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93103

registered interest
date	14/10/2014
answering body	HM Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	CaTreasury
hansard heading	Venture Capital
house id	1
legislature	25259 pref label House of Commons
question text	To ask Mr Chancellor of the Exchequer, what steps he is taking to promote investment in venture capital trusts.
tabling member constituency	Newcastle upon Tyne Central
tabling member printed	Chi Onwurah
uin	210570
answer	answer is ministerial correction date of answer 21/10/2014 answer text <p>The venture capital trust (VCT) regime was significantly expanded at Budget 2012. VCTs can now invest up to £5 million a year into each qualifying company, and larger companies (with up to 250 employees and £15 million of gross assets) can benefit from the investments.</p><p> </p><p> </p><p> </p><p>The government believes that the VCT regime, alongside the other tax-advantaged venture capital schemes, plays a key role in facilitating access to finance for smaller businesses with growth potential. At Budget 2014 the government announced that changes would be made to enable investors to subscribe for VCT shares via nominees, to facilitate a wider range of opportunities to invest in VCTs. The government has also recently consulted on the impact of the recent expansions to the venture capital schemes and is committed to ensuring that the schemes continue to work effectively.</p><p> </p> answering member constituency South West Hertfordshire answering member printed Mr David Gauke question first answered 21/10/2014 15:54:56 answering member 1529 label Biography information for Mr David Gauke
tabling member	4124 label Biography information for Chi Onwurah

58270

registered interest
date	05/06/2014
answering body	HM Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	CaTreasury
hansard heading	Information Sharing
house id	1
legislature	25259 pref label House of Commons
question text	To ask Mr Chancellor of the Exchequer, with reference to the contribution by the Deputy Leader of the House, Official Report, columns 841-2, on New clause 1 of the Deregulation Bill, how the information-sharing gateway will operate.
tabling member constituency	Newcastle upon Tyne Central
tabling member printed	Chi Onwurah
uin	199417
answer	answer is ministerial correction date of answer 10/06/2014 answer text <p>HMRC requires specific legal authority or a ‘gateway' in order to be able to disclose information it holds in connection with its functions. Once this is in place, HMRC requires any disclosure of information to a public sector body to be governed by a robust Memorandum of Understanding. This will set out:</p><p> </p><p>· The legal basis for sharing the information;</p><p>· The agreed administrative arrangements, including timescales, persons involved, security arrangements and frequency of disclosure;</p><p>· The circumstances (if any) under which the data may be disclosed and the sanctions that protect against unlawful disclosure of the information; and</p><p>· The mechanism for maintaining an audit trail or record for HMRC of all external disclosures of data.</p><p> </p><p>HMRC has a duty to ensure that any information transfers to a public sector body are legal and secure. HMRC also seeks an ongoing assurance that the transferred information will be treated in accordance with agreed standards and protocols. In addition, even where a legal gateway exists, any information disclosures must be compliant with both the Data Protection Act and the Human Rights Act.</p><p> </p><p> </p><p> </p> answering member constituency South West Hertfordshire answering member printed Mr David Gauke question first answered 10/06/2014 09:57:14 answering member 1529 label Biography information for Mr David Gauke
tabling member	4124 label Biography information for Chi Onwurah

46850

registered interest
date	03/04/2014
answering body	HM Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	CaTreasury
house id	1
legislature	25259 pref label House of Commons
question text	To ask Mr Chancellor of the Exchequer, on what systems the online account required for the new childcare proposals announced in Budget 2014 will be implemented; and who is responsible for the implementation of those proposals.
tabling member constituency	Newcastle upon Tyne Central
tabling member printed	Chi Onwurah
uin	195264
answer	answer is ministerial correction date of answer 08/04/2014 answer text <p>Tax-Free Childcare will be hosted on the Government Digital Service (GDS) Gov.uk website alongside other Government digital services. HM Revenue and Customs (HMRC) have overall responsibility for the implementation of these services, in partnership with National Savings and Investments (NS&amp;I) who will operate the accounts.</p><p> </p><p>The GDS are leading the Government's work to link digital inclusion into policy programmes and digital services. HMRC have directly consulted with GDS who have been involved in the design of the process and the creation of the solution for Tax-Free Childcare.</p><p> </p><p>The Government will continue to talk with a wide variety of internal and external stakeholders to ensure that Tax-Free Childcare is as simple and secure as possible for parents to access and use.</p><p> </p> answering member constituency Loughborough answering member printed Nicky Morgan grouped question UIN 195263 195265 question first answered 08/04/2014 12:00:00 answering member 4027 label Biography information for Baroness Morgan of Cotes
tabling member	4124 label Biography information for Chi Onwurah

46851

registered interest
date	03/04/2014
answering body	HM Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	CaTreasury
house id	1
legislature	25259 pref label House of Commons
question text	To ask Mr Chancellor of the Exchequer, what discussions he has had with the Government Digital Service on the integration of the new online childcare accounts into gov.uk.
tabling member constituency	Newcastle upon Tyne Central
tabling member printed	Chi Onwurah
uin	195265
answer	answer is ministerial correction date of answer 08/04/2014 answer text <p>Tax-Free Childcare will be hosted on the Government Digital Service (GDS) Gov.uk website alongside other Government digital services. HM Revenue and Customs (HMRC) have overall responsibility for the implementation of these services, in partnership with National Savings and Investments (NS&amp;I) who will operate the accounts.</p><p> </p><p>The GDS are leading the Government's work to link digital inclusion into policy programmes and digital services. HMRC have directly consulted with GDS who have been involved in the design of the process and the creation of the solution for Tax-Free Childcare.</p><p> </p><p>The Government will continue to talk with a wide variety of internal and external stakeholders to ensure that Tax-Free Childcare is as simple and secure as possible for parents to access and use.</p><p> </p> answering member constituency Loughborough answering member printed Nicky Morgan grouped question UIN 195263 195264 question first answered 08/04/2014 12:00:00 answering member 4027 label Biography information for Baroness Morgan of Cotes
tabling member	4124 label Biography information for Chi Onwurah

46852

registered interest
date	03/04/2014
answering body	HM Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	CaTreasury
house id	1
legislature	25259 pref label House of Commons
question text	To ask Mr Chancellor of the Exchequer, what discussions he has had with the Secretary of State for Culture, Media and Sport on the digital inclusion implications of requiring online accounts for new childcare proposals announced in Budget 2014.
tabling member constituency	Newcastle upon Tyne Central
tabling member printed	Chi Onwurah
uin	195263
answer	answer is ministerial correction date of answer 08/04/2014 answer text <p>Tax-Free Childcare will be hosted on the Government Digital Service (GDS) Gov.uk website alongside other Government digital services. HM Revenue and Customs (HMRC) have overall responsibility for the implementation of these services, in partnership with National Savings and Investments (NS&amp;I) who will operate the accounts.</p><p> </p><p>The GDS are leading the Government's work to link digital inclusion into policy programmes and digital services. HMRC have directly consulted with GDS who have been involved in the design of the process and the creation of the solution for Tax-Free Childcare.</p><p> </p><p>The Government will continue to talk with a wide variety of internal and external stakeholders to ensure that Tax-Free Childcare is as simple and secure as possible for parents to access and use.</p><p> </p> answering member constituency Loughborough answering member printed Nicky Morgan grouped question UIN 195264 195265 question first answered 08/04/2014 12:00:00 answering member 4027 label Biography information for Baroness Morgan of Cotes
tabling member	4124 label Biography information for Chi Onwurah