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758053

registered interest
date	06/09/2017
answering body	HM Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	CaTreasury
hansard heading	Cultural Heritage: Capital Taxes
house id	1
legislature	25259 pref label House of Commons
question text	To ask Mr Chancellor of the Exchequer, how many staff of HM Revenue and Customs are employed in monitoring whether undertakings in respect of public access to heritage assets that have been exempted from inheritance tax and capital gains tax are adhered to.
tabling member constituency	Rhondda
tabling member printed	Chris Bryant
uin	9294
answer	answer is ministerial correction date of answer 11/09/2017 answer text The estimated cost of the inheritance tax exemption for heritage assets can be found at: <a href="https://www.gov.uk/government/statistics/main-tax-expenditures-and-structural-reliefs" target="_blank">https://www.gov.uk/government/statistics/main-tax-expenditures-and-structural-reliefs</a> The cost of the capital gains tax exemption for heritage assets is not available.<p> </p><p>The legislation was introduced to protect national heritage assets. Where there has been a failure to meet the undertakings, HM Revenue and Customs’ (HMRC’s) approach is to work with owners in order to put things right. It has not in the last 10 years been necessary for HMRC to remove an exemption.</p><p> </p><p>The table below sets out the number of exemptions (by claim) granted in each year for the categories listed within the legislation over the last ten years:</p><p> </p><table><tbody><tr><td><p> </p></td><td><p>Pre-eminent objects s.31(1)(a)IHTA and (aa)</p></td><td><p>Land s.31(1)(b)IHTA</p></td><td><p>Buildings &amp; amenity land s.31(1)(c) and (d) IHTA</p></td><td><p>Historically associated objects s.31(1)(e)IHTA</p></td></tr><tr><td><p>2007/08</p></td><td><p>12</p></td><td><p>3</p></td><td><p>0</p></td><td><p>1</p></td></tr><tr><td><p>2008/09</p></td><td><p>9</p></td><td><p>0</p></td><td><p>2</p></td><td><p>1</p></td></tr><tr><td><p>2009/10</p></td><td><p>10</p></td><td><p>1</p></td><td><p>2</p></td><td><p>2</p></td></tr><tr><td><p>2010/11</p></td><td><p>9</p></td><td><p>1</p></td><td><p>2</p></td><td><p>0</p></td></tr><tr><td><p>2011/12</p></td><td><p>7</p></td><td><p>2</p></td><td><p>0</p></td><td><p>1</p></td></tr><tr><td><p>2012/13</p></td><td><p>8</p></td><td><p>2</p></td><td><p>0</p></td><td><p>0</p></td></tr><tr><td><p>2013/14</p></td><td><p>8</p></td><td><p>2</p></td><td><p>2</p></td><td><p>2</p></td></tr><tr><td><p>2014/15</p></td><td><p>6</p></td><td><p>0</p></td><td><p>2</p></td><td><p>2</p></td></tr><tr><td><p>2015/16</p></td><td><p>14</p></td><td><p>2</p></td><td><p>1</p></td><td><p>0</p></td></tr><tr><td><p>2016/17</p></td><td><p>16</p></td><td><p>0</p></td><td><p>2</p></td><td><p>0</p></td></tr></tbody></table><p> </p><p>Sixteen people within HMRC are involved in ensuring undertakings are adhered to.</p> answering member constituency Central Devon answering member printed Mel Stride grouped question UIN 9162 9165 question first answered 11/09/2017 15:57:28 answering member 3935 label Biography information for Mel Stride
tabling member	1446 label Biography information for Sir Chris Bryant

