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1124170

registered interest
date	01/05/2019
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Cash Dispensing: Fees and Charges
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, what steps he is taking to ensure that reductions in the interchange rate do not result in free ATMs becoming pay ATMs.
tabling member constituency	Newcastle upon Tyne Central
tabling member printed	Chi Onwurah
uin	249934
answer	answer is ministerial correction date of answer 08/05/2019 answer text <p>Last year, Government launched a Call for Evidence on Cash and Digital Payments in the New Economy. One part of the wide range of evidence collected detailed the changing levels of cash usage. Responses showed that, although the proportion of cash transactions is expected to fall over the next 10 years, cash remains important in the lives of many people and businesses across the UK. That’s why the Government is committed to supporting digital payments, whilst safeguarding access to cash for those who need it. The Government is engaging, and will continue to engage, with the regulators and industry on this important topic.</p><p> </p><p>The Government has not made an assessment of the effect on poor households of free-to-use ATMs becoming pay-to-use. However, the Government-established Payment Systems Regulator (PSR) is closely monitoring developments in ATM provision, including those that are free-to-use. The PSR regulates LINK, the scheme which runs the UK’s ATM network, and has used its powers to hold LINK to account over LINK’s commitments to preserve the broad geographic spread of the ATM network.</p><p> </p><p>The PSR has set out requirements of LINK, including that any cuts to interchange fees (the fees which fund free-to-use ATMs) must be incremental, with action taken by LINK where the impact is not as expected. Having implemented two of the four planned incremental reductions to the interchange fee, LINK has cancelled the third reduction and put on hold the fourth. The PSR welcomed these adjustments, having stated that LINK must carefully review its decisions on interchange fees to reflect changing market conditions. These adjustments gave the PSR further assurances that LINK is committed to making sure communities do not lose their free-to-use ATMs.</p><p> </p><p>LINK has put in place specific arrangements to protect free-to-use ATMs more than 1 kilometre away from the next nearest free-to-use ATM. LINK has also enhanced its Financial Inclusion Programme by tripling the funding available to ATMs in the most deprived areas of the UK and undertaken new financial support for ATMs in remote and deprived areas.</p> answering member constituency Salisbury answering member printed John Glen grouped question UIN 249935 249936 249937 question first answered 08/05/2019 14:29:23 answering member 4051 label Biography information for John Glen
tabling member	4124 label Biography information for Chi Onwurah

1124172

registered interest
date	01/05/2019
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Cash Dispensing: Fees and Charges
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, whether he has made an assessment of the effect on poorer households of recent increases in the number of free ATMs becoming pay ATMs; and if he will make a statement.
tabling member constituency	Newcastle upon Tyne Central
tabling member printed	Chi Onwurah
uin	249935
answer	answer is ministerial correction date of answer 08/05/2019 answer text <p>Last year, Government launched a Call for Evidence on Cash and Digital Payments in the New Economy. One part of the wide range of evidence collected detailed the changing levels of cash usage. Responses showed that, although the proportion of cash transactions is expected to fall over the next 10 years, cash remains important in the lives of many people and businesses across the UK. That’s why the Government is committed to supporting digital payments, whilst safeguarding access to cash for those who need it. The Government is engaging, and will continue to engage, with the regulators and industry on this important topic.</p><p> </p><p>The Government has not made an assessment of the effect on poor households of free-to-use ATMs becoming pay-to-use. However, the Government-established Payment Systems Regulator (PSR) is closely monitoring developments in ATM provision, including those that are free-to-use. The PSR regulates LINK, the scheme which runs the UK’s ATM network, and has used its powers to hold LINK to account over LINK’s commitments to preserve the broad geographic spread of the ATM network.</p><p> </p><p>The PSR has set out requirements of LINK, including that any cuts to interchange fees (the fees which fund free-to-use ATMs) must be incremental, with action taken by LINK where the impact is not as expected. Having implemented two of the four planned incremental reductions to the interchange fee, LINK has cancelled the third reduction and put on hold the fourth. The PSR welcomed these adjustments, having stated that LINK must carefully review its decisions on interchange fees to reflect changing market conditions. These adjustments gave the PSR further assurances that LINK is committed to making sure communities do not lose their free-to-use ATMs.</p><p> </p><p>LINK has put in place specific arrangements to protect free-to-use ATMs more than 1 kilometre away from the next nearest free-to-use ATM. LINK has also enhanced its Financial Inclusion Programme by tripling the funding available to ATMs in the most deprived areas of the UK and undertaken new financial support for ATMs in remote and deprived areas.</p> answering member constituency Salisbury answering member printed John Glen grouped question UIN 249934 249936 249937 question first answered 08/05/2019 14:29:23 answering member 4051 label Biography information for John Glen
tabling member	4124 label Biography information for Chi Onwurah

