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968408

registered interest
date	05/09/2018
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	New Enterprise Allowance
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, whether his Department has made an assessment of the dynamic effect on tax receipts of the New Enterprise Allowance.
tabling member constituency	Windsor
tabling member printed	Adam Afriyie
uin	170735
answer	answer is ministerial correction date of answer 14/09/2018 answer text <p>The New Enterprise Allowance (NEA) supports people on eligible benefits who want to move into self-employment. The NEA, alongside all government policies, are costed with a central estimate of the impact on the Exchequer where possible. In the case of the NEA, responsibility for this assessment is with the Department for Work and Pensions as the lead department who are also responsible for evaluating the impact of the policy.</p> answering member constituency South West Norfolk answering member printed Elizabeth Truss question first answered 14/09/2018 09:37:09 answering member 4097 label Biography information for Elizabeth Truss
tabling member	1586 label Biography information for Adam Afriyie

968409

registered interest
date	05/09/2018
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	National Insurance Contributions: Self-employed
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, what recent steps his Department has taken to simplify the system of National Insurance payments for self-employed people.
tabling member constituency	Windsor
tabling member printed	Adam Afriyie
uin	170736
answer	answer is ministerial correction date of answer 13/09/2018 answer text <p>The government is committed to simplifying the tax system and supporting the self-employed.</p><p> </p><p>To support everyone, including the self-employed, the government has committed to raise the income tax Personal Allowance to £12,500, and the higher rate threshold to £50,000. By 2020-21, the government will have increased the Personal Allowance by over 90%, completing a decade’s worth of sustained increases.</p><p> </p><p>The government has reduced the administration burden on the self-employed by £19 million a year by ensuring Class 2 NICs can be paid online via self-assessment. This has modernised the way Class 2 NICs is assessed and collected, making the system simpler and more straight-forward on the self-employed.</p> answering member constituency Central Devon answering member printed Mel Stride question first answered 13/09/2018 13:41:28 answering member 3935 label Biography information for Mel Stride
tabling member	1586 label Biography information for Adam Afriyie

968410

registered interest
date	05/09/2018
answering body	Department for Work and Pensions
answering dept id	29
answering dept short name	Work and Pensions
answering dept sort name	Work and Pensions
hansard heading	Self-employed: Pensions
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Work and Pensions, whether she has made an assessment of trends in the level of self-employed people participating in a private pension scheme.
tabling member constituency	Windsor
tabling member printed	Adam Afriyie
uin	170737
answer	answer is ministerial correction date of answer 11/09/2018 answer text <p>As part of its review of automatic enrolment, published in December 2017, the Government looked at the position of the self-employed and private pension saving. The review established that the 4.8 million people who are self-employed in the UK are a hugely varied population with different income and savings needs for their retirement. Overall, participation rates for the self-employed have been on the decline in recent years, falling from 31 per cent in 2006/7 to 14 per cent in 2016/17. While pension participation rates have fallen for the self-employed, analysis has shown that the self-employed have, on average, broadly comparable levels of total assets to employees’ (PPI report on policies for increasing long-term saving of the self-employed). However, analysis has shown the distribution of assets to be different for employees compared to the self-employed – employees tend to have a higher level of private pension wealth compared to the self-employed and the self-employed tend to have higher levels of property wealth relative to employees.</p><p> </p><p>The review found that there is currently no single or simple and straightforward mechanism to bring self-employed people into workplace pension saving. Nor is there any consensus or evidence about the best approach to increasing pension saving among this group.</p><p> </p><p>We are committed to work towards implementing our manifesto commitment to improve retirement savings among the self-employed by testing targeted interventions to understand what works in practice. We will provide more information about the trial areas later this year, following our feasibility work.</p><p> </p> answering member constituency Hexham answering member printed Guy Opperman grouped question UIN 170738 question first answered 11/09/2018 16:15:25 answering member 4142 label Biography information for Guy Opperman
tabling member	1586 label Biography information for Adam Afriyie

