Show Search Form

Search Results

registered interest	true false
date	exactly: or between: and
answering body
answering dept id
answering dept short name
answering dept sort name
hansard heading
house id
legislature	pref label
question text
tabling member printed
uin
answer	is ministerial correction true false date of answer exactly: or between: and answer text answering member printed grouped question UIN question first answered answering member label
tabling member	label

Search

1723724

registered interest
date	25/07/2024
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Payment Methods: Digital Technology
house id	2
legislature	25277 pref label House of Lords
question text	To ask His Majesty's Government, following the increasing popularity of the use of digital wallets, what steps they are taking to ensure the (1) security, and (2) privacy, of consumers using digital wallets for contactless payments.
tabling member printed	Lord Taylor of Warwick
uin	HL372
answer	answer is ministerial correction date of answer 01/08/2024 answer text <p>The government recognises the importance of ensuring payment methods, including digital wallets, offer a high level of security and privacy to consumers.</p><p> </p><p>Between them, the independent Payment Systems Regulator and Financial Conduct Authority are responsible for ensuring payments systems and financial markets are working well for consumers.</p><p> </p><p>These regulators have jointly published a Call for Information to better understand the impacts of the increasing popularity of digital wallets on consumers and businesses, including in relation to security and privacy. This Call for Information is open for responses until 13 September.</p> answering member printed Lord Livermore question first answered 01/08/2024 15:15:18 answering member 4559 label Biography information for Lord Livermore
tabling member	1796 label Biography information for Lord Taylor of Warwick

1723345

registered interest
date	24/07/2024
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Workplace Pensions
house id	2
legislature	25277 pref label House of Lords
question text	To ask His Majesty's Government what steps they are taking to ensure that low earners in Net Pay pension schemes do not suffer lower take home pay as a result of their employer’s scheme choice.
tabling member printed	Baroness Altmann
uin	HL290
answer	answer is ministerial correction date of answer 01/08/2024 answer text <p>Legislation introduced in 2023 requires HMRC to make a top-up payment to those individuals contributing to a pension scheme using a net pay arrangement, whose total taxable income is below their personal allowance.</p><p> </p><p>This means that low earning pension savers should receive similar outcomes regardless of whether they are members of a relief at source pension scheme or a net pay pension scheme.</p><p> </p><p>HMRC are developing the IT solution to make these payments, in line with legislation, as soon as practicable in the tax year after the pension contributions were made. The first payments will be made in tax-year 2025-26 in respect of contributions made during 2024-25.</p><p> </p> answering member printed Lord Livermore question first answered 01/08/2024 14:08:12 answering member 4559 label Biography information for Lord Livermore
tabling member	4533 label Biography information for Baroness Altmann

1723346

registered interest
date	24/07/2024
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Investment Trusts
house id	2
legislature	25277 pref label House of Lords
question text	To ask His Majesty's Government what analysis they have carried out of the impact of inaccurate reporting required by the Financial Conduct Authority of listed investment company management expenses and the impact this has had on investors, renewable energy projects, infrastructure, real estate and UK financial markets.
tabling member printed	Baroness Altmann
uin	HL291
answer	answer is ministerial correction date of answer 01/08/2024 answer text <p>The investment company sector plays a key role in the UK’s economy, representing over 30% of the FTSE 250, and investing in illiquid assets – including infrastructure projects and renewables – to support the Government’s growth agenda.</p><p> </p><p>The Government will carefully consider all options regarding cost disclosure to retail investors.</p> answering member printed Lord Livermore question first answered 01/08/2024 15:17:58 answering member 4559 label Biography information for Lord Livermore
tabling member	4533 label Biography information for Baroness Altmann

1723374

registered interest
date	24/07/2024
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Economic Growth
house id	2
legislature	25277 pref label House of Lords
question text	To ask His Majesty's Government what steps they are taking in collaboration with the Office for Budget Responsibility to ensure that economic growth forecasts are (1) realistic, and (2) aligned with the fiscal targets that have been set.
tabling member printed	Lord Taylor of Warwick
uin	HL319
answer	answer is ministerial correction date of answer 01/08/2024 answer text <p>The Office for Budget Responsibility (OBR) produces its forecasts independently from the Government.</p><p> </p><p>The OBR is required by primary legislation to publish an annual assessment of the accuracy of its forecasts. All previous Forecast Evaluation Reports are available on the OBR’s website.</p> answering member printed Lord Livermore question first answered 01/08/2024 15:18:13 answering member 4559 label Biography information for Lord Livermore
tabling member	1796 label Biography information for Lord Taylor of Warwick

