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1404715

	registered interest
	date	19/01/2022
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Wealth: Taxation
	house id	2
	legislature	25277 pref label House of Lords
	question text	To ask Her Majesty's Government what assessment they have made, if any, of the letter from 102 millionaires and billionaires to attendees to the World Economic Forum in Davos, calling for the introduction of wealth taxes.
	tabling member printed	Baroness Whitaker
	uin	HL5569
	answer	answer is ministerial correction date of answer 31/01/2022 answer text <p>The Government has noted the open letter and the suggestion of an annual wealth tax.</p><p> </p><p>The Government is committed to a fair tax system in which those with the most contribute the most. For example, the UK’s progressive Income Tax system means the top 1 per cent of Income Taxpayers are projected to pay 28 per cent of all Income Tax, and the top 5 per cent are projected to pay 49 per cent in the year 2021-22.</p><p>The UK does not have a single wealth tax, but it does have several taxes on assets and wealth. The UK already taxes assets and wealth across many different economic activities, including the acquisition, holding, transfer and disposal of assets, and income derived from assets.</p><p> </p><p>Notably, in 2020 the Wealth Tax Commission, which has no connection or link to the Government, found that if considering Inheritance Tax, Capital Gains Tax, Stamp Duty, and Stamp Duty Land Tax, the UK is among the top of the G7 countries for wealth taxes as a percentage of total wealth.</p><p> </p><p>The Wealth Tax Commission also concluded that an annual wealth tax, reportedly suggested by the UK branch of the group behind the letter, would not be effective because of high administrative costs relative to revenue and ease of avoidance. It is also clear that the Wealth Tax Commission’s suggestion of a potential one-off wealth tax in the UK would be a complex undertaking and the amount of revenue raised would be highly dependent on the final design of the tax.</p><p>It is also the case that any individual or private business wishing to make a greater contribution to the Exchequer can make voluntary payments to HM Government. More information about how to do so is available on GOV.UK.</p> answering member printed Viscount Younger of Leckie question first answered 31/01/2022 17:19:34 answering member 4169 label Biography information for Viscount Younger of Leckie
	tabling member	2510 label Biography information for Baroness Whitaker

1521486

	registered interest
	date	12/10/2022
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	UK Internal Trade: Northern Ireland
	house id	2
	legislature	25277 pref label House of Lords
	question text	To ask His Majesty's Government which schemes they have introduced to facilitate trade between Great Britain and Northern Ireland since the introduction of the Protocol on Ireland/Northern Ireland.
	tabling member printed	Lord Dodds of Duncairn
	uin	HL2525
	answer	answer is ministerial correction date of answer 26/10/2022 answer text <p>Since the introduction of the Northern Ireland Protocol (NIP), the Government has introduced a range of schemes intended to help facilitate trade between Great Britain (GB) and Northern Ireland (NI), including:</p><ul><li>The Trader Support Service, which provides guidance to traders and completes customs declarations on their behalf;</li><li>The UK Trader Scheme, which allows authorised traders to move goods from Great Britain to Northern Ireland without paying duty;</li><li>The Customs Duty Waiver Scheme, which allows traders to claim duty waivers within applicable limits; and</li><li>The Movement Assistance Scheme, which provides additional support for traders moving agri-food goods from GB to NI.</li></ul> answering member printed Viscount Younger of Leckie question first answered 26/10/2022 13:33:10 answering member 4169 label Biography information for Viscount Younger of Leckie
	tabling member	1388 label Biography information for Lord Dodds of Duncairn

1521484

	registered interest
	date	12/10/2022
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Trader Support Service
	house id	2
	legislature	25277 pref label House of Lords
	question text	To ask His Majesty's Government what is the total cost to date of the Trader Support Service.
	tabling member printed	Lord Dodds of Duncairn
	uin	HL2523
	answer	answer is ministerial correction date of answer 26/10/2022 answer text The total cost of the Trader Support Service from its inception to September 2022 is £309 million. answering member printed Viscount Younger of Leckie question first answered 26/10/2022 13:33:43 answering member 4169 label Biography information for Viscount Younger of Leckie
	tabling member	1388 label Biography information for Lord Dodds of Duncairn

