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1484093

registered interest
date	28/06/2022
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Energy and Fuels: Prices
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, what discussions he has had with the Secretary of State for Business, Energy and Industrial Strategy on the economic effect of the rise in (a) fuel and (b) energy costs on small businesses.
tabling member constituency	Ceredigion
tabling member printed	Ben Lake
uin	900770
answer	answer is ministerial correction date of answer 28/06/2022 answer text <p>Businesses are experiencing increased costs driven by global events. One of these extra costs is fuel. At Spring Statement, we announced a 12-month cut to duty on petrol and diesel of 5p per litre, for the benefit of businesses as well as individuals. More broadly, we are helping SMEs through tax cuts to national insurance and business rates.</p> answering member constituency Faversham and Mid Kent answering member printed Helen Whately question first answered 28/06/2022 15:42:17 answering member 4527 label Biography information for Helen Whately
tabling member	4630 label Biography information for Ben Lake

1484097

registered interest
date	28/06/2022
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Offshore Industry: Taxation
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 impact of the energy profits levy on investor confidence in the North Sea energy sector.
tabling member constituency	West Aberdeenshire and Kincardine
tabling member printed	Andrew Bowie
uin	900779
answer	answer is ministerial correction date of answer 28/06/2022 answer text <p>The Energy Profits Levy is a temporary measure, the revenues from which will help to provide vital support for households facing cost of living pressures.</p><p>The government expects the combination of the Levy and its investment allowance to lead to an overall increase in investment.</p><p> </p> answering member constituency South East Cambridgeshire answering member printed Lucy Frazer question first answered 28/06/2022 15:06:42 answering member 4517 label Biography information for Lucy Frazer
tabling member	4601 label Biography information for Andrew Bowie

1472327

registered interest
date	21/06/2022
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Charities: Tax Allowances
house id	2
legislature	25277 pref label House of Lords
question text	To ask Her Majesty's Government how much tax is forgone annually by HM Treasury as a result of the tax exemptions for charities’ (1) donations, (2) investment income, and (3) gains on capital investments.
tabling member printed	Lord Vinson
uin	HL1178
answer	answer is ministerial correction date of answer 28/06/2022 answer text <p>Tax relief is available on donations to charity by individuals and organisations, and to charities for their activities, including investment income.</p><p>Estimates for tax reliefs on charitable donations by individuals are published in “UK charity tax relief statistics”. The table below is an extract from the latest edition, showing these estimates for the previous 5 tax years.</p><p> </p><p><strong>Extract from Table 1 and 2:</strong> Estimates for UK charities tax reliefs. Updated November 2021</p><p>Restricted to those reliefs for which accurate figures can be estimated</p><p> </p><table><tbody><tr><td><p>£m</p></td><td colspan="3"><p>Reliefs paid to charities</p></td><td colspan="4"><p>Reliefs paid to individuals</p></td></tr><tr><td><p>Tax Year</p></td><td><p>Gift Aid</p></td><td><p>Gift Aid Small Donations Scheme</p></td><td><p>Interest, royalties, trust donations etc</p></td><td><p>Inheritance Tax</p></td><td><p>Payroll Giving</p></td><td><p>Gifts of shares and property</p></td><td><p>Higher Rate Relief on Gift Aid</p></td></tr><tr><td><p>2016-17</p></td><td><p>1,270</p></td><td><p>30</p></td><td><p>10</p></td><td><p>660</p></td><td><p>40</p></td><td><p>60</p></td><td><p>410</p></td></tr><tr><td><p>2017-18</p></td><td><p>1,260</p></td><td><p>30</p></td><td><p>10</p></td><td><p>700</p></td><td><p>40</p></td><td><p>60</p></td><td><p>480</p></td></tr><tr><td><p>2018-19</p></td><td><p>1,350</p></td><td><p>40</p></td><td><p>10</p></td><td><p>800</p></td><td><p>40</p></td><td><p>70</p></td><td><p>500</p></td></tr><tr><td><p>2019-20</p></td><td><p>1,400</p></td><td><p>40</p></td><td><p>10</p></td><td><p>840</p></td><td><p>40</p></td><td><p>70</p></td><td><p>490</p></td></tr><tr><td><p>2020-21</p></td><td><p>1,380</p></td><td><p>30</p></td><td><p>10</p></td><td><p>860</p></td><td><p>40</p></td><td><p>70</p></td><td><p>490</p></td></tr></tbody></table><p>Information about tax relief on charities’ investment income, and on charitable donations by organisations is not readily available.</p> answering member printed Baroness Penn question first answered 28/06/2022 15:26:13 answering member 4726 label Biography information for Baroness Penn
tabling member	1807 label Biography information for Lord Vinson

