Show Search Form

Search Results

registered interest	true false
date	exactly: or between: and
answering body
answering dept id
answering dept short name
answering dept sort name
hansard heading
house id
legislature	pref label
question text
tabling member constituency
tabling member printed
uin
answer	is ministerial correction true false date of answer exactly: or between: and answer text answering member constituency answering member printed grouped question UIN question first answered answering member label
tabling member

Search

1733821

registered interest
date	14/10/2024
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Private Education: VAT
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, with reference to the Exchequer Secretary's oral contribution during the debate on VAT: Independent Schools of 8 October 2024, Official Report, column 171, if she will publish the Government's own analysis on the potential impact of adding VAT to school fees on pupils and their families across the state and private school sectors.
tabling member constituency	Huntingdon
tabling member printed	Ben Obese-Jecty
uin	8945
answer	answer is ministerial correction date of answer 17/10/2024 answer text <p>The government has carefully considered the impact these policies will have on pupils and their families across both the state and private sector, as well as the impact they will have on state and private schools. Following scrutiny by the independent Office for Budget Responsibility (OBR), details of the Government’s assessment of the expected impacts of these policy changes will be published at the Budget on 30 October in the usual way.</p> answering member constituency Ealing North answering member printed James Murray question first answered 17/10/2024 16:10:10 answering member 4797 label Biography information for James Murray
tabling member	5089

1733877

registered interest
date	14/10/2024
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Tobacco: Excise Duties
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, what steps she is taking to help tackle tobacco duty avoidance.
tabling member constituency	Romford
tabling member printed	Andrew Rosindell
uin	8778
answer	answer is ministerial correction date of answer 17/10/2024 answer text <p>The new joint HMRC and Border Force strategy to tackle illicit tobacco was published earlier this year, ‘<a href="https://www.gov.uk/government/publications/stubbing-out-the-problem-a-new-strategy-to-tackle-illicit-tobacco/stubbing-out-the-problem-a-new-strategy-to-tackle-illicit-tobacco#:~:text=HMRC%20launched%20its%20first%20strategy,%25%20over%20the%20same%20period" target="_blank">Stubbing out the problem</a>’. The strategy:</p><ul><li>targets the demand for illicit trade (the consumers that criminals seek to exploit) as well as the supply (the criminals themselves)</li><li>is supported by over £100 million new funding over the next 5 years to boost HMRC and Border Force enforcement capability</li><li>establishes a new, cross-government Illicit Tobacco Taskforce – combining the operational, investigative and intelligence expertise of various agencies, and enhancing our ability to disrupt organised crime.</li></ul><p>HMRC estimates the size of the illicit market using tax gap data, which is reported annually.</p><p> </p><p>The duty gap for tobacco duty is 14.5% of the theoretical tobacco duty liability, or £1.7 billion in absolute terms, in tax year 2022 to 2023.</p><p> </p><p>The tax gap for tobacco includes losses from the importation or production of illicit tobacco products and tax evaded on the smuggling of non-duty paid tobacco and genuine tobacco products sourced overseas.</p><p>The link to the tobacco tax gap is here Measuring tax gaps 2024 edition: tax gap estimates for 2022 to 2023.<a href="https://www.gov.uk/government/statistics/measuring-tax-gaps" target="_blank">Measuring tax gaps 2024 edition: tax gap estimates for 2022 to 2023 - GOV.UK (www.gov.uk)</a></p><p> </p> answering member constituency Ealing North answering member printed James Murray grouped question UIN 8779 question first answered 17/10/2024 15:30:06 answering member 4797 label Biography information for James Murray
tabling member	1447 label Biography information for Andrew Rosindell