1518482

	registered interest
	date	26/09/2022
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Taxation: Disclosure of Information
	house id	2
	legislature	25277 pref label House of Lords
	question text	To ask His Majesty's Government what plans they have fully to meet the standards for tax transparency set by the General Assembly of the Global Initiative for Fiscal Transparency, including its 14 guiding principles.
	tabling member printed	Baroness Bennett of Manor Castle
	uin	HL2324
	answer	answer is ministerial correction date of answer 10/10/2022 answer text <p>HMRC, in combination with HM Treasury, the Office of Budget Responsibility, Office for National Statistics, and other Government departments are already meeting, or exceeding, areas identified in the 14 guiding principles set by the General Assembly of the Global Initiative for Fiscal Transparency for tax transparency, for example:</p><p> </p><ul><li>HMRC publish an annual report which includes information on the prevailing tax gap and action taken to reduce it, as well as comprehensive accounts and other information on revenues, expenditure, performance and performance plans. This is in addition to separate publications on the measurement of tax gaps and other research conducted by HMRC on taxpayers’ behaviour and tax administration;</li><li>HMRC’s published Annual Report and Accounts, as well as other aspects of its performance and expenditure, are regularly audited by the independent National Audit Office (NAO), and subject to Parliamentary scrutiny. NAO reports of its audits are also published. Revenue and other statistics published by HMRC adhere to the Official Statistics Code of Practice and are also subject to independent audit by the UK’s Statistics Authority;</li><li>The UK Government and HMRC have increased their own transparency by publishing more data, including information about the exercise of powers. Government departments also publish data as part of a cross-Government transparency data publishing requirement, as directed by several letters from the Prime Minister since 2010;</li><li>The UK Government collaborates with international and regional financial institutions, contributing to their published revenue statistics, to improve the fairness, efficiency, and effectiveness of tax administration, including through the <a href="https://www.oecd.org/tax/forum-on-tax-administration/" target="_blank">Forum on Tax Administration</a>; and</li><li>The Tax Assurance Commissioner (TAC) role was created in 2012 to strengthen governance and assurance of tax disputes. The TAC provides assurance to Parliament and the public on the handling of civil tax disputes<em>, </em>and their Report is published as part of HMRC’s Annual Report.</li></ul><p> </p><p>Increasing transparency to improve the public’s trust in the tax system and Government accountability remains a focus for this administration.</p> answering member printed Viscount Younger of Leckie question first answered 10/10/2022 11:29:53 answering member 4169 label Biography information for Viscount Younger of Leckie
	tabling member	4719 label Biography information for Baroness Bennett of Manor Castle

1505814

	registered interest
	date	07/09/2022
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Small Businesses: National Insurance Contributions
	house id	2
	legislature	25277 pref label House of Lords
	question text	To ask Her Majesty's Government what plans they have to temporarily reverse national insurance contributions for small and medium sized enterprises.
	tabling member printed	Lord Taylor of Warwick
	uin	HL2288
	answer	answer is ministerial correction date of answer 28/09/2022 answer text <p>The Government announced on 22 September that it will be reversing the Health and Social Care Levy. This will provide a tax cut for the 60 per cent (920,000) of businesses who pay National Insurance contributions (NICs) bills by an average of £9,600 in 2023-24. 20,000 businesses will be taken out of paying NICs entirely.</p><p> </p><p>The other 40 per cent of businesses already pay no NICs as a result of the Employment Allowance (EA). In April 2022, the Government increased the EA, a relief which allows eligible businesses to reduce their employer NICs bills each year, from £4,000 to £5,000.</p><p> </p><p>This means that businesses and charities who had employer NICs bills of £100,000 or less in the previous tax year are able to claim up to £5,000 off their employer NICs bills. As a result, eligible businesses are able to employ 4 full-time employees on the National Living Wage without paying any employer NICs. 94 per cent of businesses that benefitted from this change were small and micro businesses.</p><p>The Government also recognises that many businesses are exposed to increased energy costs driven by global factors. The Government has announced new support for households, businesses and public sector organisations facing rising energy bills in Great Britain and Northern Ireland – supporting growth, preventing unnecessary insolvencies and protecting jobs.</p><p>Through a new Energy Bill Relief Scheme, the Government will provide a discount on wholesale gas and electricity prices for all non-domestic customers (including all UK businesses, the voluntary sector like charities and the public sector such as schools and hospitals) whose current gas and electricity prices have been significantly inflated in light of global energy prices. This support will be equivalent to the Energy Price Guarantee put in place for households.</p> answering member printed Viscount Younger of Leckie question first answered 28/09/2022 14:40:19 answering member 4169 label Biography information for Viscount Younger of Leckie
	tabling member	1796 label Biography information for Lord Taylor of Warwick

