Question to the HM Treasury:

To ask His Majesty's Government, with regard to page 39 of their policy paper Spending Review 2025: Departmental Efficiency Plans, published on 11 June, how many legacy IT systems and platforms are (1) currently operated by HMRC; and (2) scheduled for decommissioning by 2028–29 under the software as a service transition strategy.

Answered by Lord Livermore - Financial Secretary (HM Treasury)

HMRC is in the process of finalising its implementation plan of the Spending Review 2025 following receipt of the settlement. The department is planning the sequencing and prioritisation of activity to ensure they can deliver the departments commitments, tackle technical debt and mitigate risks. This will include assessing the impact of legacy IT systems and platforms as part of the Software as a Service (SaaS) transition strategy.

HMRC is taking a phased approach to meet its efficiency target whilst balancing and maintaining operational resilience. To support this, HMRC has undertaken a detailed assessment of its digital estate, which includes over 4 million physical assets (i.e., network equipment, disk arrays, servers, laptops, desktops).

The complex IT estate HMRC operates requires careful coordination to identify systems for decommissioning or migration by 2028-29. Therefore, decommissioning and upgrading activities are being delivered through several different change programmes. The long-term delivery plan will be finalised in the autumn, at which point there will be a clearer indication of the number of IT systems which will be decommissioned by 2028-29.

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, pursuant to the Answer of 2 July 2025 to Question 63473 on Origin Marking: Occupied Territories, how many compliance checks HMRC undertook to identify whether goods labelled as originating from Israel were produced in Israeli settlements located in the Occupied Palestinian Territories in 2024; and how many of those checks identified (a) non-compliance and (b) the mislabelling of goods.

Answered by James Murray - Exchequer Secretary (HM Treasury)

The UK Government has a clear position that Israeli settlements in the Occupied Palestinian Territories are illegal under international law, and that goods produced in these settlements are not entitled to benefit from preferential tariff treatment under the UK’s trade agreements with the Palestinian Authority and Israel.

HMRC takes a risk-based and intelligence-led approach to tariff enforcement and routinely checks the accuracy of customs declarations. Such checks include checking material particulars such as the declared origin, value and classification of goods. Checks are conducted where risk analysis or intelligence indicates potential non-compliance, and in cases where there is a risk of customs duty under-declaration.

HMRC does not publish details of numbers of checks in relation to specific countries of origin or the outcomes of those checks. However, HMRC confirms that regular and proportionate checks are carried out on Israeli goods in which they are subject to verification to check their originating status.

Question to the HM Treasury:

To ask His Majesty's Government what taxes are payable on immigration fees paid by employers on behalf of employees and their dependents, and whether they plan to review the level of such taxes.

Answered by Lord Livermore - Financial Secretary (HM Treasury)

If an employer pays for certain immigration fees on behalf of prospective or current employees, these costs could be liable to Income Tax and National Insurance Contributions for the employee as earnings or a benefit-in-kind.

Whether tax is payable will depend on individual circumstances as tax exemptions may apply. For this reason, each circumstance will need to be considered on a case-by-case basis.

The Government has no plans to change the tax treatment of immigration fees. However, all taxes are kept under review as part of the tax policymaking process.

Question to the HM Treasury:

To ask His Majesty's Government what assessment they have made of the use of cryptocurrencies as a payment method in the UK; and whether they plan to further regulate the use of those currencies.

Answered by Lord Livermore - Financial Secretary (HM Treasury)

The Government believes that cryptoassets, specifically stablecoins, have the potential to play a significant role in UK payments. The Government’s view is that action to bring UK-issued stablecoins into scope of payments regulation is best done alongside broader planned reforms to payments legislation. The Government intends to bring forward legislation delivering a comprehensive national regulatory framework for cryptoassets by the end of this year and is engaging with industry on draft legislation.

Question to the HM Treasury:

To ask His Majesty's Government what estimate they have made of the number of high net worth individuals who have left the UK since the Autumn Budget 2024.

Answered by Lord Livermore - Financial Secretary (HM Treasury)

Taxpayers are not always required to inform HM Revenue and Customs when they leave the UK. Some taxpayers outside of Self Assessment might file a P85 form after leaving the UK, but only where they are seeking to claim a repayment of income tax.

Taxpayers in Self Assessment can indicate that they have become non-resident after leaving the UK, but tax returns for the 2024 to 2025 and the 2025 to 2026 tax years are not due to be received by HMRC until 31 January of 2026 and 2027 respectively.

HMRC does not produce statistics on high-net-worth individuals, but does, however, produce statistics on a subset of these individuals in the Non-domiciled taxpayers in the UK statistical release.[1]

[1] The latest release of the Non-domiciled taxpayers in the UK statistics can be found here for the 2022/23 tax year: https://www.gov.uk/government/statistics/statistics-on-non-domiciled-taxpayers-in-the-uk/statistical-commentary-on-non-domiciled-taxpayers-in-the-uk--2

Question to the HM Treasury:

To ask His Majesty's Government whether they plan to exempt hospitality businesses from the business rates surcharge as part of a review of support for high street sectors.

Answered by Lord Livermore - Financial Secretary (HM Treasury)

We are creating a fairer business rates system that protects the high street and supports investment.

To deliver our manifesto pledge, we intend to introduce permanently lower tax rates for retail, hospitality, and leisure (RHL) properties with rateable values below £500,000 from 2026-27. This permanent tax cut will ensure that RHL businesses benefit from much-needed certainty and support.

This tax cut must be sustainably funded, and so we intend to apply a higher multiplier from 2026-27 on the most valuable properties - those with rateable values of £500,000 and above. These represent less than one per cent of all properties, but cover the majority of large distribution warehouses, including those used by online giants. The final design of the new higher multiplier, including the rate, will be set at Budget 2025.

Question to the HM Treasury:

To ask His Majesty's Government what assessment they have made of the propriety of awarding the Trader Support Service contract to a company that is under public scrutiny as part of the Post Office Horizon scandal.

Answered by Lord Livermore - Financial Secretary (HM Treasury)

As a public contracting authority, HMRC follow government procurement rules when awarding contracts, ensuring value for money for taxpayers. The Trader Support Services contract was procured in compliance with the Public Contracts Regulations 2015. Existing service delivery is managed robustly by contract management teams in compliance with this legislation and to ensure that the requirements of UK traders are met under the Windsor Framework. HMRC keep the performance and conduct of all their suppliers under review.

Question to the HM Treasury:

To ask His Majesty's Government whether alternative suppliers are being considered in the re-tendering of the Trader Support Service, and whether they will take into account the risk profile of Fujitsu in those considerations.

Answered by Lord Livermore - Financial Secretary (HM Treasury)

HMRC follow standard government procurement rules and keep the performance and conduct of all their suppliers under review. All of HMRC’s contract opportunities are publicly available through Contracts Finder and Find-a-Tender Service. Contract opportunities are available to any economic operator that is able to meet the requirements of the procurement in compliance with the Public Contracts Regulations 2015 or The Procurement Regulations 2024, as applicable.

Question to the HM Treasury:

To ask His Majesty's Government what assessment they have made of the increasing provision of unregulated financial advice, particularly through social media, financial influencers, and the use of artificial intelligence.

Answered by Lord Livermore - Financial Secretary (HM Treasury)

The Financial Conduct Authority’s (FCA) Financial Lives Survey collects data on the sources of information that consumers are using to help with investments and pensions. The latest survey results show that 5.5% of UK adults accessed such information from social media in the year to May 2024. This proportion is higher for younger adults, rising to 9% of 18-24 year olds and 12% of 25-24 year olds. The FCA does not currently collect data on the use of artificial intelligence by consumers.

The provision of financial advice is an FCA-regulated activity and those who provide financial advice need to be authorised by the FCA and have the appropriate qualifications. The FCA can take action against firms or individuals who carry out regulated activity without authorisation. For example, the FCA recently led a global week of action against unlawful influencers resulting in over 650 take down requests on social media platforms in the UK.

The government is committed to ensuring that all consumers can access regulated and high-quality sources of advice and support. That is why together with the FCA, we are developing a new regime called targeted support. This will enable regulated financial services firms to provide more support to give people the confidence to invest and make more informed decisions about their pensions. In addition, the Money and Pensions Service (MaPS) is supported by the government to provide a wide range of tools and guidance to help people manage money confidently at every stage of life.

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, when she expects to receive the conclusions of the Payment Vision Delivery Committee.

Answered by Emma Reynolds - Economic Secretary (HM Treasury)

The National Payments Vision, published in November 2024, set out the government’s ambition for a trusted, world-leading payments ecosystem delivered on next generation technology, where consumers and businesses have a choice of payment methods to meet their needs.

To drive forward the activities required to achieve this, the government established the Payments Vision Delivery Committee – a senior cross-authority group, chaired by HM Treasury and comprising senior representatives of the Bank of England, FCA and PSR. The Committee is supported by the Vision Engagement Group including over 30 representatives from across the sector.

The Committee will shortly update on its first deliverable to set out an approach for the development and delivery of the UK’s retail payments infrastructure needs and the required governance and funding model to achieve it. It will also publish the Payments Forward Plan by end-2025, including a sequenced plan of future initiatives, and a recommended monitoring approach.

Question to the HM Treasury:

To ask His Majesty's Government what explains the increase in Departmental Expenditure Limit reserves between the Spring Statement 2025 and Spending Review 2025.

Answered by Lord Livermore - Financial Secretary (HM Treasury)

The change in the 2025 Departmental Expenditure Limit Reserves between Spring Statement 2025 and Spending Review 2025 is a result of changes to department budgets authorised by the Chief Secretary to the Treasury.

This includes Reserve claims paid at Main Supply Estimates, which are detailed in departments individual Main Estimates memoranda and surrenders made from department budgets back to the Reserve at the Spending Review.

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, if she will make an assessment of the potential merits of extending the eligibility criteria for the Help to Save scheme.

Answered by Emma Reynolds - Economic Secretary (HM Treasury)

The Help to Save scheme promotes financial resilience among working people on low incomes by encouraging a regular, long-term savings habit and building a financial buffer to help people to plan and prepare for the future. The scheme is only available to working individuals in receipt of certain benefits. This ensures it is targeted at its intended population.

