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1524315
star this property registered interest false more like this
star this property date less than 2022-10-19more like thismore than 2022-10-19
star this property answering body
Treasury more like this
star this property answering dept id 14 more like this
unstar this property answering dept short name Treasury remove filter
star this property answering dept sort name Treasury more like this
star this property hansard heading First Time Buyers more like this
star this property house id 1 more like this
star this property legislature
25259
star this property pref label House of Commons more like this
star this property question text To ask the Chancellor of the Exchequer, what assessment he has made of the adequacy of the support available for people saving to buy a house; and if he will reconsider the limits placed on help to buy ISAs. more like this
star this property tabling member constituency Newcastle-under-Lyme more like this
star this property tabling member printed
Aaron Bell more like this
star this property uin 67256 more like this
unstar this property answer
answer
star this property is ministerial correction false remove filter
star this property date of answer less than 2022-10-25more like thismore than 2022-10-25
star this property answer text <p>The Help to Buy: ISA scheme aims to help those who are struggling to save enough to get onto the housing ladder. As first-time buyers tend to buy smaller (and therefore cheaper) first properties, the scheme’s property price cap of £250,000 for properties outside London (£450,000 within London) allows the Government to target support more precisely at the people the scheme is intended to help. Since its launch in 2015, the scheme has supported 497,940 property completions across the UK, with a mean property value of £176,125 compared with an average first-time buyer house price of £231,704.</p><p> </p><p>While the Government keeps all aspects of savings policy under review, Help to Buy: ISA account holders can transfer their funds to a Lifetime ISA without incurring any penalties. The Lifetime ISA allows first-time buyers to benefit from the Government bonus when purchasing properties up to £450,000 anywhere in the UK.</p><p> </p><p>Further information on the Lifetime ISA together with a comprehensive list other forms of home purchase support schemes can be found on the Government’s website below:</p><p> </p><p><a href="https://www.ownyourhome.gov.uk/" target="_blank">https://www.ownyourhome.gov.uk/</a></p>
star this property answering member constituency Arundel and South Downs more like this
star this property answering member printed Andrew Griffith more like this
star this property question first answered
less than 2022-10-25T13:36:45.32Zmore like thismore than 2022-10-25T13:36:45.32Z
star this property answering member
4874
star this property label Biography information for Andrew Griffith more like this
unstar this property tabling member
4837
unstar this property label Biography information for Aaron Bell more like this
1242926
star this property registered interest false more like this
star this property date less than 2020-10-13more like thismore than 2020-10-13
star this property answering body
Treasury more like this
star this property answering dept id 14 more like this
unstar this property answering dept short name Treasury remove filter
star this property answering dept sort name Treasury more like this
star this property hansard heading Beer: Small Businesses more like this
star this property house id 1 more like this
star this property legislature
25259
star this property pref label House of Commons more like this
star this property question text To ask the Chancellor of the Exchequer, what steps his Department is taking to provide additional financial support to small breweries during the covid-19 outbreak. more like this
star this property tabling member constituency Erith and Thamesmead more like this
star this property tabling member printed
Abena Oppong-Asare more like this
star this property uin 102950 more like this
unstar this property answer
answer
star this property is ministerial correction false remove filter
star this property date of answer less than 2020-10-21more like thismore than 2020-10-21
star this property answer text <p>The Government is supporting small breweries through its unprecedented coronavirus economic response. This includes the job support scheme, job retention bonus, VAT deferral and repayment scheme and the bounce back loans scheme.</p><p> </p> more like this
star this property answering member constituency Saffron Walden more like this
star this property answering member printed Kemi Badenoch more like this
star this property question first answered
less than 2020-10-21T14:25:13.877Zmore like thismore than 2020-10-21T14:25:13.877Z
star this property answering member
4597
star this property label Biography information for Kemi Badenoch more like this
unstar this property tabling member
4820
unstar this property label Biography information for Abena Oppong-Asare more like this
1417505
