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800412

registered interest
date	04/12/2017
answering body	HM Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	CaTreasury
hansard heading	Individual Savings Accounts
house id	2
legislature	25277 pref label House of Lords
question text	To ask Her Majesty's Government what is their estimate of the number of people aged (1) 50–59, (2) 60–69, (3) 70–79, (4) 80–89, and (5) 90 or over, who own ISAs; and for each age group, what is the average holding.
tabling member printed	Baroness Altmann
uin	HL3799
answer	answer is ministerial correction date of answer 13/12/2017 answer text <p>The number of people over 65 who own ISAs and their average value is set out in the table below.</p><table><tbody><tr><td colspan="2"><p>Numbers: thousands</p></td></tr><tr><td><p>Age</p></td><td><p>Number of ISA holders</p></td><td><p>Average ISA Market Values</p></td></tr><tr><td><p>65 and over</p></td><td><p>6,353</p></td><td><p>£38,859</p></td></tr></tbody></table><p> </p><p>This information is taken from HMRC Individual Savings Account (ISA) statistics which is available on Gov.uk</p><p> </p><p> </p><p>The number of people who hold ISA in the age bands (1) 50–59, (2) 60–69, (3) 70–79, (4) 80–89, and (5) 90 or over, who own ISAs; and the average holding is set out in the table below.</p><p> </p><p> </p><table><tbody><tr><td colspan="2"><p>ISA Holders</p></td><td><p>Numbers: thousands</p></td><td><p> </p></td><td><p> </p></td></tr><tr><td><p> </p></td><td><p>Age</p></td><td><p>Total Number of ISA holders</p></td><td><p>Average ISA Market Values</p></td></tr><tr><td><p> </p></td><td><p>50-59</p></td><td><p>4,052</p></td><td><p>£22,406</p></td></tr><tr><td><p> </p></td><td><p>60-69</p></td><td><p>4,017</p></td><td><p>£34,409</p></td></tr><tr><td><p> </p></td><td><p>70-79</p></td><td><p>2,670</p></td><td><p>£39,484</p></td></tr><tr><td><p> </p></td><td><p>80-89</p></td><td><p>1,362</p></td><td><p>£40,373</p></td></tr><tr><td><p> </p></td><td><p>90 and over</p></td><td><p>256</p></td><td><p>£40,097</p></td></tr><tr><td><p> </p></td><td><p>Total<sub>1</sub></p></td><td><p>21,575</p></td><td><p>£22,387</p></td></tr><tr><td colspan="2"><p>Footnotes</p></td></tr><tr><td colspan="6"><p><sup>1</sup> Total is for all ages, including those not shown in the table.</p></td></tr></tbody></table> answering member printed Lord Bates grouped question UIN HL3800 question first answered 13/12/2017 16:51:00 answering member 1091 label Biography information for Lord Bates
tabling member	4533 label Biography information for Baroness Altmann