The government has recently extended the eligibility criteria for the Help to Save scheme. From April 2025 it is available to all Universal Credit claimants in work, not just those earning over a certain amount. These changes mean that around 550,000 more people will be able to take advantage of the scheme, bringing the eligible population to 3 million.

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, whether she has had discussions with the Prudential Regulation Authority on the potential impact of reforming Solvency UK on the availability of annuity capital for investment in (a) housing, (b) transport and (c) infrastructure in (i) the UK and (ii) Newcastle-under-Lyme constituency.

Answered by Emma Reynolds - Economic Secretary (HM Treasury)

I have regular discussions with the Prudential Regulation Authority on a range of subjects, including the potential of recent reforms to the prudential requirements for insurers to have a positive impact on investment into productive UK assets, such as housing, transport, and infrastructure.

Question to the HM Treasury:

To ask His Majesty's Government what criteria will be used to release the £7.1 billion in unallocated Departmental Expenditure Limit reserves by 2028–29, and whether they intend that such allocations will be subject to parliamentary approval or set out in a Written Ministerial Statement.

Answered by Lord Livermore - Financial Secretary (HM Treasury)

The £7.1bn in Departmental Expenditure Limit Reserves in 2028-29 will be allocated subject to approval from the Chief Secretary to the Treasury and in line with the criteria set out in chapter 2 of the Consolidated Budgeting Guidance, the 2025-26 version of which can be found on GOV.UK.

Depending on when in the financial year the Chief Secretary agrees to allocate funding, Reserve allocations will be included in Main and Supplementary Estimates, which are voted on by Parliament. Departments will include these amounts in their Estimates memorandum.

Question to the HM Treasury:

To ask His Majesty's Government what the current responsibilities of accounting officers are, and where these responsibilities are formally set out in statute, guidance, or other official publications.

Answered by Lord Livermore - Financial Secretary (HM Treasury)

The Accounting Officer in a central government organisation is the person whom Parliament calls to account for stewardship of its resources. The standards the Accounting Officer is expected to deliver are set out in Managing Public Money, which more broadly sets out the main principles, specific requirements and good practice for dealing with public resources.

Furthermore, section 5(7) of the Government Resources and Accounts Act 2000 places statutory responsibility on each department’s accounting officer for;

• preparation of their department’s resource accounts, and
• transmission of those accounts to the Comptroller and Auditor General.

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what steps her Department is taking to ensure that stablecoin issuers maintain sufficient backing assets to protect consumers and financial stability.

Answered by Emma Reynolds - Economic Secretary (HM Treasury)

On 29 April, HM Treasury published draft legislation for the future financial services regulatory regime for cryptoassets.

The draft legislation includes a new regulated activity for stablecoin issuance in the UK, meaning firms carrying on this activity will need to be authorised by the Financial Conduct Authority.

The Government is seeking to bring forward final legislation before the end of this year.

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what steps she is taking to encourage investment in Harpenden and Berkhamsted constituency.

Answered by Emma Reynolds - Economic Secretary (HM Treasury)

This government is committed to keeping Britain economically stable to spur investment. Investment that will increase the number of good, well-skilled jobs and improve productivity across the country.

Last month the government released the Industrial and Infrastructure Strategies. These 10-year plans will create and connect people to good jobs, support new housing and neighborhoods, and ensuring people can depend on vital public services. They will also increase business investment in 8 growth-driving sectors, by making it quicker and easier for businesses to invest and providing them with the certainty and stability needed for long-term investment decisions.

To support the success of our strategies the Department for Business and Trade has a dedicated investment function in the UK and overseas, including the new expanded Office for Investment (OfI) which is the UK’s investment promotion agency. This bolstered OfI redoubles UK efforts to secure investment to drive economic growth as part of Government’s Plan for Change and targets investors in high-growth and foundational sectors. Since taking office over 600 individual investments have been supported by this government, and we will continue to work hard on landing more.

This government is also committed to supporting growth driving initiatives such as the Oxford-Cambridge Corridor. At the start of this year Science Minister Vallance was appointed as Oxford-Cambridge Innovation Champion. He will strengthen connections between OxCam and the wider UK, so this region is an economic engine for the entire nation.

These measures will encourage investment into Harpenden and Berkhamsted, with local organisations like Rothamsted Research able to benefit from participation in OxCam-related research and innovation. The Industrial Strategy’s focus on frontier manufacturing sectors, including Agri-Tech, will further support this.

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what steps she is taking to ensure buy-to-let mortgage products are available for landlords renting to vulnerable tenants.

Answered by Emma Reynolds - Economic Secretary (HM Treasury)

The Government welcomes innovation in the mortgage market and continues to work with the sector to improve housing provisions and the safeguards in place for the vulnerable.

The availability and design of buy-to-let mortgages is a commercial decision for lenders in which the Government does not intervene.

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what recent progress she has made with the banking industry on the roll out of banking hubs in North East Somerset and Hanham constituency.

Answered by Emma Reynolds - Economic Secretary (HM Treasury)

The Government recognises the importance of face-to-face banking to communities and high streets in North East Somerset and Hanham, and across the country.

This is why the Government is working closely with industry to roll out 350 banking hubs across the UK. The UK banking sector has committed to deliver these hubs by the end of this Parliament.

Over 230 hubs have been announced so far, and over 170 are already open.

The location of these hubs is determined independently by LINK, the industry coordinating body responsible for making access to cash assessments. When a cash service such as a bank branch closes, or if LINK receives a request directly from a community, LINK assesses a community’s access to cash needs. This assessment may lead to a recommendation for the establishment of a banking hub in that community.

A temporary banking hub is now open in Keynsham, while the search for a permanent location is underway.

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what assessment she has made of the potential impact of a Central Finance Facility for credit unions on the economy.

Answered by Emma Reynolds - Economic Secretary (HM Treasury)

The Government has made clear its strong support for the credit union sector, recognising the value that credit unions bring to their members in local communities across the country in providing savings products and affordable credit.

HM Treasury is delivering on measures announced by the Chancellor in last year’s Mansion House speech, including: concluding a call for evidence on potential reforms to credit union common bonds, supporting the industry-led Mutual and Co-operative Sector Business Council, and commissioning the Financial Conduct Authority (FCA) and Prudential Regulation Authority (PRA) to publish a report on the mutuals landscape by the end of 2025.

The Government currently has no plans to develop a central finance facility for credit unions but continues to engage with the sector and will keep all issues, like central finance functions, under review.

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what assessment her Department has made of the potential impact of a reduction in the annual tax-free cash ISA allowance on people in (a) Eastbourne and (b) the UK.

Answered by Emma Reynolds - Economic Secretary (HM Treasury)

The Government is committed to incentivising greater saving and investment. Individual Savings Accounts (ISAs) help people save for their future goals and build greater financial resilience.

The Government recognises the important role that cash savings play in helping households build a financial buffer for a rainy day. The Government also wants to see more consumers participate in capital markets and benefit from the long-term financial security and returns that investing can provide.

The impact of any changes to ISAs would be set out in a tax information impact note. The Government continues to keep all aspects of savings policy under review.

Question to the HM Treasury:

To ask His Majesty's Government what changes have been made to the duties, responsibilities or expectations of accounting officers following the publication of the "Dear Accounting Officer" letter 02/25 on 12 June, and the revised version of Managing Public Money to which it refers.

Answered by Lord Livermore - Financial Secretary (HM Treasury)

The key themes and principles underpinning previous versions of Managing Public Money are unchanged, and likewise the core duties, responsibilities and expectations of accounting officers remain the same.

The update to Managing Public Money incorporates a number of clarifications and changes, and accounting officers should ensure these are followed as appropriate as part of their duties to ensure regularity and propriety in the use of public resources.

As set out in the Dear Accounting Officer letter DAO 02/25, the 2025 edition of Managing Public Money includes the following revisions and additions.

1. New guidance on the circumstances in which it might be appropriate to ‘pre-fund’ future liabilities, aligned with guidance set out in Dear Accounting Officer letter 05/23.
2. Revised guidance on subsidy control to reflect changes to the wider UK subsidy control regime.
3. Updated guidance on how accounting officers should manage risk in their organisations.
4. Revised references and guidance on the importance of evaluation in government.
5. Updated guidance on the use of models in government.
6. Updated guidance on access to information by the National Audit Office, and clarifying rules on communication with the Public Accounts Committee.
7. Revised guidance on the propriety of using the Companies Act 2006 to establish government owned companies.
8. Revisions permitting the setting of delegations by the Treasury for the approval of special severance payments.
9. Revised guidance, to align with that in Consolidated Budgeting Guidance, on the disposal of public sector land.
10. An uprated threshold for the definition of ‘modest’ expenditure which may rest on the sole authority of the Supply and Appropriation Act, to reflect inflation.
11. Updated guidance on fees and charges reporting to ensure that these are backed by appropriate powers.
12. Updated guidance on the treatment of Public Corporations.
13. Updated wording to confirm the scope of the rules in Managing Public Money – in line with existing Clear Line of Sight guidance.
14. More detailed definitions of Regularity, Propriety, Value for Money and Feasibility.
15. Wider corrections and amendments including updated links to wider government guidance.

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what steps her Department is taking to ensure that people with disabilities have equitable access to services provided by (a) banks and (b) financial service providers.

Answered by Emma Reynolds - Economic Secretary (HM Treasury)

As service providers, banks and building societies are bound under the Equality Act 2010 to make reasonable adjustments, where necessary, in the way they deliver their services.

In this context, the Government recognises that access to financial products and services ensures everyone can participate fully in the economy and in society.

This is why the Government has committed to publish a Financial Inclusion Strategy later this year. The strategy is being developed alongside a committee of industry and consumer representatives and will aim to tackle barriers to individuals’ and households’ ability to access affordable and appropriate products. As part of this, the committee is considering the cross-cutting theme of accessibility (alongside the themes of economic abuse and mental health) to ensure this informs the strategy’s development.

For people with disabilities who require in-person services, the Government is also working closely with industry to roll out at least 350 banking hubs which will provide communities with critical cash and banking services. Over 230 hubs have been announced so far, and over 170 are already open. Cash Access UK, who oversee banking hub rollout, work to ensure that their physical premises are fully accessible, and their services promote an inclusive environment.

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what assessment she has made of the potential impact of the reduction of face to face banking options for all customers who find digital and telephone banking difficult to access.