1733878

registered interest
date	14/10/2024
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Tobacco: Excise Duties
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, what estimate she has made of the annual tax revenue loss from (a) illicit and (b) non-duty paid tobacco.
tabling member constituency	Romford
tabling member printed	Andrew Rosindell
uin	8779
answer	answer is ministerial correction date of answer 17/10/2024 answer text <p>The new joint HMRC and Border Force strategy to tackle illicit tobacco was published earlier this year, ‘<a href="https://www.gov.uk/government/publications/stubbing-out-the-problem-a-new-strategy-to-tackle-illicit-tobacco/stubbing-out-the-problem-a-new-strategy-to-tackle-illicit-tobacco#:~:text=HMRC%20launched%20its%20first%20strategy,%25%20over%20the%20same%20period" target="_blank">Stubbing out the problem</a>’. The strategy:</p><ul><li>targets the demand for illicit trade (the consumers that criminals seek to exploit) as well as the supply (the criminals themselves)</li><li>is supported by over £100 million new funding over the next 5 years to boost HMRC and Border Force enforcement capability</li><li>establishes a new, cross-government Illicit Tobacco Taskforce – combining the operational, investigative and intelligence expertise of various agencies, and enhancing our ability to disrupt organised crime.</li></ul><p>HMRC estimates the size of the illicit market using tax gap data, which is reported annually.</p><p> </p><p>The duty gap for tobacco duty is 14.5% of the theoretical tobacco duty liability, or £1.7 billion in absolute terms, in tax year 2022 to 2023.</p><p> </p><p>The tax gap for tobacco includes losses from the importation or production of illicit tobacco products and tax evaded on the smuggling of non-duty paid tobacco and genuine tobacco products sourced overseas.</p><p>The link to the tobacco tax gap is here Measuring tax gaps 2024 edition: tax gap estimates for 2022 to 2023.<a href="https://www.gov.uk/government/statistics/measuring-tax-gaps" target="_blank">Measuring tax gaps 2024 edition: tax gap estimates for 2022 to 2023 - GOV.UK (www.gov.uk)</a></p><p> </p> answering member constituency Ealing North answering member printed James Murray grouped question UIN 8778 question first answered 17/10/2024 15:30:06 answering member 4797 label Biography information for James Murray
tabling member	1447 label Biography information for Andrew Rosindell

1733912

registered interest
date	14/10/2024
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Spirits: Excise Duties
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, what estimate the Office for Budget Responsibility made of revenues for spirits excise duty in the 2024-25 financial year; and what those revenues are to date.
tabling member constituency	Orkney and Shetland
tabling member printed	Mr Alistair Carmichael
uin	8762
answer	answer is ministerial correction date of answer 17/10/2024 answer text <p>The Office for Budget Responsibility spirits alcohol duty receipts forecast can be found in table 3.9 of the ‘detailed forecast tables: receipts’ publication accompanying the Economic and Fiscal Outlook published in March 2024: <a href="https://obr.uk/download/march-2024-economic-and-fiscal-outlook-detailed-forecast-tables-receipts/?tmstv=1728999549" target="_blank">OBR Economic and Fiscal Outlook Detailed Forecast Table Receipts - OBR (obr.uk)</a></p><p> </p><p>The year-to-date spirits duty receipts for April to August 2024 can be found in the statistics table accompanying HMRC’s ‘tax receipts and National Insurance contributions for the UK’ publication: https://www.gov.uk/government/statistics/hmrc-tax-and-nics-receipts-for-the-uk</p><p> </p><p>The OBR will be publishing updated forecasts on 30 October 2024.</p><p> </p> answering member constituency Ealing North answering member printed James Murray question first answered 17/10/2024 16:08:36 answering member 4797 label Biography information for James Murray
tabling member	1442 label Biography information for Mr Alistair Carmichael

1733919

registered interest
date	14/10/2024
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Further Education: VAT
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, what the VAT status is of further education colleges.
tabling member constituency	Brentwood and Ongar
tabling member printed	Alex Burghart
uin	8846
answer	answer is ministerial correction date of answer 17/10/2024 answer text <p>Education services supplied by an “eligible body” are exempt from VAT. For VAT purposes, an “eligible body” broadly refers to most regulated, publicly funded, or not-for-profit education providers. This means no VAT is charged on supplies of education made by further education colleges, nor are further education colleges able to recover the VAT they have incurred on their expenditure.</p><p>We are ending the VAT exemption for private schools. The government will introduce 20% VAT on education and boarding services provided for a charge from 1 January 2025. This will include education and vocational training provided either at sixth forms attached to private schools or stand-alone private sixth form colleges. However, education and vocational training provided by further education colleges will not be subject to VAT.</p> answering member constituency Ealing North answering member printed James Murray question first answered 17/10/2024 17:17:25 answering member 4797 label Biography information for James Murray
tabling member	4613 label Biography information for Alex Burghart

