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1648346
star this property registered interest false more like this
star this property date less than 2023-06-27more like thismore than 2023-06-27
star this property answering body
Treasury more like this
star this property answering dept id 14 more like this
star this property answering dept short name Treasury remove filter
star this property answering dept sort name Treasury more like this
star this property hansard heading Motor Vehicles: Excise Duties more like this
unstar this property house id 2 more like this
star this property legislature
25277
star this property pref label House of Lords more like this
star this property question text To ask His Majesty's Government what plans they have to review the historic vehicle tax exemption by altering the 40-year rule to 30 years. more like this
star this property tabling member printed
Lord Naseby more like this
unstar this property uin HL8835 more like this
star this property answer
answer
unstar this property is ministerial correction false more like this
star this property date of answer less than 2023-07-06more like thismore than 2023-07-06
star this property answer text <p>At Budget 2014 the Government announced that it would introduce a rolling 40-year Vehicle Excise Duty (VED) exemption for classic cars in recognition of their important contribution to UK heritage and culture.</p><p>The Government has set 40 years as being a fair cut-off date to distinguish classic cars from those that are simply older vehicles and there are no current plans to reduce the tax exemption age to 30 years.</p><p> </p><p>As with all taxes, VED is kept under review and any changes are considered and announced by the Chancellor.</p><p><strong> </strong></p> more like this
unstar this property answering member printed Baroness Penn more like this
star this property question first answered
less than 2023-07-06T15:20:35.693Zmore like thismore than 2023-07-06T15:20:35.693Z
unstar this property answering member
4726
star this property label Biography information for Baroness Penn more like this
star this property tabling member
1251
star this property label Biography information for Lord Naseby remove filter
1641691
star this property registered interest false more like this
star this property date less than 2023-06-05more like thismore than 2023-06-05
star this property answering body
Treasury more like this
star this property answering dept id 14 more like this
star this property answering dept short name Treasury remove filter
star this property answering dept sort name Treasury more like this
star this property hansard heading Supermarkets: Prices more like this
unstar this property house id 2 more like this
star this property legislature
25277
star this property pref label House of Lords more like this
star this property question text To ask His Majesty's Government, with regard to recent meetings between Treasury ministers, food suppliers and retailers and the Competition and Markets Authority, what assessment they have made of the existing benefits to consumers of price competition between major supermarkets. more like this
star this property tabling member printed
Lord Naseby more like this
unstar this property uin HL8217 more like this
star this property answer
answer
unstar this property is ministerial correction false more like this
star this property date of answer less than 2023-06-19more like thismore than 2023-06-19
star this property answer text <p>The Chief Secretary to the Treasury spoke to supermarket representatives on 11 May 2023, and the Chancellor of the Exchequer met with food manufacturers on 23 May 2023 about the cost of food in the UK.</p><p> </p><p>The Competition and Markets Authority announced on 15 May 2023 that it would conduct further work in the grocery sector to understand whether any failure in competition is contributing to grocery prices being higher than they would be in a well-functioning market. Once published, the Government will consider the Competition and Markets Authority’s findings.</p> more like this
unstar this property answering member printed Baroness Penn more like this
star this property question first answered
less than 2023-06-19T14:40:06.127Zmore like thismore than 2023-06-19T14:40:06.127Z
unstar this property answering member
4726
star this property label Biography information for Baroness Penn more like this
star this property tabling member
1251
star this property label Biography information for Lord Naseby remove filter
1640212
star this property registered interest false more like this
star this property date less than 2023-05-24more like thismore than 2023-05-24
star this property answering body
Treasury more like this
star this property answering dept id 14 more like this
star this property answering dept short name Treasury remove filter
star this property answering dept sort name Treasury more like this
star this property hansard heading Cryptocurrencies: Cash Dispensing more like this
unstar this property house id 2 more like this
star this property legislature
25277
star this property pref label House of Lords more like this
star this property question text To ask His Majesty's Government what steps they are taking to ensure all illegal crypto ATMs are removed from retailers. more like this
star this property tabling member printed
Lord Naseby more like this
unstar this property uin HL8100 more like this
star this property answer
answer
unstar this property is ministerial correction false more like this