Answered by Emma Reynolds - Economic Secretary (HM Treasury)

Although digital banking is now widely used, with 93% of people making use of mobile or online services last year, the Government recognises that the ability to access cash and in-person banking support remains essential for many. This is why we have secured the industry’s commitment to roll out 350 banking hubs by the end of this Parliament, ensuring that access to face-to-face banking is protected. Over 230 hubs have been announced so far, and over 170 are already open.

An alternative option to access in-person banking services is via the Post Office. The Post Office Banking Framework allows personal and business customers to withdraw and deposit cash, check their balance, pay bills and cash cheques at 11,500 Post Office branches across the UK. The Government protects the Post Office network by setting minimum access criteria. These include ensuring that 99% of the UK population lives within three miles of a Post Office and 90% of the population within one mile.

More widely, ensuring individuals have access to the appropriate financial products and services they need is a key priority for the Government. That is why we have committed to publish a Financial Inclusion Strategy later this year which will examine the barriers consumers face in accessing the products they need.

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what assessment her Department has made of the effectiveness of the Financial Conduct Authority's powers in preventing insurers from applying excessive premium increases to non-fault claimants.

Answered by Emma Reynolds - Economic Secretary (HM Treasury)

Insurers make commercial decisions about pricing and the terms of cover they offer based on their assessment of the relevant risks. This is usually informed by the insurer’s claims experience and other industry-wide statistics.

However, the Government is determined that insurers should treat customers fairly and firms are required to do so under Financial Conduct Authority (FCA) rules. The FCA requires firms to ensure their products offer fair value (i.e. if the price a consumer pays for a product or service is reasonable compared to the overall benefits they can expect to receive).

The FCA have made clear they monitor firms to ensure they provide products that are fair value, and, where necessary, it has robust powers to take action against firms that fail to comply with its rules.

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what progress has been made on the Loan Charge Review.

Answered by James Murray - Exchequer Secretary (HM Treasury)

The independent review of the Loan Charge is ongoing and will report in the summer. The Government will respond to the review by Autumn Budget 2025.

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what assessment she has made of the potential impact of the autumn Budget 2024 on costs for small and medium-sized businesses in (a) Harpenden and Berkhamsted constituency, (b) Hertfordshire and (c) the rest of England.

Answered by Emma Reynolds - Economic Secretary (HM Treasury)

The government’s priority mission is to deliver strong, secure and sustainable economic growth to boost living standards in every part of the UK. The Spending Review marked a key step in the growth mission, allocating substantial new capital investment to ensure growth is felt across the country. This investment will be further bolstered in the coming months by other reforms, building on the Industrial Strategy and the 10-Year Infrastructure Strategy announced last month.

Hertfordshire will receive £38 million in Local Transport Grant funding enabling local authorities to deliver transport improvements including more zero emission buses, cycleways, accessibility and congestion improvement measures. This will deliver a four-fold increase in funding in 2029-30 compared to 2024-25.

At Autumn Budget, the Government protected the smallest businesses from the impact of the increase to Employer National Insurance by increasing the Employment Allowance from £5,000 to £10,500. The Government also froze the small businesses multiplier for 2025-26, and extended the retail, hospitality and leisure (RHL) business rates relief for 1-year at 40% (up to a cash cap of £110,000 per business).

The Government has accepted the Low Pay Commission’s recommendations to increase the National Living Wage and National Minimum Wage rates, which balance the impacts on business, competitiveness of the labour market and wider economy, as well as taking into account the cost of living.

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what steps her Department is taking to help increase economic growth in Harpenden and Berkhamsted constituency.

Answered by Emma Reynolds - Economic Secretary (HM Treasury)

The government’s priority mission is to deliver strong, secure and sustainable economic growth to boost living standards in every part of the UK. The Spending Review marked a key step in the growth mission, allocating substantial new capital investment to ensure growth is felt across the country. This investment will be further bolstered in the coming months by other reforms, building on the Industrial Strategy and the 10-Year Infrastructure Strategy announced last month.

Hertfordshire will receive £38 million in Local Transport Grant funding enabling local authorities to deliver transport improvements including more zero emission buses, cycleways, accessibility and congestion improvement measures. This will deliver a four-fold increase in funding in 2029-30 compared to 2024-25.

At Autumn Budget, the Government protected the smallest businesses from the impact of the increase to Employer National Insurance by increasing the Employment Allowance from £5,000 to £10,500. The Government also froze the small businesses multiplier for 2025-26, and extended the retail, hospitality and leisure (RHL) business rates relief for 1-year at 40% (up to a cash cap of £110,000 per business).

The Government has accepted the Low Pay Commission’s recommendations to increase the National Living Wage and National Minimum Wage rates, which balance the impacts on business, competitiveness of the labour market and wider economy, as well as taking into account the cost of living.

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what assessment HMRC has made of the potential merits of using alternative data sources on smoking incidence to calculate tobacco tax estimates.

Answered by James Murray - Exchequer Secretary (HM Treasury)

The tobacco duty forecast starts by generating an in-year estimate for receipts in the current year based on the year-to-date performance of receipts. Future tobacco duty receipts are then forecast from that starting point based on inflation (CPI and RPI), real household consumption and underlying trends in tobacco consumption. Smoking incidence rates impact receipts and are accounted for via the in-year receipts estimate and underlying trends in tobacco consumption.

The Office for Budget Responsibility (OBR) provide further details on the tobacco tax receipt forecast on their Tobacco duties forecast webpage.

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, with reference to her Oral Statement of 30 October 2024 on Financial Statement and Budget Report, Official Report, column 821, whether it remains her policy not to extend the freeze on income tax thresholds.

Answered by James Murray - Exchequer Secretary (HM Treasury)

The Government is committed to keeping taxes for working people as low as possible while ensuring fiscal responsibility. That is why, at our first Budget, we decided not to extend the freeze on personal tax thresholds.

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what private businesses she has consulted on the business rates system.

Answered by James Murray - Exchequer Secretary (HM Treasury)

The Government published a Discussion Paper at Autumn Budget 2024 setting out priority areas for business rates reform. This paper invited industry to help co-design a fairer business rates system that supports investment and is fit for the 21st century. The Treasury received over 160 written responses to that Discussion Paper and met with over 250 stakeholders from a range of different sectors.

On 17 February, the Government published a ‘forward look’ of the expected timeline for reforms announced at Autumn Budget 2024, and how stakeholders should engage with the Government on business rates reform going forwards.

In the summer, the Government will publish an interim report that sets out a clear direction of travel for the business rates system, with further policy detail to follow at Budget 2025.

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, when the Exchequer Secretary to the Treasury plans to respond to the correspondence from the hon. Member for Christchurch of 3 April 2025, reference MC2025/08032.

Answered by James Murray - Exchequer Secretary (HM Treasury)

The letter is being carefully considered and a response will be issued by11 July.

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, when she plans to amend Gift Aid legislation to ensure that charities operating on a membership subscription model can continue to claim Gift Aid while complying with the requirements of the Digital Markets, Competition and Consumers Act 2024.

Answered by James Murray - Exchequer Secretary (HM Treasury)

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what assessment she has made of the potential merits of increasing the Digital Services Tax.

Answered by James Murray - Exchequer Secretary (HM Treasury)

The DST is an interim solution to widely held concerns with international corporate tax, and the UK remains committed to remove it once a global solution on the taxation of the digital economy through Pillar 1 of the G20-OECD Inclusive Framework project is in place.

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, whether her Department has made an estimate of the number of individuals who intend to leave the UK following the ending of Business Asset Disposal Relief.

Answered by James Murray - Exchequer Secretary (HM Treasury)

No estimate of the number of individuals who would leave the UK if Business Asset Disposal Relief (BADR) were to be abolished has been made.

The government recognises the important role that small businesses and entrepreneurs will play in boosting Britain’s growth. That’s why BADR has been maintained with a generous lifetime limit of £1 million, and BADR rates increases have been phased in over 18 months to give business owners time to adjust.

You can find statistics on the number of claimants, amounts of qualifying gains and tax charged at the BADR rate in table 4 of the Capital Gains Tax accredited official statistics.

Capital Gains Tax statistics - GOV.UK

You can also find an estimate for the cost of BADR in the cost of non-structural tax reliefs statistics:

Tax relief statistics - GOV.UK

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what proportion of the increased funding for employment support will be allocated to the hospitality sector in coastal towns.

Answered by James Murray - Exchequer Secretary (HM Treasury)

The Pathways to Work Green Paper made clear that the additional funding for employment support is aimed at all disabled people and people with health conditions claiming out of work benefits, who want help to get into or return to work.

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what assessment she has made of the implications for her policies of UK hospitality's press release entitled, One third of hospitality businesses now operating at a loss, published 2 June 2025.

Answered by James Murray - Exchequer Secretary (HM Treasury)

The Government is committed to supporting the hospitality sector. That is why we have launched a licensing taskforce to make recommendations to cut red tape and remove barriers to business growth that exist within the UK’s licensing framework. The industry-led Taskforce has shared its findings with the Government, and we aim to update publicly by the summer.

The Government is also creating a fairer business rates system that protects the high street, supports investment, and is fit for the 21st century. From April 2026, the Government intends to introduce permanently lower tax rates for retail, hospitality, and leisure (RHL) properties with rateable values below £500,000. This permanent tax cut will ensure that the hospitality sector benefit from much-needed certainty and support.

The rates for these new business rate multipliers will be set at Budget 2025 so that the Government can take into account the upcoming revaluation outcomes as well as the economic and fiscal context.

We also recognise that RHL businesses will need support during the interim period for 2025/26, and so we are providing 40 per cent relief to RHL properties up to a cash cap of £110,000 per business. Without any government intervention, RHL relief would have ended entirely in April 2025, creating a cliff-edge for businesses.

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what assessment she has made of the potential impact of the business rates system on pub closures.

Answered by James Murray - Exchequer Secretary (HM Treasury)

We are creating a fairer business rates system that protects the high street, supports investment, and is fit for the 21st century.

From 2026-27, we intend to introduce permanently lower tax rates for retail, hospitality, and leisure properties with rateable values below £500,000, which will benefit almost all pubs in England. We will confirm the rates for these new multipliers at Budget 2025, taking account of the outcomes of the 2026 revaluation as well as the broader economic and fiscal context.