star this property registered interest false more like this
star this property date less than 2022-01-27more like thismore than 2022-01-27
star this property answering body
Treasury more like this
star this property answering dept id 14 more like this
unstar this property answering dept short name Treasury remove filter
star this property answering dept sort name Treasury more like this
star this property hansard heading Lord Agnew of Oulton more like this
star this property house id 1 more like this
star this property legislature
25259
star this property pref label House of Commons more like this
star this property question text To ask the Chancellor of the Exchequer, on what occasions he met with Lord Agnew of Oulton in the last three months; and what the topics of those meetings were. more like this
star this property tabling member constituency Erith and Thamesmead more like this
star this property tabling member printed
Abena Oppong-Asare more like this
star this property uin 113288 more like this
unstar this property answer
answer
star this property is ministerial correction false remove filter
star this property date of answer less than 2022-02-01more like thismore than 2022-02-01
star this property answer text <p>The Chancellor and Ministers in HM Treasury regularly met with Lord Agnew as part of their Ministerial duties.</p> more like this
star this property answering member constituency Faversham and Mid Kent more like this
star this property answering member printed Helen Whately more like this
star this property grouped question UIN 113289 more like this
star this property question first answered
less than 2022-02-01T15:58:53.163Zmore like thismore than 2022-02-01T15:58:53.163Z
star this property answering member
4527
star this property label Biography information for Helen Whately more like this
unstar this property tabling member
4820
unstar this property label Biography information for Abena Oppong-Asare more like this
1417506
star this property registered interest false more like this
star this property date less than 2022-01-27more like thismore than 2022-01-27
star this property answering body
Treasury more like this
star this property answering dept id 14 more like this
unstar this property answering dept short name Treasury remove filter
star this property answering dept sort name Treasury more like this
star this property hansard heading Lord Agnew of Oulton more like this
star this property house id 1 more like this
star this property legislature
25259
star this property pref label House of Commons more like this
star this property question text To ask the Chancellor of the Exchequer, on what occasions (a) the Chief Secretary to the Treasury, (b) the Economic Secretary to the Treasury, (c) the Financial Secretary to the Treasury and (d) the Exchequer Secretary to the Treasury met with Lord Agnew of Oulton in the last three months; and what the topics of those meetings were. more like this
star this property tabling member constituency Erith and Thamesmead more like this
star this property tabling member printed
Abena Oppong-Asare more like this
star this property uin 113289 more like this
unstar this property answer
answer
star this property is ministerial correction false remove filter
star this property date of answer less than 2022-02-01more like thismore than 2022-02-01
star this property answer text <p>The Chancellor and Ministers in HM Treasury regularly met with Lord Agnew as part of their Ministerial duties.</p> more like this
star this property answering member constituency Faversham and Mid Kent more like this
star this property answering member printed Helen Whately more like this
star this property grouped question UIN 113288 more like this
star this property question first answered
less than 2022-02-01T15:58:53.23Zmore like thismore than 2022-02-01T15:58:53.23Z
star this property answering member
4527
star this property label Biography information for Helen Whately more like this
unstar this property tabling member
4820
unstar this property label Biography information for Abena Oppong-Asare more like this
1417507
star this property registered interest false more like this
star this property date less than 2022-01-27more like thismore than 2022-01-27
star this property answering body
Treasury more like this
star this property answering dept id 14 more like this
unstar this property answering dept short name Treasury remove filter
star this property answering dept sort name Treasury more like this
star this property hansard heading Lord Agnew of Oulton more like this
star this property house id 1 more like this
star this property legislature
25259
star this property pref label House of Commons more like this
star this property question text To ask the Chancellor of the Exchequer, whether he received correspondence Lord Agnew of Oulton on fraud in the coronavirus business loan schemes in the last three months. more like this
star this property tabling member constituency Erith and Thamesmead more like this
star this property tabling member printed
Abena Oppong-Asare more like this
star this property uin 113290 more like this
unstar this property answer
answer