1471558

registered interest
date	20/06/2022
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Duke of Sussex: Charter Flights
house id	2
legislature	25277 pref label House of Lords
question text	To ask Her Majesty's Government whether they funded the return charter flight for the Duke of Sussex from the United States to the UK for the Queen's Jubilee celebrations.
tabling member printed	Lord Berkeley
uin	HL1076
answer	answer is ministerial correction date of answer 28/06/2022 answer text No public money was used for the charter flight for the Duke of Sussex from the United States to the UK.<p><strong> </strong></p>The Government provides financial support to the Queen known as the Sovereign Grant, to fund The Queen's official duties and maintain the Occupied Royal Palaces. Funding from the Sovereign Grant only covers expenses incurred by other Members of the Royal Family when they undertake official duties on behalf of Her Majesty. answering member printed Baroness Penn question first answered 28/06/2022 15:18:49 answering member 4726 label Biography information for Baroness Penn
tabling member	3526 label Biography information for Lord Berkeley

1471559

registered interest
date	20/06/2022
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Bureaux de Change
house id	2
legislature	25277 pref label House of Lords
question text	To ask Her Majesty's Government what plans they have to require currency exchange services for consumers to display both (1) the live interbank exchange rate, and (2) the commission charged, following the UK’s departure from the EU.
tabling member printed	Lord Birt
uin	HL1077
answer	answer is ministerial correction date of answer 28/06/2022 answer text Where currency conversion is provided as part of a payment transaction, the Payment Services Regulations 2017 make requirements on UK payment service providers regarding disclosure of fees and charges to the payer, for example, the exchange rate used for a currency conversion transaction. Provisions under the Cross Border Payments Regulation, which continue to apply in the UK as part of retained EU law, also contribute to price transparency, with further requirements regarding how foreign exchange costs are communicated before a payment is made. The Government has no plans at this time to amend the requirements on firms, but keeps all policy under review.<p><strong> </strong></p>The Government recognises the importance of transparency of fees and charges in ensuring effective competition between payment service providers. These regulations, amongst other things, are intended to enable consumers to make informed decisions when making use of payment services including where currency conversion is offered as part of a payment transaction. answering member printed Baroness Penn question first answered 28/06/2022 15:28:52 answering member 4726 label Biography information for Baroness Penn
tabling member	2533 label Biography information for Lord Birt

1471575

registered interest
date	20/06/2022
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Truphone
house id	2
legislature	25277 pref label House of Lords
question text	To ask Her Majesty's Government what steps they are taking to monitor the sale of Truphone to ensure that it does not undermine (1) the UK's sanctions relating to Russia, or (2) the UK's national security.
tabling member printed	Baroness Pidding
uin	HL1097
answer	answer is ministerial correction date of answer 28/06/2022 answer text <p>Truphone Limited are not currently subject to financial sanctions.</p><p> </p><p>Financial sanctions restrictions apply to any entity that is itself designated, or is owned or controlled directly or indirectly by a designated person. This includes where that person holds (directly or indirectly) more than 50% of the shares or voting rights in an entity, has the right (directly or indirectly) to appoint or remove a majority of the board of directors of the entity, or it is reasonable to expect that the person would be able to ensure the affairs of the entity are conducted in accordance with the person’s wishes.</p><p> </p><p>If any sanctioned individuals are due to receive funds as a result of the sale of a company which is not subject to financial sanctions restrictions, any funds they receive from a UK company or into a UK bank account will need to be frozen. A licence from the Office of Financial Sanctions Implementation (OFSI) in HM Treasury would then be needed for any onward movement of such funds, otherwise breaches of financial sanctions restrictions may occur. Any suspected breach of financial sanctions should be reported to OFSI.</p><p> </p><p>OFSI is the competent authority for implementing and enforcing the UK’s financial sanctions. The maintenance of national security is a cross-departmental effort and any activity to monitor and intervene in matters of national security may be undertaken by departments other than HMT.</p><p> </p> answering member printed Baroness Penn question first answered 28/06/2022 15:22:55 answering member 4726 label Biography information for Baroness Penn
tabling member	4552 label Biography information for Baroness Pidding