star this property date of answer less than 2023-06-08more like thismore than 2023-06-08
star this property answer text <p>Cryptoasset exchange providers, which includes Crypto ATM operators, in the UK must be registered with the FCA and comply with the UK Money Laundering Regulations (MLRs). None of the cryptoasset firms registered with the FCA have been approved to offer crypto ATM services, meaning that any of them operating in the UK are doing so illegally.</p><p> </p><p>The FCA has previously warned operators of crypto ATMs in the UK to shut their machines down or face enforcement action. Additionally, the FCA publishes a list of cryptoasset businesses that it suspects are operating without registration to help firms and customers make sure they only deal with registered firms.</p><p> </p><p>The FCA works with the National Economic Crime Centre to plan and coordinate action with law enforcement partners in relation to operators of illegal crypto ATMs. Recently it has used its powers to inspect sites in Exeter, Nottingham and Sheffield suspected of hosting illegally operated crypto ATMs. This action follows the FCA’s inspection of several sites in East London and Leeds that were suspected of hosting unregistered crypto ATMs and is part of a continued crackdown on this illicit sector.</p><p> </p><p>The FCA contact centre is the point of contact for people wishing to report Crypto ATMs. Contact details can be found on the FCA website in the ‘Contact Us’ section.</p>
unstar this property answering member printed Baroness Penn more like this
star this property question first answered
less than 2023-06-08T11:09:39.89Zmore like thismore than 2023-06-08T11:09:39.89Z
unstar this property answering member
4726
star this property label Biography information for Baroness Penn more like this
star this property tabling member
1251
star this property label Biography information for Lord Naseby remove filter
1230921
star this property registered interest false more like this
star this property date less than 2020-09-02more like thismore than 2020-09-02
star this property answering body
Treasury more like this
star this property answering dept id 14 more like this
star this property answering dept short name Treasury remove filter
star this property answering dept sort name Treasury more like this
star this property hansard heading Treasury: Staff more like this
unstar this property house id 2 more like this
star this property legislature
25277
star this property pref label House of Lords more like this
star this property question text To ask Her Majesty's Government what percentage of Her Majesty's Treasury staff based in central London were working from their office desks on 2 September. more like this
star this property tabling member printed
Lord Naseby more like this
unstar this property uin HL7692 more like this
star this property answer
answer
unstar this property is ministerial correction false more like this
star this property date of answer less than 2020-09-16more like thismore than 2020-09-16
star this property answer text <p>HM Treasury does not hold this information.</p> more like this
unstar this property answering member printed Lord Agnew of Oulton more like this
star this property question first answered
less than 2020-09-16T15:33:01.323Zmore like thismore than 2020-09-16T15:33:01.323Z
unstar this property answering member
4689
star this property label Biography information for Lord Agnew of Oulton more like this
star this property tabling member
1251
star this property label Biography information for Lord Naseby remove filter
1453838
star this property registered interest false more like this
star this property date less than 2022-03-23more like thismore than 2022-03-23
star this property answering body
Treasury more like this
star this property answering dept id 14 more like this
star this property answering dept short name Treasury remove filter
star this property answering dept sort name Treasury more like this
star this property hansard heading Revenue and Customs: Politically Exposed Persons more like this
unstar this property house id 2 more like this
star this property legislature
25277
star this property pref label House of Lords more like this
star this property question text To ask Her Majesty's Government what assessment they have made of the quality of service provided to politically exposed persons by HM Revenue and Customs; and in particular of its responsiveness to telephone calls from such persons. more like this
star this property tabling member printed
Lord Naseby more like this
unstar this property uin HL7292 more like this
star this property answer
answer
unstar this property is ministerial correction false more like this
star this property date of answer less than 2022-04-05more like thismore than 2022-04-05
star this property answer text <p>HMRC constantly reviews the quality of the service provided to this helpline in real time, with resources redeployed when necessary.</p><p> </p><p>Currently, the part of HMRC that deals with politically exposed customers has a service response rate of almost 50 per cent faster than the national average.</p><p> </p><p>In the week ending 20 March 2022, less than 2 per cent of calls to this line were abandoned and/or received busy messages.</p> more like this
unstar this property answering member printed Baroness Penn more like this
star this property question first answered
less than 2022-04-05T13:45:43.4Zmore like thismore than 2022-04-05T13:45:43.4Z
unstar this property answering member
4726