star this property is ministerial correction false remove filter
star this property date of answer less than 2022-02-01more like thismore than 2022-02-01
star this property answer text <p>As a former joint HM-Treasury Minister and Cabinet Office, the Chancellor and Lord Agnew of Oulton met regularly to discuss issues, including fraud, as part of Lord Agnew’s remit overseeing the Cabinet Office Counter Fraud Function.</p> more like this
star this property answering member constituency Faversham and Mid Kent more like this
star this property answering member printed Helen Whately more like this
star this property question first answered
less than 2022-02-01T16:02:16.043Zmore like thismore than 2022-02-01T16:02:16.043Z
star this property answering member
4527
star this property label Biography information for Helen Whately more like this
unstar this property tabling member
4820
unstar this property label Biography information for Abena Oppong-Asare more like this
1417508
star this property registered interest false more like this
star this property date less than 2022-01-27more like thismore than 2022-01-27
star this property answering body
Treasury more like this
star this property answering dept id 14 more like this
unstar this property answering dept short name Treasury remove filter
star this property answering dept sort name Treasury more like this
star this property hansard heading Business: Coronavirus more like this
star this property house id 1 more like this
star this property legislature
25259
star this property pref label House of Commons more like this
star this property question text To ask the Chancellor of the Exchequer, if he will publish any strategy he has produced on preventing fraud in the coronavirus business support schemes. more like this
star this property tabling member constituency Erith and Thamesmead more like this
star this property tabling member printed
Abena Oppong-Asare more like this
star this property uin 113291 more like this
unstar this property answer
answer
star this property is ministerial correction false remove filter
star this property date of answer less than 2022-02-01more like thismore than 2022-02-01
star this property answer text <p>The Government has consistently stated that fraud is totally unacceptable, and we are taking action on multiple fronts to recover money lost to error and fraud and, where necessary, taking legal action on those who have sought to exploit the COVID-19 support schemes. It was right to establish the schemes quickly and in a way that they could be accessed easily by the millions who needed support.</p><p> </p><p>Given the unprecedented efforts that the Government has made to protect jobs and livelihoods during this pandemic, it would have been impossible to prevent all related fraud.</p><p> </p><p>In designing the COVID-19 support schemes the Government followed the leading practice of the International Public Sector Fraud Forum on dealing with fraud in an emergency context. The dedicated Government Counter Fraud Function and Centre of Expertise re-prioritised its work to focus on COVID Financial Support schemes. It provided fraud risk assessment support, offered expert counter fraud advice, and created data driven tools to Government departments to help prevent, detect, and recover fraud. The Fraud Function continues to offer post event assurance support to Government departments to find and fight fraud.</p><p> </p><p>Robust measures were put in place to control error and fraud in the key COVID-19 support schemes from their inception. For instance, to minimise the risk of fraud and error and unverified claims, the Coronavirus Job Retention Scheme and Self-Employment Income Support Scheme were designed in a way to prevent ineligible claims being made up front and made payments for employees and businesses using existing data held on HMRC’s systems. That included cut-off dates around scheme eligibility and the need for customers to be registered for pay-as-you-earn online or self-assessment.</p><p> </p><p>To further bolster anti-fraud measures on HMRC-delivered COVID-19 support schemes, the Government invested more than £100 million in a Taxpayer Protection Taskforce of more than 1,200 HMRC staff to combat COVID-19-related fraud, which was announced at Spring Budget 2021. This Taskforce is expected to recover between £800 million and £1 billion from fraudulent or incorrect payments during the years 2021-22 and 2022-23. In addition, HMRC has so far stopped or recovered £743 million of overclaimed grants in the year 2020-21.</p><p> </p><p>For local authority administered business grants, local authorities are responsible for ensuring the safe administration of grants and that appropriate measures are put in place to mitigate the increased risks of fraud and payment error. Guidance for the grant schemes requires that local authorities have assurance plans in place which set out the steps they would take to minimise fraud. The Government has mandated pre-payment checks (company and bank account searches) as well as post-event assurance, and a Fraud Risk Assessment, as standard elements of this plan.