Until these new tax rates are introduced, in 2025-26, RHL businesses will receive a 40 per cent relief on their eligible properties up to a cash cap of £110,000 per business. Under the previous Government, RHL relief was due to end entirely in April 2025. By extending the relief, the Government has saved the average pub, with a ratable value of £16,800, over £3,300.

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what recent assessment her Department has made of the potential impact of the standard 20% VAT rate on the international competitiveness of the (a) tourism and (b) hospitality sectors.

Answered by James Murray - Exchequer Secretary (HM Treasury)

The Government recognises the significant contribution made by hospitality and tourism businesses to economic growth and social life in the UK.

VAT is a broad-based tax on consumption, and the 20 per cent standard rate applies to most goods and services. The UK’s VAT rate of 20 per cent is close to the OECD average of 19.3 per cent. The UK has a higher VAT registration threshold than any EU country and the joint highest in the OECD, at £90,000. This keeps the majority of businesses out of the VAT regime altogether.

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, pursuant to the Answer of 9 June 2025 to Question 54866 on Alcoholic Drinks, if she will remove the exclusion of the direct manufacture of alcoholic beverages from paragraph 2.12 of the UK Government Green Financing Framework.

Answered by Emma Reynolds - Economic Secretary (HM Treasury)

The Green Financing Framework, published in 2021, explains how proceeds from green gilts and NS&I’s retail Green Savings Bonds will finance public expenditures that demonstrate a direct and positive environmental impact.

The Framework includes guidelines on the types of expenditures that can be included in the Programme. Eligible expenditures are drawn from departments’ confirmed Spending Review settlements and assessed on the basis of their contribution to the government’s climate and environmental objectives.

The Framework excludes financing of the direct manufacture of alcoholic beverages, alongside other named exclusions, in line with international convention and investor expectations for green bond frameworks. This approach enables the UK’s green gilts to be accessible to the greatest possible pool of investors, improving value-for-money.

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, pursuant to the Answer of 9 June 2024 to Question 54793 on British Indian Ocean Territory: Sovereignty, what proportion of the costs will come from the (a) Ministry of Defence and (b) Foreign, Commonwealth and Development Office budgets.

Answered by Darren Jones - Chief Secretary to the Treasury

The payments to Mauritius will be split between the Foreign, Commonwealth and Development Office and Ministry of Defence. They will be published in the normal manner alongside other departmental spend in the annual accounts.

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what recent discussions she has had with the Secretary of State for Environment, Food and Rural Affairs on conditions attached to the spending of the farming budget to ensure (a) value for money, (b) increased food security and (c) environmental targets are met.

Answered by Darren Jones - Chief Secretary to the Treasury

The Chancellor and I have regular discussions with the Secretary of State for Environment, Food and Rural Affairs on a range of matters.

Defra’s settlement will invest more than £2.7 billion a year in sustainable farming and nature recovery from 2026-27 until 2028-29. This will protect the natural ecosystems underpinning food production, boosting food security and delivery of our environmental targets. We are increasing value for money, and accelerating progress towards our environmental targets, by rapidly winding down subsidy payments that do not provide a return on investment to increase funding for Environmental Land Management schemes from £800 million in 2023-24 to £2 billion by 2028-29.

Question to the HM Treasury:

To ask His Majesty's Government whether the £50 million of funding they have committed to the Gaelic Athletic Association for the redevelopment of the Casement Park stadium has any clawback or repayment conditions attached.

Answered by Lord Livermore - Financial Secretary (HM Treasury)

The UK Government has provided £50m of Capital Financial Transactions funding to redevelop Casement Park. While the UK Government will continue to work with the Northern Ireland Executive, it is up to the Executive to design and implement the Financial Transaction. The Financial Transaction will be provided to the Executive on a net basis, it does not need to be repaid to the UK Government and the Executive can recycle any repayments indefinitely.

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, pursuant to the Answer of 30 June 2025 to Question 62537 on Crown Estate: Northern Ireland, for what reason the rent income received from public authorities in Northern Ireland was higher in 2020 than any of the dates listed.

Answered by Darren Jones - Chief Secretary to the Treasury

The higher rental income received from public authorities in Northern Ireland in 2020, compared to the years listed in the response to Question 62537, was due to a one-off backdated rent payment. Specifically, in 2020, a backdated rent invoice was issued covering the period from 1 January 2000 to 5 April 2020. This resulted in a significant uplift in reported income for that year.

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, how many exemptions have been approved for Permanent Secretary remuneration to exceed the band maximum since 4 July 2024.

Answered by Darren Jones - Chief Secretary to the Treasury

Since 4^th July 2024, two Permanent Secretary roles have been approved to exceed the Permanent Secretary pay band.

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what steps her Department is taking to help improve the (a) financial oversight and (b) delivery assurance of major infrastructure projects.

Answered by Darren Jones - Chief Secretary to the Treasury

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what assessment her Department has made of the potential impact of a reduction on the savings limit on Individual Savings Accounts on savers.

Answered by Emma Reynolds - Economic Secretary (HM Treasury)

The Government is committed to incentivising greater saving and investment. Individual Savings Accounts (ISAs) help people save for their future goals and build greater financial resilience.

The Government recognises the important role that cash savings play in helping households build a financial buffer for a rainy day. The Government also wants to see more consumers participate in capital markets and benefit from the long-term financial security and returns that investing can provide.

The impact of any changes to ISAs would be set out in a tax information impact note. The Government continues to keep all aspects of savings policy under review.

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what steps she is taking to incentivise saving.

Answered by Emma Reynolds - Economic Secretary (HM Treasury)

Individuals can save up to £20,000 into an Individual Savings Account each year, and any savings income received is tax free. Along with the Personal Savings Allowance of up to £1,000, and the Starting Rate for Savings of up to £5,000 for those with earned income below £17,570, around 85 per cent of people with savings income pay no tax.

The Help to Save scheme also supports low-income working households to start a long-term savings habit.

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what dates have been set for (a) the inaugural meeting and (b) any future meetings of the London Coalition on Sustainable Sovereign Debt.

Answered by Emma Reynolds - Economic Secretary (HM Treasury)

The launch event for the London Coalition on Sustainable Sovereign Debt took place on 23^rd June. Dates for future meetings are still being finalised.

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what budget has been allocated for the London Coalition on Sustainable Sovereign Debt.

Answered by Emma Reynolds - Economic Secretary (HM Treasury)

No government funding has been allocated to the London Coalition on Sustainable Sovereign Debt. As set out in my written ministerial statement of 23^rd June, the Coalition is convened by the Sustainable Sovereign Debt Hub and funded by CIFF (The Children’s Investment Fund Foundation).

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what steps she is taking to reduce the number of households relying on high-cost credit to meet living expenses.

Answered by Emma Reynolds - Economic Secretary (HM Treasury)

The Financial Conduct Authority (FCA) is responsible for regulating the consumer credit sector. The FCA requires firms to carry out an assessment of the creditworthiness of a prospective borrower before entering into a regulated credit agreement with them. Under FCA rules, when undertaking creditworthiness assessments, firms must assess each customer’s creditworthiness by considering not just whether a customer will repay, but also the customer’s ability to repay affordably and without significantly affecting their wider financial situation.

The Government recognises that credit, when provided responsibly and affordably, can be crucial for people facing unexpected expenses or managing their cash flow. That is why, as part of its Financial Inclusion Strategy, the Government is committed to expanding access to affordable credit. The development of the Financial Inclusion Strategy is being informed by a committee of industry and consumer representatives I chair, ahead of its publication later this year. The access to credit workstream has been considered by a dedicated sub-committee which included financial services firms, credit unions and consumer representative organisations. The Committee has also been considering how to support individuals and households to build their financial resilience by increasing the level of emergency saving buffers in the UK.

In addition, the Government provides a range of debt advice services in England through the Money and Pensions Service (MaPS) to meet the needs of individuals in problem debt, including national and community-based services offering free-to-client debt advice.

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, whether her Department has a target for the number of staff it plans to employ over the period of the Spending Review.

Answered by James Murray - Exchequer Secretary (HM Treasury)

The Department’s SR settlement of a 10% real terms reduction to admin budgets by 2028-29 means HM Treasury will need to get smaller, necessitating a reduction in resource in some areas. Headcount reductions will be subject to future business planning where the department will take decisions on how the savings will be delivered.

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, if she will publish a distributional impact assessment of changes to national insurance contributions on (a) low and (b) middle income workers in the hospitality industry.

Answered by James Murray - Exchequer Secretary (HM Treasury)

The Government has set out the impacts of the policy changes from Autumn Budget 2024 in the usual way.

A Tax Information and Impact Note (TIIN) was published alongside the introduction of the Bill containing the changes to employer NICs. The TIIN sets out the impact of the policy on the exchequer, the economic impacts of the policy, and the impacts on individuals, businesses, and civil society organisations, as well as an overview of the equality impacts.

With all policies considered, this forecasts the employment level to increase from 33.6 million in 2024 to 34.8 million in 2029.

The Office for Budget Responsibility published its most recent Economic and Fiscal Outlook (EFO) in March 2025, which sets out a detailed forecast of the economy and public finances.

The Government decided to protect the smallest businesses from the changes to employer NICs by increasing the Employment Allowance from £5,000 to £10,500. This means that this year, 865,000 employers will pay no NICs at all, and more than half of all employers will either gain or will see no change.

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what assessment she has made of the impact of changes to the employer National Insurance contributions on employment levels in the hospitality sector.

Answered by James Murray - Exchequer Secretary (HM Treasury)

The Government has set out the impacts of the policy changes from Autumn Budget 2024 in the usual way.

A Tax Information and Impact Note (TIIN) was published alongside the introduction of the Bill containing the changes to employer NICs. The TIIN sets out the impact of the policy on the exchequer, the economic impacts of the policy, and the impacts on individuals, businesses, and civil society organisations, as well as an overview of the equality impacts.

With all policies considered, this forecasts the employment level to increase from 33.6 million in 2024 to 34.8 million in 2029.

The Office for Budget Responsibility published its most recent Economic and Fiscal Outlook (EFO) in March 2025, which sets out a detailed forecast of the economy and public finances.

The Government decided to protect the smallest businesses from the changes to employer NICs by increasing the Employment Allowance from £5,000 to £10,500. This means that this year, 865,000 employers will pay no NICs at all, and more than half of all employers will either gain or will see no change.

