Government what plans they have developed to ensure that, following Brexit, funding which has previously been supplied to Wales through European Structural Funds will be fully replaced with UK Treasury funds. more like this
tabling member printed
Lord Wigley more like this
uin HL843 more like this
answer
answer
is ministerial correction false more like this
date of answer remove filter
answer text <p>The government has announced a number of guarantees for EU funding. These include European structural and investment fund projects signed before the UK leaves the EU, awards made by the European Commission following competitive bid processes, and maintaining the current level of agricultural funding under CAP pillar 1 until 2020.</p><p> </p><p>Beyond these priorities, decisions on the replacement of EU funding will be taken in light of wider UK strategic priorities and other domestic spending decisions. For example, as set out in our manifesto, the government will continue to commit the same cash total in funds for farm support until the end of the parliament, and will create a new UK Shared Prosperity Fund.</p><p> </p> more like this
answering member printed Lord Bates more like this
question first answered
less than 2017-07-27T08:50:55.17Zmore like thismore than 2017-07-27T08:50:55.17Z
answering member
1091
label Biography information for Lord Bates more like this
tabling member
547
label Biography information for Lord Wigley more like this