1124176

registered interest
date	01/05/2019
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Personal Income
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, what assessment his Department has made of the proportion of household income spent as cash in the last 12 months; and what projection his Department has made of changes in the level of income and spending with cash in the next 10 years.
tabling member constituency	Newcastle upon Tyne Central
tabling member printed	Chi Onwurah
uin	249937
answer	answer is ministerial correction date of answer 08/05/2019 answer text <p>Last year, Government launched a Call for Evidence on Cash and Digital Payments in the New Economy. One part of the wide range of evidence collected detailed the changing levels of cash usage. Responses showed that, although the proportion of cash transactions is expected to fall over the next 10 years, cash remains important in the lives of many people and businesses across the UK. That’s why the Government is committed to supporting digital payments, whilst safeguarding access to cash for those who need it. The Government is engaging, and will continue to engage, with the regulators and industry on this important topic.</p><p> </p><p>The Government has not made an assessment of the effect on poor households of free-to-use ATMs becoming pay-to-use. However, the Government-established Payment Systems Regulator (PSR) is closely monitoring developments in ATM provision, including those that are free-to-use. The PSR regulates LINK, the scheme which runs the UK’s ATM network, and has used its powers to hold LINK to account over LINK’s commitments to preserve the broad geographic spread of the ATM network.</p><p> </p><p>The PSR has set out requirements of LINK, including that any cuts to interchange fees (the fees which fund free-to-use ATMs) must be incremental, with action taken by LINK where the impact is not as expected. Having implemented two of the four planned incremental reductions to the interchange fee, LINK has cancelled the third reduction and put on hold the fourth. The PSR welcomed these adjustments, having stated that LINK must carefully review its decisions on interchange fees to reflect changing market conditions. These adjustments gave the PSR further assurances that LINK is committed to making sure communities do not lose their free-to-use ATMs.</p><p> </p><p>LINK has put in place specific arrangements to protect free-to-use ATMs more than 1 kilometre away from the next nearest free-to-use ATM. LINK has also enhanced its Financial Inclusion Programme by tripling the funding available to ATMs in the most deprived areas of the UK and undertaken new financial support for ATMs in remote and deprived areas.</p> answering member constituency Salisbury answering member printed John Glen grouped question UIN 249934 249935 249936 question first answered 08/05/2019 14:29:24 answering member 4051 label Biography information for John Glen
tabling member	4124 label Biography information for Chi Onwurah

1124179

registered interest
date	01/05/2019
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Welfare Tax Credits: Overpayments
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, what estimate he has made of the number of people claiming tax credits who have an overpayment in the latest period for which figures are available.
tabling member constituency	High Peak
tabling member printed	Ruth George
uin	249939
answer	answer is ministerial correction date of answer 08/05/2019 answer text <p>I refer the hon. Member to the reply that I gave her on 11 January 2019, UIN: 206456. Updated estimates will be published in Summer 2019.</p><p> </p> answering member constituency South West Norfolk answering member printed Elizabeth Truss question first answered 08/05/2019 09:46:41 answering member 4097 label Biography information for Elizabeth Truss
tabling member	4662 label Biography information for Ruth George

