Monetary policy is the responsibility of the independent Monetary Policy Committee of the Bank of England. This includes decisions on the Bank Rate.<\/p>
<\/p>
The Treasury meet with the Bank of England regularly to discuss their assessment of the economy and financial services. This includes regular meetings between the Chancellor and the Governor of the Bank of England.<\/p>
<\/p>"} , "answeringMember" : {"_about" : "http://data.parliament.uk/members/4639", "label" : {"_value" : "Biography information for Bim Afolami"} } , "answeringMemberConstituency" : {"_value" : "Hitchin and Harpenden"} , "answeringMemberPrinted" : {"_value" : "Bim Afolami"} , "dateOfAnswer" : {"_value" : "2024-04-29", "_datatype" : "dateTime"} , "isMinisterialCorrection" : {"_value" : "false", "_datatype" : "boolean"} , "questionFirstAnswered" : [{"_value" : "2024-04-29T14:37:35.79Z", "_datatype" : "dateTime"} ]} , "answeringDeptId" : {"_value" : "14"} , "answeringDeptShortName" : {"_value" : "Treasury"} , "answeringDeptSortName" : {"_value" : "Treasury"} , "date" : {"_value" : "2024-04-24", "_datatype" : "dateTime"} , "hansardHeading" : {"_value" : "Interest Rates"} , "houseId" : {"_value" : "1"} , "legislature" : [{"_about" : "http://data.parliament.uk/terms/25259", "prefLabel" : {"_value" : "House of Commons"} } ], "questionText" : "To ask the Chancellor of the Exchequer, what recent discussions he has had with the Bank of England on bank rates.", "registeredInterest" : {"_value" : "false", "_datatype" : "boolean"} , "tablingMember" : {"_about" : "http://data.parliament.uk/members/4131", "label" : {"_value" : "Biography information for Jim Shannon"} } , "tablingMemberConstituency" : {"_value" : "Strangford"} , "tablingMemberPrinted" : [{"_value" : "Jim Shannon"} ], "uin" : "23479"} , {"_about" : "http://data.parliament.uk/resources/1713404", "AnsweringBody" : [{"_value" : "Treasury"} ], "answer" : {"_about" : "http://data.parliament.uk/resources/1713404/answer", "answerText" : {"_value" : "
As with all aspects of the tax system, the Government keeps the Personal Allowance under review and any decisions on future changes will be taken by the Chancellor in the context of the wider public finances.<\/p>"} , "answeringMember" : {"_about" : "http://data.parliament.uk/members/4407", "label" : {"_value" : "Biography information for Nigel Huddleston"} } , "answeringMemberConstituency" : {"_value" : "Mid Worcestershire"} , "answeringMemberPrinted" : {"_value" : "Nigel Huddleston"} , "dateOfAnswer" : {"_value" : "2024-04-29", "_datatype" : "dateTime"} , "isMinisterialCorrection" : {"_value" : "false", "_datatype" : "boolean"} , "questionFirstAnswered" : [{"_value" : "2024-04-29T14:33:33.63Z", "_datatype" : "dateTime"} ]} , "answeringDeptId" : {"_value" : "14"} , "answeringDeptShortName" : {"_value" : "Treasury"} , "answeringDeptSortName" : {"_value" : "Treasury"} , "date" : {"_value" : "2024-04-24", "_datatype" : "dateTime"} , "hansardHeading" : {"_value" : "Pensioners: Tax Allowances"} , "houseId" : {"_value" : "1"} , "legislature" : [{"_about" : "http://data.parliament.uk/terms/25259", "prefLabel" : {"_value" : "House of Commons"} } ], "questionText" : "To ask the Chancellor of the Exchequer, if he will make an assessment of the potential merits of increasing the personal allowance threshold for pensioners to £15,000.", "registeredInterest" : {"_value" : "false", "_datatype" : "boolean"} , "tablingMember" : {"_about" : "http://data.parliament.uk/members/473", "label" : {"_value" : "Biography information for Sir Mark Hendrick"} } , "tablingMemberConstituency" : {"_value" : "Preston"} , "tablingMemberPrinted" : [{"_value" : "Sir Mark Hendrick"} ], "uin" : "23388"} , {"_about" : "http://data.parliament.uk/resources/1713414", "AnsweringBody" : [{"_value" : "Treasury"} ], "answer" : {"_about" : "http://data.parliament.uk/resources/1713414/answer", "answerText" : {"_value" : "
(a)<\/p>
Please see: https://www.gov.uk/government/publications/reporting-rules-for-digital-platforms/reporting-rules-for-digital-platforms<\/a><\/p> <\/p> (b)<\/p> Please see:<\/p> https://www.gov.uk/government/publications/autumn-statement-2023/autumn-statement-2023-html#policy-decisions<\/a><\/p>"}
, "answeringMember" : {"_about" : "http://data.parliament.uk/members/4407", "label" : {"_value" : "Biography information for Nigel Huddleston"}
}