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, if she will make an assessment of the potential impact on (a) energy efficiency and (b) indoor air quality of adding mechanical ventilation with heat recovery systems to the list of energy saving materials eligible for the 0% VAT rate.

Answered by James Murray - Exchequer Secretary (HM Treasury)

This Government is committed to improving the quality and sustainability of the country’s housing stock, through improvements such as low carbon heating, insulation, solar panels, and batteries. This will be vital to making the UK more energy resilient and meeting our 2050 Net Zero commitment.

Installations of qualifying energy-saving materials (ESMs) in residential accommodation and buildings used solely for a charitable purpose benefit from a temporary VAT zero rate until March 2027, after which they will revert to the reduced rate of VAT at five per cent.

The Government assesses whether to add ESMs to this relief by evaluating them against the following principles: the primary purpose of the technology must be to improve energy efficiency and reduce carbon emissions; and relieving the technology of VAT must be cost effective and align with broader VAT principles.

Question to the HM Treasury:

To ask His Majesty's Government, further to the Written Answer by Lord Livermore on 18 June (HL8163), what steps they are taking to ensure that Mastercard provides details of the compensation scheme in an effective and timely way.

Answered by Lord Livermore - Financial Secretary (HM Treasury)

In May, the Competition Appeal Tribunal approved a settlement which would allow consumers to claim compensation in relation to historical card fees. This is a settlement between those claimants that brought the case and Mastercard, in which government is not involved.

Question to the HM Treasury:

To ask His Majesty's Government what assessment they have made of economic data for 2023 issued by the International Monetary Fund and the Organisation for Economic Co-operation and Development showing that GDP per person in Germany was 15 per cent greater than in the United Kingdom, and that GDP per hour worked was 20 per cent greater; and whether they have identified any reasons for these disparities.

Answered by Lord Livermore - Financial Secretary (HM Treasury)

As was the case in many advanced economies, the UK experienced a slowdown in productivity growth following the Global Financial Crisis, but this was sharper than for our peers.

HM Treasury published analysis at the Budget in October 2024 [1] , showing that under the previous government UK productivity growth fell to the second slowest in the G7 – lower than France, Germany and the US. This is also reflected in national data collated by the IMF and the OECD.

The UK’s productivity gap with Germany is largely explained by lower levels of capital per worker and weaker total factor productivity.

Increasing productivity is vital in driving economic growth and improving the living standards of working people. That is why growth is the priority mission of this government and why we continue to take steps to boost productivity.

This includes increasing the capital envelope by over £100 billion at Autumn Budget 2024 and a further £13 billion at Spring Statement. Additional capacity announced at Spending Review 2025 and the 10 Year Infrastructure Strategy has allowed the government to increase the capacity of Public Financial Institutions by around 60% this Parliament, to £153 billion. We are also removing barriers to investment through ambitious planning reforms, and championing growth-enhancing sectors through our modern Industrial Strategy.

[1] Box 1.A UK growth performance since the GFC - Autumn Budget 2024 – HC 295

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what consultation (a) her Department and (b) the Valuation Office Agency undertook with the (i) flexible workspace sector and (ii) representatives of small businesses prior to concluding that most serviced offices should be assessed as a single property for business rates purposes.

Answered by James Murray - Exchequer Secretary (HM Treasury)

Following developments in case law and legal advice, the VOA has reviewed its approach and concluded that most serviced offices will need to be assessed as a single property. The VOA has engaged with the sector and rating agents to discuss the approach to assessing serviced offices.

In line with legal obligations, the VOA is working through outstanding Checks and Challenges on serviced offices. For serviced offices that are new to the Rating List or subject to Checks and Challenges, the starting position is to treat them as a single assessment, unless there is clear evidence to support separate assessments. The VOA will apply the law to the facts on a case-by-case basis.

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what assessment her Department has made of the potential impact of changes to a residence-based inheritance tax system on the numbers of UK residents with permanent homes outside of the UK.

Answered by James Murray - Exchequer Secretary (HM Treasury)

A supplementary forecast information release around the costings of reforms to the non-domicile regime, including the move to residence-based inheritance tax system, was published by the Office for Budget Responsibility in January 2025. This costing outlines the certified impact of ending the non-domiciled tax status on revenues to the Exchequer and the underlying behavioural assumptions.

https://obr.uk/docs/dlm_uploads/Non-doms-supplementary-release-Jan-2025.pdf

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what assessment (a) her Department and (b) the Valuation Office Agency has made of the potential impact of changing the business rates valuation methodology for serviced offices from multiple hereditaments to a single hereditament model on (i) small businesses and (ii) flexible workspace operators.

Answered by James Murray - Exchequer Secretary (HM Treasury)

Following developments in case law and legal advice, the VOA has reviewed its approach and concluded that most serviced offices will need to be assessed as a single property. The VOA has engaged with the sector and rating agents to discuss the approach to assessing serviced offices.

In line with legal obligations, the VOA is working through outstanding Checks and Challenges on serviced offices. For serviced offices that are new to the Rating List or subject to Checks and Challenges, the starting position is to treat them as a single assessment, unless there is clear evidence to support separate assessments. The VOA will apply the law to the facts on a case-by-case basis.

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what assessment she has made of the potential impact of increases in (a) National Insurance Contributions and (b) the National Minimum Wage on food price inflation.

Answered by James Murray - Exchequer Secretary (HM Treasury)

It is in the remit of the Low Pay Commission, who advise the Government on the minimum wage rates, to consider the impact of changes to the minimum wage on inflation, alongside the wider economy and the labour market. The Government knows that employers respond to increases in minimum wage rates in a range of ways, but existing evidence finds that the impact on inflation is small.

Additionally, assessments made by the Office for Budget Responsibility (OBR) in March 2025 suggest that policy changes made at the 2024 Autumn Budget will lead to very small increases in CPI inflation, increasing the price level by less than 0.1 per cent by the end of the parliament. Throughout the forecast period, the OBR expect CPI inflation to remain close to the 2 per cent target. The OBR does not publish estimates of the impact of policy changes on food price inflation.

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, pursuant to the Answer of 9 June 2025 to Question 56711 on Council tax: valuation, how many complaints have been made to (a) Tier 1 complaints process, (b) Tier 2 complaints process and (c) the Adjudicator's Office in relation delays in council tax banding appeals by the Valuation Office Agency in the last 12 months.

Answered by James Murray - Exchequer Secretary (HM Treasury)

Between 1 July 2024 and 30 June 2025, the VOA received the following number of complaints about delays:

Tier 1 – 677

Tier 2 - 103

Adjudicator’s Office (Council Tax complaints)– 9

For context, on average the VOA deals with around 60,000 cases each year in England and Wales where customers wish to challenge their council tax band.

Question to the HM Treasury:

To ask His Majesty's Government what plans they have to extend the functionality of HMRC’s online personal tax accounts to include Making Tax Digital requirements from April 2026.

Answered by Lord Livermore - Financial Secretary (HM Treasury)

Making Tax Digital (MTD) for Income Tax will be rolled out from 2026 to simplify the process by which self-employed individuals and landlords make their annual tax returns. It will also reduce error and help to ensure self-employed individuals and landlords pay the right amount of tax. This in turn will help tackle the tax gap and generate an expected £1.95 billion of additional tax revenue by 2029-30 to fund vital public services.

Businesses that currently use MTD for VAT have reported several benefits including time savings, increased tax confidence, greater accuracy, and improved business operations in comparison to manual processes. Extending MTD for Income Tax will extend these benefits to a further 2.75 million self-employed individuals and landlords

MTD for Income Tax will require users to keep electronic tax records, submit quarterly updates of income and expenditure and submit a Tax Return. Users will need to complete these steps using commercial software. The government is not building functionality to allow MTD users to complete these steps on their online Personal or Business Tax Accounts. However, MTD users will be able to see details of information submitted within software through their Personal or Business Tax Accounts. This includes information about their quarterly updates and estimated tax liability.

The government has worked with the software industry to ensure there are free and low-cost software options available, alongside a wider range of software choices to suit varying needs and budgets. The use of software offers more flexible and tailored ways for users to manage their tax affairs compared to HMRC’s online services.

Question to the HM Treasury:

To ask His Majesty's Government why they are extending the Making Tax Digital regime to individual taxpayers from April 2026.

Answered by Lord Livermore - Financial Secretary (HM Treasury)

Making Tax Digital (MTD) for Income Tax will be rolled out from 2026 to simplify the process by which self-employed individuals and landlords make their annual tax returns. It will also reduce error and help to ensure self-employed individuals and landlords pay the right amount of tax. This in turn will help tackle the tax gap and generate an expected £1.95 billion of additional tax revenue by 2029-30 to fund vital public services.

Businesses that currently use MTD for VAT have reported several benefits including time savings, increased tax confidence, greater accuracy, and improved business operations in comparison to manual processes. Extending MTD for Income Tax will extend these benefits to a further 2.75 million self-employed individuals and landlords

MTD for Income Tax will require users to keep electronic tax records, submit quarterly updates of income and expenditure and submit a Tax Return. Users will need to complete these steps using commercial software. The government is not building functionality to allow MTD users to complete these steps on their online Personal or Business Tax Accounts. However, MTD users will be able to see details of information submitted within software through their Personal or Business Tax Accounts. This includes information about their quarterly updates and estimated tax liability.

The government has worked with the software industry to ensure there are free and low-cost software options available, alongside a wider range of software choices to suit varying needs and budgets. The use of software offers more flexible and tailored ways for users to manage their tax affairs compared to HMRC’s online services.

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what steps is she taking with Cabinet colleagues to help reduce child poverty.

Answered by Darren Jones - Chief Secretary to the Treasury

The government is determined to tackle child poverty and will publish an ambitious strategy this autumn that will address its structural and root causes. As a downpayment on that strategy, we are expanding Free School Meals in England to all children with a parent receiving Universal Credit (UC), lifting 100,000 children out of poverty by the end of this parliament.

The Spending Review also funded the biggest boost to social and affordable housing in a generation, committed £13.2 billion for the Warm Homes Plan, and provided £1 billion a year including Barnett impact to enable a new, multi-year Crisis and Resilience Fund. Beyond this, we have increased the National Living Wage by 6.7%, introduced the Fair Repayment Rate so that around 1.2 million families keep more of their UC award each month, expanded the Warm Home Discount to every billpayer on means-tested benefits, and announced an uplift to the UC Standard Allowance, which will rise to 5% above inflation by 2029-30.

