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92911

registered interest
date	13/10/2014
answering body	Department for Communities and Local Government
answering dept id	7
answering dept short name	Communities and Local Government
answering dept sort name	Communities and Local Government
hansard heading	Private Finance Initiative
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Communities and Local Government, what the total private finance initiative liabilities of his Department are for the next 20 years; and if he will make a statement.
tabling member constituency	Brighton, Kemptown
tabling member printed	Simon Kirby
uin	210083
answer	answer is ministerial correction date of answer 05/11/2014 answer text <p>The Department does not have any PFI projects of its own but does provide support to local authority PFI projects through the revenue support grant system. <br><br><br>The Coalition Government has strongly emphasised securing value for money from PFI including savings through its Operational Savings Programme. This Department has achieved programme savings of £497 million since 2010 from projects during procurement and savings from operational PFI projects of £33 million.<br><br>Details of local authority sponsored PFI projects can be found on the government website at the following link: <a href="https://www.gov.uk/government/statistics/pfi-projects-data-march-2013" target="_blank">https://www.gov.uk/government/publications/private-finance-initiative-projects=2013-summary-data. <br></a><br>This currently provides information as at 31st March 2013 but will be updated shortly with data as at 31st March 2014.<br><br></p> answering member constituency Keighley answering member printed Kris Hopkins question first answered 05/11/2014 16:17:01 answering member 4043 label Biography information for Kris Hopkins
tabling member	3929 label Biography information for Simon Kirby

92912

registered interest
date	13/10/2014
answering body	Department for Culture Media and Sport
answering dept id	10
answering dept short name	Culture, Media and Sport
answering dept sort name	Culture, Media and Sport
hansard heading	Private Finance Initiative
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Culture, Media and Sport, what the total private finance initiative liabilities of his Department are for the next 20 years; and if he will make a statement.
tabling member constituency	Brighton, Kemptown
tabling member printed	Simon Kirby
uin	210084
answer	answer is ministerial correction date of answer 20/10/2014 answer text <p>DCMS has given undertakings to providing revenue support to a range of library and leisure schemes across England, consistent with the long term nature of PFI contracts.</p><p> </p><p>Based on current levels of agreed revenue support, the forecast liability for the next 20 years would be £481m at today’s prices.</p> answering member constituency Maidstone and The Weald answering member printed Mrs Helen Grant question first answered 20/10/2014 15:43:55 answering member 4018 label Biography information for Mrs Helen Grant
tabling member	3929 label Biography information for Simon Kirby

92913

registered interest
date	13/10/2014
answering body	Department for Education
answering dept id	60
answering dept short name	Education
answering dept sort name	Education
hansard heading	Private Finance Initiative
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Education, what the total private finance initiative liabilities of her Department are for the next 20 years; and if she will make a statement.
tabling member constituency	Brighton, Kemptown
tabling member printed	Simon Kirby
uin	210086
answer	answer is ministerial correction date of answer 20/10/2014 answer text <p>The Department for Education sponsors local authority projects through the private finance initiative (PFI) credit system and is paying revenue support grant. It also contributes revenue support towards Voluntary Aided school PFI schemes. However, these are not the Department’s liabilities.</p><p> </p><p>Details of these projects are available online at:</p><p><a href="https://www.gov.uk/government/publications/private-finance-initiative-projects-2013-summary-data" target="_blank">www.gov.uk/government/publications/private-finance-initiative-projects-2013-summary-data</a>.</p><p> </p><p>This currently provides information as at 31 March 2013 but will be updated shortly with data as at 31 March 2014.</p><p> </p> answering member constituency Bognor Regis and Littlehampton answering member printed Mr Nick Gibb question first answered 20/10/2014 15:12:26 answering member 111 label Biography information for Nick Gibb
tabling member	3929 label Biography information for Simon Kirby

