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 question first answered answering member label
tabling member	label

Search

1140851

	registered interest
	date	22/07/2019
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Claims Management Services
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Chancellor of the Exchequer, what plans he has to regulate complaints made by claims management companies on behalf of complainants on the same basis as independent and other financial advisors, banks and building societies.
	tabling member constituency	Cardiff West
	tabling member printed	Kevin Brennan
	uin	280141
	answer	answer is ministerial correction date of answer 25/07/2019 answer text <p>The Financial Conduct Authority (FCA) has taken over regulation of claims management companies (CMCs). The FCA rules mean CMCs must meet the same basic standards as other FCA-regulated firms on conduct, as well as additional CMC-specific rules.</p> answering member constituency Richmond (Yorks) answering member printed Rishi Sunak question first answered 25/07/2019 15:34:16 answering member 4483 label Biography information for Rishi Sunak
	tabling member	1400 label Biography information for Kevin Brennan

1140852

	registered interest
	date	22/07/2019
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Funerals: Pre-payment
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Chancellor of the Exchequer, what plans he has to bring pre-payment funeral plans under the regulation of the Financial Conduct Authority in line with other financial products.
	tabling member constituency	Cardiff West
	tabling member printed	Kevin Brennan
	uin	280142
	answer	answer is ministerial correction date of answer 25/07/2019 answer text <p>HM Treasury launched a call for evidence on the regulation of pre-paid funeral plans in June 2018. The call for evidence has confirmed that consumer detriment is present in the pre-paid funeral plan sector and that there is broad demand for the sector to come under compulsory regulation.</p><p> </p><p>Consequently, the government intends to bring the pre-paid funeral plan market within the remit of the Financial Conduct Authority and is currently consulting on the proposed legislative framework to implement this proposal. This will allow the FCA to establish a robust regulatory regime which will apply to all funeral plan providers, and improve protection for consumers.</p> answering member constituency Richmond (Yorks) answering member printed Rishi Sunak question first answered 25/07/2019 15:37:02 answering member 4483 label Biography information for Rishi Sunak
	tabling member	1400 label Biography information for Kevin Brennan

1129193

	registered interest
	date	03/06/2019
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Mortgages: Interest Rates
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Chancellor of the Exchequer, what recent steps he has taken to enable mortgage customers who were trapped when their mortgages were sold to vulture funds to take advantage of lower interest rates; and if he will launch an inquiry.
	tabling member constituency	Cardiff West
	tabling member printed	Kevin Brennan
	uin	259027
	answer	answer is ministerial correction date of answer 06/06/2019 answer text <p>The Treasury recognises that mortgage prisoners can be in a difficult and sometimes stressful situation. However, the servicer of these mortgages must be regulated by the Financial Conduct Authority (FCA). This means that customers are protected by the FCA’s principle of Treating Customers Fairly; their Mortgage Conduct of Business rules; and customers have recourse to the Financial Ombudsman Service.</p><p> </p><p>The Treasury has also worked closely with the FCA to consider how to remove the regulatory barriers that might prevent some customers from accessing better deals.</p><p> </p><p>The FCA are now consulting on changes that will move the required affordability assessment from an absolute test to a relative one. This will enable lenders to more easily accept switching consumers, providing they are up-to-date with repayments and are not borrowing more.</p><p> </p><p>The FCA consultation closes on 26 June 2019.</p> answering member constituency Salisbury answering member printed John Glen question first answered 06/06/2019 13:14:54 answering member 4051 label Biography information for John Glen
	tabling member	1400 label Biography information for Kevin Brennan

971352

	registered interest
	date	10/09/2018
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Tax Avoidance
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Chancellor of the Exchequer, if he will limit disguised remuneration loan charges to loans entered into after the Finance Act 2017 received Royal Assent; and if he will make a statement.
	tabling member constituency	Cardiff West
	tabling member printed	Kevin Brennan
	uin	172456
	answer	answer is ministerial correction date of answer 13/09/2018 answer text <p>The charge on disguised remuneration (DR) loans is targeted at artificial tax avoidance schemes where earnings were paid via a third party in the form of ‘loans’ which in reality were never repaid.</p><p> </p><p>DR scheme users took home almost all of their pay tax-free. However, despite the claims made by promoters, these schemes never worked and the amounts paid were always taxable under the law at the time.</p><p> </p><p>The Government has decided that the charge on DR loans is the right way to ensure that everybody pays the taxes they owe and contributes towards the public-funded services from which they benefit.</p><p> </p><p>Restricting the charge only to DR loans entered into after Finance Act 2017 received Royal Assent would not be fair to ordinary taxpayers, who have always paid the right amount of tax and have not engaged in tax avoidance schemes.</p> answering member constituency Central Devon answering member printed Mel Stride question first answered 13/09/2018 15:15:30 answering member 3935 label Biography information for Mel Stride
	tabling member	1400 label Biography information for Kevin Brennan

919310

	registered interest
	date	07/06/2018
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Arts: National Insurance Contributions
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask Mr Chancellor of the Exchequer, what assessment he has made of the effect of the proposed abolition of Class 2 National Insurance Contributions on creators earning less than £6,205 per year.
	tabling member constituency	Cardiff West
	tabling member printed	Kevin Brennan
	uin	151097
	answer	answer is ministerial correction date of answer 12/06/2018 answer text <p>On November 2<sup>nd</sup> 2017, the Government announced a one year delay to the abolition of Class 2 National Insurance contributions (NICs) to allow time to engage with interested parties and Parliamentarians with concerns relating to the impact on self-employed individuals with low profits. The Government is considering these concerns, including those you have raised, and will respond in due course.</p> answering member constituency Newark answering member printed Robert Jenrick question first answered 12/06/2018 08:36:42 answering member 4320 label Biography information for Robert Jenrick
	tabling member	1400 label Biography information for Kevin Brennan

862224

	registered interest
	date	14/03/2018
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Film: Tax Allowances
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask Mr Chancellor of the Exchequer, if he will set out all films that benefited from UK film tax relief in each of the last five years.
	tabling member constituency	Cardiff West
	tabling member printed	Kevin Brennan
	uin	132643
	answer	answer is ministerial correction date of answer 19/03/2018 answer text <p>This information cannot be released because of HMRC’s duty of taxpayer confidentiality.</p> answering member constituency Central Devon answering member printed Mel Stride question first answered 19/03/2018 14:08:27 answering member 3935 label Biography information for Mel Stride
	tabling member	1400 label Biography information for Kevin Brennan