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1665670

registered interest
date	18/10/2023
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Pension Protection Fund: Taxation
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, whether money a person receives from their pension scheme via the Fraud Compensation Fund is taxable; and if he will make a statement.
tabling member constituency	East Ham
tabling member printed	Sir Stephen Timms
uin	203192
answer	answer is ministerial correction date of answer 23/10/2023 answer text <p>The Fraud Compensation Fund pays compensation to pension scheme administrators or trustees, who then provide benefits to members. Those benefits will be taxed like any other pension benefits. An individual pays income tax if their total annual income is more than their Income Tax Personal Allowance which is currently £12,570. Where an individual has income above the Personal Allowance, payments of pension (including pension benefits arising from a compensation payment) is subject to income tax, which is collected through Pay As You Earn.</p><p> </p> answering member constituency Arundel and South Downs answering member printed Andrew Griffith question first answered 23/10/2023 13:10:28 answering member 4874 label Biography information for Andrew Griffith
tabling member	163 label Biography information for Sir Stephen Timms

1665854

registered interest
date	18/10/2023
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Insurance Companies
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, whether his Department has had recent discussions with the Competition and Market Authority on the use of exclusive jurisdiction clauses by insurance companies.
tabling member constituency	Inverness, Nairn, Badenoch and Strathspey
tabling member printed	Drew Hendry
uin	203343
answer	answer is ministerial correction date of answer 23/10/2023 answer text <p>Insurers make commercial decisions about the terms on which they will offer cover following an assessment of the relevant risks. The Government does not intend to intervene in these commercial decisions by insurers as this could damage competition in the market.</p><p> </p><p>However, insurers must treat customers fairly and are required to do so under the Financial Conduct Authority’s (FCA) rules. The FCA is an independent body responsible for regulating and supervising the financial services industry, including insurance firms. The FCA, as the independent regulator, also has a statutory objective to promote effective competition in the interests of consumers. The FCA work towards that objective, as far as the work is compatible with advancing their other objectives.</p><p> </p> answering member constituency Arundel and South Downs answering member printed Andrew Griffith question first answered 23/10/2023 13:08:59 answering member 4874 label Biography information for Andrew Griffith
tabling member	4467 label Biography information for Drew Hendry

1665434

registered interest
date	17/10/2023
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Hospitality Industry and Tourism
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, what steps his Department is taking to support the hospitality and tourism sectors.
tabling member constituency	Penrith and The Border
tabling member printed	Dr Neil Hudson
uin	203157
answer	answer is ministerial correction date of answer 23/10/2023 answer text <p>The Government believes that pubs make an important contribution to our culture, fostering a sense of place and community, and to the UK economy.</p><p> </p><p>The Government is aware that the high street faces long-term challenges and is committed to supporting the businesses that make our high streets and town centres successful. Therefore, at Autumn Statement 2022, the Government announced a package of support worth £13.6 billion over the next five years, including:</p><ul><li>a freeze to the business rates multiplier for 2023-24, a tax cut worth £9.3 billion over the next 5 years, meaning all bills are 6% lower than without the freeze;</li><li>an increased 75% relief for retail, hospitality and leisure properties including pubs, up to a cash cap of £110,000 per business for 2023-24. This is a tax cut worth over £2 billion for around 230,000 RHL businesses, to support the high street and protect small shops.</li></ul><p> </p><p>Furthermore, to support pubs, our 'Brexit Pubs Guarantee,' confirms that the duty on a draught pint will always be lower than its equivalent in a supermarket. And the new alcohol duty system implemented in August of this year included a new Draught Relief that provides a significant duty discount on beers below 8.5% alcohol by volume (ABV) sold in containers of 20 litres or more in the on-trade.</p><p> </p><p>The Community Ownership Fund has awarded £49.3 million to 195 projects across the UK, including rural pubs, with £35 million allocated to 131 projects across England, £6.2 million allocated to 28 projects in Scotland, £4 million to 18 projects in Wales and £4.1 million to 18 projects in Northern Ireland.</p><p> </p><p>The Government keeps all taxes under review.</p> answering member constituency Louth and Horncastle answering member printed Victoria Atkins question first answered 23/10/2023 15:19:14 answering member 4399 label Biography information for Victoria Atkins
tabling member	4853 label Biography information for Dr Neil Hudson