star this property label Biography information for Baroness Penn more like this
star this property tabling member
1251
star this property label Biography information for Lord Naseby remove filter
1419351
star this property registered interest false more like this
star this property date less than 2022-02-02more like thismore than 2022-02-02
star this property answering body
Treasury more like this
star this property answering dept id 14 more like this
star this property answering dept short name Treasury remove filter
star this property answering dept sort name Treasury more like this
star this property hansard heading Individual Savings Accounts more like this
unstar this property house id 2 more like this
star this property legislature
25277
star this property pref label House of Lords more like this
star this property question text To ask Her Majesty's Government when they propose to uplift the maximum property allowance for Lifetime ISAs from the current cap of £450,000, set in April 2017. more like this
star this property tabling member printed
Lord Naseby more like this
unstar this property uin HL5883 more like this
star this property answer
answer
unstar this property is ministerial correction false more like this
star this property date of answer less than 2022-02-09more like thismore than 2022-02-09
star this property answer text <p>The Lifetime ISA is intended to support younger people saving for their first home or for later life by offering a generous government bonus of 25% on up to £4,000 of savings each year. These funds, including the government bonus, can be used to purchase a first home up to the value of £450,000.</p><p> </p><p>The Government considers that the £450,000 price cap remains suitable to support the majority of first-time buyers across the UK who typically purchase less expensive properties than other buyers.</p><p> </p><p>The most recent Office for Budget Responsibility forecast stated that bonus payments will have an exchequer cost of £3.7 billion between 2021 and 2027. The price cap ensures that this significant investment of public money is more precisely targeted towards households that may find it more difficult to get onto the property ladder.</p><p> </p><p>First-time buyers who can purchase a home valued over £450,000 are likely to have an income significantly above that of the average household in the UK and are therefore more likely to be able to purchase a first home without the support of this scheme.</p><p> </p><p>The Government continues to keep all aspects of savings policy under review.</p>
unstar this property answering member printed Baroness Penn more like this
star this property question first answered
less than 2022-02-09T16:23:03.413Zmore like thismore than 2022-02-09T16:23:03.413Z
unstar this property answering member
4726
star this property label Biography information for Baroness Penn more like this
star this property tabling member
1251
star this property label Biography information for Lord Naseby remove filter
1586021
star this property registered interest false more like this
star this property date less than 2023-02-09more like thismore than 2023-02-09
star this property answering body
Treasury more like this
star this property answering dept id 14 more like this
star this property answering dept short name Treasury remove filter
star this property answering dept sort name Treasury more like this
star this property hansard heading Individual savings accounts more like this
unstar this property house id 2 more like this
star this property legislature
25277
star this property pref label House of Lords more like this
star this property question text To ask His Majesty's Government what plans they have to raise the £410,000 Lifetime ISA (LISA) limit to £607,500 to reflect average house price growth in the UK since 2017. more like this
star this property tabling member printed
Lord Naseby more like this
unstar this property uin HL5614 more like this
star this property answer
answer
unstar this property is ministerial correction false more like this
star this property date of answer less than 2023-02-22more like thismore than 2023-02-22
star this property 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>The Lifetime ISA is intended to support younger people saving for their first home or for later life by offering a generous government bonus of 25% on up to £4,000 of savings each year. These funds, including the government bonus, can be used to purchase a first home up to the value of £450,000.</p><p> </p><p>The Government keeps all elements of the Lifetime ISA under review, as it does all aspects of the tax system.</p> more like this
unstar this property answering member printed Baroness Penn more like this
star this property grouped question UIN HL5613 more like this
star this property question first answered
less than 2023-02-22T14:19:02.763Zmore like thismore than 2023-02-22T14:19:02.763Z
unstar this property answering member
4726
star this property label Biography information for Baroness Penn more like this
star this property tabling member
1251
star this property label Biography information for Lord Naseby remove filter
1586020
star this property registered interest false more like this
star this property date less than 2023-02-09more like thismore than 2023-02-09
star this property answering body
Treasury more like this
star this property answering dept id 14 more like this
star this property answering dept short name Treasury remove filter
star this property answering dept sort name Treasury more like this
