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1168365

registered interest
date	19/12/2019
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Dividend Tax Credit
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, how many tax credit overpayments were made in each of the last 12 months; and what the average repayment was.
tabling member constituency	Oxford East
tabling member printed	Anneliese Dodds
uin	222
answer	answer is ministerial correction date of answer 07/01/2020 answer text <p>Overpayments are a feature of the annualized tax credits system. Figures for the value of overpayments relating to 2019-20 tax credits awards will not be known until all awards have been finalised in January 2021. <br></p><p>The most recent estimate of overpayments relates to the 2017-18 award year and can be found in the following publication.</p><p> </p><p><a href="https://www.gov.uk/government/statistics/child-and-working-tax-credits-statistics-finalised-annual-awards-supplement-on-payments-2017-to-2018" target="_blank">https://www.gov.uk/government/statistics/child-and-working-tax-credits-statistics-finalised-annual-awards-supplement-on-payments-2017-to-2018</a></p><p> </p><p>In this year, 1.45 million tax credits awards had an overpayment at the point of finalisation. The total value of overpayments was £1.55 billion.</p><p>Estimates of the average value of repayments in each of the last 12 months are not readily available. Tax credits repayments are repaid through a number of routes, including through the Universal Credit (UC) system. Information on the monthly value of all these repayments could only be collected at disproportionate cost.</p><p> </p><p>For the year 2017/18, HMRC received repayments of £1.29bn. These repayments were made on overpayments from all previous award years. On top of this, £188m of tax credits overpayments transferred to DWP as customers migrated to UC.</p> answering member constituency Richmond (Yorks) answering member printed Rishi Sunak question first answered 07/01/2020 10:33:42 answering member 4483 label Biography information for Rishi Sunak
tabling member	4657 label Biography information for Anneliese Dodds

1168495

registered interest
date	19/12/2019
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Public Sector: Redundancy Pay
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, when the £95,000 cap on public sector exit payments is planned to come into force; what the timeframe is for the publication of the Government response to the consultation on the draft regulations that closed on 3 July 2019; and if he will make a statement.
tabling member constituency	Christchurch
tabling member printed	Sir Christopher Chope
uin	34
answer	answer is ministerial correction date of answer 07/01/2020 answer text <p>The government is currently considering responses to the consultation and will publish its response in due course. Once the government response has been published, regulations are required to be laid before Parliament for approval through the affirmative procedure to bring the cap into force.</p> answering member constituency Richmond (Yorks) answering member printed Rishi Sunak question first answered 07/01/2020 10:26:22 answering member 4483 label Biography information for Rishi Sunak
tabling member	242 label Biography information for Sir Christopher Chope