The Government\u2019s manifesto set out its intention to review and reform Entrepreneurs\u2019 Relief. Any changes to the tax system, including any reform of Entrepreneurs\u2019 Relief, will be set out in the Budget on 11 March.<\/p>"} , "answeringMember" : {"_about" : "http://data.parliament.uk/members/3991", "label" : {"_value" : "Biography information for Jesse Norman"} } , "answeringMemberConstituency" : {"_value" : "Hereford and South Herefordshire"} , "answeringMemberPrinted" : {"_value" : "Jesse Norman"} , "dateOfAnswer" : {"_value" : "2020-03-09", "_datatype" : "dateTime"} , "isMinisterialCorrection" : {"_value" : "false", "_datatype" : "boolean"} , "questionFirstAnswered" : [{"_value" : "2020-03-09T12:18:13.733Z", "_datatype" : "dateTime"} ]} , "answeringDeptId" : {"_value" : "14"} , "answeringDeptShortName" : {"_value" : "Treasury"} , "answeringDeptSortName" : {"_value" : "Treasury"} , "date" : {"_value" : "2020-03-04", "_datatype" : "dateTime"} , "hansardHeading" : {"_value" : "Entrepreneurs' Relief"} , "houseId" : {"_value" : "1"} , "legislature" : [{"_about" : "http://data.parliament.uk/terms/25259", "prefLabel" : {"_value" : "House of Commons"} } ], "questionText" : "To ask the Chancellor of the Exchequer, what recent assessment he has made of the potential effect of making it his policy to (a) reduce and (b) abolish Entrepreneurs' Relief on (i) incentives for entrepreneurs to start and build up new businesses for ultimate profitable sale, (ii) decisions being taken by entrepreneurs to locate new businesses in the UK in preference to other countries and (iii) financial outcomes for retiring entrepreneurs.", "registeredInterest" : {"_value" : "false", "_datatype" : "boolean"} , "tablingMember" : {"_about" : "http://data.parliament.uk/members/54", "label" : {"_value" : "Biography information for Sir Julian Lewis"} } , "tablingMemberConstituency" : {"_value" : "New Forest East"} , "tablingMemberPrinted" : [{"_value" : "Dr Julian Lewis"} ], "uin" : "24991"} , {"_about" : "http://data.parliament.uk/resources/1182620", "AnsweringBody" : [{"_value" : "Treasury"} ], "answer" : {"_about" : "http://data.parliament.uk/resources/1182620/answer", "answerText" : {"_value" : "
The Government keeps all taxes under review, including VAT. While the UK is in a transition period, all existing EU VAT rules and regulations continue to apply, including the standard rate of VAT applied to the removal and replacement of cladding.<\/p>"} , "answeringMember" : {"_about" : "http://data.parliament.uk/members/3991", "label" : {"_value" : "Biography information for Jesse Norman"} } , "answeringMemberConstituency" : {"_value" : "Hereford and South Herefordshire"} , "answeringMemberPrinted" : {"_value" : "Jesse Norman"} , "dateOfAnswer" : {"_value" : "2020-03-09", "_datatype" : "dateTime"} , "isMinisterialCorrection" : {"_value" : "false", "_datatype" : "boolean"} , "questionFirstAnswered" : [{"_value" : "2020-03-09T12:20:55.91Z", "_datatype" : "dateTime"} ]} , "answeringDeptId" : {"_value" : "14"} , "answeringDeptShortName" : {"_value" : "Treasury"} , "answeringDeptSortName" : {"_value" : "Treasury"} , "date" : {"_value" : "2020-03-04", "_datatype" : "dateTime"} , "hansardHeading" : {"_value" : "High Rise Flats: Insulation"} , "houseId" : {"_value" : "1"} , "legislature" : [{"_about" : "http://data.parliament.uk/terms/25259", "prefLabel" : {"_value" : "House of Commons"} } ], "questionText" : "To ask the Chancellor of the Exchequer, pursuant to the Answer of 3 March 2020 to Question 21888 on Buildings: Insulation, if he will waive the charging of VAT on the cost of repairs to buildings with unsafe (a) HPL and (b) other types of cladding.", "registeredInterest" : {"_value" : "false", "_datatype" : "boolean"} , "tablingMember" : {"_about" : "http://data.parliament.uk/members/413", "label" : {"_value" : "Biography information for Hilary Benn"} } , "tablingMemberConstituency" : {"_value" : "Leeds Central"} , "tablingMemberPrinted" : [{"_value" : "Hilary Benn"} ], "uin" : "25026"} , {"_about" : "http://data.parliament.uk/resources/1182631", "AnsweringBody" : [{"_value" : "Treasury"} ], "answer" : {"_about" : "http://data.parliament.uk/resources/1182631/answer", "answerText" : {"_value" : "