1723094

registered interest
date	23/07/2024
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Private Education: VAT
house id	2
legislature	25277 pref label House of Lords
question text	To ask His Majesty's Government whether they will publish an impact assessment, including an equality impact assessment, of their plans to remove the VAT exemption on independent school fees.
tabling member printed	Lord Kempsell
uin	HL260
answer	answer is ministerial correction date of answer 01/08/2024 answer text <p>As set out by the Government in a Written Ministerial Statement on 29 July, the Government will introduce 20% VAT on education and boarding services provided for a charge by private schools across the UK from 1 January 2025. 20% VAT will also apply to pre-payments of fees for terms starting on or after 1 January 2025 made on or after 29 July 2024. These changes will not impact pupils with the most acute special educational needs, where their needs can only be met in private schools.</p><p>The Government will confirm the introduction of these tax changes at the Budget on 30 October. A Tax Information and Impact Note will be published alongside the Finance Bill.</p> answering member printed Lord Livermore question first answered 01/08/2024 15:16:11 answering member 4559 label Biography information for Lord Livermore
tabling member	4988 label Biography information for Lord Kempsell

1722401

registered interest
date	22/07/2024
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Sanctions: Russia
house id	2
legislature	25277 pref label House of Lords
question text	To ask His Majesty's Government why the Office of Financial Sanctions Implementation is allowing payments to representatives of sanctioned Russian Companies and individuals while war in Ukraine continues.
tabling member printed	Lord Rooker
uin	HL232
answer	answer is ministerial correction date of answer 29/07/2024 answer text <p>The Office of Financial Sanctions Implementation (OFSI) in HM Treasury is responsible for financial sanctions implementation and enforcement.</p><p> </p><p>OFSI can only issue specific licences where relevant licensing grounds exist as set out in the legislation. One such licensing ground is professional legal fees and reasonable expenses associated with the provision of legal services. This ground exists because it is important that designated persons can still access legal representation. A ‘reasonableness’ test is applied to each legal fees application which requires applicants to provide sufficient evidence to demonstrate to OFSI that the legal fees and expenses are reasonable.</p><p> </p><p>OFSI releases an Annual Review each year which provides information about the number of licences issued under each regime. However, for confidentiality purposes and in order to comply with UK data protection law, OFSI does not publish details about the parties involved in individual licences granted.</p><p> </p><p>Following Russia’s invasion of Ukraine and an increase in the scale and impact of financial sanctions, OFSI has processed a larger number licence applications than previous years. Many licence applications under the legal services licensing ground involve very complex legal cases, some with very high values, across multiple jurisdictions. The amounts agreed in respect of fees for legal services on behalf of Russian designated persons are not readily available and would involve disproportionate costs to gather at this time.</p><p> </p><p>Even where a licensing ground exists and the reasonableness test is met, OFSI will only issue licences where doing so does not undermine the intent or purpose of the Russia sanctions regime.</p><p> </p> answering member printed Lord Livermore grouped question UIN HL234 HL235 HL237 question first answered 29/07/2024 17:01:26 answering member 4559 label Biography information for Lord Livermore
tabling member	302 label Biography information for Lord Rooker

1722403

registered interest
date	22/07/2024
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Sanctions
house id	2
legislature	25277 pref label House of Lords
question text	To ask His Majesty's Government what was the level of payment allowed by the Office of Financial Sanctions Implementation between 24 February and 31 October 2022 under the ‘access to justice’ arrangements.
tabling member printed	Lord Rooker
uin	HL234
answer	answer is ministerial correction date of answer 29/07/2024 answer text <p>The Office of Financial Sanctions Implementation (OFSI) in HM Treasury is responsible for financial sanctions implementation and enforcement.</p><p> </p><p>OFSI can only issue specific licences where relevant licensing grounds exist as set out in the legislation. One such licensing ground is professional legal fees and reasonable expenses associated with the provision of legal services. This ground exists because it is important that designated persons can still access legal representation. A ‘reasonableness’ test is applied to each legal fees application which requires applicants to provide sufficient evidence to demonstrate to OFSI that the legal fees and expenses are reasonable.</p><p> </p><p>OFSI releases an Annual Review each year which provides information about the number of licences issued under each regime. However, for confidentiality purposes and in order to comply with UK data protection law, OFSI does not publish details about the parties involved in individual licences granted.</p><p> </p><p>Following Russia’s invasion of Ukraine and an increase in the scale and impact of financial sanctions, OFSI has processed a larger number licence applications than previous years. Many licence applications under the legal services licensing ground involve very complex legal cases, some with very high values, across multiple jurisdictions. The amounts agreed in respect of fees for legal services on behalf of Russian designated persons are not readily available and would involve disproportionate costs to gather at this time.</p><p> </p><p>Even where a licensing ground exists and the reasonableness test is met, OFSI will only issue licences where doing so does not undermine the intent or purpose of the Russia sanctions regime.</p><p> </p> answering member printed Lord Livermore grouped question UIN HL232 HL235 HL237 question first answered 29/07/2024 17:01:26 answering member 4559 label Biography information for Lord Livermore
tabling member	302 label Biography information for Lord Rooker