</p><p> </p><p>Where grants have been paid in error, non-compliantly or to a fraudster, local authorities must seek to recover these funds and return them to the Department for Business, Energy and Industrial Strategy (BEIS). If local authorities have been unable to reclaim the grant, the case may be referred to BEIS under the Debt Recovery Policy to establish the next steps. Local Authorities are required to demonstrate that they have taken all reasonable and practicable steps to reclaim incorrectly paid grant funds.</p><p> </p><p>In respect of the Bounce Back Loan Scheme, the Government continues to work closely with the British Business Bank, lenders, and enforcement agencies to tackle fraud and to recover as many fraudulent loans as possible. This is on top of the £2.2 billion worth of fraudulent applications that were prevented by upfront checks.</p><p> </p><p>In addition, as part of the Spring Budget 2021, the Government announced plans to significantly strengthen enforcement activity against fraudulent Bounce Back Loans, including new powers for the Insolvency Service to tackle rogue directors, and investing in the National Investigation Service to investigate serious fraud.</p>
star this property answering member constituency South East Cambridgeshire more like this
star this property answering member printed Lucy Frazer more like this
star this property grouped question UIN 113292 more like this
star this property question first answered
less than 2022-02-01T15:42:29.76Zmore like thismore than 2022-02-01T15:42:29.76Z
star this property answering member
4517
star this property label Biography information for Lucy Frazer more like this
unstar this property tabling member
4820
unstar this property label Biography information for Abena Oppong-Asare more like this
1417510
star this property registered interest false more like this
star this property date less than 2022-01-27more like thismore than 2022-01-27
star this property answering body
Treasury more like this
star this property answering dept id 14 more like this
unstar this property answering dept short name Treasury remove filter
star this property answering dept sort name Treasury more like this
star this property hansard heading Business: Coronavirus more like this
star this property house id 1 more like this
star this property legislature
25259
star this property pref label House of Commons more like this
star this property question text To ask the Chancellor of the Exchequer, what strategy his Department has put in place for recovering fraudulent loans or grants made as part of the covid-19 business support schemes; and if he will publish that strategy. more like this
star this property tabling member constituency Erith and Thamesmead more like this
star this property tabling member printed
Abena Oppong-Asare more like this
star this property uin 113292 more like this
unstar this property answer
answer
star this property is ministerial correction false remove filter
star this property date of answer less than 2022-02-01more like thismore than 2022-02-01
star this property answer text <p>The Government has consistently stated that fraud is totally unacceptable, and we are taking action on multiple fronts to recover money lost to error and fraud and, where necessary, taking legal action on those who have sought to exploit the COVID-19 support schemes. It was right to establish the schemes quickly and in a way that they could be accessed easily by the millions who needed support.</p><p> </p><p>Given the unprecedented efforts that the Government has made to protect jobs and livelihoods during this pandemic, it would have been impossible to prevent all related fraud.</p><p> </p><p>In designing the COVID-19 support schemes the Government followed the leading practice of the International Public Sector Fraud Forum on dealing with fraud in an emergency context. The dedicated Government Counter Fraud Function and Centre of Expertise re-prioritised its work to focus on COVID Financial Support schemes. It provided fraud risk assessment support, offered expert counter fraud advice, and created data driven tools to Government departments to help prevent, detect, and recover fraud. The Fraud Function continues to offer post event assurance support to Government departments to find and fight fraud.</p><p> </p><p>Robust measures were put in place to control error and fraud in the key COVID-19 support schemes from their inception. For instance, to minimise the risk of fraud and error and unverified claims, the Coronavirus Job Retention Scheme and Self-Employment Income Support Scheme were designed in a way to prevent ineligible claims being made up front and made payments for employees and businesses using existing data held on HMRC’s systems. That included cut-off dates around scheme eligibility and the need for customers to be registered for pay-as-you-earn online or self-assessment.