The Financial Services Compensation Scheme (FSCS) is an independent non-governmental body. The FSCS carries out its compensation function within rules set by the Financial Conduct Authority (FCA) and the Prudential Regulation Authority (PRA), who are also independent from government.<\/p>
<\/p>
The FSCS levy is set annually by the FSCS within the limits set by the FCA and PRA, in accordance with the levy rules and FSCS funding model as determined by the FCA and PRA. It is therefore for the FCA and PRA to consider the impact of the levies on the firms they regulate, acting in line with their statutory duties. The Government has no role in setting the levy.<\/p>
<\/p>
The FCA regularly consults with the financial services sector regarding its fees policy. This includes the funding of the FSCS. The FCA most recently consulted on the funding of the FSCS in May 2018 as part of a three-year review of the FSCS funding model.<\/p>"} , "answeringMember" : {"_about" : "http://data.parliament.uk/members/4051", "label" : {"_value" : "Biography information for John Glen"} } , "answeringMemberConstituency" : {"_value" : "Salisbury"} , "answeringMemberPrinted" : {"_value" : "John Glen"} , "dateOfAnswer" : {"_value" : "2020-03-09", "_datatype" : "dateTime"} , "isMinisterialCorrection" : {"_value" : "false", "_datatype" : "boolean"} , "questionFirstAnswered" : [{"_value" : "2020-03-09T13:55:45.24Z", "_datatype" : "dateTime"} ]} , "answeringDeptId" : {"_value" : "14"} , "answeringDeptShortName" : {"_value" : "Treasury"} , "answeringDeptSortName" : {"_value" : "Treasury"} , "date" : {"_value" : "2020-03-04", "_datatype" : "dateTime"} , "hansardHeading" : {"_value" : "Financial Services Compensation Scheme"} , "houseId" : {"_value" : "1"} , "legislature" : [{"_about" : "http://data.parliament.uk/terms/25259", "prefLabel" : {"_value" : "House of Commons"} } ], "questionText" : "To ask the Chancellor of the Exchequer, what guidance his Department plans to provide to firms affected by supplementary Financial Services Compensation Scheme levies.", "registeredInterest" : {"_value" : "false", "_datatype" : "boolean"} , "tablingMember" : {"_about" : "http://data.parliament.uk/members/4243", "label" : {"_value" : "Biography information for Dan Jarvis"} } , "tablingMemberConstituency" : {"_value" : "Barnsley Central"} , "tablingMemberPrinted" : [{"_value" : "Dan Jarvis"} ], "uin" : "25100"} , {"_about" : "http://data.parliament.uk/resources/1182683", "AnsweringBody" : [{"_value" : "Treasury"} ], "answer" : {"_about" : "http://data.parliament.uk/resources/1182683/answer", "answerText" : {"_value" : "
The Government is committed to conducting a fundamental review of business rates and further information will be announced in due course.<\/p>"} , "answeringMember" : {"_about" : "http://data.parliament.uk/members/3991", "label" : {"_value" : "Biography information for Jesse Norman"} } , "answeringMemberConstituency" : {"_value" : "Hereford and South Herefordshire"} , "answeringMemberPrinted" : {"_value" : "Jesse Norman"} , "dateOfAnswer" : {"_value" : "2020-03-09", "_datatype" : "dateTime"} , "isMinisterialCorrection" : {"_value" : "false", "_datatype" : "boolean"} , "questionFirstAnswered" : [{"_value" : "2020-03-09T12:19:29.373Z", "_datatype" : "dateTime"} ]} , "answeringDeptId" : {"_value" : "14"} , "answeringDeptShortName" : {"_value" : "Treasury"} , "answeringDeptSortName" : {"_value" : "Treasury"} , "date" : {"_value" : "2020-03-04", "_datatype" : "dateTime"} , "hansardHeading" : {"_value" : "Business