1733925

registered interest
date	14/10/2024
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	National Wealth Fund
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, whether organisations in receipt of funding via the National Wealth Fund will be required to (a) have a UK headquarters and (b) be UK taxpayers.
tabling member constituency	Norwich South
tabling member printed	Clive Lewis
uin	8839
answer	answer is ministerial correction date of answer 17/10/2024 answer text <p>The National Wealth Fund (NWF) will mobilise billions of pounds of investment in the UK's world leading clean energy and growth industries. In order to be eligible for consideration for NWF finance, the project must meet the NWF’s investment principles, with proceeds going to UK-based projects. These are:</p><p> </p><ol><li>The investment helps to support the objectives to drive regional and local economic growth or tackle climate change;</li><li>The investment is in infrastructure assets or networks, or in new infrastructure technology;</li><li>The investment is intended to deliver a positive financial return; and</li><li>The investment is expected to crowd in significant private capital over time.</li></ol><p> </p><p>Individual investments will be considered on a case-by-case basis in line with the NWF’s mandate and strategic priorities, which can be found on <a href="http://www.uknwf.org.uk" target="_blank">www.uknwf.org.uk</a>.</p> answering member constituency Hampstead and Highgate answering member printed Tulip Siddiq question first answered 17/10/2024 13:11:36 answering member 4518 label Biography information for Tulip Siddiq
tabling member	4500 label Biography information for Clive Lewis

1733927

registered interest
date	14/10/2024
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	National Wealth Fund: Private Equity
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, whether private equity firms will be eligible to receive funds via the National Wealth Fund.
tabling member constituency	Norwich South
tabling member printed	Clive Lewis
uin	8840
answer	answer is ministerial correction date of answer 17/10/2024 answer text <p>As the UK's new impact investor, the National Wealth Fund will mobilise private investment – including from institutional investors such as private equity firms – and catalyse investment that would not have otherwise taken place.</p><p> </p><p>The National Wealth Fund may also outsource management of its capital to third party managers, such as private equity firms, where doing so provides the best route to deploy capital into the UK’s world-leading clean energy and growth industries and to support the delivery of our new Industrial Strategy.</p> answering member constituency Hampstead and Highgate answering member printed Tulip Siddiq question first answered 17/10/2024 13:18:15 answering member 4518 label Biography information for Tulip Siddiq
tabling member	4500 label Biography information for Clive Lewis

1733928

registered interest
date	14/10/2024
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	National Wealth Fund
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, what the Government's planned timetable is for introducing legislation to establish the National Wealth Fund.
tabling member constituency	Norwich South
tabling member printed	Clive Lewis
uin	8841
answer	answer is ministerial correction date of answer 17/10/2024 answer text <p>The National Wealth Fund (NWF) has been established and can operate under the UK Infrastructure Bank Act 2023. The government will bring forward new legislation when parliamentary time allows to broaden its mandate beyond infrastructure and cement its position as a permanent institution at the heart of the country’s long-term growth and prosperity.</p> answering member constituency Hampstead and Highgate answering member printed Tulip Siddiq question first answered 17/10/2024 13:09:52 answering member 4518 label Biography information for Tulip Siddiq
tabling member	4500 label Biography information for Clive Lewis