star this property hansard heading Individual Savings Accounts more like this
unstar this property house id 2 more like this
star this property legislature
25277
star this property pref label House of Lords more like this
star this property question text To ask His Majesty's Government what plans they have to allow savers to use Lifetime ISA (LISA) monies without penalty to buy a home of a value that would otherwise incur a penalty when the money was withdrawn. more like this
star this property tabling member printed
Lord Naseby more like this
unstar this property uin HL5613 more like this
star this property answer
answer
unstar this property is ministerial correction false more like this
star this property date of answer less than 2023-02-22more like thismore than 2023-02-22
star this property 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>The Lifetime ISA is intended to support younger people saving for their first home or for later life by offering a generous government bonus of 25% on up to £4,000 of savings each year. These funds, including the government bonus, can be used to purchase a first home up to the value of £450,000.</p><p> </p><p>The Government keeps all elements of the Lifetime ISA under review, as it does all aspects of the tax system.</p> more like this
unstar this property answering member printed Baroness Penn more like this
star this property grouped question UIN HL5614 more like this
star this property question first answered
less than 2023-02-22T14:19:02.73Zmore like thismore than 2023-02-22T14:19:02.73Z
unstar this property answering member
4726
star this property label Biography information for Baroness Penn more like this
star this property tabling member
1251
star this property label Biography information for Lord Naseby remove filter
1201029
star this property registered interest false more like this
star this property date less than 2020-06-08more like thismore than 2020-06-08
star this property answering body
Treasury more like this
star this property answering dept id 14 more like this
star this property answering dept short name Treasury remove filter
star this property answering dept sort name Treasury more like this
star this property hansard heading Construction: VAT more like this
unstar this property house id 2 more like this
star this property legislature
25277
star this property pref label House of Lords more like this
star this property question text Her Majesty's Government what plans they have to review the implementation of the forthcoming VAT reverse charge for construction services as a result of the COVID-19 pandemic. more like this
star this property tabling member printed
Lord Naseby more like this
unstar this property uin HL5401 more like this
star this property answer
answer
unstar this property is ministerial correction false more like this
star this property date of answer less than 2020-06-22more like thismore than 2020-06-22
star this property answer text <p>In light of the impact of the COVID-19 pandemic on the construction sector, the Government has decided to delay the introduction of the VAT domestic reverse charge for building and construction services, to 1 March 2021.</p> more like this
unstar this property answering member printed Lord Agnew of Oulton more like this
star this property question first answered
less than 2020-06-22T13:07:54.92Zmore like thismore than 2020-06-22T13:07:54.92Z
unstar this property answering member
4689
star this property label Biography information for Lord Agnew of Oulton more like this
star this property tabling member
1251
star this property label Biography information for Lord Naseby remove filter
222807
star this property registered interest false more like this
star this property date less than 2015-02-23more like thismore than 2015-02-23
star this property answering body
HM Treasury more like this
star this property answering dept id 14 more like this
star this property answering dept short name Treasury remove filter
star this property answering dept sort name Treasury more like this
star this property hansard heading Child Trust Fund more like this
unstar this property house id 2 more like this
star this property legislature
25277
star this property pref label House of Lords more like this
star this property question text To ask Her Majesty’s Government whether they expect to issue the detailed guidance to parents and guardians concerning the transfer of Child Trust Fund Accounts to Junior ISAs. more like this
star this property tabling member printed
Lord Naseby more like this
unstar this property uin HL5148 more like this
star this property answer
answer
unstar this property is ministerial correction false more like this
star this property date of answer less than 2015-03-04more like thismore than 2015-03-04
star this property answer text <p>The Government is currently legislating to permit the transfer of funds from a Child Trust Fund to a Junior ISA from 6 April. Parents and guardians will be able to access information concerning transfers at GOV.UK, as well as from account providers and consumer advice websites and organisations in due course.</p><p> </p> more like this
unstar this property answering member printed Lord Deighton more like this
star this property question first answered
less than 2015-03-04T14:09:49Zmore like thismore than 2015-03-04T14:09:49Z
unstar this property answering member
4262
star this property label Biography information for Lord Deighton more like this
star this property tabling member
1251
star this property label Biography information for Lord Naseby remove filter