800413

registered interest
date	04/12/2017
answering body	HM Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	CaTreasury
hansard heading	Individual Savings Accounts
house id	2
legislature	25277 pref label House of Lords
question text	To ask Her Majesty's Government what is their estimate of the number of people aged over 65 who own ISAs; and what is the average value of their holdings.
tabling member printed	Baroness Altmann
uin	HL3800
answer	answer is ministerial correction date of answer 13/12/2017 answer text <p>The number of people over 65 who own ISAs and their average value is set out in the table below.</p><table><tbody><tr><td colspan="2"><p>Numbers: thousands</p></td></tr><tr><td><p>Age</p></td><td><p>Number of ISA holders</p></td><td><p>Average ISA Market Values</p></td></tr><tr><td><p>65 and over</p></td><td><p>6,353</p></td><td><p>£38,859</p></td></tr></tbody></table><p> </p><p>This information is taken from HMRC Individual Savings Account (ISA) statistics which is available on Gov.uk</p><p> </p><p> </p><p>The number of people who hold ISA in the age bands (1) 50–59, (2) 60–69, (3) 70–79, (4) 80–89, and (5) 90 or over, who own ISAs; and the average holding is set out in the table below.</p><p> </p><p> </p><table><tbody><tr><td colspan="2"><p>ISA Holders</p></td><td><p>Numbers: thousands</p></td><td><p> </p></td><td><p> </p></td></tr><tr><td><p> </p></td><td><p>Age</p></td><td><p>Total Number of ISA holders</p></td><td><p>Average ISA Market Values</p></td></tr><tr><td><p> </p></td><td><p>50-59</p></td><td><p>4,052</p></td><td><p>£22,406</p></td></tr><tr><td><p> </p></td><td><p>60-69</p></td><td><p>4,017</p></td><td><p>£34,409</p></td></tr><tr><td><p> </p></td><td><p>70-79</p></td><td><p>2,670</p></td><td><p>£39,484</p></td></tr><tr><td><p> </p></td><td><p>80-89</p></td><td><p>1,362</p></td><td><p>£40,373</p></td></tr><tr><td><p> </p></td><td><p>90 and over</p></td><td><p>256</p></td><td><p>£40,097</p></td></tr><tr><td><p> </p></td><td><p>Total<sub>1</sub></p></td><td><p>21,575</p></td><td><p>£22,387</p></td></tr><tr><td colspan="2"><p>Footnotes</p></td></tr><tr><td colspan="6"><p><sup>1</sup> Total is for all ages, including those not shown in the table.</p></td></tr></tbody></table> answering member printed Lord Bates grouped question UIN HL3799 question first answered 13/12/2017 16:51:00 answering member 1091 label Biography information for Lord Bates
tabling member	4533 label Biography information for Baroness Altmann

800443

registered interest
date	04/12/2017
answering body	HM Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	CaTreasury
hansard heading	NHS: VAT
house id	2
legislature	25277 pref label House of Lords
question text	To ask Her Majesty's Government whether they are planning to extend the VAT exemption enjoyed by local authorities to the NHS; and if so, how and when.
tabling member printed	Lord Hunt of Kings Heath
uin	HL3830
answer	answer is ministerial correction date of answer 18/12/2017 answer text <p>Local authorities are not exempt from VAT, but are entitled to VAT refunds for non-business activities under the Section 33 VAT refund scheme.</p><p> </p><p>Government departments and the NHS are entitled to VAT refunds for certain contracted out services under the Section 41 VAT refund scheme.</p> answering member printed Lord Bates question first answered 18/12/2017 16:12:13 answering member 1091 label Biography information for Lord Bates
tabling member	2024 label Biography information for Lord Hunt of Kings Heath

800458

registered interest
date	04/12/2017
answering body	HM Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	CaTreasury
hansard heading	Help to Buy Scheme: Taxation
house id	2
legislature	25277 pref label House of Lords
question text	To ask Her Majesty's Government whether they intend to consider introducing a windfall tax on profits resulting from their Help to Buy Scheme.
tabling member printed	Lord Myners
uin	HL3845
answer	answer is ministerial correction date of answer 18/12/2017 answer text <p>The government has announced that the Help to Buy equity loan scheme will continue until March 2021 with an additional £10 billion of funding available. Help to Buy equity loan is intended to help people who otherwise would not be able to afford a deposit to buy a home. It is restricted to new-build properties to ensure that it also helps to drive up the number of homes being built. The programme has played an important role in supporting the housing market since 2013 and the number of homes being built has reached its highest level since 2008.</p><p> </p><p>All UK housebuilders will be liable to tax on their profits in the same way as other firms.</p> answering member printed Lord Bates question first answered 18/12/2017 16:11:27 answering member 1091 label Biography information for Lord Bates
tabling member	3869 label Biography information for Lord Myners