968412

registered interest
date	05/09/2018
answering body	Department for Work and Pensions
answering dept id	29
answering dept short name	Work and Pensions
answering dept sort name	Work and Pensions
hansard heading	Self-employed: Pensions
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Work and Pensions, what recent steps her Department has taken to encourage self-employed individuals to participate in a private pension scheme.
tabling member constituency	Windsor
tabling member printed	Adam Afriyie
uin	170738
answer	answer is ministerial correction date of answer 11/09/2018 answer text <p>As part of its review of automatic enrolment, published in December 2017, the Government looked at the position of the self-employed and private pension saving. The review established that the 4.8 million people who are self-employed in the UK are a hugely varied population with different income and savings needs for their retirement. Overall, participation rates for the self-employed have been on the decline in recent years, falling from 31 per cent in 2006/7 to 14 per cent in 2016/17. While pension participation rates have fallen for the self-employed, analysis has shown that the self-employed have, on average, broadly comparable levels of total assets to employees’ (PPI report on policies for increasing long-term saving of the self-employed). However, analysis has shown the distribution of assets to be different for employees compared to the self-employed – employees tend to have a higher level of private pension wealth compared to the self-employed and the self-employed tend to have higher levels of property wealth relative to employees.</p><p> </p><p>The review found that there is currently no single or simple and straightforward mechanism to bring self-employed people into workplace pension saving. Nor is there any consensus or evidence about the best approach to increasing pension saving among this group.</p><p> </p><p>We are committed to work towards implementing our manifesto commitment to improve retirement savings among the self-employed by testing targeted interventions to understand what works in practice. We will provide more information about the trial areas later this year, following our feasibility work.</p><p> </p> answering member constituency Hexham answering member printed Guy Opperman grouped question UIN 170737 question first answered 11/09/2018 16:15:25 answering member 4142 label Biography information for Guy Opperman
tabling member	1586 label Biography information for Adam Afriyie

968413

registered interest
date	05/09/2018
answering body	Department for Work and Pensions
answering dept id	29
answering dept short name	Work and Pensions
answering dept sort name	Work and Pensions
hansard heading	Pensions: Consumer Information
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Work and Pensions, whether she has made an assessment of the progress of the delivery of the Pension Dashboard.
tabling member constituency	Windsor
tabling member printed	Adam Afriyie
uin	170739
answer	answer is ministerial correction date of answer 11/09/2018 answer text <p>On Tuesday 4 September 2018, I published a written statement providing an update on pensions including the Pensions Dashboard. This statement can be found here: <a href="https://www.parliament.uk/business/publications/written-questions-answers-statements/written-statement/Commons/2018-09-04/HCWS933/" target="_blank">https://www.parliament.uk/business/publications/written-questions-answers-statements/written-statement/Commons/2018-09-04/HCWS933/</a></p><p>An industry-led Dashboard, facilitated by Government, will harness the best of industry innovation. We will continue to engage with industry, consumer groups and other stakeholders on this model and Government will protect pension savers and personal information by legislating where necessary.</p><p> </p><p>We will shortly report on the findings of the Feasibility Study.</p> answering member constituency Hexham answering member printed Guy Opperman question first answered 11/09/2018 16:11:21 answering member 4142 label Biography information for Guy Opperman
tabling member	1586 label Biography information for Adam Afriyie

967825

registered interest
date	04/09/2018
answering body	Department for Business, Energy and Industrial Strategy
answering dept id	201
answering dept short name	Business, Energy and Industrial Strategy
answering dept sort name	Business, Energy and Industrial Strategy
hansard heading	Small Businesses: Billing
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Business, Energy and Industrial Strategy, what assessment he has made of recent trends in the proportion of late payments to SMEs.
tabling member constituency	Windsor
tabling member printed	Adam Afriyie
uin	170292
answer	answer is ministerial correction date of answer 12/09/2018 answer text <p>The Government understands how important tackling late payment is, especially for smaller businesses. In due course, the Department will be publishing a call for evidence to understand the current trends and evidence on how late payments are affecting SMEs and to seek views on how the Government could go further to tackle the problem.</p> answering member constituency Rochester and Strood answering member printed Kelly Tolhurst question first answered 12/09/2018 16:53:42 answering member 4487 label Biography information for Kelly Tolhurst
tabling member	1586 label Biography information for Adam Afriyie

