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 constituency
tabling member printed
uin
answer	is ministerial correction true false date of answer exactly: or between: and answer text answering member constituency answering member printed grouped question UIN question first answered answering member label
tabling member	label

Search

1713414

registered interest
date	24/04/2024
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Sharing Economy: Taxation
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, if he will make an assessment of the potential impact of the model rules for reporting by platform operators with respect to sellers in the sharing and gig economy on (a) costs to HMRC and (b) tax revenues.
tabling member constituency	West Worcestershire
tabling member printed	Dame Harriett Baldwin
uin	23475
answer	answer is ministerial correction date of answer 30/04/2024 answer text <p>(a)</p><p>Please see: <a href="https://www.gov.uk/government/publications/reporting-rules-for-digital-platforms/reporting-rules-for-digital-platforms" target="_blank">https://www.gov.uk/government/publications/reporting-rules-for-digital-platforms/reporting-rules-for-digital-platforms</a></p><p> </p><p>(b)</p><p>Please see:</p><p><a href="https://www.gov.uk/government/publications/autumn-statement-2023/autumn-statement-2023-html#policy-decisions" target="_blank">https://www.gov.uk/government/publications/autumn-statement-2023/autumn-statement-2023-html#policy-decisions</a></p> answering member constituency Mid Worcestershire answering member printed Nigel Huddleston question first answered 30/04/2024 11:27:16 answering member 4407 label Biography information for Nigel Huddleston
tabling member	4107 label Biography information for Dame Harriett Baldwin

1713415

registered interest
date	24/04/2024
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Sharing Economy: Taxation
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, whether he has received recent projections from the Office for Budget Responsibility on the potential impact of the model rules for reporting by platform operators with respect to sellers in the sharing and gig economy on (a) costs to HMRC and (b) tax revenues.
tabling member constituency	West Worcestershire
tabling member printed	Dame Harriett Baldwin
uin	23476
answer	answer is ministerial correction date of answer 30/04/2024 answer text <p>(a)</p><p>Please see:</p><p><a href="https://obr.uk/download/policy-measures-database-6/?tmstv=1714126499" target="_blank">https://obr.uk/download/policy-measures-database-6/?tmstv=1714126499</a></p><p> </p><p> </p><p>(b)</p><p>Please see:</p><p><a href="https://www.gov.uk/government/publications/autumn-statement-2023/autumn-statement-2023-html#policy-decisions" target="_blank">https://www.gov.uk/government/publications/autumn-statement-2023/autumn-statement-2023-html#policy-decisions</a></p> answering member constituency Mid Worcestershire answering member printed Nigel Huddleston question first answered 30/04/2024 11:29:51 answering member 4407 label Biography information for Nigel Huddleston
tabling member	4107 label Biography information for Dame Harriett Baldwin

1685811

registered interest
date	30/01/2024
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Financial Services: Advisory Services
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, with reference to the oral contribution of the Economic Secretary during the debate on Financial Advice and Guidance: Consumer Market of 9 January 2024, Official Report, column 32WH, when he plans to provide the hon. Member for West Worcestershire with information on whether a specific vote on primary or secondary legislation is required to deal with the proposals in the joint Government and FCA review of the regulatory boundary between financial advice and guidance.
tabling member constituency	West Worcestershire
tabling member printed	Harriett Baldwin
uin	12003
answer	answer is ministerial correction date of answer 02/02/2024 answer text <p>The government and Financial Conduct Authority (FCA) are exploring a range of regulatory and legislative options for implementation and there are elements of the package that could require amendment to the Financial Services and Markets Act 2000 (Regulated Activities) Order 2001 through secondary legislation. We will consider whether any wider changes to the existing regulatory and legislative regime would be required to deliver the proposals successfully within a coherent broader framework.</p> answering member constituency Hitchin and Harpenden answering member printed Bim Afolami question first answered 02/02/2024 13:59:50 answering member 4639 label Biography information for Bim Afolami
tabling member	4107 label Biography information for Dame Harriett Baldwin

1681928

registered interest
date	15/01/2024
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Revenue and Customs: Fujitsu
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, which computer systems used by His Majesty's Revenue and Customs have been supplied by Fujitsu since 2000.
tabling member constituency	West Worcestershire
tabling member printed	Harriett Baldwin
uin	9513
answer	answer is ministerial correction date of answer 23/01/2024 answer text <p>I understand that the honourable member has written in similar terms to Jim Harra (Permanent Secretary at HMRC) in her capacity as Chair of the Treasury Select Committee and that Jim Harra will be responding in due course.</p><p> </p><p> </p> answering member constituency Mid Worcestershire answering member printed Nigel Huddleston question first answered 23/01/2024 16:53:29 answering member 4407 label Biography information for Nigel Huddleston
tabling member	4107 label Biography information for Dame Harriett Baldwin