, "answeringMemberConstituency" : {"_value" : "Mid Worcestershire"}
, "answeringMemberPrinted" : {"_value" : "Nigel Huddleston"}
, "dateOfAnswer" : {"_value" : "2024-04-30", "_datatype" : "dateTime"}
, "isMinisterialCorrection" : {"_value" : "false", "_datatype" : "boolean"}
, "questionFirstAnswered" : [{"_value" : "2024-04-30T11:27:16.467Z", "_datatype" : "dateTime"}
]}
, "answeringDeptId" : {"_value" : "14"}
, "answeringDeptShortName" : {"_value" : "Treasury"}
, "answeringDeptSortName" : {"_value" : "Treasury"}
, "date" : {"_value" : "2024-04-24", "_datatype" : "dateTime"}
, "hansardHeading" : {"_value" : "Sharing Economy: Taxation"}
, "houseId" : {"_value" : "1"}
, "legislature" : [{"_about" : "http://data.parliament.uk/terms/25259", "prefLabel" : {"_value" : "House of Commons"}
}
], "questionText" : "To ask the Chancellor of the Exchequer, if he will make an assessment of the potential impact of the model rules for reporting by platform operators with respect to sellers in the sharing and gig economy on (a) costs to HMRC and (b) tax revenues.", "registeredInterest" : {"_value" : "false", "_datatype" : "boolean"}
, "tablingMember" : {"_about" : "http://data.parliament.uk/members/4107", "label" : {"_value" : "Biography information for Dame Harriett Baldwin"}
}
, "tablingMemberConstituency" : {"_value" : "West Worcestershire"}
, "tablingMemberPrinted" : [{"_value" : "Dame Harriett Baldwin"}
], "uin" : "23475"}
, {"_about" : "http://data.parliament.uk/resources/1713415", "AnsweringBody" : [{"_value" : "Treasury"}
], "answer" : {"_about" : "http://data.parliament.uk/resources/1713415/answer", "answerText" : {"_value" : " (a)<\/p> Please see:<\/p> https://obr.uk/download/policy-measures-database-6/?tmstv=1714126499<\/a><\/p> <\/p> <\/p> (b)<\/p> Please see:<\/p> https://www.gov.uk/government/publications/autumn-statement-2023/autumn-statement-2023-html#policy-decisions<\/a><\/p>"}
, "answeringMember" : {"_about" : "http://data.parliament.uk/members/4407", "label" : {"_value" : "Biography information for Nigel Huddleston"}
}
, "answeringMemberConstituency" : {"_value" : "Mid Worcestershire"}
, "answeringMemberPrinted" : {"_value" : "Nigel Huddleston"}
, "dateOfAnswer" : {"_value" : "2024-04-30", "_datatype" : "dateTime"}
, "isMinisterialCorrection" : {"_value" : "false", "_datatype" : "boolean"}
, "questionFirstAnswered" : [{"_value" : "2024-04-30T11:29:51.527Z", "_datatype" : "dateTime"}
]}
, "answeringDeptId" : {"_value" : "14"}
, "answeringDeptShortName" : {"_value" : "Treasury"}
, "answeringDeptSortName" : {"_value" : "Treasury"}
, "date" : {"_value" : "2024-04-24", "_datatype" : "dateTime"}
, "hansardHeading" : {"_value" : "Sharing Economy: Taxation"}
, "houseId" : {"_value" : "1"}
, "legislature" : [{"_about" : "http://data.parliament.uk/terms/25259", "prefLabel" : {"_value" : "House of Commons"}
}
], "questionText" : "To ask the Chancellor of the Exchequer, whether he has received recent projections from the Office for Budget Responsibility on the potential impact of the model rules for reporting by platform operators with respect to sellers in the sharing and gig economy on (a) costs to HMRC and (b) tax revenues.", "registeredInterest" : {"_value" : "false", "_datatype" : "boolean"}
, "tablingMember" : {"_about" : "http://data.parliament.uk/members/4107", "label" : {"_value" : "Biography information for Dame Harriett Baldwin"}
}
, "tablingMemberConstituency" : {"_value" : "West Worcestershire"}
, "tablingMemberPrinted" : [{"_value" : "Dame Harriett Baldwin"}
], "uin" : "23476"}
, {"_about" : "http://data.parliament.uk/resources/1713494", "AnsweringBody" : [{"_value" : "Treasury"}
], "answer" : {"_about" : "http://data.parliament.uk/resources/1713494/answer", "answerText" : {"_value" : " HMRC spend on consultancy is reported in HMRC Annual Report and Accounts published on GOV.UK. Consultancy spend for the last 5 five years can be accessed from these links:<\/p> HMRC annual report and accounts: 2018 to 2019 - GOV.UK (www.gov.uk)<\/a> HMRC Annual Report and Accounts 2018 to 2019 (Print). Page 128.<\/p> HMRC annual report and accounts: 2019 to 2020 - GOV.UK (www.gov.uk)<\/a> HMRC Annual Report and Accounts 2019 to 2020 (Print). Page 140.<\/p> HMRC annual report and accounts: 2020 to 2021 - GOV.UK (www.gov.uk)<\/a> HMRC Annual Report and Accounts 2020 to 2021 (Print). Page 171.<\/p>