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1523630

registered interest
date	18/10/2022
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Blockchain and Cryptoassets: Regulation
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, whether his Department is taking steps to help ensure that the regulatory framework for (a) cryptoassets and (b) blockchain technology helps facilitate investment and growth.
tabling member constituency	Cheltenham
tabling member printed	Alex Chalk
uin	65875
answer	answer is ministerial correction date of answer 25/10/2022 answer text <p>The Government set out at Fintech Week its firm ambition to make UK a global hub for cryptoasset technology and investment. The Government wants to ensure firms can invest, innovate and scale up in this country. And the Government has announced a number of reforms which will see the regulation and aspects of tax treatment of cryptoassets evolve – our clear message to cryptoasset firms is that the UK is open for business.</p><p /><p>These include committing to consult on a future regulatory regime; legislating to bring stablecoins into payments regulation; setting up a series of ministerial-chaired roundtables, bringing together key figures in industry; and exploring ways of enhancing the competitiveness of the UK tax system to encourage further development of the cryptoasset market in the UK.</p> answering member constituency Arundel and South Downs answering member printed Andrew Griffith question first answered 25/10/2022 13:41:56 answering member 4874 label Biography information for Andrew Griffith
tabling member	4481 label Biography information for Alex Chalk

1171030

registered interest
date	15/01/2020
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	High Income Child Benefit Tax Charge: Adoption
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, what plans the Government has to review support for adopters who have been affected by the High Income Child Benefit Charge.
tabling member constituency	Cheltenham
tabling member printed	Alex Chalk
uin	3852
answer	answer is ministerial correction date of answer 23/01/2020 answer text <p>The Government introduced the High Income Child Benefit Charge (HICBC) from January 2013 to ensure that support is targeted at those who need it most. It applies to anyone with an individual income over £50,000, who claims Child Benefit or whose partner claims it, regardless of the make-up of their household.</p><p> </p><p>HM Revenue and Customs (HMRC) continue to improve their communications to raise awareness of HICBC. This includes information shared via social media, through third parties such as websites aimed at parents or families, and on GOV.UK. The front page of the Child Benefit application form includes a prominent message about HICBC to help families make a decision on whether they should claim and be paid Child Benefit and the importance of claiming even if they opt not to receive payments.</p> answering member constituency Hereford and South Herefordshire answering member printed Jesse Norman question first answered 23/01/2020 15:51:17 answering member 3991 label Biography information for Jesse Norman
tabling member	4481 label Biography information for Alex Chalk