1675826

registered interest
date	06/12/2023
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Pensions: Gibraltar
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, whether he plans to bring forward legislative proposals to permit protected cell companies to insure defined benefit pension plans in the United Kingdom to match the regulations in Gibraltar.
tabling member constituency	West Worcestershire
tabling member printed	Harriett Baldwin
uin	5507
answer	answer is ministerial correction date of answer 13/12/2023 answer text <p>The Government keeps all legislation under review and actively seeks to learn from international jurisdictions. However, there are currently no plans to allow protected cell companies to insure defined benefit pension plans in the UK.</p> answering member constituency Hitchin and Harpenden answering member printed Bim Afolami question first answered 13/12/2023 12:40:56 answering member 4639 label Biography information for Bim Afolami
tabling member	4107 label Biography information for Dame Harriett Baldwin

1663775

registered interest
date	13/10/2023
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Banks: Regulation
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, what assessment he has made of trends in the level of inflation on the £25 billion retail deposit level at which banks are required to ring-fence their retail deposit-taking operations.
tabling member constituency	West Worcestershire
tabling member printed	Harriett Baldwin
uin	201628
answer	answer is ministerial correction date of answer 18/10/2023 answer text <p>On 28 September 2023, the government published draft secondary legislation for consultation on reforms to the ring-fencing regime. The reforms will make the regime smarter and simpler by taking forward recommendations made by the independent ring-fencing review and going further in a number of areas. This includes increasing the “core deposit” threshold, above which firms become subject to the regime, from £25bn to £35bn.</p><p> </p><p>The deposit threshold was originally set at £25bn by HM Treasury following recommendations from the Independent Commission on Banking (ICB) in 2011. The government white paper published in 2011 in response to the ICB outlined that the threshold would need to be adjusted over time to reflect the evolution of banking practices and growth in the deposit base.</p><p> </p><p>Since then, the deposit base has grown significantly and the resilience of the banking sector has increased. The proposed £10bn increase to the threshold would result in approximately 90% of banks’ UK retail deposits being covered by the ring-fencing regime, which is broadly in line with the proportion covered when the threshold was set originally.</p><p> </p><p>The updated threshold will provide banks currently below the £25bn deposit threshold with more room to grow before becoming subject to the ring-fencing regime. By removing a potential barrier to growth for banks, this proposal will support competition in the UK retail banking industry, and benefit the sector and its customers as a whole</p><p> </p><p>The government will publish an impact assessment on its proposed reforms to the ring-fencing regime alongside introducing forthcoming secondary legislation.</p> answering member constituency Arundel and South Downs answering member printed Andrew Griffith grouped question UIN 201629 question first answered 18/10/2023 14:03:55 answering member 4874 label Biography information for Andrew Griffith
tabling member	4107 label Biography information for Dame Harriett Baldwin

1663776

registered interest
date	13/10/2023
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Banks: Regulation
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, what recent assessment he has made of the potential impact of the £25 billion threshold for banks to separate out their retail deposit-taking operations into a ring-fenced entity on the competitiveness of the UK retail bank industry.
tabling member constituency	West Worcestershire
tabling member printed	Harriett Baldwin
uin	201629
answer	answer is ministerial correction date of answer 18/10/2023 answer text <p>On 28 September 2023, the government published draft secondary legislation for consultation on reforms to the ring-fencing regime. The reforms will make the regime smarter and simpler by taking forward recommendations made by the independent ring-fencing review and going further in a number of areas. This includes increasing the “core deposit” threshold, above which firms become subject to the regime, from £25bn to £35bn.</p><p> </p><p>The deposit threshold was originally set at £25bn by HM Treasury following recommendations from the Independent Commission on Banking (ICB) in 2011. The government white paper published in 2011 in response to the ICB outlined that the threshold would need to be adjusted over time to reflect the evolution of banking practices and growth in the deposit base.</p><p> </p><p>Since then, the deposit base has grown significantly and the resilience of the banking sector has increased. The proposed £10bn increase to the threshold would result in approximately 90% of banks’ UK retail deposits being covered by the ring-fencing regime, which is broadly in line with the proportion covered when the threshold was set originally.</p><p> </p><p>The updated threshold will provide banks currently below the £25bn deposit threshold with more room to grow before becoming subject to the ring-fencing regime. By removing a potential barrier to growth for banks, this proposal will support competition in the UK retail banking industry, and benefit the sector and its customers as a whole</p><p> </p><p>The government will publish an impact assessment on its proposed reforms to the ring-fencing regime alongside introducing forthcoming secondary legislation.</p> answering member constituency Arundel and South Downs answering member printed Andrew Griffith grouped question UIN 201628 question first answered 18/10/2023 14:03:55 answering member 4874 label Biography information for Andrew Griffith
tabling member	4107 label Biography information for Dame Harriett Baldwin