Rates"} , "houseId" : {"_value" : "1"} , "legislature" : [{"_about" : "http://data.parliament.uk/terms/25259", "prefLabel" : {"_value" : "House of Commons"} } ], "questionText" : "To ask the Chancellor of the Exchequer, what plans his Department has to review the effectiveness of the system of small business rate relief.", "registeredInterest" : {"_value" : "false", "_datatype" : "boolean"} , "tablingMember" : {"_about" : "http://data.parliament.uk/members/4505", "label" : {"_value" : "Biography information for Peter Kyle"} } , "tablingMemberConstituency" : {"_value" : "Hove"} , "tablingMemberPrinted" : [{"_value" : "Peter Kyle"} ], "uin" : "25162"} , {"_about" : "http://data.parliament.uk/resources/1182709", "AnsweringBody" : [{"_value" : "Treasury"} ], "answer" : {"_about" : "http://data.parliament.uk/resources/1182709/answer", "answerText" : {"_value" : "
Income inequality is lower now than it was in 2010, and the top 1% pay over 29% of income tax - higher than at any time over the last 10 years. The government has taken steps to ensure those with the broadest shoulders bear the greatest burden, including reforming dividend taxation so those with very large shareholdings pay more and taxing the capital gains that non-residents make on UK property.<\/p>
<\/p>
This government will unleash Britain\u2019s potential by investing in public services and infrastructure, and spreading opportunity and prosperity across every region and nation. We will continue to transform the UK economy through the Budget this week and in the Comprehensive Spending Review later this year.<\/p>"} , "answeringMember" : {"_about" : "http://data.parliament.uk/members/4095", "label" : {"_value" : "Biography information for Steve Barclay"} } , "answeringMemberConstituency" : {"_value" : "North East Cambridgeshire"} , "answeringMemberPrinted" : {"_value" : "Steve Barclay"} , "dateOfAnswer" : {"_value" : "2020-03-09", "_datatype" : "dateTime"} , "isMinisterialCorrection" : {"_value" : "false", "_datatype" : "boolean"} , "questionFirstAnswered" : [{"_value" : "2020-03-09T17:18:57.793Z", "_datatype" : "dateTime"} ]} , "answeringDeptId" : {"_value" : "14"} , "answeringDeptShortName" : {"_value" : "Treasury"} , "answeringDeptSortName" : {"_value" : "Treasury"} , "date" : {"_value" : "2020-03-04", "_datatype" : "dateTime"} , "hansardHeading" : {"_value" : "Wealth"} , "houseId" : {"_value" : "1"} , "legislature" : [{"_about" : "http://data.parliament.uk/terms/25259", "prefLabel" : {"_value" : "House of Commons"} } ], "questionText" : "To ask the Chancellor of the Exchequer, with reference to the February 2020 report entitled Health Equity in England: The Marmot Review 10 Years On, what steps he is taking to narrow wealth differentials between the richest and poorest (a) individuals and (b) regions.", "registeredInterest" : {"_value" : "false", "_datatype" : "boolean"} , "tablingMember" : {"_about" : "http://data.parliament.uk/members/4510", "label" : {"_value" : "Biography information for Helen Hayes"} } , "tablingMemberConstituency" : {"_value" : "Dulwich and West Norwood"} , "tablingMemberPrinted" : [{"_value" : "Helen Hayes"} ], "uin" : "25165"} , {"_about" : "http://data.parliament.uk/resources/1182710", "AnsweringBody" : [{"_value" : "Treasury"} ], "answer" : {"_about" : "http://data.parliament.uk/resources/1182710/answer", "answerText" : {"_value" : "
Since 2010, income inequality has fallen and there are 400,000 fewer people in absolute low income. HM Treasury\u2019s distributional analysis shows the cumulative effect on household incomes of policies on welfare, tax, and public service spending measures. The latest analysis, published alongside Budget 2018, shows government policy continues to be highly redistributive. It shows that in 2019/20, the lowest income households will receive over £4 in public spending for every £1 they pay in tax on average.<\/p>