758054

registered interest
date	06/09/2017
answering body	HM Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	CaTreasury
hansard heading	Tobacco: Smuggling
house id	1
legislature	25259 pref label House of Commons
question text	To ask Mr Chancellor of the Exchequer, when the Government plans to ratify the World Health Organisation Framework Convention on Tobacco Control Protocol to Eliminate Illicit Trade in Tobacco Products.
tabling member constituency	Harrow East
tabling member printed	Bob Blackman
uin	9241
answer	answer is ministerial correction date of answer 15/09/2017 answer text <p>A Command Paper setting out the UK’s plans to ratify the World Health Organisation Protocol to Eliminate Illicit Trade in Tobacco Products will be laid before Parliament once legislation to implement the Protocol has been approved by Parliament.</p><p> </p><p>While the UK already has many of the Protocol’s requirements in place, the requirement to license tobacco manufacturing machinery has not yet been implemented. Legislation to accomplish this is currently before Parliament in the Finance Bill.</p> answering member constituency Harrogate and Knaresborough answering member printed Andrew Jones grouped question UIN 9195 question first answered 15/09/2017 11:00:36 answering member 3996 label Biography information for Andrew Jones
tabling member	4005 label Biography information for Bob Blackman

758055

registered interest
date	06/09/2017
answering body	HM Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	CaTreasury
hansard heading	Public Sector: Pay
house id	1
legislature	25259 pref label House of Commons
question text	To ask Mr Chancellor of the Exchequer, pursuant to the Answer of 18 July 2017 to Question 3921, by what process he plans to assess the balance of pay referred to in that Answer for pay awards for public sector workers who are not covered by a pay review body.
tabling member constituency	Nottingham North
tabling member printed	Alex Norris
uin	9206
answer	answer is ministerial correction date of answer 11/09/2017 answer text <p>The annual pay awards for public sector workforces not covered by a pay review body will be determined in the usual way.</p> answering member constituency South West Norfolk answering member printed Elizabeth Truss question first answered 11/09/2017 12:57:17 answering member 4097 label Biography information for Elizabeth Truss
tabling member	4641 label Biography information for Alex Norris

758056

registered interest
date	06/09/2017
answering body	HM Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	CaTreasury
hansard heading	Pay
house id	1
legislature	25259 pref label House of Commons
question text	To ask Mr Chancellor of the Exchequer, pursuant to the Answer of 24 July 2017 to HL1074, whether the estimates for average employer pension contributions used in the table given in that Answer were based on (a) all public sector and private sector employees or (b) public sector and private sector employees who are enrolled in a pension scheme.
tabling member constituency	Nottingham North
tabling member printed	Alex Norris
uin	9207
answer	answer is ministerial correction date of answer 12/09/2017 answer text <p>This analysis was conducted by HM Treasury based on data from the ONS’s Annual Survey of Hours and Earnings. Further information regarding the data on which the calculation is based can be found here <a href="https://www.ons.gov.uk/employmentandlabourmarket/peopleinwork/earningsandworkinghours/methodologies/annualsurveyofhoursandearningsashemethodologyandguidance" target="_blank">https://www.ons.gov.uk/employmentandlabourmarket/peopleinwork/earningsandworkinghours/methodologies/annualsurveyofhoursandearningsashemethodologyandguidance</a></p> answering member constituency South West Norfolk answering member printed Elizabeth Truss question first answered 12/09/2017 13:03:26 answering member 4097 label Biography information for Elizabeth Truss
tabling member	4641 label Biography information for Alex Norris

757297

registered interest
date	05/09/2017
answering body	HM Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	CaTreasury
hansard heading	EP Committee of Inquiry into Money Laundering, Tax Avoidance and Tax Evasion
house id	2
legislature	25277 pref label House of Lords
question text	To ask Her Majesty's Government, further to the Written Answer by Lord Bates on 28 July (HL997), whether they received a request for ministers to meet the European Parliament's Committee of Inquiry into Money Laundering, Tax Avoidance and Tax Evasion; and if so, what was their response.
tabling member printed	Lord Kennedy of Southwark
uin	HL1282
answer	answer is ministerial correction date of answer 18/09/2017 answer text <p>The European Parliament’s Committee of Inquiry into Money Laundering, Tax Avoidance and Tax Evasion requested a meeting with ministers during the Committee’s two-day visit to London during February 2017. Ministers were unavailable on the days requested and the Committee met with senior officials from the UK’s cross-agency Panama Papers Taskforce.</p> answering member printed Lord Bates question first answered 18/09/2017 11:46:24 answering member 1091 label Biography information for Lord Bates
tabling member	4153 label Biography information for Lord Kennedy of Southwark

