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850981
registered interest false more like this
date less than 2018-02-27more like thismore than 2018-02-27
answering body
HM Treasury more like this
answering dept id 14 more like this
answering dept short name Treasury remove filter
answering dept sort name CaTreasury remove filter
hansard heading Credit Unions more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask Mr Chancellor of the Exchequer, if he will make an assessment of the effectiveness of credit union legislation; and if he will make a statement. more like this
tabling member constituency Harrow West more like this
tabling member printed
Gareth Thomas remove filter
uin 130182 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2018-03-05more like thismore than 2018-03-05
answer text <p>Government engages closely with representatives of the credit union sector to understand how credit unions may best be supported, including ongoing consideration of their legislative framework.</p><p> </p><p>For example, in 2014 Government conducted a Call for Evidence (‘British Credit Unions at 50’) on credit unions. Several respondents asked for changes to the legislation governing credit unions, and in its response, Government committed to actively consider legislative changes in the next Parliament. At Autumn Budget 2017, Government committed to raising the geographical common bond limit for credit unions from 2 to 3 million. This change will come into effect from April 2018.</p><p> </p><p>All changes to credit union legislation must be considered alongside the need to maintain an appropriate regulatory regime for credit unions. A looser legislative framework would likely require increased regulation which might be inappropriate for small, community based institutions.</p> more like this
answering member constituency Salisbury more like this
answering member printed John Glen more like this
question first answered
less than 2018-03-05T15:52:32.553Zmore like thismore than 2018-03-05T15:52:32.553Z
answering member
4051
label Biography information for John Glen more like this
tabling member
177
label Biography information for Gareth Thomas more like this
830032
registered interest false more like this
date less than 2018-01-24more like thismore than 2018-01-24
answering body
HM Treasury more like this
answering dept id 14 more like this
answering dept short name Treasury remove filter
answering dept sort name CaTreasury remove filter
hansard heading Cooperatives and Mutual Societies: Capital Investment more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask Mr Chancellor of the Exchequer, what steps he is taking to help co-operatives and mutuals obtain access to capital for expansion and referencing; and if he will make a statement. more like this
tabling member constituency Harrow West more like this
tabling member printed
Gareth Thomas remove filter
uin 124746 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2018-01-29more like thismore than 2018-01-29
answer text <p>The Government recognises the importance of long-term investment capital for all businesses, including co-operatives and other mutuals, in helping them to maximise their potential.</p><p> </p><p>The Government therefore supports measures that help co-operatives and other mutuals attract more long-term investment, helping them boost their capital base. It welcomes the role played by some private sector companies in providing this.</p><p> </p><p>More broadly, the Government remains committed to supporting small businesses’ access to the finance they need to grow and expand. We have established the British Business Bank to make finance markets work better for small businesses, and introduced the Bank Referral Scheme and the SME credit data sharing scheme.</p><p> </p> more like this
answering member constituency Salisbury more like this
answering member printed John Glen more like this
question first answered
less than 2018-01-29T16:10:39.317Zmore like thismore than 2018-01-29T16:10:39.317Z
answering member
4051
label Biography information for John Glen more like this
tabling member
177
label Biography information for Gareth Thomas more like this
830035
registered interest false more like this
date less than 2018-01-24more like thismore than 2018-01-24
answering body
HM Treasury more like this
answering dept id 14 more like this
answering dept short name Treasury remove filter
answering dept sort name CaTreasury remove filter
hansard heading Employee Ownership more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask Mr Chancellor of the Exchequer, what further incentives he will offer to encourage employee ownership of companies; and if he will make a statement. more like this
tabling member constituency Harrow West more like this
tabling member printed
Gareth Thomas remove filter
uin 124748 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2018-01-29more like thismore than 2018-01-29
answer text The government offers four tax advantaged employee share schemes: Enterprise Management Incentives, Company Share Option Plan, Save As You Earn and Share Incentive Plan. These enable employers and their employees to mutually benefit from generous Income Tax, National Insurance, and Capital Gains Tax reliefs when they participate. The government announced at Budget 2017 that employees on the Save As You Earn scheme who take maternity or parental leave will be able to pause their contributions for up to 12 months, from 6 months previously. There are no other changes currently planned, but the government keeps all areas of the tax system under review. more like this
answering member constituency Central Devon more like this
answering member printed Mel Stride more like this
question first answered
less than 2018-01-29T14:58:12.86Zmore like thismore than 2018-01-29T14:58:12.86Z
answering member
3935
label Biography information for Mel Stride more like this
tabling member
177
label Biography information for Gareth Thomas more like this