967826

registered interest
date	04/09/2018
answering body	Department for Business, Energy and Industrial Strategy
answering dept id	201
answering dept short name	Business, Energy and Industrial Strategy
answering dept sort name	Business, Energy and Industrial Strategy
hansard heading	Self-employed
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Business, Energy and Industrial Strategy, what assessment he has made of recent trends in the number of self-employed individuals.
tabling member constituency	Windsor
tabling member printed	Adam Afriyie
uin	170293
answer	answer is ministerial correction date of answer 12/09/2018 answer text <p>The Department for Business, Energy and Industrial Strategy relies on published labour market statistics from the Office for National Statistics (ONS) which are available here:</p><p><a href="https://www.ons.gov.uk/employmentandlabourmarket/peopleinwork/employmentandemployeetypes/bulletins/uklabourmarket/previousReleases" target="_blank">https://www.ons.gov.uk/employmentandlabourmarket/peopleinwork/employmentandemployeetypes/bulletins/uklabourmarket/previousReleases</a></p> answering member constituency Rochester and Strood answering member printed Kelly Tolhurst question first answered 12/09/2018 16:53:50 answering member 4487 label Biography information for Kelly Tolhurst
tabling member	1586 label Biography information for Adam Afriyie

967827

registered interest
date	04/09/2018
answering body	Department for Work and Pensions
answering dept id	29
answering dept short name	Work and Pensions
answering dept sort name	Work and Pensions
hansard heading	New Enterprise Allowance
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Work and Pensions, whether she has made an assessment of recent trends in the number of individuals in receipt of the New Enterprise Allowance.
tabling member constituency	Windsor
tabling member printed	Adam Afriyie
uin	170294
answer	answer is ministerial correction date of answer 12/09/2018 answer text <p>The Department regularly publishes official statistics for the New Enterprise Allowance Scheme, including an overview of the latest trends seen in the data. The latest publication can be accessed at:</p><p><strong><a href="https://www.gov.uk/government/statistics/new-enterprise-allowance-april-2011-to-december-2017" target="_blank">https://www.gov.uk/government/statistics/new-enterprise-allowance-april-2011-to-december-2017</a></strong></p> answering member constituency Reading West answering member printed Alok Sharma question first answered 12/09/2018 16:33:04 answering member 4014 label Biography information for Sir Alok Sharma
tabling member	1586 label Biography information for Adam Afriyie

964043

registered interest
date	03/09/2018
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Financial Services: Australia
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 the effectiveness of the FinTech bridge agreement between the UK and Australia.
tabling member constituency	Windsor
tabling member printed	Adam Afriyie
uin	169237
answer	answer is ministerial correction date of answer 10/09/2018 answer text <p>The UK’s FinTech Bridge agreements have facilitated positive cross border activity between the UK and our Bridge partner markets, and UK officials work closely with counterparts in each FinTech Bridge market to support firms seeking to export internationally.</p> answering member constituency Salisbury answering member printed John Glen grouped question UIN 169238 169239 169240 169241 question first answered 10/09/2018 14:39:33 answering member 4051 label Biography information for John Glen
tabling member	1586 label Biography information for Adam Afriyie

964044

registered interest
date	03/09/2018
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Financial Services: Hong Kong
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 the effectiveness of the FinTech bridge agreement between the UK and Hong Kong.
tabling member constituency	Windsor
tabling member printed	Adam Afriyie
uin	169238
answer	answer is ministerial correction date of answer 10/09/2018 answer text <p>The UK’s FinTech Bridge agreements have facilitated positive cross border activity between the UK and our Bridge partner markets, and UK officials work closely with counterparts in each FinTech Bridge market to support firms seeking to export internationally.</p> answering member constituency Salisbury answering member printed John Glen grouped question UIN 169237 169239 169240 169241 question first answered 10/09/2018 14:39:34 answering member 4051 label Biography information for John Glen
tabling member	1586 label Biography information for Adam Afriyie