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1134527
registered interest false more like this
date less than 2019-06-25more like thismore than 2019-06-25
answering body
Treasury more like this
answering dept id 14 remove filter
answering dept short name Treasury more like this
answering dept sort name Treasury more like this
hansard heading Freezing of Assets: Libya more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
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. more like this
tabling member constituency North Down more like this
tabling member printed
Lady Hermon more like this
uin 269004 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2019-07-03more like thismore than 2019-07-03
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> more like this
answering member constituency Hereford and South Herefordshire more like this
answering member printed Jesse Norman more like this
question first answered
less than 2019-07-03T16:14:21.007Zmore like thismore than 2019-07-03T16:14:21.007Z
answering member
3991
label Biography information for Jesse Norman more like this
tabling member
1437
label Biography information for Lady Hermon more like this