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1145897

	registered interest
	date	25/09/2019
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Financial Institutions: Investment
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Chancellor of the Exchequer, what plans he has to encourage financial institutions to adopt investment policies which consider (a) human and (b) labour rights.
	tabling member constituency	Birmingham, Edgbaston
	tabling member printed	Preet Kaur Gill
	uin	291068
	answer	answer is ministerial correction date of answer 03/10/2019 answer text <p>The government is committed to enhancing the stewardship role of financial institutions, in particular asset managers. This includes their responsibility to monitor and actively engage with the companies they invest in and hold such companies to account on material issues.</p><p> </p><p>The Financial Reporting Council (FRC) has consulted on a revised Stewardship Code which will set high expectations on institutional investors about how they allocate, manage and oversee capital on behalf of their beneficiaries and clients. Signatories will need to report on how they have considered material environmental, social and governance (ESG) factors, and how directors of the companies they invest in have applied section 172 of the Companies Act, in their investment and stewardship decision-making. The revised Code will be published later in 2019.</p><p> </p><p>The Financial Conduct Authority (FCA) and the FRC have also published a joint discussion on paper on stewardship, which seeks to advance the debate about what effective stewardship should look like, what the minimum expectations should be for financial services firms who invest for clients and beneficiaries, the standards the UK should aspire to and how these might best be achieved. The discussion paper closed on 30 April and the FCA and FRC will publish a feedback statement later in the financial year 2019/20.</p><p> </p><p>Government is also committed to ensuring that individuals are able to invest in line with their values and has supported the establishment of the Impact Investing Institute and the Green Finance Institute, which will aim to bring such investments into the mainstream.</p> answering member constituency Salisbury answering member printed John Glen question first answered 03/10/2019 18:09:40 answering member 4051 label Biography information for John Glen
	tabling member	4603 label Biography information for Preet Kaur Gill

1148772

	registered interest
	date	14/10/2019
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Public Works Loan Board
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Chancellor of the Exchequer, what assessment he has made of the effect of the 1 per cent increase on interest rates of Public Works Loan Board finance on the viability of (a) housebuilding and regeneration schemes and (b) social housing schemes in Birmingham.
	tabling member constituency	Birmingham, Edgbaston
	tabling member printed	Preet Kaur Gill
	uin	277
	answer	answer is ministerial correction date of answer 21/10/2019 answer text <p>In raising interest rates for new loans from the Public Works Loan Board, the Treasury assessed the potential impact on local government capital plans. This increase returned Public Works Loan Board rates to levels that were available in 2018.</p><p> </p><p>The Government will continue to work with individual authorities on a case-by-case basis if they raise concerns over their finance position.</p> answering member constituency Salisbury answering member printed John Glen grouped question UIN 278 question first answered 21/10/2019 14:44:23 answering member 4051 label Biography information for John Glen
	tabling member	4603 label Biography information for Preet Kaur Gill

1148773

	registered interest
	date	14/10/2019
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Public Works Loan Board
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Chancellor of the Exchequer, what assessment he has made of the effect of the 1 per cent increase on interest rates on Public Works Loan Board finance on local council (a) housebuilding and regeneration schemes, (b) school building and maintenance, (c) roads and (d) waste facilities.
	tabling member constituency	Birmingham, Edgbaston
	tabling member printed	Preet Kaur Gill
	uin	278
	answer	answer is ministerial correction date of answer 21/10/2019 answer text <p>In raising interest rates for new loans from the Public Works Loan Board, the Treasury assessed the potential impact on local government capital plans. This increase returned Public Works Loan Board rates to levels that were available in 2018.</p><p> </p><p>The Government will continue to work with individual authorities on a case-by-case basis if they raise concerns over their finance position.</p> answering member constituency Salisbury answering member printed John Glen grouped question UIN 277 question first answered 21/10/2019 14:44:23 answering member 4051 label Biography information for John Glen
	tabling member	4603 label Biography information for Preet Kaur Gill