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, whether increases to police spending will be funded through (a) general taxation and (b) council tax.

Answered by Darren Jones - Chief Secretary to the Treasury

As set out in the Spending Review 2025 document, published 11 June 2025, the Phase 2 settlement provides an average 1.7% real terms increase per year in police spending power. Over the SR period, police spending power is projected to increase by an average 2.3% per year in real terms.

Police core spending power reflects a mix of central government funding and local taxation through the police precept. This 2.3% projection is therefore premised on the police being funded through increases to both. The government will set out spending plans for police forces in England and Wales, including the final precept level and core government funding, at the annual police funding settlement in the usual way.

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, pursuant to the answer of 26 June 2025 to Question 61659 on Research: Investment, if the Economic Secretary to the Treasury will meet with the hon. Member for Dorking and Horley to discuss research and development funding.

Answered by Emma Reynolds - Economic Secretary (HM Treasury)

R&D funding falls within the portfolio of the Financial Secretary to the Treasury (Lord Livermore). I have passed on your request, but due to diary constraints Lord Livermore is unable to meet currently.

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, with reference to the guidance entitled Civil Service 2024/2025 External Expenditure on Equality, Diversity and Inclusion, published on 30 May 2025, which suppliers were used to provide Antisemitism and Anti-Islamophobia training.

Answered by James Murray - Exchequer Secretary (HM Treasury)

HM Treasury volunteers coordinated 3 events on Antisemitism and Anti-Islamophobia with 2 paid for speakers- TellMAMA and Antisemitism Policy Trust (APT).

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, how much her Department spent on equipment for civil servants to work from home in each of the last three years.

Answered by James Murray - Exchequer Secretary (HM Treasury)

HMT only has the ability to track and report the following totals for each of the last 3 financial years on WFH IT kits (screens, headsets, keyboard and mouse);

(i) 2024/25 - £ 218,486

(ii) 2023/24 - £ 87,024

(iii) 2022/23 - £ 36,222

The 24/25 WFH kits shown above were a value for money expenditure where kits were bought in bulk to reduce expenditure in future years. No further purchases have been made in the current financial year.

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what assessment she has made of the (a) adequacy and (b) clarity of HM Revenue & Customs guidance for employers on workplace nursery schemes.

Answered by Darren Jones - Chief Secretary to the Treasury

The workplace nursery scheme exemption allows employers to offer childcare support to employees without incurring income tax or National Insurance (NI) charges, provided certain conditions are met.

HMRC publishes online guidance on the use of workplace nursery schemes which is reviewed frequently and was last updated in August 2024.

In July 2024 HMRC published an article in its Agent Update as a reminder to businesses of the conditions to be met for the tax exemption to apply following increased awareness of a number of scheme operators advertising their service as having HMRC approval were the partnership requirements were not met.

The article can be found here: Issue 121 of Agent Update - GOV.UK (www.gov.uk)

Employer Supported Childcare schemes are voluntary arrangements. The Government supports these initiatives through relevant tax and NICs reliefs, but it is up to the employer to decide whether or not to offer childcare support to its employees.

The schemes primarily operate through salary sacrifice arrangements, as childcare is one of the few areas where salary sacrifice tax reliefs are still available.

Employers can choose to offer a workplace nursery scheme as part of their employee benefits package to attract and retain skilled employees.

With Tax-Free Childcare, eligible parents can simply open an online account and make payments directly to their childcare provider. For every £8 a parent deposits into their account, the government adds £2 to help with the cost of childcare.

As such, there is no requirement for employers to adopt the schemes.

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what steps she is taking to encourage employers to adopt (a) tax-free childcare and (b) other workplace nursery schemes.

Answered by Darren Jones - Chief Secretary to the Treasury

The workplace nursery scheme exemption allows employers to offer childcare support to employees without incurring income tax or National Insurance (NI) charges, provided certain conditions are met.

HMRC publishes online guidance on the use of workplace nursery schemes which is reviewed frequently and was last updated in August 2024.

In July 2024 HMRC published an article in its Agent Update as a reminder to businesses of the conditions to be met for the tax exemption to apply following increased awareness of a number of scheme operators advertising their service as having HMRC approval were the partnership requirements were not met.

The article can be found here: Issue 121 of Agent Update - GOV.UK (www.gov.uk)

Employer Supported Childcare schemes are voluntary arrangements. The Government supports these initiatives through relevant tax and NICs reliefs, but it is up to the employer to decide whether or not to offer childcare support to its employees.

The schemes primarily operate through salary sacrifice arrangements, as childcare is one of the few areas where salary sacrifice tax reliefs are still available.

Employers can choose to offer a workplace nursery scheme as part of their employee benefits package to attract and retain skilled employees.

With Tax-Free Childcare, eligible parents can simply open an online account and make payments directly to their childcare provider. For every £8 a parent deposits into their account, the government adds £2 to help with the cost of childcare.

As such, there is no requirement for employers to adopt the schemes.

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what recent assessment her Department has made of the adequacy of HMRC phone line performance.

Answered by James Murray - Exchequer Secretary (HM Treasury)

HMRC publish monthly performance data, including information on their telephony service, which can be found here: https://www.gov.uk/government/collections/hmrc-monthly-performance-reports.

A key part of this plan is expanding HMRC’s digital services. Improving day-to-day performance is one of the Government’s key priorities for HMRC.

A key part of this plan is expanding HMRC’s digital services. More than 6 million customers now use the HMRC app, which allows people to manage their tax affairs quickly and easily.

This summer, HMRC will publish a transformation roadmap. Setting out further steps to improve the customer experience for taxpayers, agents, and businesses.

This will reduce pressure on phone lines, freeing up HMRC advisors to help those who are digitally excluded, have complex tax affairs, or find themselves in vulnerable circumstances.

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, whether the Growth and Skills Levy will be of the same value as the Apprenticeship Levy; and whether that levy will apply to companies paying over £3 million in wages.

Answered by Darren Jones - Chief Secretary to the Treasury

The Government is reforming the Apprenticeship Levy into a Growth and Skills Levy. Alongside existing high-quality apprenticeship routes, this will enable employers in England to invest in a broader range of high-quality training, including foundation apprenticeships and short courses in priority sectors. Skills England, a new national skills organisation, will consult a wide range of partners to ensure that levy-funded training meets the needs of employers, providers, and learners, and delivers good value for money.

These reforms focus on expanding the types of training that employers in England can fund through the Levy. There are no plans to change the way employers pay the UK-wide Apprenticeship Levy. The levy will continue to be paid by all UK employers with an annual pay bill over £3 million, at a rate of 0.5 per cent.

All taxes are kept under review as part of the Government’s tax policy making process.

Question to the HM Treasury:

To ask His Majesty's Government what assessment they have made of the impact of the adoption of artificial intelligence by business on economic growth.

Answered by Lord Livermore - Financial Secretary (HM Treasury)

The IMF estimates the adoption of AI across the economy could boost productivity by up to 1.5 percentage points a year, if we embrace it fully and safely.

The Technology Adoption review, an evidence review used to inform our Industrial Strategy, also found that AI was consistently raised by stakeholders across all sectors as the technology that could drive efficiency and growth, and the review identified the barriers limiting uptake of AI.

That is why the Government has committed to fully funding the AI Opportunities Action Plan, including adoption and skills packages that raise industry awareness of AI and ensure businesses across the growth-driving sectors address AI skills shortages.

Question to the HM Treasury:

To ask His Majesty's Government what plans they have to reduce the level of value added tax applied to repairs and renovations on churches, historic buildings and residential homes.

Answered by Lord Livermore - Financial Secretary (HM Treasury)

To stimulate the construction of new homes, the Government currently maintains a zero rate of VAT on new-build residential buildings. Additionally, residential renovations are subject to a reduced rate of VAT of five per cent if they meet certain conditions. These include conversions of buildings from one residential use to another, conversions from commercial to residential use, and the renovation of properties that have been empty for two or more years.

To preserve heritage, restorative work carried out on listed buildings previously benefited from a zero rate of VAT. However, this relief was abolished in 2012, as it was primarily used to carry out extension work unnecessary for heritage purposes. Withdrawing this relief simplified VAT rules and also removed the scope for error when categorising construction work as either alteration or repair.

The Department for Culture, Media and Sport also administer a Listed Places of Worship Grant Scheme. This provides grants towards VAT paid on repairs and maintenance to the nation's listed places of worship.

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what assessment her Department has made of the adequacy of the VAT treatment of (a) shore power supplied to ships and (b) the services provided by contractors who connect or disconnect that supply; and if she will make it her policy to amend the Extra-Statutory Concessions for electricity to be a zero-rated marine fuel for VAT purposes.

Answered by James Murray - Exchequer Secretary (HM Treasury)

VAT charged on electricity generated through shore power and supplied to ships can be recovered by businesses operating these ships subject to the normal rules of the tax.

Extra-Statutory Concessions (ESCs) are remissions of revenue that allow relief in specific sets of circumstances and are authorised when strict application of the law would create a disadvantage or the effect would not be the one intended. This does not apply to the rules that relate to the supply of electricity.

ESC 9.2 allows zero-rating of marine fuel as ships stores. It is limited to a specific set of rebated duty fuels (fuel oil, gas oil and kerosene) that qualified for zero-rating before July 1990. The Government has no plans to review or amend the scope of ESC 9.2.

Found: are an important national security and foreign policy tool.1 We also work closely with HMRC and HM Treasury

Found: was referenced at various conferences, and with the Infrastructure and Projects Authority and HM Treasury

Found: We are disappointed that representatives from neither HM Treasury nor the Scottish Government accepted

Found: strategy and associated infrastructure strategy, supported by a long-term funding settlement from HM Treasury

Found: The deal also received the necessary Departmental and HM Treasury approvals.

Found: were generally positive and that the Committee’s focus was aligned to its terms of reference and the HMT

Found: We, alongside Cabinet Office, HMT and other lead departments are currently in the process of estimating

Found: The Home Office is working closely with the College and HM Treasury to support the ambition and to help

Found: HM Treasury Submitted by: Frances Cambrook CWF Programme Developer 2008 - 2019, Executive Director 2020

Found: HM Treasury (HMT) is the LGD responsible for the financial sector.

