Asked by: Frank Dobson (Labour - Holborn and St Pancras)
Question to the HM Treasury:
To ask Mr Chancellor of the Exchequer, what estimate he has made of the cost to the Exchequer of tax relief on buy-to-let house purchases in (a) 2013-14, (b) 2014-15 and (c) 2015-16.
Answered by David Gauke
The information requested is not available.
Asked by: Frank Dobson (Labour - Holborn and St Pancras)
Question to the HM Treasury:
To ask Mr Chancellor of the Exchequer, if he will take steps to prevent British financial institutions facilitating the sale of (a) oil and (b) historic artefacts by ISIL.
Answered by David Gauke
ISIL is designated under the UN Al Qaida sanctions regime (given effect by UN Security Council Resolution 1267) which is implemented in the EU by Council Regulation 881/2002, with the criminal penalties imposed in the UK by the Al Qaida (Asset Freezing) Regulations 2011. The Al Qaida financial sanctions is implemented in the UK by HM Treasury.
It is therefore a criminal offence for any legal or natural person, including financial institutions, to deal with funds belonging to ISIL or to make funds or economic resources available to ISIL. It is a criminal offence for individuals or organisations knowingly to provide support for ISIL, including by the facilitation of oil, oil products, or commodities including historic artefacts. This was most recently underlined in UN Security Council Resolution 2199, which the UK Government co-sponsored.
Asked by: Frank Dobson (Labour - Holborn and St Pancras)
Question to the HM Treasury:
To ask Mr Chancellor of the Exchequer, when he plans to answer Question 224902, tabled by the hon. Member for Holborn and St Pancras on 23 February 2015 for Named day answer on 26 February 2015.
Answered by Andrea Leadsom
I have done so.
Asked by: Frank Dobson (Labour - Holborn and St Pancras)
Question to the HM Treasury:
To ask Mr Chancellor of the Exchequer, if he will take steps to require RBS and Lloyds to disclose the activities of their subsidiary companies located in tax havens.
Answered by Andrea Leadsom
As part of CRDIV, banks will be required from December 2015 to disclose much more information regarding the activities of their subsidiaries than they have previously done.
In each country in which they operate, they will have to report their profit/loss before tax and how much corporation tax they have paid. This makes great strides in increasing transparency and accountability to investors and the general public.
Asked by: Frank Dobson (Labour - Holborn and St Pancras)
Question to the HM Treasury:
To ask Mr Chancellor of the Exchequer, how many and what proportion of claims for interest rate swap mis-selling have reached the redress offer and acceptance stage; and what proportion these represent of redress offers made for (a) Barclays, (b) RBS, (c) HSBC, (d) Lloyds and (e) Standard Chartered.
Answered by David Gauke
The Financial Conduct Authority (FCA) publishes data on redress offers and acceptances on a regular basis, and it is available through its website - http://www.fca.org.uk/consumers/financial-services-products/banking/interest-rate-hedging-products
Asked by: Frank Dobson (Labour - Holborn and St Pancras)
Question to the HM Treasury:
To ask Mr Chancellor of the Exchequer, what modelling (a) his Department and (b) the Office for Budget Responsibility has made of the financial effect of a tax levied on financial transactions.
Answered by David Gauke
I refer the right hon. Member to the answer given on 11 March 2013, Hansard, column 38W.
Asked by: Frank Dobson (Labour - Holborn and St Pancras)
Question to the HM Treasury:
To ask Mr Chancellor of the Exchequer, how many income tax payers were registered with HM Revenue and Customs as self employed in (a) 2010-11 and (b) each succeeding year.
Answered by David Gauke
Estimates of the numbers of individuals with self employment sources are published in HMRC's National Statistics table 3.6 which is available at the following internet address:
https://www.gov.uk/government/publications/earned-income-2010-to-2011
These tables provide information up to 2011-12 and are based on the Survey of Personal Incomes (SPI) for the years concerned. The SPI for 2012-13 will be available later in the year.
Asked by: Frank Dobson (Labour - Holborn and St Pancras)
Question to the HM Treasury:
To ask Mr Chancellor of the Exchequer, what assessment he has made of the contribution to economic growth of payment protection insurance repayments.
Answered by Andrea Leadsom
The Office for Budget Responsibility (OBR) is responsible for producing independent economic and fiscal forecasts. The effects of payment protection insurance repayments were taken into account in their latest forecast of the economy, published in the March 2014 Economic and Fiscal Outlook.