</p><p> </p><p>To further bolster anti-fraud measures on HMRC-delivered COVID-19 support schemes, the Government invested more than £100 million in a Taxpayer Protection Taskforce of more than 1,200 HMRC staff to combat COVID-19-related fraud, which was announced at Spring Budget 2021. This Taskforce is expected to recover between £800 million and £1 billion from fraudulent or incorrect payments during the years 2021-22 and 2022-23. In addition, HMRC has so far stopped or recovered £743 million of overclaimed grants in the year 2020-21.</p><p> </p><p>For local authority administered business grants, local authorities are responsible for ensuring the safe administration of grants and that appropriate measures are put in place to mitigate the increased risks of fraud and payment error. Guidance for the grant schemes requires that local authorities have assurance plans in place which set out the steps they would take to minimise fraud. The Government has mandated pre-payment checks (company and bank account searches) as well as post-event assurance, and a Fraud Risk Assessment, as standard elements of this plan.</p><p> </p><p>Where grants have been paid in error, non-compliantly or to a fraudster, local authorities must seek to recover these funds and return them to the Department for Business, Energy and Industrial Strategy (BEIS). If local authorities have been unable to reclaim the grant, the case may be referred to BEIS under the Debt Recovery Policy to establish the next steps. Local Authorities are required to demonstrate that they have taken all reasonable and practicable steps to reclaim incorrectly paid grant funds.</p><p> </p><p>In respect of the Bounce Back Loan Scheme, the Government continues to work closely with the British Business Bank, lenders, and enforcement agencies to tackle fraud and to recover as many fraudulent loans as possible. This is on top of the £2.2 billion worth of fraudulent applications that were prevented by upfront checks.</p><p> </p><p>In addition, as part of the Spring Budget 2021, the Government announced plans to significantly strengthen enforcement activity against fraudulent Bounce Back Loans, including new powers for the Insolvency Service to tackle rogue directors, and investing in the National Investigation Service to investigate serious fraud.</p>
star this property answering member constituency South East Cambridgeshire more like this
star this property answering member printed Lucy Frazer more like this
star this property grouped question UIN 113291 more like this
star this property question first answered
less than 2022-02-01T15:42:29.823Zmore like thismore than 2022-02-01T15:42:29.823Z
star this property answering member
4517
star this property label Biography information for Lucy Frazer more like this
unstar this property tabling member
4820
unstar this property label Biography information for Abena Oppong-Asare more like this
1250375
star this property registered interest false more like this
star this property date less than 2020-11-10more like thismore than 2020-11-10
star this property answering body
Treasury more like this
star this property answering dept id 14 more like this
unstar this property answering dept short name Treasury remove filter
star this property answering dept sort name Treasury more like this
star this property hansard heading State Retirement Pensions: Uprating more like this
star this property house id 1 more like this
star this property legislature
25259
star this property pref label House of Commons more like this
star this property question text To ask the Chancellor of the Exchequer, what discussions he has had with the Secretary of State for Work and Pensions on maintaining the triple lock on the state pension. more like this
star this property tabling member constituency Erith and Thamesmead more like this
star this property tabling member printed
Abena Oppong-Asare more like this
star this property uin 113672 more like this
unstar this property answer
answer
star this property is ministerial correction false remove filter
star this property date of answer less than 2020-11-18more like thismore than 2020-11-18
star this property answer text <p>The Chancellor of the Exchequer has regular discussions with the Secretary of State on a range of issues. In response to the unprecedented economic circumstances arising from the Covid 19 pandemic, the Government has taken action by introducing a Bill in Parliament to ensure we can increase State Pension and Pension Credit rates next year. Without this legislation, it would not have been possible to increase the State Pension in 2021/22.</p><p>As with all aspects of Government policy, any decisions on future changes to the Triple Lock will be taken as part of the annual Budget process in the context of the wider public finances.</p> more like this
star this property answering member constituency North East Cambridgeshire more like this
star this property answering member printed Steve Barclay more like this
star this property question first answered
less than 2020-11-18T14:06:14.21Zmore like thismore than 2020-11-18T14:06:14.21Z
star this property answering member
4095
star this property label Biography information for Steve Barclay more like this
unstar this property tabling member
4820
unstar this property label Biography information for Abena Oppong-Asare more like this
1417738
