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1088278
star this property registered interest false more like this
star this property date less than 2019-03-13more like thismore than 2019-03-13
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 more like this
unstar this property answering dept sort name Treasury more like this
star this property hansard heading Business: West Midlands more like this
star this property house id 1 more like this
star this property legislature
25259
unstar this property pref label House of Commons more like this
star this property question text To ask the Chancellor of the Exchequer, what assessment he has made of the potential economic effect on businesses in the West Midlands of the proposals set out in the Tax Information and Impact Note for the UK Tariff 2019. more like this
star this property tabling member constituency Birmingham, Edgbaston more like this
star this property tabling member printed
Preet Kaur Gill more like this
star this property uin 232080 more like this
star this property answer
answer
star this property is ministerial correction false more like this
star this property date of answer less than 2019-03-18more like thisremove minimum value filter
star this property answer text <p>The temporary tariff regime has been designed with the aim of minimising disruption across the UK. The Government believes the policy strikes the right balance between avoiding high adjustment costs and protecting businesses from unfair trade in some sectors, and liberalising tariffs to maintain current supply chains and to avoid an increase in consumer prices.</p><p> </p><p>The impacts on businesses in the West Midlands stemming from this policy will depend on firms’ reliance on imports from the EU and the extent to which they are already exposed to competition from the rest of the world. For some businesses, there will be potential benefits in terms of not having tariffs imposed on imports from the EU (as is currently the case), particularly where businesses rely on EU goods as inputs or as final goods for sale. However, for other businesses, lowering the UK’s tariffs could expose them to greater levels of competition from the rest of the world, which may create adjustment costs for these firms.</p><p> </p><p>This is a temporary policy that will apply for up to 12 months in the event of no deal. During this temporary period, a full review, including a public consultation, would be undertaken in order to develop a permanent tariff regime.</p>
star this property answering member constituency Central Devon more like this
star this property answering member printed Mel Stride remove filter
star this property grouped question UIN 232081 more like this
star this property question first answered
less than 2019-03-18T16:04:47.947Zmore like thismore than 2019-03-18T16:04:47.947Z
star this property answering member
3935
star this property label Biography information for Mel Stride more like this
star this property tabling member
4603
star this property label Biography information for Preet Kaur Gill remove filter
1088280
star this property registered interest false more like this
star this property date less than 2019-03-13more like thismore than 2019-03-13
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 more like this
unstar this property answering dept sort name Treasury more like this
star this property hansard heading Business: West Midlands more like this
star this property house id 1 more like this
star this property legislature
25259
unstar this property pref label House of Commons more like this
star this property question text To ask the Chancellor of the Exchequer, what assessment he has made of the potential economic effect on businesses in the West Midlands of the provisions in the Tax Information and Impact Note for the UK Tariff 2019. more like this
star this property tabling member constituency Birmingham, Edgbaston more like this
star this property tabling member printed
Preet Kaur Gill more like this
star this property uin 232081 more like this
star this property answer
answer
star this property is ministerial correction false more like this
star this property date of answer less than 2019-03-18more like thisremove minimum value filter
star this property answer text <p>The temporary tariff regime has been designed with the aim of minimising disruption across the UK. The Government believes the policy strikes the right balance between avoiding high adjustment costs and protecting businesses from unfair trade in some sectors, and liberalising tariffs to maintain current supply chains and to avoid an increase in consumer prices.</p><p> </p><p>The impacts on businesses in the West Midlands stemming from this policy will depend on firms’ reliance on imports from the EU and the extent to which they are already exposed to competition from the rest of the world. For some businesses, there will be potential benefits in terms of not having tariffs imposed on imports from the EU (as is currently the case), particularly where businesses rely on EU goods as inputs or as final goods for sale. However, for other businesses, lowering the UK’s tariffs could expose them to greater levels of competition from the rest of the world, which may create adjustment costs for these firms.</p><p> </p><p>This is a temporary policy that will apply for up to 12 months in the event of no deal. During this temporary period, a full review, including a public consultation, would be undertaken in order to develop a permanent tariff regime.</p>
star this property answering member constituency Central Devon more like this
star this property answering member printed Mel Stride remove filter
star this property grouped question UIN 232080 more like this
star this property question first answered
less than 2019-03-18T16:04:48.023Zmore like thismore than 2019-03-18T16:04:48.023Z
star this property answering member
3935
star this property label Biography information for Mel Stride more like this
star this property tabling member
4603
star this property label Biography information for Preet Kaur Gill remove filter
1088447
star this property registered interest false more like this
star this property date less than 2019-03-13more like thismore than 2019-03-13
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 more like this
unstar this property answering dept sort name Treasury more like this
star this property hansard heading PAYE more like this
star this property house id 1 more like this
star this property legislature
25259
unstar this property pref label House of Commons more like this
star this property question text To ask the Chancellor of the Exchequer, with reference to paragraph 4.25 of the Office for Budget Responsibility's Economic and Fiscal Outlook, published in March 2019, if he will publish the most recent data by (a) percentile and (b) decile relating to mean total pay. more like this
star this property tabling member constituency Birmingham, Edgbaston more like this
star this property tabling member printed
Preet Kaur Gill more like this
star this property uin 232085 more like this
star this property answer
answer
star this property is ministerial correction false more like this
star this property date of answer less than 2019-03-18more like thisremove minimum value filter
star this property answer text <p>HM Revenue and Customs (HMRC) publishes information on income and tax by percentile groupings in Table 2.4 of their Income Tax statistics and distributions publication, available here: <a href="https://www.gov.uk/government/statistics/shares-of-total-income-before-and-after-tax-and-income-tax-for-percentile-groups" target="_blank">https://www.gov.uk/government/statistics/shares-of-total-income-before-and-after-tax-and-income-tax-for-percentile-groups</a>.</p><p> </p><p>HMRC also releases a publication containing quarterly statistics about pay earnings derived from Real Time Information. These statistics are relatively new and their content is under development.</p> more like this
star this property answering member constituency Central Devon more like this
star this property answering member printed Mel Stride remove filter
star this property question first answered
less than 2019-03-18T16:06:34.52Zmore like thismore than 2019-03-18T16:06:34.52Z
star this property answering member
3935
star this property label Biography information for Mel Stride more like this
star this property tabling member
4603
star this property label Biography information for Preet Kaur Gill remove filter