1521517

	registered interest
	date	12/10/2022
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Retail Trade: Money
	house id	2
	legislature	25277 pref label House of Lords
	question text	To ask His Majesty's Government what assessment they have made of the prevalence of retailers no longer accepting cash as a form of payment; and what steps they will take to ensure that cash is accepted in all retail establishments.
	tabling member printed	Lord Stone of Blackheath
	uin	HL2559
	answer	answer is ministerial correction date of answer 26/10/2022 answer text <p>As technology and consumer behaviour changes, it should remain the choice of individual organisations as to whether to accept or decline any form of payment, including cash or card, based on their consideration of factors such as customer preference and cost.</p><p> </p><p>Nonetheless, the Government recognises that many people continue to transact in cash across the UK and engages closely with financial regulators to monitor and assess trends relating to cash. Research undertaken by the Financial Conduct Authority found that 98% of small businesses would never turn away a customer if they needed to pay by cash.</p><p> </p><p>The Government has introduced legislation to protect access to cash across the UK to Parliament as part of the Financial Services and Markets Bill 2022. The legislation will establish the Financial Conduct Authority as the lead regulator for access to cash with responsibility and powers to ensure that people can continue to access cash withdrawal and deposit facilities. This legislation will support local businesses to continue accepting cash by ensuring they have reasonable access to deposit facilities.</p><p> </p><p>Further details about the Financial Services and Markets Bill can be found on the Parliament website.</p> answering member printed Viscount Younger of Leckie question first answered 26/10/2022 13:32:51 answering member 4169 label Biography information for Viscount Younger of Leckie
	tabling member	2222 label Biography information for Lord Stone of Blackheath

1522039

	registered interest
	date	13/10/2022
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Refugees: Ukraine
	house id	2
	legislature	25277 pref label House of Lords
	question text	To ask His Majesty's Government whether they will consider including refugees arriving under the family visa scheme within the funding of the Homes for Ukraine scheme; and whether they will remove the barriers to exchanging Ukrainian currency for sterling.
	tabling member printed	Baroness Bennett of Manor Castle
	uin	HL2579
	answer	answer is ministerial correction date of answer 27/10/2022 answer text <p>To support those fleeing the conflict, the Government has introduced two visa schemes to welcome Ukrainian refugees to the UK: the Ukraine Family Scheme and Homes for Ukraine. The Ukraine Family Scheme allows applicants to join family members or extend their stay in the UK. Homes for Ukraine allows Ukrainian nationals and their family members to come to the UK if they have a named sponsor under the scheme. Further details on scheme eligibility can be found at GOV.UK. People that enter under both visa schemes support integration by providing full access to social services and welfare in the UK for up to three years.</p><p> </p><p>As each of these schemes uses different routes to support Ukrainians to find safe refuge in the UK, they were set up to be funded differently. The Ukraine Family Scheme is similar to existing family visa routes, and provision of public services from this route will be managed in the usual way. The UK-based family member is expected to provide support and accommodation for those coming to join them, who in turn benefit from the wider integration advantages in joining an existing family network.</p><p> </p><p>On the matter of exchanging Ukrainian currency for sterling, the Government has taken steps to ensure support for incoming Ukrainian nationals opening bank accounts, and Ukrainians are able to convert their currency to GBP electronically at several major banks and electronic money institutions. The industry has also taken measures to support refugees and their access to essential financial services, including commitments to waive certain fees. The Government continues to monitor the situation for Ukrainians in the UK’s financial marketplace closely.</p> answering member printed Viscount Younger of Leckie question first answered 27/10/2022 13:05:00 answering member 4169 label Biography information for Viscount Younger of Leckie
	tabling member	4719 label Biography information for Baroness Bennett of Manor Castle