1180573

	registered interest
	date	25/02/2020
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Off-payroll Working
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Chancellor of the Exchequer, whether the off-payroll review has concluded; and when the outcome of that review will be published.
	tabling member constituency	Birmingham, Edgbaston
	tabling member printed	Preet Kaur Gill
	uin	20641
	answer	answer is ministerial correction date of answer 04/03/2020 answer text <p>The Government launched a review of reform to the off-payroll working rules on 7 January 2020 to determine if there were further steps that could be taken to ensure the smooth and successful implementation of the reform, which will come into force in April 2020.</p><p> </p><p>The review of the off-payroll working reform has now concluded and the outcome of the review was published on 27 February 2020.</p> answering member constituency Hereford and South Herefordshire answering member printed Jesse Norman question first answered 04/03/2020 16:17:38 answering member 3991 label Biography information for Jesse Norman
	tabling member	4603 label Biography information for Preet Kaur Gill

1181890

	registered interest
	date	02/03/2020
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Motor Vehicles: Excise Duties
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Chancellor of the Exchequer, what assessment he has made of the effect of changes to Vehicle Excise Duty and the £40,000 list price premium on the second-hand car market for (a) zero- or low-emission cars and (b) petrol or diesel cars.
	tabling member constituency	Birmingham, Edgbaston
	tabling member printed	Preet Kaur Gill
	uin	23585
	answer	answer is ministerial correction date of answer 10/03/2020 answer text <p>VED is designed to incentivise the uptake of cars with low carbon dioxide emissions. Zero-emission cars pay neither first year VED, nor the standard rate in subsequent years.</p><p> </p><p>The ‘expensive car supplement’ is designed to ensure people who can afford the most expensive cars pay more than the standard rate imposed on other drivers.</p><p> </p><p>All taxes remain under review. Any changes will be considered by the Chancellor and announced at fiscal events.</p> answering member constituency Hereford and South Herefordshire answering member printed Jesse Norman grouped question UIN 23597 question first answered 10/03/2020 10:34:34 answering member 3991 label Biography information for Jesse Norman
	tabling member	4603 label Biography information for Preet Kaur Gill

1181902

	registered interest
	date	02/03/2020
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Motor Vehicles: Excise Duties
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Chancellor of the Exchequer, what assessment he has made of appropriateness of the level of VED's £40,000 list price premium in incentivising the purchase of zero and low emission vehicles.
	tabling member constituency	Birmingham, Edgbaston
	tabling member printed	Preet Kaur Gill
	uin	23597
	answer	answer is ministerial correction date of answer 10/03/2020 answer text <p>VED is designed to incentivise the uptake of cars with low carbon dioxide emissions. Zero-emission cars pay neither first year VED, nor the standard rate in subsequent years.</p><p> </p><p>The ‘expensive car supplement’ is designed to ensure people who can afford the most expensive cars pay more than the standard rate imposed on other drivers.</p><p> </p><p>All taxes remain under review. Any changes will be considered by the Chancellor and announced at fiscal events.</p> answering member constituency Hereford and South Herefordshire answering member printed Jesse Norman grouped question UIN 23585 question first answered 10/03/2020 10:34:34 answering member 3991 label Biography information for Jesse Norman
	tabling member	4603 label Biography information for Preet Kaur Gill

1186102

	registered interest
	date	18/03/2020
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Mortgages: Coronavirus
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Chancellor of the Exchequer, with reference to his oral contribution of 17 March 2020, Official Report column 931, what estimate he has made of the number of households that will be eligible for the proposed mortgage holiday.
	tabling member constituency	Birmingham, Edgbaston
	tabling member printed	Preet Kaur Gill
	uin	31548
	answer	answer is ministerial correction date of answer 23/03/2020 answer text <p>Banks and building societies are ready and able to support consumers impacted by COVID-19. On the 17 March, the Chancellor announced on behalf of the sector that banks and building societies will offer a 3-month ‘mortgage holiday’ for borrowers that are financially struggling with heir repayments. This forbearance measure will enable affected borrowers to defer their mortgage payments for up to 3 months while they get back on their feet.</p><p> </p><p>The option of a mortgage repayment holiday will be open to any customer who is up-to-date with their repayments and not already in arrears. Any customer who is concerned about their current financial situation can get in touch with their lender at the earliest possible opportunity to discuss the best option for their them.</p><p> </p><p> </p> answering member constituency Salisbury answering member printed John Glen question first answered 23/03/2020 14:32:20 answering member 4051 label Biography information for John Glen
	tabling member	4603 label Biography information for Preet Kaur Gill