92914

registered interest
date	13/10/2014
answering body	Cabinet Office
answering dept id	53
answering dept short name	Cabinet Office
answering dept sort name	Cabinet Office
hansard heading	Private Finance Initiative
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Minister for the Cabinet Office, what the total private finance initiative liabilities of his Department are for the next 20 years; and if he will make a statement.
tabling member constituency	Brighton, Kemptown
tabling member printed	Simon Kirby
uin	210082
answer	answer is ministerial correction date of answer 16/10/2014 answer text <p>Information on the Cabinet Office’s expenditure under Private Finance Initiative contracts is available in the department’s Annual Report and Accounts 2013-14 (pages 156 to 157), available in the Library of the House and on the GOV.UK website below at:</p><p><a href="https://www.gov.uk/government/collections/cabinet-office-annual-reports-and-accounts" target="_blank">https://www.gov.uk/government/collections/cabinet-office-annual-reports-and-accounts</a></p><p> </p> answering member constituency Horsham answering member printed Mr Francis Maude question first answered 16/10/2014 07:40:38 answering member 115 label Biography information for Lord Maude of Horsham
tabling member	3929 label Biography information for Simon Kirby

61587

registered interest
date	12/06/2014
answering body	HM Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	CaTreasury
hansard heading	Private Finance Initiative
house id	1
legislature	25259 pref label House of Commons
question text	To ask Mr Chancellor of the Exchequer, if he will make it his policy to introduce a clause into private finance initiative contracts to limit the ability of contractors to move offshore.
tabling member constituency	Dover
tabling member printed	Charlie Elphicke
uin	200422
answer	answer is ministerial correction date of answer 17/06/2014 answer text <p>The Government is committed to effective anti-avoidance rules to ensure that profits arising on UK activities are not artificially diverted to low tax jurisdictions. At the same time, it needs to ensure that the tax system is competitive for all companies and has set out its plans to make the UK an attractive place to do business while retaining proportionate anti-avoidance protection.</p><p> </p><p> </p><p>UK resident PFI contractors regardless of their shareholders' registered jurisdiction will be charged UK corporation tax on profits earned within the UK. To limit the freedoms properly available to investors would be anti-competitive and contrary to European Union law. These points are not unique to the Private Finance Initiative (PFI) but apply equally to non-PFI companies and investors.</p> answering member constituency Inverness, Nairn, Badenoch and Strathspey answering member printed Danny Alexander question first answered 17/06/2014 15:16:51 answering member 1535 label Biography information for Danny Alexander
tabling member	3971 label Biography information for Charlie Elphicke

60657

registered interest
date	09/06/2014
answering body	HM Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	CaTreasury
hansard heading	Private Finance Initiative
house id	1
legislature	25259 pref label House of Commons
question text	To ask Mr Chancellor of the Exchequer, if he will assess the merits of introducing tax-rate floors to contracts involving Private Finance Initiative arrangements.
tabling member constituency	Dover
tabling member printed	Charlie Elphicke
uin	199713
answer	answer is ministerial correction date of answer 16/06/2014 answer text <p>In December 2012, the Government launched Private Finance 2 (PF2). PF2 introduces significant reforms to the Private Finance Initiative (PFI) and gives a new approach to the delivery of public infrastructure. It is based on the outcomes of a wide call for evidence held across both the public and private sectors.</p><p> </p><p>The Government seeks to ensure that the UK tax system is competitive for all companies and that the UK is an attractive place to do business, while retaining proportionate anti-avoidance protection.</p><p> </p><p> </p><p>A special purpose vehicle set up for the purposes of delivering a PFI project is no different from any other corporate entity and is therefore required to pay corporation tax in accordance with government rules.</p> answering member constituency Inverness, Nairn, Badenoch and Strathspey answering member printed Danny Alexander question first answered 16/06/2014 14:43:06 answering member 1535 label Biography information for Danny Alexander
tabling member	3971 label Biography information for Charlie Elphicke