Christine Jardine: HMT: All Documents

Speech in Commons Chamber - Tue 28 Jun 2022
Oral Answers to Questions

"TaxWatch UK has just published research showing that on a like-for-like basis, the tax gap—or the money lost every year through unpaid tax—has gone up for two years in a row. That is before we include in the figures the estimated amount lost to error and fraud through the HMRC-administered …..."
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Written Question

Car Allowances

Thursday 16th June 2022

Asked by: Christine Jardine (Liberal Democrat - Edinburgh West)

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, if he will adjust the 45p per mile allowance to reflect the sustained increase in petrol prices.

Answered by Helen Whately - Shadow Secretary of State for Work and Pensions

The Government sets the Approved Mileage Allowance Payments (AMAPs) rates to minimise administrative burdens. AMAPs aim to reflect running costs including fuel, servicing and depreciation. Depreciation is estimated to constitute the most significant proportion of the AMAPs.

Employers are not required to use the AMAPs. Instead, they can agree to reimburse the actual cost incurred, where individuals can provide evidence of the expenditure, without an Income Tax or National Insurance charge arising.

Alternatively, they can choose to pay a different mileage rate that better reflects their employees’ circumstances. However, if the payment exceeds the amount due under AMAPs, and this results in a profit for the individual, they will be liable to pay Income Tax and National Insurance contributions on the difference.

The Government keeps this policy under review.

Speech in Commons Chamber - Mon 13 Jun 2022
UK Gross Domestic Product

"Today’s figures should be a wake-up call to the Government. Instead of reciting a list of events that are affecting other countries across the world and being better dealt with by other Governments in the G7, do the Government not recognise that the time has come to change direction? They …..."
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Speech in Commons Chamber - Mon 06 Jun 2022
North Sea Oil and Gas Producers: Investment Allowances

"The Institute for Fiscal Studies—which, I am sure, understands the policy—has been critical of it, saying that the windfall tax is too generous and that

“It is hard to see why the government should provide such huge tax subsidies and thereby incentivise even economically unviable projects.”

Why are the Government …..."
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Speech in Commons Chamber - Thu 26 May 2022
Economy Update

"The word that occurs to me today is “Finally”. After months of proud families in this country, who have never needed help before, crying out for help from the Chancellor, pensioners sitting in cold houses in the winter because they could not afford to heat them, and families unable to …..."
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Speech in Commons Chamber - Tue 17 May 2022
Oral Answers to Questions

"The Chancellor mentioned that this plan for jobs is the long-term plan for restarting the economy. Do the Government accept that perhaps they need to do more immediately than simply having a long-term plan for jobs, in order to help people with the cost of living crisis?..."
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Speech in Commons Chamber - Tue 17 May 2022
Tackling Short-term and Long-term Cost of Living Increases

"It is both a privilege and a disappointment to speak in this debate on tackling the short and long-term cost of living increases, because we are tackling those issues as we are in a crisis on a scale that we have not seen in this country for decades. We are …..."
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Written Question

National Bank Trust: Foreign Exchange

Thursday 28th April 2022

Asked by: Christine Jardine (Liberal Democrat - Edinburgh West)

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, whether the Russian Central Bank can recover funds in pound sterling in the UK via the National Bank Trust.

Answered by John Glen

I am unable to comment on individual cases. However, the UK has imposed sanctions that prohibit UK persons from providing financial services for the purposes of foreign exchange or asset management of the Central Bank of Russia, the Russian Ministry of Finance, and the National Wealth Fund of Russia. These restrictions apply to all transactions in pound sterling.

Written Question