star this property registered interest false more like this
star this property date less than 2022-01-28more like thismore than 2022-01-28
star this property answering body
Treasury more like this
star this property answering dept id 14 more like this
unstar this property answering dept short name Treasury remove filter
star this property answering dept sort name Treasury more like this
star this property hansard heading Business: Coronavirus more like this
star this property house id 1 more like this
star this property legislature
25259
star this property pref label House of Commons more like this
star this property question text To ask the Chancellor of the Exchequer, how many officials in his Department worked on preventing fraud in the coronavirus business support schemes in each month since April 2020. more like this
star this property tabling member constituency Erith and Thamesmead more like this
star this property tabling member printed
Abena Oppong-Asare more like this
star this property uin 113840 more like this
unstar this property answer
answer
star this property is ministerial correction false remove filter
star this property date of answer less than 2022-02-02more like thismore than 2022-02-02
star this property answer text <p>HM Treasury takes a flexible and dynamic approach to resourcing to meet Government priorities. We have officials delivering priority work, including on preventing fraud in the COVID-19 business support schemes. However, we do not routinely record the number of civil servants working on individual policy initiatives.</p> more like this
star this property answering member constituency Salisbury more like this
star this property answering member printed John Glen more like this
star this property question first answered
less than 2022-02-02T12:17:58.99Zmore like thismore than 2022-02-02T12:17:58.99Z
star this property answering member
4051
star this property label Biography information for John Glen more like this
unstar this property tabling member
4820
unstar this property label Biography information for Abena Oppong-Asare more like this
1418790
star this property registered interest false more like this
star this property date less than 2022-02-01more like thismore than 2022-02-01
star this property answering body
Treasury more like this
star this property answering dept id 14 more like this
unstar this property answering dept short name Treasury remove filter
star this property answering dept sort name Treasury more like this
star this property hansard heading Business: Coronavirus more like this
star this property house id 1 more like this
star this property legislature
25259
star this property pref label House of Commons more like this
star this property question text To ask the Chancellor of the Exchequer, what discussions and correspondence his Department has had with the National Crime Agency on fraud in the coronavirus business support schemes in the last three months. more like this
star this property tabling member constituency Erith and Thamesmead more like this
star this property tabling member printed
Abena Oppong-Asare more like this
star this property uin 116080 more like this
unstar this property answer
answer
star this property is ministerial correction false remove filter
star this property date of answer less than 2022-02-04more like thismore than 2022-02-04
star this property answer text <p>HMT officials regularly engage with the National Crime Agency to discuss shared policy interests, such as the response to fraud. This includes through the Economic Crime Strategic Board, through which the government, regulators, law enforcement, and industry discuss and drive forward the UK’s overall response to economic crime. The NCA and the Treasury are also members of a monthly cross-government Counter-Fraud Board on Bounce Back Loans.</p><p> </p><p>The government also continues to work actively with the British Business Bank, lenders, and fraud authorities to recover loans obtained fraudulently. This work has been supported by the Cabinet Office Counter Fraud Function to better identify the level and types of fraud against the scheme.</p><p>We are working with enforcement bodies including the National Investigation Service to investigate the most serious cases of fraud and we have always been clear that anyone who defrauds the scheme is at risk of prosecution. The National Investigation Service have recovered £3.1 million so far.</p><p> </p><p>The NCA is an operationally independent agency and has not been prevented from investigating frauds against the Bounce Back Loans scheme or any other Covid-19 support scheme.</p>
star this property answering member constituency Salisbury more like this
star this property answering member printed John Glen more like this
star this property question first answered
less than 2022-02-04T14:51:25.337Zmore like thismore than 2022-02-04T14:51:25.337Z
star this property answering member
4051
star this property label Biography information for John Glen more like this
unstar this property tabling member
4820
unstar this property label Biography information for Abena Oppong-Asare more like this