1522040

	registered interest
	date	13/10/2022
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Public Health and Unemployment
	house id	2
	legislature	25277 pref label House of Lords
	question text	To ask His Majesty's Government what assessment they have made of recent data from the Office for National Statistics regarding the UK employment rate for October 2022, which found that "UK economic inactivity rate was estimated at 21.7%, which is 0.6 percentage points higher than the previous three-month period"; and what steps they are taking to improve public health, given this is a potential contributory factor for such economic inactivity.
	tabling member printed	Baroness Bennett of Manor Castle
	uin	HL2580
	answer	answer is ministerial correction date of answer 27/10/2022 answer text <p>The latest data indicates that the working age inactivity rate in the three months to August was 21.7%, up 0.6 percentage points on the previous three months and up 0.5 percentage points on the year. The headline employment rate for the three months to August was 75.5%, up 0.3 percentage points on the year. Demand for labour remains strong, with vacancies near record highs and significantly above pre-pandemic levels in the third quarter of 2022 (+51%). The latest data indicates that that the unemployment rate fell to 3.5% in the three months to August, the lowest rate since 1974<em>.</em></p><p> </p><p>Our Plan for Patients, which the Department of Health and Social Care introduced in Parliament on 22 September, sets out our immediate priorities to support individuals to live healthier lives and to strengthen the resilience and health of the nation. This includes moving prevention services closer to the patient, expanding mental health support in schools and increasing support for people to start, stay and succeed in employment. Alongside this, the Department of Health and Social Care is currently reviewing all of its wider priorities with a focus on improving the health of the population across the breadth of the country.</p> answering member printed Viscount Younger of Leckie question first answered 27/10/2022 12:55:38 answering member 4169 label Biography information for Viscount Younger of Leckie
	tabling member	4719 label Biography information for Baroness Bennett of Manor Castle

1522071

	registered interest
	date	13/10/2022
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Public Expenditure: Brexit
	house id	2
	legislature	25277 pref label House of Lords
	question text	To ask His Majesty's Government what estimate they have made of how much money was saved by the UK leaving the EU; and how this money has been spent.
	tabling member printed	Lord Roberts of Llandudno
	uin	HL2611
	answer	answer is ministerial correction date of answer 27/10/2022 answer text The UK Government has determined an additional £14.6 billion of spending by 2024-25 can be allocated to its domestic priorities, rather than be sent in contributions to the EU. This additional spending was included in the overall spending plans that the government set out at previous Spending Reviews. The last Spending Review in 2021 set departmental budgets up to 2024-25. Autumn Budget and Spending Review 2021 plans are set out on the gov.uk website. answering member printed Viscount Younger of Leckie question first answered 27/10/2022 12:55:08 answering member 4169 label Biography information for Viscount Younger of Leckie
	tabling member	3691 label Biography information for Lord Roberts of Llandudno

1505633

	registered interest
	date	06/09/2022
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Private Rented Housing: Income
	house id	2
	legislature	25277 pref label House of Lords
	question text	To ask Her Majesty's Government how many people have declared income from letting property by parliamentary constituency for the most recent period for which figures are available.
	tabling member printed	Lord Carrington
	uin	HL2207
	answer	answer is ministerial correction date of answer 22/09/2022 answer text <p>The number of individuals that have declared property income and that pay each of the marginal rates of income tax specified, rounded to the nearest thousand, are as follows:</p><p> </p><table><tbody><tr><td><p>Tax rate</p></td><td><p>Number of individuals</p></td></tr><tr><td><p>Additional higher rate</p></td><td><p>91,000</p></td></tr><tr><td><p>Higher rate</p></td><td><p>543,000</p></td></tr><tr><td><p>Basic rate</p></td><td><p>1,439,000</p></td></tr></tbody></table><p> </p><p>The numbers of individuals in each parliamentary constituency that declared income from property lettings via their self-assessment tax returns in 2020-21, rounded to the nearest 10 are provided in the attached table.</p><p> </p><p> </p><p> </p><p>Please also note that:</p><ul><li>- Taxpayers in Scotland will not pay the tax rates referred to in the question as they are subject to a separate income tax regime, and are therefore excluded from the figures on individuals per marginal income tax rate, above;</li><li>- Not all individuals with property income are required to declare it. For example, those with income below the £1,000 property allowance are not required to tell HMRC; and</li><li>- Some individuals with property income between £1,000 to £2,500 will declare this via PAYE rather than self-assessment. These individuals are not included here.</li></ul> answering member printed Viscount Younger of Leckie grouped question UIN HL2208 question first answered 22/09/2022 10:09:55 answering member 4169 label Biography information for Viscount Younger of Leckie attachment 1 file name docforlibrariesParliamentary constituency.docx title Supporting table as reference in the answer
	tabling member	4712 label Biography information for Lord Carrington