757316

registered interest
date	05/09/2017
answering body	HM Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	CaTreasury
hansard heading	Credit
house id	2
legislature	25277 pref label House of Lords
question text	To ask Her Majesty's Government what assessment they have made of the finding contained in the Bank of England's Money and Credit June 2017 Statistical Release that there was a 10 per cent rise in outstanding unsecured consumer credit in the year to June.
tabling member printed	Lord Mendelsohn
uin	HL1301
answer	answer is ministerial correction date of answer 18/09/2017 answer text <p>The Treasury monitors the Bank of England’s Money and Credit statistical releases and other statistical publications. The government established an independent <a href="https://en.wikipedia.org/wiki/Financial_Policy_Committee" target="_blank">Financial Policy Committee</a> (FPC) and gave the FPC a primary objective to identify, monitor and take action to remove or reduce systemic risks with a view to protecting and enhancing financial stability. The FPC’s June 2017 Financial Stability Report (FSR), published on 27 June, assesses recent trends in unsecured debt in the consumer credit market. The FSR notes that consumer credit has been growing rapidly, but that loss rates on consumer credit lending are low at present.</p><p> </p> answering member printed Lord Bates question first answered 18/09/2017 11:47:14 answering member 1091 label Biography information for Lord Bates
tabling member	4286 label Biography information for Lord Mendelsohn

757317

registered interest
date	05/09/2017
answering body	HM Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	CaTreasury
hansard heading	Debts
house id	2
legislature	25277 pref label House of Lords
question text	To ask Her Majesty's Government what assessment they have made of the finding contained in the Bank of England's Money and Credit June 2017 Statistical Release that one in six of the 2.2 million people with personal debt are in financial distress; and what action they are taking to reduce consumer debt.
tabling member printed	Lord Mendelsohn
uin	HL1302
answer	answer is ministerial correction date of answer 18/09/2017 answer text <p>The government monitors the Bank of England’s statistical releases, including Money and Credit, and is committed to supporting all those affected by problem debt.</p><p> </p><p>We have a range of measures in place to help achieve that. The Financial Conduct Authority (FCA) regulates the consumer credit market, and has introduced binding rules to strengthen consumer protection. They are based on the principle that money should only be lent to a consumer if they can afford to repay it; lenders must show forbearance if there is evidence of financial difficulty.</p><p> </p><p>The FCA also capped the cost of payday loans. As part of a review of this price cap, the FCA will examine the high-cost credit market more broadly and consider whether further interventions are necessary to address the risk of consumer harm.</p><p> </p><p>The Money Advice Service (MAS), which was set up by the government, coordinates the provision of free-to-client debt advice. In 2016/17, MAS spent just under £49 million on its debt advice work, directing around 90% of this to fund frontline services. This led to more than 440,000 free-to-client debt advice sessions being delivered face-to-face, over the phone and online across the UK.</p><p> </p><p>In the Queen’s Speech, the government announced the Financial Guidance and Claims Bill. This will legislate to restructure the financial guidance landscape and bring debt advice, money guidance, and pensions guidance together in a single body, and give consumers better access to the financial information they need. This Bill is currently going through Parliament.</p><p> </p> answering member printed Lord Bates question first answered 18/09/2017 11:45:11 answering member 1091 label Biography information for Lord Bates
tabling member	4286 label Biography information for Lord Mendelsohn