800484

registered interest
date	04/12/2017
answering body	HM Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	CaTreasury
hansard heading	Overseas Loans: Republic of Ireland
house id	1
legislature	25259 pref label House of Commons
question text	To ask Mr Chancellor of the Exchequer, will the outstanding loan monies still owed by the Government of the Irish Republic to the UK Goverment be affected in any way by Parliament's decision to conclude the UK's exit from the EU by March 2019.
tabling member constituency	East Londonderry
tabling member printed	Mr Gregory Campbell
uin	117105
answer	answer is ministerial correction date of answer 07/12/2017 answer text <p>The UK Government expects repayment of the £3,226,960,000 bilateral loan to Ireland on time and in full, according to the schedule set out in the most recent statutory report which the Treasury provided to Parliament as required by Section 2 of the Loans to Ireland Act 2010. The last report was laid in Parliament on 7 November 2017 and is available in the Printed Paper Office. There is no direct connection between these terms and the decision to the leave the EU.</p><p> </p><p>Table 2.A of the report provides the details of each of the loan disbursements made to Ireland by the Treasury, and the dates on which each tranche is due to be repaid.</p><p> </p><p>Table 2.A</p><table><tbody><tr><td><p>Disbursement Date</p></td><td><p>Loan amount</p></td><td><p>Loan Maturity Date</p></td></tr><tr><td><p>14 October 2011</p></td><td><p>£403,370,000</p></td><td><p>15 April 2019</p></td></tr><tr><td><p>30 January 2012</p></td><td><p>£403,370,000</p></td><td><p>30 July 2019</p></td></tr><tr><td><p>28 March 2012</p></td><td><p>£403,370,000</p></td><td><p>30 September 2019</p></td></tr><tr><td><p>1 August 2012</p></td><td><p>£403,370,000</p></td><td><p>3 February 2020</p></td></tr><tr><td><p>19 October 2012</p></td><td><p>£403,370,000</p></td><td><p>20 April 2020</p></td></tr><tr><td><p>6 March 2013</p></td><td><p>£403,370,000</p></td><td><p>7 September 2020</p></td></tr><tr><td><p>6 June 2013</p></td><td><p>£403,370,000</p></td><td><p>7 December 2020</p></td></tr><tr><td><p>26 September 2013</p></td><td><p>£403,370,000</p></td><td><p>26 March 2021</p></td></tr></tbody></table><p> </p> answering member constituency North East Cambridgeshire answering member printed Stephen Barclay question first answered 07/12/2017 16:22:45 answering member 4095 label Biography information for Steve Barclay
tabling member	1409 label Biography information for Mr Gregory Campbell

800485

registered interest
date	04/12/2017
answering body	HM Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	CaTreasury
hansard heading	Tax Evasion
house id	1
legislature	25259 pref label House of Commons
question text	To ask Mr Chancellor of the Exchequer, what steps he has taken to tackle corporate tax evasion following the publication of the Panama Papers.
tabling member constituency	Leeds North West
tabling member printed	Alex Sobel
uin	117106
answer	answer is ministerial correction date of answer 07/12/2017 answer text <p>The government has taken significant action to tackle avoidance, evasion, and non-compliance; including securing almost £160 billion of additional tax revenue since 2010, introducing over 100 measures, and investing around £2 billion extra in HMRC.</p><p> </p><p>At Budget, the government took further steps to tackle these issues, which are forecast to raise £4.8 billion between now and 2022-23 for our vital public services. These efforts have helped the UK tax gap fall to 6.0% - its lowest level ever, and one of the lowest in the world.</p><p> </p><p>The UK will continue to engage with our international partners to achieve a consistent and targeted approach for tackling tax avoidance and evasion.</p><p> </p> answering member constituency Central Devon answering member printed Mel Stride question first answered 07/12/2017 13:58:27 answering member 3935 label Biography information for Mel Stride
tabling member	4658 label Biography information for Alex Sobel

800487

registered interest
date	04/12/2017
answering body	HM Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	CaTreasury
hansard heading	Personal Savings: Interest Rates
house id	1
legislature	25259 pref label House of Commons
question text	To ask Mr Chancellor of the Exchequer, what representation he has received on the new rules and guidance regarding interest rates on savings accounts that were issued by the Financial Conduct Authority.
tabling member constituency	East Londonderry
tabling member printed	Mr Gregory Campbell
uin	117108
answer	answer is ministerial correction date of answer 07/12/2017 answer text <p>I refer the honourable member to the answer that I gave on 30 November to PQ UIN 115394.</p> answering member constituency North East Cambridgeshire answering member printed Stephen Barclay question first answered 07/12/2017 13:39:03 answering member 4095 label Biography information for Steve Barclay
tabling member	1409 label Biography information for Mr Gregory Campbell