1187809

	registered interest
	date	25/03/2020
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Zero Hours Contracts: Coronavirus
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Chancellor of the Exchequer, what steps he is taking to ensure that all employees on zero-hours contracts receive 80 percent of their normal salary while they are unable to work during the covid-19 outbreak.
	tabling member constituency	Birmingham, Edgbaston
	tabling member printed	Preet Kaur Gill
	uin	35025
	answer	answer is ministerial correction date of answer 27/04/2020 answer text <p>The Government is seeking to protect, as far as possible, people’s jobs and incomes. The Coronavirus Job Retention Scheme is open to individuals on any contract type who were on an employer’s PAYE payroll on 19 March 2020, including zero-hour contract workers. Full details on eligibility and how the grant is calculated for individuals with variable pay can be found in the guidance available at <a href="https://www.gov.uk/guidance/claim-for-wage-costs-through-the-coronavirus-job-retention-scheme" target="_blank">www.gov.uk/guidance/claim-for-wage-costs-through-the-coronavirus-job-retention-scheme</a>.</p> answering member constituency Hereford and South Herefordshire answering member printed Jesse Norman question first answered 27/04/2020 07:47:06 answering member 3991 label Biography information for Jesse Norman
	tabling member	4603 label Biography information for Preet Kaur Gill

1187824

	registered interest
	date	25/03/2020
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Self-assessment
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Chancellor of the Exchequer, if he will delay the deadline for payments for people who are self-employed and pay tax through payment on account for the tax year 2020-21.
	tabling member constituency	Birmingham, Edgbaston
	tabling member printed	Preet Kaur Gill
	uin	35029
	answer	answer is ministerial correction date of answer 27/04/2020 answer text <p>Initial Self-Assessment payments for the 2020-21 tax year are not due until January 2021. However, some tax payments for the 2019-20 tax year would normally be due in July 2020.</p><p> </p><p>The Government has taken immediate and unprecedented action to support small businesses and the self-employed with their finances, including deferring any Self-Assessment payments due this July to January 2021.</p><p> </p><p>The Government has also announced the Self-Employment Income Support Scheme (SEISS), which will provide grants to self-employed individuals or partnerships worth 80% of their profits up to a cap of £2,500 per month. The minimum income floor for Universal Credit has been temporarily removed, ensuring self-employed claimants can benefit fully if their income has fallen. Further information about dedicated COVID-19 support for the self-employed can be found by visiting the GOV.UK website.</p> answering member constituency Hereford and South Herefordshire answering member printed Jesse Norman question first answered 27/04/2020 07:53:02 answering member 3991 label Biography information for Jesse Norman
	tabling member	4603 label Biography information for Preet Kaur Gill

1188940

	registered interest
	date	21/04/2020
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Self-employment Income Support Scheme
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Chancellor of the Exchequer, what assessment he has made of the potential merits of lowering the 50 per cent threshold for the proportion of applicants' income that must come from self-employment in order to access the Self-Employed Income Support Scheme.
	tabling member constituency	Birmingham, Edgbaston
	tabling member printed	Preet Kaur Gill
	uin	38498
	answer	answer is ministerial correction date of answer 01/05/2020 answer text <p>The grant is only available to those whose trading profit makes up 50% of their total income or more, because this scheme aims to provide financial support to those who rely on self-employment as their main source of income. Many individuals earn small amounts of income from self-employment in addition to income from employment and other sources.</p><p>These individuals may benefit from other policies such as the Coronavirus Job Retention Scheme. Full guidance can be found at: <a href="http://www.gov.uk/guidance/claim-for-wage-costs-through-the-coronavirus-job-retention-scheme" target="_blank">www.gov.uk/guidance/claim-for-wage-costs-through-the-coronavirus-job-retention-scheme</a>.</p><p> </p><p>The SEISS supplements the significant support already announced for UK businesses, including the Coronavirus Business Interruption Loan Scheme and the deferral of tax payments. More information about the full range of business support measures is available at <a href="http://www.businesssupport.gov.uk/coronavirus-business-support/" target="_blank">www.businesssupport.gov.uk/coronavirus-business-support/</a>.</p> answering member constituency Hereford and South Herefordshire answering member printed Jesse Norman question first answered 01/05/2020 13:08:35 answering member 3991 label Biography information for Jesse Norman
	tabling member	4603 label Biography information for Preet Kaur Gill