830045
registered interest false more like this
date less than 2018-01-24more like thismore than 2018-01-24
answering body
HM Treasury more like this
answering dept id 14 more like this
answering dept short name Treasury remove filter
answering dept sort name CaTreasury remove filter
hansard heading Treasury: Credit Unions more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask Mr Chancellor of the Exchequer, if he will offer payroll deduction services for credit union membership to all employees of (a) HMRC and (b) hs Department; and if he will make a statement. more like this
tabling member constituency Harrow West more like this
tabling member printed
Gareth Thomas remove filter
uin 124754 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2018-01-29more like thismore than 2018-01-29
answer text There are no current plans to introduce credit unions in either HMRC or HM Treasury. Both departments are currently reviewing their Wellbeing and Financial strategies, which will include exploring the feasibility and appropriateness of offering credit unions to their staff. more like this
answering member constituency Central Devon more like this
answering member printed Mel Stride more like this
question first answered
less than 2018-01-29T14:56:19.78Zmore like thismore than 2018-01-29T14:56:19.78Z
answering member
3935
label Biography information for Mel Stride more like this
tabling member
177
label Biography information for Gareth Thomas more like this
804405
registered interest false more like this
date less than 2017-12-11more like thismore than 2017-12-11
answering body
HM Treasury more like this
answering dept id 14 more like this
answering dept short name Treasury remove filter
answering dept sort name CaTreasury remove filter
hansard heading Community Development Finance Institutions more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask Mr Chancellor of the Exchequer, what steps he is taking to encourage the growth of community development finance initiatives; and if he will make a statement. more like this
tabling member constituency Harrow West more like this
tabling member printed
Gareth Thomas remove filter
uin 118515 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2017-12-14more like thismore than 2017-12-14
answer text <p>The government provides support for Community Development Finance Institutions (CDFIs) through Community Investment Tax Relief (CITR). CITR encourages investment in disadvantaged communities by giving tax relief to investors who back businesses and other enterprises in less advantaged areas by investing in accredited CDFIs. The tax relief is available to individuals and companies and is worth up to 25% of the value of the investment in the CDFI.</p> more like this
answering member constituency Central Devon more like this
answering member printed Mel Stride more like this
question first answered
less than 2017-12-14T14:53:02.037Zmore like thismore than 2017-12-14T14:53:02.037Z
answering member
3935
label Biography information for Mel Stride more like this
tabling member
177
label Biography information for Gareth Thomas more like this
798690
registered interest false more like this
date less than 2017-12-01more like thismore than 2017-12-01
answering body
HM Treasury more like this
answering dept id 14 more like this
answering dept short name Treasury remove filter
answering dept sort name CaTreasury remove filter
hansard heading Credit Unions more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask Mr Chancellor of the Exchequer, what plans he has to support access to credit unions; and if he will make a statement. more like this
tabling member constituency Harrow West more like this
tabling member printed
Gareth Thomas remove filter
uin 117084 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2017-12-06more like thismore than 2017-12-06
answer text <p>The government is committed to supporting access to credit unions, which provide vital services to financially underserved communities and contribute to the diversity of the UK’s financial services sector. The government has done this by:</p><p> </p><ul><li><p>Announcing at Autumn Budget 2017, that where a credit union’s membership conditions are based on locality, a credit union will be able to increase the number of potential members it can have from 2 to 3 million.</p></li><li><p>Contributing £600,000 to an initiative developed by the Archbishop of Canterbury and Young Enterprise, to start savings clubs in primary schools and educate young children in the benefits of saving. Lifesavers works with local credit unions to help run savings clubs in schools.</p></li><li><p>Contracting the Association of British Credit Unions Limited to deliver the Credit Union Expansion Project, which aims to modernise and grow credit unions in a sustainable way, enabling them to offer additional financial services to their members.</p></li><li><p>Announcing at Autumn Statement 2016 that, from 2018, a scheme which incentivises credit union membership in communities at risk of being targeted by loan sharks, will be expanded. This uses funds recovered under the Proceeds of Crime Act from convicted loan sharks.</p></li></ul>
answering member constituency North East Cambridgeshire more like this
answering member printed Stephen Barclay more like this
question first answered
less than 2017-12-06T17:08:21.533Zmore like thismore than 2017-12-06T17:08:21.533Z
answering member
4095
label Biography information for Steve Barclay more like this
tabling member
177
label Biography information for Gareth Thomas more like this
756727
registered interest false more like this
date less than 2017-09-04more like thismore than 2017-09-04
answering body
HM Treasury more like this
answering dept id 14 more like this
answering dept short name Treasury remove filter
answering dept sort name CaTreasury remove filter