800512

registered interest
date	04/12/2017
answering body	HM Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	CaTreasury
hansard heading	House Insurance
house id	1
legislature	25259 pref label House of Commons
question text	To ask Mr Chancellor of the Exchequer, what assessment his Department has made of the affordability of home insurance for older and vulnerable people.
tabling member constituency	Stroud
tabling member printed	Dr David Drew
uin	117133
answer	answer is ministerial correction date of answer 12/12/2017 answer text <p>The Financial Conduct Authority (FCA) is responsible for regulating and supervising the financial services industry, including insurance firms. The FCA is actively investigating issues surrounding access to financial services and vulnerable customers, and is also undertaking a wider review of firms’ pricing practices. The FCA recently published its ‘approach to consumers’ consultation paper which includes a focus on understanding the needs of vulnerable people.</p><p> </p><p>The government awaits the finding of the FCA’s consultation.</p><p> </p><p>The government believes that it is important that consumers have access to suitable insurance products at the right price. We recognise that various factors – including age – can impact on availability, pricing and terms of insurance policies. As set out in the government’s response to the final report of the Lords Select Committee on Financial Exclusion in November 2017, we are setting up a new Financial Inclusion Policy Forum. This will help us to consider important issues on this subject, enabling ministers to take a strategic, cross-government approach on action to improve financial inclusion.</p> answering member constituency North East Cambridgeshire answering member printed Stephen Barclay question first answered 12/12/2017 14:52:52 answering member 4095 label Biography information for Steve Barclay
tabling member	252 label Biography information for Dr David Drew

800552

registered interest
date	04/12/2017
answering body	HM Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	CaTreasury
hansard heading	Bank Services: Small Businesses
house id	1
legislature	25259 pref label House of Commons
question text	To ask Mr Chancellor of the Exchequer, what steps his Department is taking to support small businesses whose local bank branches have just closed or are at risk of closure.
tabling member constituency	Portsmouth South
tabling member printed	Stephen Morgan
uin	117173
answer	answer is ministerial correction date of answer 12/12/2017 answer text <p>The Government is committed to improving access to financial services. While the decision to close a branch remains a commercial judgement for banks, the impact on communities must be understood, considered and mitigated where possible.</p><p> </p><p>The industry’s Access to Banking Standard, launched in May 2017, commits banks to ensure personal and business customers are better informed about branch closures and the reasons for them closing, along with the options they have locally to continue to access banking services, including specialist assistance for customers who need more help. The Access to Banking Standard is monitored and enforced by the independent Lending Standards Board.</p><p> </p><p>95% of banks’ business customers are now able to withdraw cash, deposit cash and cheques, and make balance enquiries at a Post Office counter via its network of 11,600 branches. At Budget, I wrote to the Post Office and UK Finance to ask them to raise public awareness of the banking services available at the Post Office for individuals and SMEs.</p><p> </p><p>Government will have provided nearly £2 billion during the period 2011 to 2018 to maintain and modernise the Post Office network.</p> answering member constituency North East Cambridgeshire answering member printed Stephen Barclay question first answered 12/12/2017 14:54:57 answering member 4095 label Biography information for Steve Barclay
tabling member	4653 label Biography information for Stephen Morgan

800573

registered interest
date	04/12/2017
answering body	HM Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	CaTreasury
hansard heading	Revenue and Customs: Security Guards
house id	1
legislature	25259 pref label House of Commons
question text	To ask Mr Chancellor of the Exchequer, for what reasons HMRC is seeking to outsource security at its offices rather than utilising a directly employed workforce.
tabling member constituency	Cumbernauld, Kilsyth and Kirkintilloch East
tabling member printed	Stuart C. McDonald
uin	117194
answer	answer is ministerial correction date of answer 12/12/2017 answer text <p>HMRC’s security arrangements are made up of a number of elements including an Access Control Service. Contractors already provide this service at the majority of HMRC sites with these arrangements. The engagement of a specialist security supplier at all sites will provide HMRC with a consistent, standardised and responsive Access Control Service that will safeguard people, information and assets through a readily available, industry standard trained, specialist security workforce. The flexibility of the service will also enable HMRC to meet future service standards effectively.</p> answering member constituency Central Devon answering member printed Mel Stride question first answered 12/12/2017 14:48:49 answering member 3935 label Biography information for Mel Stride
tabling member	4393 label Biography information for Stuart C McDonald