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748058

registered interest
date	04/07/2017
answering body	HM Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	CaTreasury
hansard heading	Taxation
house id	1
legislature	25259 pref label House of Commons
question text	To ask Mr Chancellor of the Exchequer, what estimate he has made of the value of tax cuts for companies and individuals earning more than £75,000 for each year since 2010 up to 2020.
tabling member constituency	Birmingham, Hodge Hill
tabling member printed	Liam Byrne
uin	2742
answer	answer is ministerial correction date of answer 12/07/2017 answer text <p>The information requested is not readily available and could be provided only at disproportionate cost. The exchequer impact of individual policy measures are estimated in HM Treasury’s publications on policy costings accompanying each fiscal event.</p> answering member constituency Central Devon answering member printed Mel Stride question first answered 12/07/2017 08:33:53 answering member 3935 label Biography information for Mel Stride
tabling member	1171 label Biography information for Liam Byrne

748064

registered interest
date	04/07/2017
answering body	HM Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	CaTreasury
hansard heading	Taxation: Business
house id	1
legislature	25259 pref label House of Commons
question text	To ask Mr Chancellor of the Exchequer, if he will set out total receipts for (a) corporation tax, (b) VAT, (c) business rates and (d) national insurance contributions for each business sector in the last year for which figures are available.
tabling member constituency	Birmingham, Hodge Hill
tabling member printed	Liam Byrne
uin	2843
answer	answer is ministerial correction date of answer 12/07/2017 answer text <ol><li><p>Corporation tax liabilities for each business sector are published online here: <a href="https://www.gov.uk/government/statistics/corporation-tax-payable-after-set-offs-classified-by-industry-by-year-of-liability" target="_blank">https://www.gov.uk/government/statistics/corporation-tax-payable-after-set-offs-classified-by-industry-by-year-of-liability</a>.</p><p> </p></li><li><p>Value Added Tax (VAT) liabilities for each business sector are published in the VAT Factsheet, which can be found on the following website under ‘Factsheet Datasets’: <a href="https://www.uktradeinfo.com/Statistics/Pages/TaxAndDutybulletins.aspx" target="_blank">https://www.uktradeinfo.com/Statistics/Pages/TaxAndDutybulletins.aspx</a>. Tab 2.5 shows the net VAT declared on traders' returns classified by Trade Sub-Sector.</p></li></ol><p> </p><ol><li><p>The information requested on business rates receipts is not available.</p></li></ol><p> </p><ol><li><p>Robust estimates of national insurance contributions for each business sector are not available.</p></li></ol> answering member constituency Central Devon answering member printed Mel Stride question first answered 12/07/2017 08:35:33 answering member 3935 label Biography information for Mel Stride
tabling member	1171 label Biography information for Liam Byrne

748356

registered interest
date	04/07/2017
answering body	Department for Business, Energy and Industrial Strategy
answering dept id	201
answering dept short name	Business, Energy and Industrial Strategy
answering dept sort name	Business, Energy and Industrial Strategy
hansard heading	Research: Private Sector
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Business, Energy and Industrial Strategy, what incentives his Department provides to the private sector to increase expenditure on research and development.
tabling member constituency	Birmingham, Hodge Hill
tabling member printed	Liam Byrne
uin	2975
answer	answer is ministerial correction date of answer 11/07/2017 answer text <p>We are increasing public investment in research and development investment by £4.7 billion over the period 2017-18 to 2020-21. This equates to an extra £2 billion per year by 2020-21 and is an increase of around 20% to total government R&amp;D spending, more than any increase in any parliament since 1979.</p><p>We are creating the right environment to incentivise private sector investment in R&amp;D. Innovate UK currently provides funding for research, development and demonstration projects and has funded over 11,000 projects to date, with over 8,000 unique organisations involved.Through Innovate UK, we have established a network of Catapult Centres to commercialise new and emerging technologies and Catapults are forecast to attract total public and private investment exceeding £1.6bn over their first five years of operation. R&amp;D tax credits encourage greater R&amp;D investment by business and in the year ending 31 March 2015 almost 21,000 companies used the R&amp;D tax credits to claim a total amount of £2.45 billion, with R&amp;D expenditure used to make these claims reaching £21.8 billion.</p><p>Science, Research and Innovation will be at the heart of our Industrial Strategy and this Government has bold ambitions to increase R&amp;D and back industries of the future. Our commitment to reach R&amp;D investment of 2.4% of GDP within ten years and 3% in the longer-term is part of this.</p> answering member constituency Orpington answering member printed Joseph Johnson question first answered 11/07/2017 16:12:03 answering member 4039 label Biography information for Lord Johnson of Marylebone
tabling member	1171 label Biography information for Liam Byrne