Found: HM Treasury report three main existing use cases of AI in the department, with two more planned c.

Found: In respect of guidance, HMT and CO will support functions to provide examples

Found: contentious matter for which I have obtained in principle approval from HM Treasury

Found: The Home Office is working closely with the College and HM Treasury to support this and to help ensure

Found: Letter from the Permanent Secretary of the HM Treasury relating to the oral evidence session held on

Found: On the basis of a report by the Comptroller and Auditor General, we took evidence from HM Treasury (

Found: few days, which has told us that as part of the spending review 2025 negotiations, FCDO agreed with HMT

Found: for Education, The Families First Partnership (FFP) Programme Guide, March 2025 24 Qq446–447 25 HM Treasury

Found: Caxton House Tothill Street LONDON SW1H 9DA ministers@dwp.gov.uk HM Treasury

Question to the Department for Environment, Food and Rural Affairs:

To ask the Secretary of State for Environment, Food and Rural Affairs, what steps he has taken with Cabinet colleagues to accelerate the transition to a circular economy.

Answered by Mary Creagh - Parliamentary Under-Secretary (Department for Environment, Food and Rural Affairs)

This Government is committed to transitioning towards a circular economy and has convened a Circular Economy Taskforce of experts to help develop the first ever Circular Economy Strategy for England, for which we plan to publish for consultation in the coming autumn. Whilst led by Defra, this is a cross-government effort based on close collaboration between departments and the governments of the Four Nations of the UK.

Reflecting this collaborative and whole-economy approach, officials are working closely with other government departments with strong interests in the delivery of a circular economy, in particular, the Department for Energy Security and Net Zero, the Department for Business and Trade, the Ministry of Housing, Communities & Local Government, Department for Transport and HM Treasury to ensure that government is maximising the opportunities to be had from properly joining up and integrating circular economy activity across a range of departments.

Question to the Department for Business and Trade:

To ask the Secretary of State for Business and Trade, what recent discussions he has had with the Chancellor of the Exchequer on ensuring employment policies reflect the needs of sectors with high levels of (a) youth and (b) seasonal employment.

Answered by Justin Madders - Parliamentary Under Secretary of State (Department for Business and Trade)

The Secretary of State, responsible Ministers and policy officials meet regularly with their counterparts in HM Treasury about a range of issues including on the Plan to Make Work Pay and the Employment Rights Bill.

The Bill will deliver significant benefits to the UK, including, better working conditions, more secure work, reducing inequalities and improving industrial relations.

Question to the Department for Environment, Food and Rural Affairs:

To ask the Secretary of State for Environment, Food and Rural Affairs, what recent discussions he has had with the Overseas Territories on the Darwin Plus programme.

Answered by Mary Creagh - Parliamentary Under-Secretary (Department for Environment, Food and Rural Affairs)

In November 2024, Minister Doughty and Minister McCarthy met with the elected leaders and representatives of the Overseas Territories at the UK Overseas Territories Joint Ministerial Council. The UK Government confirmed that it would continue to work in partnership with the Territories to support the protection of their unique environments and to help address biodiversity loss and noted their strong support for the continuation of Darwin Plus.

As set out in our previous answers to UIN 61101 and UIN 63667, Defra will be finalising plans to fund new Darwin Plus projects with applicants this summer. Whilst decisions have yet to be made on the totality of future funding available to Darwin Plus following the department’s multi-year funding commitment from HM Treasury, the department will engage closely with stakeholders to ensure transparency and support continuity wherever possible.

The department will provide updates in the usual way as soon as they are available.

Question to the Department for Environment, Food and Rural Affairs:

To ask the Secretary of State for Environment, Food and Rural Affairs, what his planned timeline is for decisions on the future of Darwin Plus funding.

Answered by Mary Creagh - Parliamentary Under-Secretary (Department for Environment, Food and Rural Affairs)

In November 2024, Minister Doughty and Minister McCarthy met with the elected leaders and representatives of the Overseas Territories at the UK Overseas Territories Joint Ministerial Council. The UK Government confirmed that it would continue to work in partnership with the Territories to support the protection of their unique environments and to help address biodiversity loss and noted their strong support for the continuation of Darwin Plus.

As set out in our previous answers to UIN 61101 and UIN 63667, Defra will be finalising plans to fund new Darwin Plus projects with applicants this summer. Whilst decisions have yet to be made on the totality of future funding available to Darwin Plus following the department’s multi-year funding commitment from HM Treasury, the department will engage closely with stakeholders to ensure transparency and support continuity wherever possible.

The department will provide updates in the usual way as soon as they are available.

Question to the Department for Environment, Food and Rural Affairs:

To ask the Secretary of State for Environment, Food and Rural Affairs, whether he plans to maintain funding for the Darwin Plus programme.

Answered by Mary Creagh - Parliamentary Under-Secretary (Department for Environment, Food and Rural Affairs)

In November 2024, Minister Doughty and Minister McCarthy met with the elected leaders and representatives of the Overseas Territories at the UK Overseas Territories Joint Ministerial Council. The UK Government confirmed that it would continue to work in partnership with the Territories to support the protection of their unique environments and to help address biodiversity loss and noted their strong support for the continuation of Darwin Plus.

As set out in our previous answers to UIN 61101 and UIN 63667, Defra will be finalising plans to fund new Darwin Plus projects with applicants this summer. Whilst decisions have yet to be made on the totality of future funding available to Darwin Plus following the department’s multi-year funding commitment from HM Treasury, the department will engage closely with stakeholders to ensure transparency and support continuity wherever possible.

The department will provide updates in the usual way as soon as they are available.

Question to the Department for Transport:

To ask the Secretary of State for Transport, whether her Department has made an assessment of the potential impact of the cancellation of the A12 widening scheme on housing growth.

Answered by Lilian Greenwood - Parliamentary Under-Secretary (Department for Transport)

As announced on 8 July 2025, this Government inherited a series of commitments that could not be afforded, therefore the Secretary of State for Transport had to take the difficult decision not to progress the A12 (Chelmsford to A120) Widening Scheme. The decision was based on evidence assessed against a wide range of criteria including housing growth impacts and in line with the HMT Treasury Green Book and the Department’s Transport Analysis Guidance. The Department will continue to work with National Highways and relevant partners to explore whether there are any small-scale interventions to potentially address issues on the A12 to support housing growth.

Question to the Department for Science, Innovation & Technology:

To ask the Secretary of State for Science, Innovation and Technology, what steps she is taking to support (a) public sector bodies and (b) local authorities to (i) replace and (ii) upgrade legacy IT systems.

Answered by Feryal Clark - Parliamentary Under Secretary of State (Department for Science, Innovation and Technology)

The Government is committed to ensuring that all public sector digital systems are safe, secure and stable. This includes ensuring that legacy systems are effectively managed.

To support this, the Government Digital Service worked closely with HMT throughout the recent spending review to ensure that decisions on funding took into account the need to replace and upgrade legacy IT systems.

The Government Digital Service will now continue to work with organisations across the public sector, including local government, to identify the most effective ways to upgrade or replace legacy services and to share best practice.

Question to the Department for Science, Innovation & Technology:

To ask the Secretary of State for Science, Innovation and Technology, whether his Department has undertaken a cross-Government audit of legacy systems to inform the prioritisation of modernisation efforts.

Answered by Feryal Clark - Parliamentary Under Secretary of State (Department for Science, Innovation and Technology)

The last survey of legacy systems was conducted in 2024. The scale of legacy varies by organisation and is not consistently measured, but it is estimated to comprise 28% of systems in central government departments in 2024, an increase from 26% in 2023.

Government Digital Service (GDS) has worked closely with HM Treasury throughout the recent spending review to ensure that decisions on funding took into account the need to replace and upgrade legacy IT systems. GDS will continue to work with both HMT and Departments going forward

Question to the Department of Health and Social Care:

To ask the Secretary of State for Health and Social Care, whether he plans to review the rules that allow private companies working in the NHS to avoid paying VAT.

Answered by Karin Smyth - Minister of State (Department of Health and Social Care)

HM Treasury is committed to implementing the Public Sector Value Added Tax (VAT) reform which will remove the current disparity for VAT recovery between National Health Service trusts and private companies working in the NHS.

Question to the Department for Energy Security & Net Zero:

To ask the Secretary of State for Energy Security and Net Zero, whether he has made an assessment of the potential impact of carbon reporting requirements on businesses.

Answered by Sarah Jones - Minister of State (Department for Energy Security and Net Zero)

Building on a summary of responses to a Call for Evidence published in November 2024 , DESNZ has commissioned an evaluation of the SECR regulations, which we expect to publish in early 2026. DESNZ is also undertaking an internal review to assess opportunities to streamline carbon reporting requirements to reduce the administrative burden placed on businesses, supporting the Department for Business and Trade’s Non-Financial Reporting (NFR) review and cross-Government Regulation Action Plan.

The Government has committed to delivering the foundations of a world-leading sustainable finance framework to drive investment in the green transition and deliver economic growth. The Department for Energy Security and Net Zero has worked closely with the Department for Business and Trade and HM Treasury on how best to take forward transition plan and emissions reporting requirements, with recently published consultations on these topics now live.

Found: British Credit Unions Limited, “ABCUL Submits Key Asks to Next Government”, 21 June 2024 37 HM Treasury

Found: Source: HM Treasury, Spending Review 2025 document, 11 June 2025, table 5.17, and Ministry of Housing

Found: HM Treasury (2025). SPRING STATEMENT. 238. House of Commons Debate (2025).

Found: for a minister to pay grants to local authorities, and outlines the conditions and consent of HM Treasury

Found: for a minister to pay grants to local authorities, and outlines the conditions and consent of HM Treasury

Found: assumption of parity also underpins the relevant funding of the Northern Ireland Executive by HM Treasury

Found: the MoD undertakes forward purchase and hedging of forward rates of dollars in accordance with HM Treasury

Found: have been properly prepared in accordance with the Government Resources and Accounts Act 2000 and HM Treasury

Found: have been properly prepared in accordance with the Government Resources and Accounts Act 2000 and HM Treasury

Found: They have been prepared in accordance with the direction given by HM Treasury in pursuance of Section

Found: Funds are invested by UKDMO in short term call notice deposits and guaranteed by HM Treasury.

