The Government recognises the challenges many are facing with pressures on household budgets. We are providing support worth over £20 billion across this financial year and next that will help families with the cost of living. This includes cutting the Universal Credit taper rate and increasing work allowances to make sure work pays, freezing alcohol and fuel duties to keep costs down, as well as the £9.1 billion package announced in February 2022 to help households with rising energy bills.<\/p>
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The Government places additional taxes on the extraction of oil and gas, with companies engaged in the production of oil and gas on the UK Continental Shelf subject to headline tax rates on their profits that are currently more than double those paid by other businesses. To date, the sector has paid more than £375 billion in production taxes.<\/p>
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All taxes are kept under review and any changes are considered and announced by the Chancellor.<\/p>"} , "answeringMember" : {"_about" : "http://data.parliament.uk/members/4527", "label" : {"_value" : "Biography information for Helen Whately"} } , "answeringMemberConstituency" : {"_value" : "Faversham and Mid Kent"} , "answeringMemberPrinted" : {"_value" : "Helen Whately"} , "dateOfAnswer" : {"_value" : "2022-03-18", "_datatype" : "dateTime"} , "isMinisterialCorrection" : {"_value" : "false", "_datatype" : "boolean"} , "questionFirstAnswered" : [{"_value" : "2022-03-18T11:12:09.51Z", "_datatype" : "dateTime"} ]} , "answeringDeptId" : {"_value" : "14"} , "answeringDeptShortName" : {"_value" : "Treasury"} , "answeringDeptSortName" : {"_value" : "Treasury"} , "date" : {"_value" : "2022-03-14", "_datatype" : "dateTime"} , "hansardHeading" : {"_value" : "Offshore Industry: 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, what assessment he has made of the potential impact of a windfall tax on North Sea oil and gas producers on the cost of living.", "registeredInterest" : {"_value" : "false", "_datatype" : "boolean"} , "tablingMember" : {"_about" : "http://data.parliament.uk/members/4631", "label" : {"_value" : "Biography information for Sarah Jones"} } , "tablingMemberConstituency" : {"_value" : "Croydon Central"} , "tablingMemberPrinted" : [{"_value" : "Sarah Jones"} ], "uin" : "139475"} , {"_about" : "http://data.parliament.uk/resources/1400796", "AnsweringBody" : [{"_value" : "Treasury"} ], "answer" : {"_about" : "http://data.parliament.uk/resources/1400796/answer", "answerText" : {"_value" : "
The UK has supported significant action on debt through the G20-Paris Club Debt Service Suspension Initiative (DSSI). Preliminary estimates suggest the DSSI has suspended over $12.7 billion in debt service repayments due by the poorest countries in the world. In April 2021, the G20 and Paris Club endorsed a final extension of the DSSI to the end of 2021.<\/p>
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The DSSI was designed as a short-term initiative to tackle the immediate financing needs of eligible countries. To deliver a longer-term, more sustainable approach to dealing with debt vulnerabilities the UK, along with the G20, also agreed a new Common Framework for Debt Treatments beyond the DSSI, designed to provide more efficient, equitable and effective debt treatments. The UK is fully committed to implementing the Common Framework in coordination with our international partners. This will support those countries who request a debt treatment in returning to a more fiscally sustainable path and support their development goals, including responding to climate change.<\/p>"} , "answeringMember" : {"_about" : "http://data.parliament.uk/members/4051", "label" : {"_value" : "Biography information for John Glen"} } , "answeringMemberConstituency" : {"_value" : "Salisbury"} , "answeringMemberPrinted" : {"_value" : "John Glen"} , "dateOfAnswer" : {"_value" : "2022-01-14", "_datatype" : "dateTime"} , "isMinisterialCorrection" : {"_value" : "false", "_datatype" : "boolean"} , "questionFirstAnswered" : [{"_value" : "2022-01-14T08:55:32.723Z", "_datatype" : "dateTime"} ]} , "answeringDeptId" : {"_value" : "14"} , "answeringDeptShortName" : {"_value" : "Treasury"} , "answeringDeptSortName" : {"_value" : "Treasury"} , "date" : {"_value" : "2022-01-07", "_datatype" : "dateTime"} , "hansardHeading" : {"_value" : "Debts: Developing Countries"} , "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 it his policy to support an extension of the Debt Service Suspension Initiative and cancelling debts with the aim of enabling countries to respond more effectively to climate change.", "registeredInterest" : {"_value" : "false", "_datatype" : "boolean"} , "tablingMember" : {"_about" : "http://data.parliament.uk/members/4631", "label" : {"_value" : "Biography information for Sarah Jones"} } , "tablingMemberConstituency" : {"_value" : "Croydon Central"} , "tablingMemberPrinted" : [{"_value" : "Sarah Jones"} ], "uin" : "99368"} , {"_about" : "http://data.parliament.uk/resources/1380887", "AnsweringBody" : [{"_value" : "Treasury"} ], "answer" : {"_about" : "http://data.parliament.uk/resources/1380887/answer", "answerText" : {"_value" : "
We have so far invested over £2.5bn to support both low-income households and public sector organisations to install energy efficiency measures, while\u202falso\u202fexpanding the Energy Company Obligation to £1bn per year. This is significantly above the £1.28bn originally included in the 2019 manifesto covering the first two years of this Parliament.<\/p>
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The recent spending review committed further funding to improve the energy efficiency of buildings. This included £950 million for the Home Upgrade Grant, £800 million for the Social Housing Decarbonisation Fund £1.4 billion to help decarbonise the public sector estate.<\/p>
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We are also introducting important non-spending policies to support the uptake of energy efficiency, as set out in the Heat and Building Strategy.<\/p>"} , "answeringMember" : {"_about" : "http://data.parliament.uk/members/4527", "label" : {"_value" : "Biography information for Helen Whately"} } , "answeringMemberConstituency" : {"_value" : "Faversham and Mid Kent"} , "answeringMemberPrinted" : {"_value" : "Helen Whately"} , "dateOfAnswer" : {"_value" : "2021-11-30", "_datatype" : "dateTime"} , "isMinisterialCorrection" : {"_value" : "false", "_datatype" : "boolean"} , "questionFirstAnswered" : [{"_value" : "2021-11-30T13:01:03.86Z", "_datatype" : "dateTime"} ]} , "answeringDeptId" : {"_value" : "14"} , "answeringDeptShortName" : {"_value" : "Treasury"} , "answeringDeptSortName" : {"_value" : "Treasury"} , "date" : {"_value" : "2021-11-22", "_datatype" : "dateTime"} , "hansardHeading" : {"_value" : "Energy: Conservation"} , "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 steps the Government has taken on spending £9.2 billion on energy efficiency measures over the course of the 2019 Parliament.", "registeredInterest" : {"_value" : "false", "_datatype" : "boolean"} , "tablingMember" : {"_about" : "http://data.parliament.uk/members/4631", "label" : {"_value" : "Biography information for Sarah Jones"} } , "tablingMemberConstituency" : {"_value" : "Croydon Central"} , "tablingMemberPrinted" : [{"_value" : "Sarah Jones"} ], "uin" : "79450"} , {"_about" : "http://data.parliament.uk/resources/1355044", "AnsweringBody" : [{"_value" : "Treasury"} ], "answer" : {"_about" : "http://data.parliament.uk/resources/1355044/answer", "answerText" : {"_value" : "