1733972

registered interest
date	14/10/2024
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Sanctions: Russia
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, what steps she is taking to ensure effective enforcement of the UK's financial sanctions regime for UK companies suspected of breaching sanctions on Russian oil.
tabling member constituency	Chesham and Amersham
tabling member printed	Sarah Green
uin	8990
answer	answer is ministerial correction date of answer 17/10/2024 answer text <p>The action taken by the UK and its Coalition partners to limit Russian energy revenues is having a significant impact, with data from Russia’s Ministry of Finance showing there was a 30% reduction in Russian government tax revenues from oil in 2023 compared to 2022.</p><p>HM Treasury’s Office of Financial Sanctions Implementation (OFSI) is the authority responsible for implementing financial sanctions and the Oil Price Cap. OFSI takes a proactive enforcement approach based on its enhanced intelligence and monitoring capabilities, and is currently undertaking a number of investigations into suspected breaches of the price cap, using powers under the Sanctions and Anti Money Laundering Act (SAMLA) to request information and working closely with our international partners in the G7+ Oil Price Cap Coalition.</p><p>Industry compliance is further strengthened through guidance and alerts, for example the compliance and enforcement alert issued in February 2024 on the Oil Price Cap, which highlighted to industry red flags for sanctions evasion.</p><p>Enforcement outcomes are never immediate, as complex investigations, including following due process, take time. The length of OFSI’s investigation process is consistent with international standards. OFSI assesses every instance of reported non-compliance and takes action in all cases where it is appropriate to do so. This was demonstrated by OFSI’s penalty against the British company Integral Concierge Services Limited on 27 September, for committing serious breaches of UK sanctions imposed as a result of Russia’s illegal invasion of Ukraine in 2022.</p><p>The UK has also taken action directly targeting shadow fleet vessels and entities that seek to undermine UK sanctions and facilitate the trade and transportation of Russian oil and oil products.</p> answering member constituency Hampstead and Highgate answering member printed Tulip Siddiq question first answered 17/10/2024 13:07:34 answering member 4518 label Biography information for Tulip Siddiq
tabling member	4918 label Biography information for Sarah Green

1734070

registered interest
date	14/10/2024
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Financial Services: Off-payroll Working
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, what steps she is taking to help reduce the impact of off-payroll working rules on the financial services sector and those working in it; and whether she plans to review those rules.
tabling member constituency	Basildon and Billericay
tabling member printed	Mr Richard Holden
uin	9038
answer	answer is ministerial correction date of answer 17/10/2024 answer text <p>The Government keeps all tax policy and legislation under review.</p><p> </p><p>The Government and HMRC published both <a href="https://www.gov.uk/government/publications/short-term-effects-of-the-2021-off-payroll-working-rules-reform-for-private-and-voluntary-sector-organisations" target="_blank">external research</a> and <a href="https://www.gov.uk/government/publications/impacts-of-the-2021-off-payroll-working-rules-reform-in-the-private-and-voluntary-sectors/impacts-of-the-off-payroll-working-rules-reform-in-the-private-and-voluntary-sectors" target="_blank">internal analysis</a> on the impacts of the 2021 reform in the private and voluntary sectors here:</p><p> </p><p><a href="https://www.gov.uk/government/publications/short-term-effects-of-the-2021-off-payroll-working-rules-reform-for-private-and-voluntary-sector-organisations" target="_blank"><em>https://www.gov.uk/government/publications/short-term-effects-of-the-2021-off-payroll-working-rules-reform-for-private-and-voluntary-sector-organisations</em></a></p><p><em> </em></p><p><a href="https://www.gov.uk/government/publications/impacts-of-the-2021-off-payroll-working-rules-reform-in-the-private-and-voluntary-sectors/impacts-of-the-off-payroll-working-rules-reform-in-the-private-and-voluntary-sectors" target="_blank"><em>https://www.gov.uk/government/publications/impacts-of-the-2021-off-payroll-working-rules-reform-in-the-private-and-voluntary-sectors/impacts-of-the-off-payroll-working-rules-reform-in-the-private-and-voluntary-sectors</em></a></p><p> </p><p>HMRC will continue to provide support and guidance to individuals and businesses operating the rules, including those in the financial services sector, and will continue to look for opportunities to improve the way these rules work in practice.</p><p> </p> answering member constituency Ealing North answering member printed James Murray question first answered 17/10/2024 07:47:20 answering member 4797 label Biography information for James Murray
tabling member	4813 label Biography information for Mr Richard Holden