757318

registered interest
date	05/09/2017
answering body	HM Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	CaTreasury
hansard heading	Business: Loans
house id	2
legislature	25277 pref label House of Lords
question text	To ask Her Majesty's Government what assessment they have made of the findings contained in the Bank of England's Money and Credit June 2017 Statistical Release that there was (1) a £0.2 billion fall in loans to non-financial small and medium enterprises, and (2) an £8.2 billion rise in loans to large business, in the year to June.
tabling member printed	Lord Mendelsohn
uin	HL1303
answer	answer is ministerial correction date of answer 18/09/2017 answer text <p>The Treasury monitors the Bank of England’s Money and Credit statistical releases and other statistical publications.</p><p>The Government is supporting lending to SMEs in a variety of ways, such as through the establishment of the British Business Bank to make finance markets work better for small businesses. The Government is also helping alternative lenders which lend to small businesses, for example through support for challenger banks; introducing a bespoke regime for peer-to-peer lending; and structural interventions such as the bank referral scheme and the SME credit data sharing scheme.</p> answering member printed Lord Bates question first answered 18/09/2017 11:48:06 answering member 1091 label Biography information for Lord Bates
tabling member	4286 label Biography information for Lord Mendelsohn

757353

registered interest
date	05/09/2017
answering body	HM Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	CaTreasury
hansard heading	Football: Taxation
house id	2
legislature	25277 pref label House of Lords
question text	To ask Her Majesty's Government whether HMRC collects any revenue from football club transfer payments.
tabling member printed	Lord Tebbit
uin	HL1338
answer	answer is ministerial correction date of answer 18/09/2017 answer text <p>Football transfer fees are subject to VAT according to the normal rules. Any profits made by football clubs are subject to Corporation Tax in the usual way. Payments made to players as part of their transfer, such as signing-on fees, are taxable as earnings.</p> answering member printed Lord Bates question first answered 18/09/2017 11:45:33 answering member 1091 label Biography information for Lord Bates
tabling member	952 label Biography information for Lord Tebbit

757390

registered interest
date	05/09/2017
answering body	HM Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	CaTreasury
hansard heading	Debts
house id	1
legislature	25259 pref label House of Commons
question text	To ask Mr Chancellor of the Exchequer, if his Department will respond to the recommendations of the Citizens Advice Bureau report, Stuck in Debt, on forcing lenders to scrap unarranged overdraft fees, prohibiting lenders from increasing a credit limit without a customer's permission, offering financial advice and making debt plans legally enforceable.
tabling member constituency	Hornsey and Wood Green
tabling member printed	Catherine West
uin	8519
answer	answer is ministerial correction date of answer 13/09/2017 answer text <p>The Government is committed to tackling the causes of problem debt, and is aware of the Citizens Advice report, although it is not the practice to respond directly to such reports.</p><p> </p><p>The Government has fundamentally reformed regulation of the consumer credit market, transferring regulatory responsibility from the Office of Fair Trading (OFT) to the Financial Conduct Authority (FCA) on 1 April 2014. This more robust regulatory system is delivering the Government’s vision for a well-functioning and sustainable consumer credit market which is able to meet consumers’ needs.</p><p> </p><p>Since the transfer, the FCA has taken a proactive approach on consumer credit, including overdrafts, to ensure that all consumers who use high-cost credit products are treated fairly. As a result of its Credit Card Market Study, the FCA has also taken action to tackle persistent debt in the credit card market. As part of this, the industry has also developed a voluntary agreement to give greater control to customers and to restrict offers of credit limit increases.</p><p> </p><p>The Government also believes that consumers need free at the point of use help with their finances. In the Queen’s Speech, the Government announced the Financial Guidance and Claims Bill. This will legislate to restructure the financial guidance landscape and bring debt advice, money guidance, and pensions guidance together in a single body, and give consumers better access to the financial information they need. This Bill is currently going through Parliament.</p> answering member constituency North East Cambridgeshire answering member printed Stephen Barclay question first answered 13/09/2017 15:00:44 answering member 4095 label Biography information for Steve Barclay
tabling member	4523 label Biography information for Catherine West