<\/p>
This Government is committed to unleashing Britain's potential by investing in public services and infrastructure, spreading opportunity and prosperity across every region and nation. This is why we have invested in a £3.6 billion Towns Fund, opened up a consultation on Freeports, and confirmed that we will proceed with HS2.<\/p>
Further details, including updated distributional analysis, will be included in the Budget this week.<\/p>"} , "answeringMember" : {"_about" : "http://data.parliament.uk/members/4095", "label" : {"_value" : "Biography information for Steve Barclay"} } , "answeringMemberConstituency" : {"_value" : "North East Cambridgeshire"} , "answeringMemberPrinted" : {"_value" : "Steve Barclay"} , "dateOfAnswer" : {"_value" : "2020-03-09", "_datatype" : "dateTime"} , "isMinisterialCorrection" : {"_value" : "false", "_datatype" : "boolean"} , "questionFirstAnswered" : [{"_value" : "2020-03-09T17:18:06.76Z", "_datatype" : "dateTime"} ]} , "answeringDeptId" : {"_value" : "14"} , "answeringDeptShortName" : {"_value" : "Treasury"} , "answeringDeptSortName" : {"_value" : "Treasury"} , "date" : {"_value" : "2020-03-04", "_datatype" : "dateTime"} , "hansardHeading" : {"_value" : "Public Expenditure"} , "houseId" : {"_value" : "1"} , "legislature" : [{"_about" : "http://data.parliament.uk/terms/25259", "prefLabel" : {"_value" : "House of Commons"} } ], "questionText" : "To ask the Chancellor of the Exchequer, with reference to the February 2020 report entitled Health Equity in England: The Marmot Review 10 Years On, what recent assessment he has made of the effect of public spending reductions on regional (a) poverty and (b) inequality.", "registeredInterest" : {"_value" : "false", "_datatype" : "boolean"} , "tablingMember" : {"_about" : "http://data.parliament.uk/members/4510", "label" : {"_value" : "Biography information for Helen Hayes"} } , "tablingMemberConstituency" : {"_value" : "Dulwich and West Norwood"} , "tablingMemberPrinted" : [{"_value" : "Helen Hayes"} ], "uin" : "25166"} , {"_about" : "http://data.parliament.uk/resources/1182802", "AnsweringBody" : [{"_value" : "Treasury"} ], "answer" : {"_about" : "http://data.parliament.uk/resources/1182802/answer", "answerText" : {"_value" : "
HMRC provide information about this policy in leaflets which are sent to all claimants in their renewal packs and to those customers finalising their claim in year. Leaflets were last issued in the 2018/19 Tax Credit renewals packs and will again be included in 2019/20 renewal packs from April 2020 onwards.<\/p>
<\/p>
Information is also available on GOV.UK, while Jobcentre Plus staff can advise on how the policy operates. Claimants were alerted to this policy when it was announced by the Government as part of Summer Budget 2015.<\/p>
<\/p>
DWP and HMRC also produce annual joint reports with statistics relating to the implementation of the policy. The most recent of these was published on 31 July 2019 and can be found online at:<\/p>
https://www.gov.uk/government/statistics/child-tax-credit-and-universal-credit-claimants-statistics-related-to-the-policy-to-provide-support-for-a-maximum-of-2-children-april-2019<\/a><\/p>"}
, "answeringMember" : {"_about" : "http://data.parliament.uk/members/3991", "label" : {"_value" : "Biography information for Jesse Norman"}
}
, "answeringMemberConstituency" : {"_value" : "Hereford and South Herefordshire"}
, "answeringMemberPrinted" : {"_value" : "Jesse Norman"}
, "dateOfAnswer" : {"_value" : "2020-03-09", "_datatype" : "dateTime"}
, "isMinisterialCorrection" : {"_value" : "false", "_datatype" : "boolean"}
, "questionFirstAnswered" : [{"_value" : "2020-03-09T12:17:00.98Z", "_datatype" : "dateTime"}
]}
, "answeringDeptId" : {"_value" : "14"}
, "answeringDeptShortName" : {"_value" : "Treasury"}
, "answeringDeptSortName" : {"_value" : "Treasury"}
