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1052229

	registered interest
	date	31/01/2019
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	VAT: Tax Thresholds
	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 potential effect on the money accrued to the public purse of raising the maximum threshold for VAT by (a) 5 and (b) 10 per cent.
	tabling member constituency	Christchurch
	tabling member printed	Sir Christopher Chope
	uin	215069
	answer	answer is ministerial correction date of answer 05/02/2019 answer text <p>Estimates of the revenue impact of raising the registration threshold for VAT are set out in the review ‘Value added tax: routes to simplification’ by the Office of Tax Simplification, available here (see page 8): <a href="https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/657215/Value_added_tax_routes_to_simplification_print.pdf" target="_blank">https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/657215/Value_added_tax_routes_to_simplification_print.pdf</a></p> answering member constituency Central Devon answering member printed Mel Stride question first answered 05/02/2019 16:41:36 answering member 3935 label Biography information for Mel Stride
	tabling member	242 label Biography information for Sir Christopher Chope

1052230

	registered interest
	date	31/01/2019
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Housing: Insulation
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Chancellor of the Exchequer, how much money accrued to the public purse from VAT from insulating materials for home improvement in 2018-19.
	tabling member constituency	Christchurch
	tabling member printed	Sir Christopher Chope
	uin	215070
	answer	answer is ministerial correction date of answer 05/02/2019 answer text <p>HM Revenue and Customs does not hold this information.</p><p>HMRC does not collect this level of information on its VAT returns and does not have estimates of the VAT collected on the sale of insulating materials for home improvement.</p> answering member constituency Central Devon answering member printed Mel Stride question first answered 05/02/2019 16:29:28 answering member 3935 label Biography information for Mel Stride
	tabling member	242 label Biography information for Sir Christopher Chope

1052245

	registered interest
	date	31/01/2019
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	VAT
	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 amount of money accrued to the public purse from VAT in 2018-19; and what proportion of that amount will be payable to the European Union.
	tabling member constituency	Christchurch
	tabling member printed	Sir Christopher Chope
	uin	215071
	answer	answer is ministerial correction date of answer 05/02/2019 answer text <p>The Office for Budgetary Responsibility (OBR) has forecast, in its Economic and Fiscal Outlook- October 2018, that the UK will collect £132.2 billion in revenue from VAT in 2018-19.</p><p> </p><p>The UK does not transfer VAT receipts to the EU, and so will not do so after withdrawal from the EU.</p><p> </p><p>Details on our payments to the EU can be found in the White Paper on ‘European Union Finances’ which is published annually and is available online.</p> answering member constituency Central Devon answering member printed Mel Stride question first answered 05/02/2019 16:30:49 answering member 3935 label Biography information for Mel Stride
	tabling member	242 label Biography information for Sir Christopher Chope

1052246

	registered interest
	date	31/01/2019
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Fuels: VAT
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Chancellor of the Exchequer, how much money accrued to the public purse from VAT on (a) domestic and (b) other fuel in 2017-18.
	tabling member constituency	Christchurch
	tabling member printed	Sir Christopher Chope
	uin	215072
	answer	answer is ministerial correction date of answer 05/02/2019 answer text <p>The details that HM Revenue and Customs (HMRC) collects from taxpayers on their VAT returns are not specific enough to enable the revenue arising from these supplies to be quantified precisely. HMRC does not require detail on particular products and customer types because it would place a considerable administrative burden on businesses.</p><p> </p><p>However, HMRC has estimated (using other data sources) that the cost to the Exchequer of the 5 per cent reduced rate of VAT on domestic fuel and power, compared to charging the standard rate, was £4.7 billion in 2017-18. This estimate is included in HMRC’s publication ‘Estimated costs of principal tax reliefs’ which may be found here:</p><p><a href="https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/774765/Jan19_Principal_Reliefs_Final.pdf" target="_blank">https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/774765/Jan19_Principal_Reliefs_Final.pdf</a></p><p> </p> answering member constituency Central Devon answering member printed Mel Stride question first answered 05/02/2019 16:34:24 answering member 3935 label Biography information for Mel Stride
	tabling member	242 label Biography information for Sir Christopher Chope

1052306

	registered interest
	date	31/01/2019
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Treasury: Employment Tribunals Service
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Chancellor of the Exchequer, how many times HMRC was taken to an employment tribunal for disability discrimination in 2017-18.
	tabling member constituency	Birkenhead
	tabling member printed	Frank Field
	uin	215106
	answer	answer is ministerial correction date of answer 05/02/2019 answer text <p>During the period 2017-18, there were 40 instances of HMRC being taken to an employment tribunal for disability discrimination.</p><p> </p><p>Of these, 15 cases are still ongoing with the outcome of the remaining 25:</p><p> </p><p>Dismissed 3</p><p>Settled 8</p><p>Struck Out 3</p><p>Withdrawn 9</p><p>Won 2</p><p>HMRC has welcomed Laura Whyte’s Respect at Work report and has accepted all its recommendations. We will with immediate effect review our policies, processes and standards to ensure we foster a positive working environment for everyone, and a culture that meets our values.</p><p> </p><p> </p> answering member constituency Central Devon answering member printed Mel Stride question first answered 05/02/2019 16:38:36 answering member 3935 label Biography information for Mel Stride
	tabling member	478 label Biography information for Lord Field of Birkenhead

