Asked by: Oliver Heald (Conservative - North East Hertfordshire)
Question to the HM Treasury:
To ask the Chancellor of the Exchequer, when he plans to respond to correspondence of 30 June 2023 from the hon, Member for North East Hertfordshire, enclosing a letter from the Chief Executive of Johnson Matthey.
Answered by Victoria Atkins - Secretary of State for Health and Social Care
I responded to the Rt Honourable Member on 20 July 2023.
Asked by: Oliver Heald (Conservative - North East Hertfordshire)
Question to the HM Treasury:
To ask the Chancellor of the Exchequer, when he plans to respond to the email of 10 October 2022 from the Rt Hon. Member for North East Hertfordshire on Clements Construction Ltd.
Answered by James Cartlidge - Minister of State (Ministry of Defence)
A response was sent to the hon. Member on 21 March 2023.
Asked by: Oliver Heald (Conservative - North East Hertfordshire)
Question to the HM Treasury:
To ask the Chancellor of the Exchequer, with reference to the announcement in the 2021 Budget of £100 billion of funding for infrastructure, how that funding will be allocated across the South East region to (a) transport projects, such as East West Rail and the West Anglia mainline, (b) the roll out of high speed broadband and 5G and (c) other services to support the long-term growth of that region and places within the UK Innovation Corridor.
Answered by Kemi Badenoch - President of the Board of Trade
The Government has committed to increase investment in infrastructure for the benefit of the whole of the UK. As part of this, we will invest £760 million to deliver the next phase of East West Rail, reinstating direct rail services between Bicester and Bletchley and creating 1500 skilled jobs. Local areas in the South East will also benefit from the Government’s landmark £5bn commitment to support the rollout of gigabit connectivity in the hardest to reach parts of the country and our ambition for the majority of the population to have access to a 5G signal by 2027. Furthermore, in 21-22 we are investing £14.6 billion in research and innovation grants and facilities across the UK, backing the priorities set out in the UK Government’s Research and Development Roadmap. The Government welcomes any endeavour that aims to support innovation and ‘build back better’, including the initiatives of the Innovation Corridor to link opportunities in the South East.
Asked by: Oliver Heald (Conservative - North East Hertfordshire)
Question to the HM Treasury:
To ask the Chancellor of the Exchequer, if he will make it his policy that a reduction to the 0.7 per cent UK Aid commitment is time-bound to 2021; and if he will make a statement.
Answered by Steve Barclay - Secretary of State for Environment, Food and Rural Affairs
The Government intends to return to the 0.7% target when the fiscal situation allows. We cannot at this moment predict with certainty when the current fiscal circumstances will have sufficiently improved.
Asked by: Oliver Heald (Conservative - North East Hertfordshire)
Question to the HM Treasury:
To ask the Chancellor of the Exchequer, whether the Government has a timetable for reinstatement of the 0.7 per cent UK aid commitment to be reinstated.
Answered by Steve Barclay - Secretary of State for Environment, Food and Rural Affairs
The Government intends to return to the 0.7% target when the fiscal situation allows. We cannot at this moment predict with certainty when the current fiscal circumstances will have sufficiently improved.
Asked by: Oliver Heald (Conservative - North East Hertfordshire)
Question to the HM Treasury:
To ask Mr Chancellor of the Exchequer, with reference to the Answer of 28 April 2016 to Question 35452, on corporation tax: taxis, in which table of the document referred to in that Answer information on corporation tax paid by minicab businesses is provided.
Answered by David Gauke
Corporation tax liabilities for Taxi Operations for 2013-14 have been extracted from the data used for HM Revenue and Customs National Statistics, published in August 2015. Table 11.4 of this publication shows industry breakdowns at an aggregated level:
The breakdown of corporation tax liabilities for the relevant detailed Standard Industrial Classification (SIC) 2007 sector classifications is provided in the table below.
SIC 2007 sector category | CT Liabilities (£m) | Sector Description |
49319 | 36.1 | Other urban, suburban or metropolitan passenger land transport (not underground, metro or similar) |
49320 | 27.1 | Taxi operation |
49390 | 22.3 | Other passenger land transport |
53201 | 8.1 | Licensed carriers |
Asked by: Oliver Heald (Conservative - North East Hertfordshire)
Question to the HM Treasury:
To ask Mr Chancellor of the Exchequer, what estimate he has made of the amount of income tax paid annually by London taxi drivers, in each of the last three years.
Answered by David Gauke
No estimate has been made of the income tax receipts arising from licensed Hackney Carriage drivers. The information is not available and could only be produced at disproportionate cost.
Asked by: Oliver Heald (Conservative - North East Hertfordshire)
Question to the HM Treasury:
To ask Mr Chancellor of the Exchequer, what estimate he has made of the annual amount of corporation tax paid by minicab businesses, in each of the last three years.
Answered by David Gauke
The information requested is set out at:
Asked by: Oliver Heald (Conservative - North East Hertfordshire)
Question to the HM Treasury:
To ask Mr Chancellor of the Exchequer, pursuant to the Answer of 2 February 2015 to Question 222161, if he will make an assessment of the link between the further boost to UK GDP and wage rises; and if he will make a statement.
Answered by Andrea Leadsom - Parliamentary Under-Secretary (Department of Health and Social Care)
The recent oil price fall will have a positive impact on UK GDP, which grew faster last year than in any other major advanced economy. In the long run the growth in real wages is determined by productivity. At Autumn Statement the OBR forecast productivity to rise in every year to 2019, alongside sustained growth in average earnings.
Asked by: Oliver Heald (Conservative - North East Hertfordshire)
Question to the HM Treasury:
To ask Mr Chancellor of the Exchequer, when he plans to bring forward secondary legislation to grant new powers to the Financial Policy Committee in respect of a leverage ratio framework.
Answered by Andrea Leadsom - Parliamentary Under-Secretary (Department of Health and Social Care)
A draft statutory instrument that will grant the Financial Policy Committee new powers of direction with regards to a leverage ratio framework was laid before the House on 12 February 2015. This instrument will soon be debated on the Floor of the House.