1722404

registered interest
date	22/07/2024
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Sanctions
house id	2
legislature	25277 pref label House of Lords
question text	To ask His Majesty's Government whether they will list the UK-registered companies and partnerships that the Office of Financial Sanction Implementation assessed for legal payments between October 2023 and April 2024.
tabling member printed	Lord Rooker
uin	HL235
answer	answer is ministerial correction date of answer 29/07/2024 answer text <p>The Office of Financial Sanctions Implementation (OFSI) in HM Treasury is responsible for financial sanctions implementation and enforcement.</p><p> </p><p>OFSI can only issue specific licences where relevant licensing grounds exist as set out in the legislation. One such licensing ground is professional legal fees and reasonable expenses associated with the provision of legal services. This ground exists because it is important that designated persons can still access legal representation. A ‘reasonableness’ test is applied to each legal fees application which requires applicants to provide sufficient evidence to demonstrate to OFSI that the legal fees and expenses are reasonable.</p><p> </p><p>OFSI releases an Annual Review each year which provides information about the number of licences issued under each regime. However, for confidentiality purposes and in order to comply with UK data protection law, OFSI does not publish details about the parties involved in individual licences granted.</p><p> </p><p>Following Russia’s invasion of Ukraine and an increase in the scale and impact of financial sanctions, OFSI has processed a larger number licence applications than previous years. Many licence applications under the legal services licensing ground involve very complex legal cases, some with very high values, across multiple jurisdictions. The amounts agreed in respect of fees for legal services on behalf of Russian designated persons are not readily available and would involve disproportionate costs to gather at this time.</p><p> </p><p>Even where a licensing ground exists and the reasonableness test is met, OFSI will only issue licences where doing so does not undermine the intent or purpose of the Russia sanctions regime.</p><p> </p> answering member printed Lord Livermore grouped question UIN HL232 HL234 HL237 question first answered 29/07/2024 17:01:26 answering member 4559 label Biography information for Lord Livermore
tabling member	302 label Biography information for Lord Rooker

1722414

registered interest
date	22/07/2024
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Sanctions: Russia
house id	2
legislature	25277 pref label House of Lords
question text	To ask His Majesty's Government what is the difference between the amounts agreed by the Office of Financial Sanctions Implementation in respect of fees for services and access to justice for UK legal firms on behalf of Russian individuals and companies (1) before the February 2022 invasion of Ukraine, and (2) since the invasion.
tabling member printed	Lord Rooker
uin	HL237
answer	answer is ministerial correction date of answer 29/07/2024 answer text <p>The Office of Financial Sanctions Implementation (OFSI) in HM Treasury is responsible for financial sanctions implementation and enforcement.</p><p> </p><p>OFSI can only issue specific licences where relevant licensing grounds exist as set out in the legislation. One such licensing ground is professional legal fees and reasonable expenses associated with the provision of legal services. This ground exists because it is important that designated persons can still access legal representation. A ‘reasonableness’ test is applied to each legal fees application which requires applicants to provide sufficient evidence to demonstrate to OFSI that the legal fees and expenses are reasonable.</p><p> </p><p>OFSI releases an Annual Review each year which provides information about the number of licences issued under each regime. However, for confidentiality purposes and in order to comply with UK data protection law, OFSI does not publish details about the parties involved in individual licences granted.</p><p> </p><p>Following Russia’s invasion of Ukraine and an increase in the scale and impact of financial sanctions, OFSI has processed a larger number licence applications than previous years. Many licence applications under the legal services licensing ground involve very complex legal cases, some with very high values, across multiple jurisdictions. The amounts agreed in respect of fees for legal services on behalf of Russian designated persons are not readily available and would involve disproportionate costs to gather at this time.</p><p> </p><p>Even where a licensing ground exists and the reasonableness test is met, OFSI will only issue licences where doing so does not undermine the intent or purpose of the Russia sanctions regime.</p><p> </p> answering member printed Lord Livermore grouped question UIN HL232 HL234 HL235 question first answered 29/07/2024 17:01:26 answering member 4559 label Biography information for Lord Livermore
tabling member	302 label Biography information for Lord Rooker

1722325

registered interest
date	19/07/2024
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Landfill Tax: Fraud
house id	2
legislature	25277 pref label House of Lords
question text	To ask His Majesty's Government what steps they intend to take to tackle landfill tax fraud.
tabling member printed	Baroness Bennett of Manor Castle
uin	HL165
answer	answer is ministerial correction date of answer 29/07/2024 answer text <p>The government is committed to considering options to design out incentives to commit tax fraud, including within Landfill Tax, and will provide further updates in due course.</p> answering member printed Lord Livermore question first answered 29/07/2024 16:52:31 answering member 4559 label Biography information for Lord Livermore
tabling member	4719 label Biography information for Baroness Bennett of Manor Castle