Asked by: Max Wilkinson (Liberal Democrat - Cheltenham)
Question to the HM Treasury:
To ask the Chancellor of the Exchequer, if she will make an assessment of the effectiveness of IR35 regulations for UK businesses working together in foreign markets.
Answered by James Murray - Exchequer Secretary (HM Treasury)
The off-payroll working reforms have proved effective in reducing non-compliance. As well as preventing tax non-compliance, keeping the reforms in place also protects around £1.5 billion a year of government revenue, which supports strong public finances and helps fund our vital public services.
Asked by: Max Wilkinson (Liberal Democrat - Cheltenham)
Question to the HM Treasury:
To ask the Chancellor of the Exchequer, if she will bring forward legislative proposals to require insurance companies to set industry-wide definitions for claims classifications.
Answered by Tulip Siddiq - Economic Secretary (HM Treasury)
The Government has no plans to propose legislation requiring insurance companies to set industry-wide definitions for claims classifications.
Asked by: Max Wilkinson (Liberal Democrat - Cheltenham)
Question to the HM Treasury:
To ask the Chancellor of the Exchequer, if she will make an assessment of the potential merits of removing VAT from defibrillators in the forthcoming Budget.
Answered by James Murray - Exchequer Secretary (HM Treasury)
The Government currently provides VAT reliefs to aid the purchase of defibrillators. This means that charities pay no VAT if they purchase a defibrillator and then donate it to an eligible body.
VAT is a broad-based tax on consumption, and exceptions to the standard rate have always been limited and balanced against affordability considerations. Following the spending audit, the Chancellor has been clear that difficult decisions lie ahead on spending, welfare and tax to fix the foundations of our economy and address the £22 billion hole in the public finances left by the last government.
The government keeps all taxes under review.