1664851

registered interest
date	16/10/2023
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Financial Ombudsman Service
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, what information his Department holds on how many and what proportion of the staff of the Financial Ombudsman Service are members of the (a) Institute of Chartered Accountants in England and Wales, (b) Association of Chartered Certified Accountants, (c) Chartered Institute of Public Finance and Accountancy, (d) Institute of Chartered Accountants of Scotland and (e) Chartered Institute of Management Accountants.
tabling member constituency	York Central
tabling member printed	Rachael Maskell
uin	202545
answer	answer is ministerial correction date of answer 23/10/2023 answer text <p>The Financial Ombudsman Service (FOS) is operationally independent from the Government. Detailed questions about operational matters are for the FOS to respond to.</p><p> </p><p>These questions have been passed to the FOS, which will respond to the honourable member by letter.</p> answering member constituency Arundel and South Downs answering member printed Andrew Griffith question first answered 23/10/2023 08:19:20 answering member 4874 label Biography information for Andrew Griffith
tabling member	4471 label Biography information for Rachael Maskell

1664857

registered interest
date	16/10/2023
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Payment Methods
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, whether his Department has made an assessment of the potential impact of cash deposit regulations in the Financial Services and Markets Act 2023 on (a) the ability of SMEs to accept cash payments and (b) people who experience difficulty in conducting transactions via means other than cash.
tabling member constituency	Meriden
tabling member printed	Saqib Bhatti
uin	202551
answer	answer is ministerial correction date of answer 23/10/2023 answer text <p>The government recognises that cash continues to be used by millions of people across the UK, including those who may be in vulnerable groups. Furthermore, businesses need access to cash deposit services in order to keep accepting cash and, therefore, support people’s ability to continue to transact using cash.</p><p> </p><p>The government legislated through the Financial Services and Markets Act 2023 to establish a new legislative framework to protect access to cash. This establishes the Financial Conduct Authority (FCA) as the lead regulator for access to cash and provides it with responsibility and powers to seek to ensure reasonable provision of cash withdrawal and deposit facilities.</p><p> </p><p>The government considers that this legislation will support organisations, including local businesses, to continue accepting cash by ensuring that they have reasonable access to cash deposit facilities.</p><p> </p><p>Following the passage of this legislation, the government published a Cash Access Policy Statement, which sets out the government’s policies on access to cash. The FCA is required by law to have regard to these policies when determining its regulatory approach in this area. The FCA will publicly consult on its regulatory approach in due course. The government’s policy statement is available on gov.uk: <a href="https://www.gov.uk/government/publications/cash-access-policy-statement/cash-access-policy-statement" target="_blank">https://www.gov.uk/government/publications/cash-access-policy-statement/cash-access-policy-statement</a></p><p> </p> answering member constituency Arundel and South Downs answering member printed Andrew Griffith question first answered 23/10/2023 08:17:46 answering member 4874 label Biography information for Andrew Griffith
tabling member	4818 label Biography information for Saqib Bhatti

1662741

registered interest
date	13/10/2023
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Corporation Tax: Tax Rates and Bands
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, whether he has made an estimate of the number of large businesses paying into the highest bracket of corporation tax in calendar years (a) 2022 and (b) 2023.
tabling member constituency	Strangford
tabling member printed	Jim Shannon
uin	200595
answer	answer is ministerial correction date of answer 23/10/2023 answer text <p>When the Corporation Tax rate change was announced at Budget 2021 it was estimated that around 200,000 companies would pay the 25% rate. <a href="https://www.gov.uk/government/speeches/budget-speech-2021" target="_blank">https://www.gov.uk/government/speeches/budget-speech-2021</a></p><p>Estimates of actual numbers paying the main rate will be published once data is available.</p> answering member constituency Louth and Horncastle answering member printed Victoria Atkins question first answered 23/10/2023 13:04:03 answering member 4399 label Biography information for Victoria Atkins
tabling member	4131 label Biography information for Jim Shannon