Found: and for safeguarding the Library’s assets, are set out in Managing Public Money published by HM Treasury

Found: figures above do not include the ring-fenced funding the Commission has received via TEO, from HM Treasury

Found: decisions followed up as required. 28 5.2 The Commission operates in accordance with HM Treasury

Found: HM Treasury guidance ................................................................................

Found: The core tables are produced automatically from the HMT system (Online System for Central Accounting

Found: The core tables are produced automatically from the HMT system (Online System for Central Accounting

Found: Principal Accounting Officer’s Statement As Permanent Secretary, I am appointed by HM Treasury as the

Found: records and for safeguarding WFD’s assets, are set out in Managing Public Money published by HM Treasury

Found: records and for safeguarding WFD’s assets, are set out in Managing Public Money published by HM Treasury

Found: safeguarding Nest Corporation’s assets, are set out in Managing Public Money published by the HM Treasury

Found: safeguarding Nest Corporation’s assets, are set out in Managing Public Money published by the HM Treasury

Found: safeguarding Nest Corporation’s assets, are set out in Managing Public Money published by the HM Treasury

Found: The discount rate and rate of pension increase are determined by HM Treasury each year.

Found: Table 1 is aligned to the HM Treasury System (Online System for Central Accounting and Reporting (OSCAR

Found: Table 1 is aligned to the HM Treasury System (Online System for Central Accounting and Reporting (OSCAR

Found: HM Treasury made additional funding available, which was announced at the Autumn Budget.

Found: HM Treasury made additional funding available, which was announced at the Autumn Budget.

Found: internal control has been in place throughout the year-ended 31st December 2024 and accords with HM Treasury

Found: other drought measures that could be necessary should the abstraction licences be changed and 11 HM Treasury

Found: Green Book is the government’s official guidance on options appraisal and evaluation, issued by HM Treasury

Found: In 2019, HM Treasury published an updated Public Values Framework, in response to the Barber review1

Found: Background The Magenta Book outlines central government guidance on evaluation, and is aligned with the HM Treasury

Found: In keeping with established HM Treasury funding policies, the Authority will issue a new instruction

Found: In keeping with established HM Treasury funding policies, the Authority will issue a fresh funding instruction

Found: these new arrangements, colleges should be aware that in some cases DfE will need to liaise with HM Treasury

Found: Scotland 46.25 Historic Environment Scotland 47 The Scottish Parliamentary Corporate Body 48 HM Treasury

Found: employees of other central banks, financial institutions and finance ministries to undertake a work HM Treasury

Found: 5 ‘highly engaged’ (WS 1.2)47 1.3 Update Evidence on benefits of CITR developed and shared with HMT

Found: DECEMBER 2021 HC 860 REPORT by the Comptroller and Auditor General Evaluating government spending HM Treasury

Found: otherwise, all values presented within the SEA have a price base year of 2022, calculated using HM Treasury

Found: Data Strategy, December 2020 CD.K15 HM Government, National Cyber Strategy, February 2022 CD.K16 HM Treasury

Found: The risk management framework considers the guidance given by HM Treasury Orange Book principles to

Found: The risk management framework considers the guidance given by HM Treasury Orange Book principles to

Found: and for safeguarding Off ice for Place assets, as set out in Managing Public Money published by HM Treasury

Found: BTP/A have worked hard to improve the maturity of risk management, assessing against the HMT Orange

Found: AND AUDITOR GENERAL’S REPORT TO THE HOUSE OF COMMONS 25 ACCOUNTS DIRECTION GIVEN BY HM TREASURY

Found: The UKRI evaluation strategy and framework is aligned with HM Treasury guidance and we use this to

Found: The UKRI evaluation strategy and framework is aligned with HM Treasury guidance and we use this to

Found: Government Financial Reporting Manual (FReM, published at www. financial-reporting.gov.uk) issued by HM Treasury

Found: Performance Report Det ailed Performance Review 3 Range per HM Treasury guidance on what constitutes

Found: development for the Foreign Commonwealth and Development Office , and regulatory compliance for HM Treasury

Found: development for the Foreign Commonwealth and Development Office, and regulatory compliance for HM Treasury

Found: compliance statement We have reported on climate- related financial disclosures consistent with HM Treasury

Found: Our funding Our budget is agreed with HM Treasury through the Spending Review process and is then formalised

Found: Our funding Our budget is agreed with HM Treasury through the Spending Review process and is then formalised

Found: Our funding Our budget is agreed with HM Treasury through the Spending Review process and is then formalised

Found: Creditor payments, target and performance HM Treasury asks that government departments and other public

Found: HM Treasury guidance ................................................................................

Found: generating operations and funds are managed in accordance with strict government guidelines and HM Treasury

Found: generating operations and funds are managed in accordance with strict government guidelines and HM Treasury

Found: £204 continues to be part funded by accumulated historical surpluses, exceptionally agreed by HM Treasury

Found: DfE recruitment 30 | T eaching Regulation Agency Annual Report and Accounts 2024-25Going concern HMT

Found: Our planned net expenditure as agreed with HMT is as follows.

Found: (HMT), in accordance with section 5(2) of the Government Resources and Accounts Act 2000.

Found: FAS is funded by HM Treasury.

Found: FAS is funded by HM Treasury.

Found: FAS is funded by HM Treasury.

Found: records and for safeguarding WFD’s assets, are set out in Managing Public Money published by HM Treasury

Found: records and for safeguarding WFD’s assets, are set out in Managing Public Money published by HM Treasury

Found: During the year, the CMA engaged with HM Treasury through the 2025 Spending Review Process (SR25), with

Found: The remaining revenue collected is passed to the UK Consolidated Fund at HM Treasury, the Department

Found: The remaining revenue collected is passed to the UK Consolidated Fund at HM Treasury, the Department

Found: Additional funds collected on behalf of HM Treasury Under Section 400 of the Communications Act

Found: As a result, Ofcom is a net contributor to HM Treasury, collecting £613.7m of fees and penalties in

Found: As a result, Ofcom is a net contributor to HM Treasury, collecting £613.7m of fees and penalties in

Found: advise DSIT of its total forecast expenditure for the year and, in line with the requirements from HM Treasury

Found: advise DSIT of its total forecast expenditure for the year and, in line with the requirements from HM Treasury

Found: advise DSIT of its total forecast expenditure for the year and, in line with the requirements from HM Treasury

Found: Our sustainability report aligns with the requirements specified by the HMT Financial Reporting Manual

Found: Going concern His Majesty Treasury (HMT) has interpreted the going concern principle for the public

Found: Supply Chains Intelligence Pilot GSTP General Support Te chnology Programme GVA Gross Value Added HMT

Found: takes account of risk management practice as set out in the UK government ‘The Orange Book’ and HM Treasury

Found: improve compliance or reduce unintended effects. 1 1 HMT

Found: The “pre-Welsh tax devolution basis” of the rUK outturn was used by HM Treasury to calculate and agree

Found: equivalent outturn for Income Tax on NSND for Rest of UK (rUK) taxpayers in these statistics is used by HM Treasury

Found: equivalent outturn for Income Tax on NSND for Rest of UK (rUK) taxpayers in these statistics is used by HM Treasury

Found: Green Book is the government’s official guidance on options appraisal and evaluation, issued by HM Treasury

Found: Background The Magenta Book outlines central government guidance on evaluation, and is aligned with the HM Treasury

Found: In 2019, HM Treasury published an updated Public Values Framework, in response to the Barber review1

Found: DECEMBER 2021 HC 860 REPORT by the Comptroller and Auditor General Evaluating government spending HM Treasury

Found: for discounting future accruals of benefits or costs, we discount future consumer savings by the HM Treasury

Found: Green Book is the government’s official guidance on options appraisal and evaluation, issued by HM Treasury

Found: Principal Accounting Officer’s Statement As Permanent Secretary, I am appointed by HM Treasury as the

Found: at market prices, and money GDP March 2025 (Spring Statement & Quarterly National Accounts) (HM Treasury

Found: Learning and Skills • UK Government • Ministry for Housing, Communities, and Local Government • HM Treasury

Found: Learning and Skills • UK Government • Ministry for Housing, Communities, and Local Government • HM Treasury

Found: At a UK level, the latest HMT average of new independent UK forecasts shows that UK GDP growth is expected

Found: Following discussions with HM Treasury we have now been advised that there is no ring-fencing being

Found: Final outturn against both HMT and Scottish Parliament approved budgets will be reported to Parliament

Found: in the number of taxpayers of 6.0% in the rest of the UK.A statement will be jointly agreed with HM Treasury

Found: Reconciliation A statement will be jointly agreed with HM Treasury (HMT) outlining the 2023-24 outturn

Found: Redacted – Withheld under Section 25(1) – Information otherwise available] Document 3 – Letter from HMT

Found: Statistical Analyses publications - [ARCHIVED CONTENT] Public Expenditure Statistical Analyses - HM Treasury

Found: government is able to obtain frank and full legal advice in confidence from them (see for example the HM Treasury

Found: Procurator Fiscal ServiceCrown Office ReconciliationPSXAPAA253512000 Crown Office - Impairments (AME)(HMT

Found: Procurator Fiscal ServiceCrown Office ReconciliationPSXAPAA253512000 Crown Office - Impairments (AME)(HMT

Found: Procurator Fiscal ServiceCrown Office ReconciliationPSXAPAA253512000 Crown Office - Impairments (AME)(HMT

Found: cover is greater than initially anticipated and exceeds the additional IFRS16 funding provided by HMT

Found: of up to £25 million in capital and up to £25 million in fts. 2.18 Fts represent loans from HM Treasury

Found: . • Engagement with HM Revenue and Customs, HM Treasury, the UK Ministry of Housing, Communities and

Found: The assessment is based on HM Treasury Green Book principles. 1.2 The new building safety regime is

Found: The £48 million 10 HM Treasury, Spending Review 2025 document, 11 June 2025 11 HM Treasury, Spending

Found: The expectation is that funding will be made available by HM Treasury to mitigate the impact of the

Found: sources7 have been used for the numbers of HMOs in Wales. 8.13 The assessments are based on HM Treasury

Found: The assessment is based on HM Treasury Green Book principles. 1.2 The new building safety regime is

Found: The HM Treasury central discount rate of 3.5% has been used throughout this analysis to calculate the