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1185770

registered interest
date	17/03/2020
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Bank Services
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, what recent discussions he has had with the Leader of the House on allocating parliamentary time for legislative proposals on dormant assets.
tabling member constituency	Washington and Sunderland West
tabling member printed	Mrs Sharon Hodgson
uin	30698
answer	answer is ministerial correction date of answer 25/03/2020 answer text <p>As you may be aware, the Government recently launched a consultation on expanding the dormant assets scheme beyond bank and building society accounts to include a wider range of financial assets. The Government is committed to this expansion, unlocking substantial sums of unclaimed assets for good causes while maintaining and improving consumer protection.</p><p> </p><p>It is right and proper that the feedback from this consultation shapes any future dormant assets legislation. The Government will engage with the Leader of the House on the introduction of this legislation when appropriate.</p> answering member constituency Salisbury answering member printed John Glen question first answered 25/03/2020 14:33:34 answering member 4051 label Biography information for John Glen
tabling member	1521 label Biography information for Mrs Sharon Hodgson

1185772

registered interest
date	17/03/2020
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Bank Services
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, whether the Government plans to review the purposes for which funds raised under the dormant assets scheme can be committed.
tabling member constituency	Washington and Sunderland West
tabling member printed	Mrs Sharon Hodgson
uin	30699
answer	answer is ministerial correction date of answer 25/03/2020 answer text <p>As you may be aware, the Government recently launched a consultation on expanding the dormant assets scheme beyond bank and building society accounts to include a wider range of financial assets. That consultation set out the way that money from dormant assets is distributed, in line with the Dormant Bank and Building Society Accounts Act 2008.</p><p> </p><p>The Act specifies that funds in England must be used for causes related to youth, financial capability and inclusion, or social investment. The scheme’s focus on creating impact in these three areas was agreed through a public consultation at its inception. It enables the scheme to create a lasting legacy, driving systemic change to address entrenched social issues and protects this impact from being diluted.</p><p> </p><p>The scheme is based on voluntary industry participation and enjoys widespread support from the banks and building societies who continue to contribute to it. The Government currently has no plans to change how the distribution of dormant assets funding functions. This includes the causes to which the funds are directed.</p> answering member constituency Salisbury answering member printed John Glen grouped question UIN 30700 question first answered 25/03/2020 11:53:25 answering member 4051 label Biography information for John Glen
tabling member	1521 label Biography information for Mrs Sharon Hodgson

1185773

registered interest
date	17/03/2020
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Civil Society: Finance
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, if he will create a community wealth fund dedicated to improving outcomes for the most deprived neighbourhoods over the long term into which all new assets listed under the proposed expanded dormant assets scheme must be paid.
tabling member constituency	Washington and Sunderland West
tabling member printed	Mrs Sharon Hodgson
uin	30700
answer	answer is ministerial correction date of answer 25/03/2020 answer text <p>As you may be aware, the Government recently launched a consultation on expanding the dormant assets scheme beyond bank and building society accounts to include a wider range of financial assets. That consultation set out the way that money from dormant assets is distributed, in line with the Dormant Bank and Building Society Accounts Act 2008.</p><p> </p><p>The Act specifies that funds in England must be used for causes related to youth, financial capability and inclusion, or social investment. The scheme’s focus on creating impact in these three areas was agreed through a public consultation at its inception. It enables the scheme to create a lasting legacy, driving systemic change to address entrenched social issues and protects this impact from being diluted.</p><p> </p><p>The scheme is based on voluntary industry participation and enjoys widespread support from the banks and building societies who continue to contribute to it. The Government currently has no plans to change how the distribution of dormant assets funding functions. This includes the causes to which the funds are directed.</p> answering member constituency Salisbury answering member printed John Glen grouped question UIN 30699 question first answered 25/03/2020 11:53:25 answering member 4051 label Biography information for John Glen
tabling member	1521 label Biography information for Mrs Sharon Hodgson

1178907

registered interest
date	21/02/2020
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Incinerators: Taxation
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, if he will introduce a tax on waste incineration.
tabling member constituency	Washington and Sunderland West
tabling member printed	Mrs Sharon Hodgson
uin	18381
answer	answer is ministerial correction date of answer 02/03/2020 answer text <p>At Budget 2018, the Government announced that a tax on the incineration of waste would not be taken forward at that point. All taxes remain under review.</p> answering member constituency Hereford and South Herefordshire answering member printed Jesse Norman question first answered 02/03/2020 15:16:09 answering member 3991 label Biography information for Jesse Norman
tabling member	1521 label Biography information for Mrs Sharon Hodgson

1175049

registered interest
date	31/01/2020
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Soft Drinks: Taxation
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, what the soft drinks industry levy has been spent on since that levy was introduced.
tabling member constituency	Washington and Sunderland West
tabling member printed	Mrs Sharon Hodgson
uin	10739
answer	answer is ministerial correction date of answer 10/02/2020 answer text <p>The 2016 Budget announced funding for a number of programmes linked to the revenue from the Soft Drinks Industry Levy. The funding has been allocated to a number of programmes to support pupil health and wellbeing which include:</p><p>Doubling funding for the primary physical education and Sport Premium to £320 million a year from 2017.</p><p>Providing £100 million in 2018/19 for the Healthy Pupils Capital Fund.</p> answering member constituency Middlesbrough South and East Cleveland answering member printed Mr Simon Clarke question first answered 10/02/2020 15:09:18 answering member 4655 label Biography information for Sir Simon Clarke
tabling member	1521 label Biography information for Mrs Sharon Hodgson