, "date" : {"_value" : "2020-03-04", "_datatype" : "dateTime"}
, "hansardHeading" : {"_value" : "Child Tax Credit"}
, "houseId" : {"_value" : "1"}
, "legislature" : [{"_about" : "http://data.parliament.uk/terms/25259", "prefLabel" : {"_value" : "House of Commons"}
}
], "questionText" : "To ask the Chancellor of the Exchequer when information on the two child limit policy was most recently included in leaflets sent to claimants renewing their child tax credit claim.", "registeredInterest" : {"_value" : "false", "_datatype" : "boolean"}
, "tablingMember" : {"_about" : "http://data.parliament.uk/members/1397", "label" : {"_value" : "Biography information for Hywel Williams"}
}
, "tablingMemberConstituency" : {"_value" : "Arfon"}
, "tablingMemberPrinted" : [{"_value" : "Hywel Williams"}
], "uin" : "25028"}
, {"_about" : "http://data.parliament.uk/resources/1182837", "AnsweringBody" : [{"_value" : "Treasury"}
], "answer" : {"_about" : "http://data.parliament.uk/resources/1182837/answer", "answerText" : {"_value" : " The government is committed to ensuring the UK continues to be a leading global financial centre \u2013 at the forefront of innovation, with a strong, resilient, and competitive financial sector, underpinned by world leading regulatory standards and open to global markets.<\/p> <\/p> Where appropriate, the UN and the EU can impose targeted sanctions regimes. There is currently an Iraq sanctions regime, with targeted assets freezes against several individuals and entities. These regimes apply to UK businesses and citizens; details of those subject to sanctions can be found on the Office of Financial Sanctions Implementation Consolidated List of asset freeze targets at www.gov.uk/ofsi<\/a>.<\/p>"}
, "answeringMember" : {"_about" : "http://data.parliament.uk/members/4051", "label" : {"_value" : "Biography information for John Glen"}
}
, "answeringMemberConstituency" : {"_value" : "Salisbury"}
, "answeringMemberPrinted" : {"_value" : "John Glen"}
, "dateOfAnswer" : {"_value" : "2020-03-09", "_datatype" : "dateTime"}
, "groupedQuestionUIN" : {"_value" : "25008"}
, "isMinisterialCorrection" : {"_value" : "false", "_datatype" : "boolean"}
, "questionFirstAnswered" : [{"_value" : "2020-03-09T13:58:50.507Z", "_datatype" : "dateTime"}
]}
, "answeringDeptId" : {"_value" : "14"}
, "answeringDeptShortName" : {"_value" : "Treasury"}
, "answeringDeptSortName" : {"_value" : "Treasury"}
, "date" : {"_value" : "2020-03-04", "_datatype" : "dateTime"}
, "hansardHeading" : {"_value" : "Overseas Companies: Iraq"}
, "houseId" : {"_value" : "1"}
, "legislature" : [{"_about" : "http://data.parliament.uk/terms/25259", "prefLabel" : {"_value" : "House of Commons"}
}
], "questionText" : "To ask the Chancellor of the Exchequer, whether it his Department's policy that UK businesses engaged in financial services should be able to trade with organisations in Iraq and receive payments for their services through the UK taxation system; and if he will make a statement.", "registeredInterest" : {"_value" : "false", "_datatype" : "boolean"}
, "tablingMember" : {"_about" : "http://data.parliament.uk/members/242", "label" : {"_value" : "Biography information for Sir Christopher Chope"}
}
, "tablingMemberConstituency" : {"_value" : "Christchurch"}
, "tablingMemberPrinted" : [{"_value" : "Sir Christopher Chope"}
], "uin" : "25007"}
, {"_about" : "http://data.parliament.uk/resources/1182838", "AnsweringBody" : [{"_value" : "Treasury"}
], "answer" : {"_about" : "http://data.parliament.uk/resources/1182838/answer", "answerText" : {"_value" : " The government is committed to ensuring the UK continues to be a leading global financial centre \u2013 at the forefront of innovation, with a strong, resilient, and competitive financial sector, underpinned by world leading regulatory standards and open to global markets.<\/p> <\/p>