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780336

registered interest
date	30/10/2017
answering body	HM Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	CaTreasury
hansard heading	Enterprise Investment Scheme
house id	2
legislature	25277 pref label House of Lords
question text	To ask Her Majesty's Government what plans they have for revising the Enterprise Investment Scheme; and what assessment they have made of the economic impact of any future reductions in support available through that scheme.
tabling member printed	Lord Mendelsohn
uin	HL2700
answer	answer is ministerial correction date of answer 13/11/2017 answer text <p>The consultation <em>Financing Growth in Innovative Firms </em>set out the vital role the Enterprise Investment Scheme (EIS) plays in incentivising investment into early stage, high-growth firms. In 2015-16 more than 3,400 companies raised £1.9 billion through the scheme. The consultation also noted an ongoing issue of low-risk ‘capital preservation’ investments structured around the relief and asked an open question about how best to target the relief to ensure it helps innovative, high-growth firms receive the investment they need. The government will set out its response to the consultation in the Budget.</p><p> </p> answering member printed Lord Bates question first answered 13/11/2017 15:48:54 answering member 1091 label Biography information for Lord Bates
tabling member	4286 label Biography information for Lord Mendelsohn

780340

registered interest
date	30/10/2017
answering body	HM Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	CaTreasury
hansard heading	Minimum Wage: Complaints
house id	2
legislature	25277 pref label House of Lords
question text	To ask Her Majesty's Government, in each year since 2010, how many complaints were referred to HMRC from (1) ACAS, (2) Citizens Advice, and (3) individuals, relating to workers being unpaid or paid less than the National Minimum Wage for internship roles; how many of those complaints were investigated by HMRC; and how many resulted in a prosecution against an employer.
tabling member printed	Lord Mendelsohn
uin	HL2704
answer	answer is ministerial correction date of answer 13/11/2017 answer text <p>HM Revenue and Customs (HMRC) only holds data on referrals that resulted in an investigation being opened.</p><p> </p><p>HMRC began receiving complaint referrals from Acas on 17 March 2015. From this date until 31 March 2016 HMRC opened 6 investigations relating to interns that were referred by Acas.</p><p> </p><p>HMRC began receiving complaint referrals from Citizens Advice from September 2016. HMRC has recorded no investigations opened after referral from Citizens Advice that specifically relate to interns.</p><p> </p><p>The following numbers of investigations were opened as a result of direct complaints in relation to interns from 1 April 2010 to 17 March 2015:</p><p> </p><table><tbody><tr><td><p>Year</p></td><td><p>Investigations opened from direct complaints</p></td></tr><tr><td><p>2010/11</p></td><td><p>0</p></td></tr><tr><td><p>2011/12</p></td><td><p>30</p></td></tr><tr><td><p>2012/13</p></td><td><p>28</p></td></tr><tr><td><p>2013/14</p></td><td><p>44</p></td></tr><tr><td><p>2014/15</p></td><td><p>56</p></td></tr><tr><td><p>2015/16</p></td><td><p>5</p></td></tr></tbody></table><p> </p><p>HMRC has recorded no prosecutions in relation to interns and the National Minimum Wage.</p><p> </p> answering member printed Lord Bates question first answered 13/11/2017 16:16:49 answering member 1091 label Biography information for Lord Bates
tabling member	4286 label Biography information for Lord Mendelsohn