1052342

	registered interest
	date	31/01/2019
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Gold and Foreign Exchange Reserves
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Chancellor of the Exchequer, how many countries have gold reserves deposited in the Bank of England.
	tabling member constituency	Bootle
	tabling member printed	Peter Dowd
	uin	215206
	answer	answer is ministerial correction date of answer 05/02/2019 answer text <p>In a Quarterly Bulletin article in 2014 Q2, the Bank of England noted that it had 72 overseas customers with gold accounts. That number does not change significantly over time and the Bank of England has 70 countries as gold customers today.</p> answering member constituency Newark answering member printed Robert Jenrick question first answered 05/02/2019 10:40:41 answering member 4320 label Biography information for Robert Jenrick
	tabling member	4397 label Biography information for Peter Dowd

1052344

	registered interest
	date	31/01/2019
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Tax Allowances
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Chancellor of the Exchequer, pursuant to the Answer of 31 January to Question 213405, what the total value of tax reliefs recorded by HMRC was in (a) 2010, (b) 2011, (c) 2012, (d) 2013, (e) 2014, (f) 2015, (g) 2016, (h) 2017 and (i) 2018.
	tabling member constituency	Bootle
	tabling member printed	Peter Dowd
	uin	215207
	answer	answer is ministerial correction date of answer 05/02/2019 answer text <p>HMRC publishes statistics relating to estimates of the cost of tax reliefs annually:</p><p> </p><p>https://www.gov.uk/government/collections/tax-relief-statistics</p><p> </p><p>However it is misleading to simply add up the cost of reliefs’ estimates in this table for various reasons:</p><ol><li><p>Each relief is costed separately, but in many cases simply adding up these individual costs would not give the true combined cost of the reliefs.</p></li><li><p>These figures should be regarded as broad estimates as the loss of revenue from a tax relief cannot be directly observed and so the estimates are often based on simplified assumptions.</p></li><li><p>One table lists reliefs for which there is insufficient data available on which to base any reasonable estimate. In some cases, the costs of reliefs cannot be reliably estimated because there is insufficient available information and the cost of collecting the necessary data or the burden imposed on taxpayers would be disproportionate.</p></li><li><p>The figures do not allow for behavioural changes which could result from changes to the generosity of the reliefs. In practice, if a relief was withdrawn, taxpayer’s behaviour would often alter so the actual yield from withdrawing a relief could be very different from, and often much smaller than the estimate shown.</p></li></ol> answering member constituency Central Devon answering member printed Mel Stride question first answered 05/02/2019 16:28:23 answering member 3935 label Biography information for Mel Stride
	tabling member	4397 label Biography information for Peter Dowd

1050388

	registered interest
	date	29/01/2019
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Santander Group: Closures
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Chancellor of the Exchequer, what assessment he has made of the effect of Santander's proposal to close 140 branches in the UK on people's access to money.
	tabling member constituency	Coatbridge, Chryston and Bellshill
	tabling member printed	Hugh Gaffney
	uin	214048
	answer	answer is ministerial correction date of answer 05/02/2019 answer text <p>The Treasury has not made an assessment. The decision to close a branch is a commercial issue for the management team of the bank. However, Government believes it is important the impact on communities must be understood, considered and mitigated where possible.</p><p> </p><p>The Government supports the industry’s Access to Banking Standard which commits banks to ensure personal and business customers are better informed about branch closures and the reasons for them closing. It also helps customers to understand 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>Government also considers it important that all customers, wherever they live and especially those who are vulnerable, can still access over the counter services. That is why we support the Post Office’s Banking Framework Agreement, which enables 99% of banks’ personal and 95% of banks’ small business customers to withdraw cash, deposit cash and cheques, and make balance enquiries at a Post Office counter via its network of 11,500 branches.</p><p> </p><p>The Government is committed to ensuring that communities across the UK are fully aware of the important services that remain available to them at their local Post Office, even if their bank branch is closed. In response to my predecessor’s request, the Post Office and UK Finance have committed to work together to raise public awareness of the banking services available at the Post Office for individuals and SMEs.</p> answering member constituency Salisbury answering member printed John Glen question first answered 05/02/2019 11:49:26 answering member 4051 label Biography information for John Glen
	tabling member	4614 label Biography information for Hugh Gaffney

1050580

	registered interest
	date	29/01/2019
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Funerals: Pre-payment
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Chancellor of the Exchequer, when his Department plans to publish its response to the consultation entitled Pre-paid funeral plans, launched in June 2018.
	tabling member constituency	Swansea East
	tabling member printed	Carolyn Harris
	uin	214123
	answer	answer is ministerial correction date of answer 05/02/2019 answer text <p>HM Treasury has analysed the submissions to the call for evidence and is currently reviewing the available policy options. The response to the call for evidence will be published in due course.</p> answering member constituency Salisbury answering member printed John Glen question first answered 05/02/2019 11:30:58 answering member 4051 label Biography information for John Glen
	tabling member	4480 label Biography information for Carolyn Harris

1050302

	registered interest
	date	28/01/2019
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Treasury: Trade Associations
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Chancellor of the Exchequer, which regulatory functions imposed by legislation for which his Department has responsibility are currently undertaken by trade associations; and if he will make a statement.
	tabling member constituency	Harrow West
	tabling member printed	Gareth Thomas
	uin	213190
	answer	answer is ministerial correction date of answer 05/02/2019 answer text <p>The Treasury sets the legal framework for the regulation of financial services. The financial services industry is primarily regulated by the Financial Conduct Authority (FCA) and Prudential Regulation Authority (PRA), which are independent regulatory bodies, given statutory powers by the Financial Services and Markets Act (2000). Trade associations, namely bodies that represent businesses within a specific industry, do not carry out legislative regulatory functions for financial services.</p><p> </p> answering member constituency Salisbury answering member printed John Glen question first answered 05/02/2019 11:04:59 answering member 4051 label Biography information for John Glen
	tabling member	177 label Biography information for Gareth Thomas