1650939

registered interest
date	06/07/2023
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Individual Savings Accounts
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, whether he plans to review the Lifetime Individual Savings Account first home property value limit.
tabling member constituency	West Worcestershire
tabling member printed	Harriett Baldwin
uin	192855
answer	answer is ministerial correction date of answer 11/07/2023 answer text <p>The Government is committed to supporting people of all incomes and at all stages of life to save, and to making the aspiration of home ownership a reality for as many households as possible.</p><p> </p><p>Data from the latest UK House Price Index demonstrates that the average price paid by first-time buyers is below the LISA property price cap in all regions of the UK except for Inner London, where the average price paid is affected by Boroughs with very high property values.</p><p> </p><p>The Government keeps all aspects of the savings tax regime under review.</p> answering member constituency Arundel and South Downs answering member printed Andrew Griffith question first answered 11/07/2023 12:58:05 answering member 4874 label Biography information for Andrew Griffith
tabling member	4107 label Biography information for Dame Harriett Baldwin

1650945

registered interest
date	06/07/2023
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Mortgages
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, with reference to his Department's policy paper, Mortgage Charter, updated on 5 July, what recent assessment he has made of the implications for his policies of proposed solutions in the report entitled Releasing the mortgage prisoners, published by the London School of Economics in February 2023.
tabling member constituency	West Worcestershire
tabling member printed	Harriett Baldwin
uin	192858
answer	answer is ministerial correction date of answer 11/07/2023 answer text <p>The Government understands that being unable to switch your mortgage can be extremely stressful, and, alongside the Financial Conduct Authority (FCA) and industry, have shown we are willing to act through the introduction of a ‘modified affordability assessment’. We are also regularly in contact with key stakeholders, including recently with the All Party Parliamentary Group on Mortgage Prisoners.</p><p> </p><p>Importantly, all lenders – including those with inactive books - are regulated by the FCA and must provide tailored support to borrowers. The Chancellor has made clear his expectation for lenders to live up to their responsibilities and support any mortgage borrowers who are finding it tough right now. The Government hopes other firms will do the right thing and sign up to the Mortgage Charter as soon as possible.</p><p> </p><p>However, the Government remains committed to the issue of mortgage prisoners, and we are considering the proposals put forward in the London School of Economics report very carefully. While we cannot force lenders to lend to borrowers they consider too high a risk, the Government welcomes any further practical and proportionate solutions that would meaningfully assist affected borrowers and be fair to other borrowers in the wider market.</p> answering member constituency Arundel and South Downs answering member printed Andrew Griffith question first answered 11/07/2023 12:47:03 answering member 4874 label Biography information for Andrew Griffith
tabling member	4107 label Biography information for Dame Harriett Baldwin

1628632

registered interest
date	17/05/2023
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Bank Cards: Fees and Charges
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, when he plans to review the Interchange Fee Regulation in the United Kingdom for domestic interchange fee caps.
tabling member constituency	West Worcestershire
tabling member printed	Harriett Baldwin
uin	185584
answer	answer is ministerial correction date of answer 22/05/2023 answer text <p>As set out in the ‘Edinburgh Reforms’ package, the Interchange Fee Regulation 2015 is due to be reviewed as part of Tranche 3 of the Future Regulatory Framework Review implementation programme.</p><p> </p><p>This prioritisation reflects the fact that the Payment Systems Regulator (PSR) is currently undertaking market reviews into card fees, including aspects of interchange fee policy. The government continues to monitor the reviews with interest and will consider, following the outcomes of the reviews, whether there are implications for legislative change.</p> answering member constituency Arundel and South Downs answering member printed Andrew Griffith question first answered 22/05/2023 13:08:23 answering member 4874 label Biography information for Andrew Griffith
tabling member	4107 label Biography information for Dame Harriett Baldwin