1662949

registered interest
date	13/10/2023
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Cars: Northern Ireland
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, whether his Department has made an assessment of the potential impact of the replacement of the VAT margin scheme on small car dealerships.
tabling member constituency	Belfast South
tabling member printed	Claire Hanna
uin	200803
answer	answer is ministerial correction date of answer 23/10/2023 answer text <p>In order to provide certainty for businesses and to continue to support the Northern Ireland second-hand car market, the Government introduced the Second-Hand Motor Vehicle Payment Scheme on 1 May 2023. The scheme ensures that for cars moved after May 1 2023, businesses selling in NI will pay the same net amount of VAT as if they had continued access to the VAT margin scheme for these cars.</p><p> </p><p>The Government is regularly engaging collaboratively with the EU as we implement the Windsor Framework.</p> answering member constituency Louth and Horncastle answering member printed Victoria Atkins grouped question UIN 200882 question first answered 23/10/2023 12:57:07 answering member 4399 label Biography information for Victoria Atkins
tabling member	4827 label Biography information for Claire Hanna

1662982

registered interest
date	13/10/2023
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Office for Nuclear Regulation: Finance
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor for the Exchequer, what happens to money from the public purse not spent by the Office for Nuclear Radiation when there is budgetary underspend.
tabling member constituency	Wirral South
tabling member printed	Alison McGovern
uin	200836
answer	answer is ministerial correction date of answer 23/10/2023 answer text <p>The Office for Nuclear Regulation (ONR) operates a charging model which enables them to receive the majority of its funding through charges to industry clients. A proportion of ONR funding is provided by the Exchequer, via the Department for Work and Pensions as the ONR sponsorship department. Any resources, capital or cash authorised in the Supply Estimates but not used by the ONR at the end of a financial year are no longer authorised for use. Where the ONR has drawn down unspent cash from the Consolidated Fund, this will be immediately surrenderable back to the Fund.</p> answering member constituency Salisbury answering member printed John Glen question first answered 23/10/2023 12:27:40 answering member 4051 label Biography information for John Glen
tabling member	4083 label Biography information for Alison McGovern

1663028

registered interest
date	13/10/2023
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	UK Internal Trade: Northern Ireland
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, with reference to the Answer of 14 January 2021 to Question 134263 on UK Internal Trade: Northern Ireland, what recent discussions he has had with the European Commission on the VAT Margin Scheme.
tabling member constituency	Belfast South
tabling member printed	Claire Hanna
uin	200882
answer	answer is ministerial correction date of answer 23/10/2023 answer text <p>In order to provide certainty for businesses and to continue to support the Northern Ireland second-hand car market, the Government introduced the Second-Hand Motor Vehicle Payment Scheme on 1 May 2023. The scheme ensures that for cars moved after May 1 2023, businesses selling in NI will pay the same net amount of VAT as if they had continued access to the VAT margin scheme for these cars.</p><p> </p><p>The Government is regularly engaging collaboratively with the EU as we implement the Windsor Framework.</p> answering member constituency Louth and Horncastle answering member printed Victoria Atkins grouped question UIN 200803 question first answered 23/10/2023 12:57:07 answering member 4399 label Biography information for Victoria Atkins
tabling member	4827 label Biography information for Claire Hanna

1663035

registered interest
date	13/10/2023
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Taxis: VAT
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, with reference to the judgment in the case of Uber Britannia Limited v Sefton Borough Council [2023] EWHC 1975 (KB), what assessment his Department has made of the potential impact of that judgment on the application of VAT on taxi fares.
tabling member constituency	Cambridge
tabling member printed	Daniel Zeichner
uin	200889
answer	answer is ministerial correction date of answer 23/10/2023 answer text <p><strong>The Uber Britannia Limited v Sefton Borough Council [2023] EWHC 1975 judgment does not apply to taxis, it only applies to Private Hire Vehicle Operator (PHVO) services.</strong></p><p><strong>The VAT rules remain unchanged for PHVO fares. Fares have always been subject to VAT when provided by a VAT registered business who is providing those services as principal. The Government is carefully considering the impact this will have on the sector and passengers. </strong></p> answering member constituency Louth and Horncastle answering member printed Victoria Atkins question first answered 23/10/2023 13:59:11 answering member 4399 label Biography information for Victoria Atkins
tabling member	4382 label Biography information for Daniel Zeichner