1124181

registered interest
date	01/05/2019
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Welfare Tax Credits: Overpayments
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, what proportion of the £6.9 billion of tax credit debt has been held by HMRC (a) for more than seven years, (b) between two and seven years and (c) less than two years.
tabling member constituency	High Peak
tabling member printed	Ruth George
uin	249940
answer	answer is ministerial correction date of answer 08/05/2019 answer text <p>The £6.9 billion of tax credit debt in 2017/18 is net £0.3billion of debt that was transferred to DWP. A breakdown of the age of tax credits debt is only readily available on the gross debt estimate of £7.2 billion. This shows that (a) 16 per cent relates to the 2010-11 award year or older, (b) 52 per cent relates to award years between 2011/12 to 2015/16, and (c) 29 per cent relates to the 2016/17 award year or after.</p> answering member constituency South West Norfolk answering member printed Elizabeth Truss question first answered 08/05/2019 13:18:44 answering member 4097 label Biography information for Elizabeth Truss
tabling member	4662 label Biography information for Ruth George

1124233

registered interest
date	01/05/2019
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Mortgages
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, what steps the Government has taken to improve access to the mortgage market for underserved groups.
tabling member constituency	Stalybridge and Hyde
tabling member printed	Jonathan Reynolds
uin	249972
answer	answer is ministerial correction date of answer 13/05/2019 answer text <p>The Government is committed to maintaining an accessible mortgage market. The Financial Conduct Authority (FCA), which is responsible for regulating the market and protecting consumers, found in their Mortgage Market Study, published March 2019, that the market is working well and that consumers have access to mortgages that are suitable and affordable.</p><p> </p><p>The FCA recognises that lenders should have flexibility to decide what type of evidence of income they can accept from customers, including those who are self-employed or have alternative sources of income.</p><p> </p><p>Many lenders also offer custom mortgage products designed for contractors or the self-employed. These commonly include features designed to account for income volatility, such as the ability to make capital repayments at any time, or income assessments using averaged figures to smooth out monthly variations.</p><p> </p><p>Beyond the FCA’s regulations, decisions around the type and availability of mortgage products are commercial decisions for lenders, and the Government does not seek to intervene in these decisions.</p> answering member constituency Salisbury answering member printed John Glen grouped question UIN 249973 question first answered 13/05/2019 14:14:54 answering member 4051 label Biography information for John Glen
tabling member	4119 label Biography information for Jonathan Reynolds

1124238

registered interest
date	01/05/2019
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	General Anti-abuse Rule Advisory Panel
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, how many cases have been referred to the GAAR Advisory Panel since 2015.
tabling member constituency	Bootle
tabling member printed	Peter Dowd
uin	249975
answer	answer is ministerial correction date of answer 08/05/2019 answer text <p>Since 2015, 13 cases have been referred to the General Anti-Abuse Rule (GAAR) Advisory Panel. GAAR Advisory Panel opinions are published on GOV.UK.</p> answering member constituency Central Devon answering member printed Mel Stride question first answered 08/05/2019 15:25:59 answering member 3935 label Biography information for Mel Stride
tabling member	4397 label Biography information for Peter Dowd

1124239

registered interest
date	01/05/2019
answering body	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 the Chancellor of the Exchequer, how many penalties related to off-shore activities HMRC collected in the last 12 months.
tabling member constituency	Bootle
tabling member printed	Peter Dowd
uin	249976
answer	answer is ministerial correction date of answer 08/05/2019 answer text <p>HMRC does not record data on penalties related to offshore activities in a single system, as cases can be complex and involve a combination of offshore and onshore elements. The information requested is not available.</p> answering member constituency Central Devon answering member printed Mel Stride question first answered 08/05/2019 15:23:57 answering member 3935 label Biography information for Mel Stride
tabling member	4397 label Biography information for Peter Dowd