hansard heading Revenue and Customs more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask Mr Chancellor of the Exchequer, if he will publish a position paper on the future of HM Revenue and Customs after the UK leaves the EU and its role in investigating tax avoidance by multinational corporations; and if he will make a statement. more like this
tabling member constituency Harrow West more like this
tabling member printed
Gareth Thomas remove filter
uin 7874 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2017-09-07more like thismore than 2017-09-07
answer text <p>The UK has been at the forefront of the Organisation for Economic Cooperation and Development (OECD) Base Erosion and Profit Shifting (BEPS) Project.</p><p> </p><p>The Government has taken the lead in implementing the project’s recommendations in domestic legislation including a restriction on tax relief for corporate interest expense and rules to prevent multinationals exploiting mismatches between countries’ tax regimes.</p><p> </p><p>Leaving the EU will not impact the Government’s commitment to ensure that the UK has a fair and competitive tax system, where taxes are paid. As the UK’s tax authority, HMRC will continue to engage on these issues after the UK leaves the EU.</p> more like this
answering member constituency Central Devon more like this
answering member printed Mel Stride more like this
question first answered
less than 2017-09-07T14:15:37.92Zmore like thismore than 2017-09-07T14:15:37.92Z
answering member
3935
label Biography information for Mel Stride more like this
tabling member
177
label Biography information for Gareth Thomas more like this
756728
registered interest false more like this
date less than 2017-09-04more like thismore than 2017-09-04
answering body
HM Treasury more like this
answering dept id 14 more like this
answering dept short name Treasury remove filter
answering dept sort name CaTreasury remove filter
hansard heading Bank of England: Pay more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask Mr Chancellor of the Exchequer, what the salary is of the (a) highest and (b) lowest-paid employee of the Bank of England; and if he will make a statement. more like this
tabling member constituency Harrow West more like this
tabling member printed
Gareth Thomas remove filter
uin 7841 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2017-09-12more like thismore than 2017-09-12
answer text <p>The salary of the highest paid employee of the Bank of England is £480,000 per annum, this figure can be found in the Bank of England’s Annual Report and Accounts. The lowest salary in the Bank of England’s salary ranges is £18,000 per annum, this figure can be found in the Bank of England’s Salary Scales publication.</p> more like this
answering member constituency North East Cambridgeshire more like this
answering member printed Stephen Barclay more like this
question first answered
less than 2017-09-12T13:19:03.297Zmore like thismore than 2017-09-12T13:19:03.297Z
answering member
4095
label Biography information for Steve Barclay more like this
tabling member
177
label Biography information for Gareth Thomas more like this
731965
registered interest false more like this
date less than 2017-06-22more like thismore than 2017-06-22
answering body
HM Treasury more like this
answering dept id 14 more like this
answering dept short name Treasury remove filter
answering dept sort name CaTreasury remove filter
hansard heading Banks: Pay more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask Mr Chancellor of the Exchequer, whether he plans to provide guidance on limiting the number of UK registered bankers earning over one million euros; and if he will make a statement. more like this
tabling member constituency Harrow West more like this
tabling member printed
Gareth Thomas remove filter
uin 580 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2017-06-30more like thismore than 2017-06-30
answer text <p>The Government has no plans to issue guidance on limiting the number of UK registered bankers earning over one million euros.</p><p> </p><p>The UK is at the forefront of global efforts to tackle unacceptable pay practices in the banking sector and has the toughest regime on pay of any major financial centre.</p><p> </p> more like this
answering member constituency North East Cambridgeshire more like this
answering member printed Stephen Barclay more like this
question first answered
less than 2017-06-30T11:31:32.527Zmore like thismore than 2017-06-30T11:31:32.527Z
answering member
4095
label Biography information for Steve Barclay more like this
tabling member
177
label Biography information for Gareth Thomas more like this
686962
registered interest false more like this
date less than 2017-02-08more like thismore than 2017-02-08
answering body
HM Treasury more like this
answering dept id 14 more like this
answering dept short name Treasury remove filter
answering dept sort name CaTreasury remove filter
hansard heading Social Services: Surrey more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask Mr Chancellor of the Exchequer, if he will publish the details of any memorandum of understanding between his Department and Surrey County Council in relation to funding for social care; and if he will make a statement. more like this
tabling member constituency Harrow West more like this
tabling member printed
Gareth Thomas remove filter
uin 63775 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2017-02-20more like thismore than 2017-02-20
answer text <p>The Secretary of State for Communities and Local Government published a written ministerial statement on this matter on 9 February 2017.</p><p> </p> more like this
answering member constituency South West Hertfordshire more like this
answering member printed Mr David Gauke more like this
question first answered
less than 2017-02-20T12:30:51.86Zmore like thismore than 2017-02-20T12:30:51.86Z
answering member
1529
label Biography information for Mr David Gauke more like this
tabling member
177
label Biography information for Gareth Thomas more like this