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1134518

registered interest
date	25/06/2019
answering body	Foreign and Commonwealth Office
answering dept id	16
answering dept short name	Foreign and Commonwealth Office
answering dept sort name	Foreign and Commonwealth Office
hansard heading	Libya: Freezing of Assets
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Foreign and Commonwealth Affairs, when his Department first became aware that HM Treasury had received tax receipts derived from the interest on frozen Libyan assets held in UK banks; and if he will make a statement.
tabling member constituency	North Down
tabling member printed	Lady Hermon
uin	269000
answer	answer is ministerial correction date of answer 03/07/2019 answer text <p>It is the Government's long-standing policy that designated persons are not exempt from tax as a consequence of having their assets frozen. The Government's response of 24 June to the Northern Ireland Affairs Committee report (into Government support for UK victims of IRA attacks that used Qadhafi-supplied Semtex and weapons) set out the releasable information the Government has about tax receipts derived from the interest on frozen Libyan assets held in UK banks. The Government's response says:</p><p><em>&quot;As stated in the Office of Financial Sanctions Implementation's letter to the Committee of 23 April 2019, OFSI's responsibilities do not include tracking tax liabilities on frozen assets. HMRC, as the department responsible for safeguarding the flow of money to the Exchequer is responsible for any records of tax liability. HMRC has reconsidered how we can help the Committee within the legal constraints governing our ability to share information. We have concluded that we can use aggregated information to answer the Committee's questions, provided that information cannot be tied back to individual persons or companies as a result. HMRC receives payments of tax from a small proportion of the entities designated under the Libyan regime. Around £17 million has been received in total since the start of the 2016-17 tax year. HMRC currently receives around £5 million each year.&quot;</em></p> answering member constituency South West Wiltshire answering member printed Dr Andrew Murrison question first answered 03/07/2019 16:10:36 answering member 1466 label Biography information for Dr Andrew Murrison
tabling member	1437 label Biography information for Lady Hermon

1134520

registered interest
date	25/06/2019
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Air Passenger Duty: Northern Ireland
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, what progress has been made on reducing air passenger duty on domestic flights from Northern Ireland's airports; and if he will make a statement.
tabling member constituency	North Down
tabling member printed	Lady Hermon
uin	269001
answer	answer is ministerial correction date of answer 03/07/2019 answer text The government has established a technical working group that is considering the operational and legal context of APD in Northern Ireland. The group met in Belfast in March, and will meet again next month to continue discussions with stakeholders.<p> </p><p>For domestic journeys, airlines are liable on both outward and return leg domestic journeys as APD applies to all departures from a UK airport. It is not possible under current EU law to have different rates of APD on intra-UK flights than on flights from the UK to other European Union destinations.</p> answering member constituency Newark answering member printed Robert Jenrick question first answered 03/07/2019 12:27:12 answering member 4320 label Biography information for Robert Jenrick
tabling member	1437 label Biography information for Lady Hermon

1134527

registered interest
date	25/06/2019
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Freezing of Assets: Libya
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, how much tax was taken by HM Treasury on the interest accrued on Libyan assets frozen in UK banks in each of the years since 2010; and if he will make a statement.
tabling member constituency	North Down
tabling member printed	Lady Hermon
uin	269004
answer	answer is ministerial correction date of answer 03/07/2019 answer text <p>The Government’s response of 24 June to the Northern Ireland Affairs Committee report (on Government support for UK victims of IRA attacks that used Qadhafi-supplied Semtex and weapons) set out the information the Government had obtained about tax receipts derived from frozen Libyan assets held in UK banks. The response states: “Around £17 million has been received in total since the start of the 2016-17 tax year. HMRC currently receives around £5 million each year.”</p><p> </p><p>Information on the tax taken on interest accrued on Libyan assets frozen in UK banks is not held centrally within government and would involve disproportionate costs to collect and collate.</p> answering member constituency Hereford and South Herefordshire answering member printed Jesse Norman question first answered 03/07/2019 16:14:21 answering member 3991 label Biography information for Jesse Norman
tabling member	1437 label Biography information for Lady Hermon