Asked by: Paul Maynard (Conservative - Blackpool North and Cleveleys)
Question to the HM Treasury:
To ask the Chancellor of the Exchequer, if his Department will make an assessment of the potential merits of expanding the exemption provisions of Section 317 of the Income Tax (Earnings and Pensions) Act 2003 to cover local restaurants and businesses in close proximity to company premises.
Answered by Victoria Atkins - Secretary of State for Health and Social Care
Information on the number of eligible individuals or businesses who use the exemption provisions under Section 317 is not collected as the provision of these benefits are not subject to income tax and National Insurance contributions.
However, the Government is committed to supporting the hospitality sector through other means, including business rates support worth £13.6 billion over the next five years.
Asked by: Paul Maynard (Conservative - Blackpool North and Cleveleys)
Question to the HM Treasury:
To ask the Chancellor of the Exchequer, if he will make an estimate of the number of home or remote working employees that are eligible for the subsidised meal schemes outlined in Section 317 of the Income Tax (Earnings and Pensions) Act 2003.
Answered by Victoria Atkins - Secretary of State for Health and Social Care
Information on the number of eligible individuals or businesses who use the exemption provisions under Section 317 is not collected as the provision of these benefits are not subject to income tax and National Insurance contributions.
However, the Government is committed to supporting the hospitality sector through other means, including business rates support worth £13.6 billion over the next five years.
Asked by: Paul Maynard (Conservative - Blackpool North and Cleveleys)
Question to the HM Treasury:
To ask the Chancellor of the Exchequer, how many businesses utilised the exemption provisions in Section 317 of the Income Tax (Earnings and Pensions) Act 2003 in the latest period for which information is available.
Answered by Victoria Atkins - Secretary of State for Health and Social Care
Information on the number of eligible individuals or businesses who use the exemption provisions under Section 317 is not collected as the provision of these benefits are not subject to income tax and National Insurance contributions.
However, the Government is committed to supporting the hospitality sector through other means, including business rates support worth £13.6 billion over the next five years.
Asked by: Paul Maynard (Conservative - Blackpool North and Cleveleys)
Question to the HM Treasury:
To ask the Chancellor of the Exchequer, what the (a) minimum, (b) 25th percentile figure of the, (c) median, (d) 75th percentile figure of the and (e) maximum bonus for a Help to Save account was at the end of the second year of the scheme, as of the end of December 2022.
Answered by Andrew Griffith - Minister of State (Department for Science, Innovation and Technology)
The number of Help to Save accounts opened each month up to the end of March 2022 is published in the Annual Savings Statistics: https://www.gov.uk/government/statistics/annual-savings-statistics-2022. The relevant information can be found in tab 2 of the document “Help to Save tables: June 2022”. This information will be updated in the next edition of the Annual Savings Statistics, due to be published on 22 June 2023. HMRC only has data on eligibility on a tax year basis.
The information on the number of Help to Save accounts that did not receive a bonus as of 31 December 2022 and bonus percentiles, including the median, can only be provided at a disproportionate cost.
The proportion of Help to Save accounts that did not receive a bonus in each year since the introduction of the scheme can only be provided at a disproportionate cost.
Asked by: Paul Maynard (Conservative - Blackpool North and Cleveleys)
Question to the HM Treasury:
To ask the Chancellor of the Exchequer, how many and what proportion of people eligible to use Help to Save have opened an account as of 31 December 2022.
Answered by Andrew Griffith - Minister of State (Department for Science, Innovation and Technology)
The number of Help to Save accounts opened each month up to the end of March 2022 is published in the Annual Savings Statistics: https://www.gov.uk/government/statistics/annual-savings-statistics-2022. The relevant information can be found in tab 2 of the document “Help to Save tables: June 2022”. This information will be updated in the next edition of the Annual Savings Statistics, due to be published on 22 June 2023. HMRC only has data on eligibility on a tax year basis.
The information on the number of Help to Save accounts that did not receive a bonus as of 31 December 2022 and bonus percentiles, including the median, can only be provided at a disproportionate cost.
The proportion of Help to Save accounts that did not receive a bonus in each year since the introduction of the scheme can only be provided at a disproportionate cost.
Asked by: Paul Maynard (Conservative - Blackpool North and Cleveleys)
Question to the HM Treasury:
To ask the Chancellor of the Exchequer, how many and what proportion of Help to Save accounts did not receive a bonus as of 31 December 2022.
Answered by Andrew Griffith - Minister of State (Department for Science, Innovation and Technology)
The number of Help to Save accounts opened each month up to the end of March 2022 is published in the Annual Savings Statistics: https://www.gov.uk/government/statistics/annual-savings-statistics-2022. The relevant information can be found in tab 2 of the document “Help to Save tables: June 2022”. This information will be updated in the next edition of the Annual Savings Statistics, due to be published on 22 June 2023. HMRC only has data on eligibility on a tax year basis.
The information on the number of Help to Save accounts that did not receive a bonus as of 31 December 2022 and bonus percentiles, including the median, can only be provided at a disproportionate cost.
The proportion of Help to Save accounts that did not receive a bonus in each year since the introduction of the scheme can only be provided at a disproportionate cost.
Asked by: Paul Maynard (Conservative - Blackpool North and Cleveleys)
Question to the HM Treasury:
To ask the Chancellor of the Exchequer, how many and what proportion of Help to Save accounts did not receive a bonus in each year since the introduction of the scheme; and if he will provide a breakdown of those figures by parliamentary constituency.
Answered by Andrew Griffith - Minister of State (Department for Science, Innovation and Technology)
The number of Help to Save accounts opened each month up to the end of March 2022 is published in the Annual Savings Statistics: https://www.gov.uk/government/statistics/annual-savings-statistics-2022. The relevant information can be found in tab 2 of the document “Help to Save tables: June 2022”. This information will be updated in the next edition of the Annual Savings Statistics, due to be published on 22 June 2023. HMRC only has data on eligibility on a tax year basis.
The information on the number of Help to Save accounts that did not receive a bonus as of 31 December 2022 and bonus percentiles, including the median, can only be provided at a disproportionate cost.
The proportion of Help to Save accounts that did not receive a bonus in each year since the introduction of the scheme can only be provided at a disproportionate cost.
Asked by: Paul Maynard (Conservative - Blackpool North and Cleveleys)
Question to the HM Treasury:
To ask the Chancellor of the Exchequer, what the median bonus was for Help to Save accounts, excluding those that did not receive a bonus, in each parliamentary constituency in each year since the scheme was introduced.
Answered by Andrew Griffith - Minister of State (Department for Science, Innovation and Technology)
The number of Help to Save accounts opened each month up to the end of March 2022 is published in the Annual Savings Statistics: https://www.gov.uk/government/statistics/annual-savings-statistics-2022. The relevant information can be found in tab 2 of the document “Help to Save tables: June 2022”. This information will be updated in the next edition of the Annual Savings Statistics, due to be published on 22 June 2023. HMRC only has data on eligibility on a tax year basis.
The information on the number of Help to Save accounts that did not receive a bonus as of 31 December 2022 and bonus percentiles, including the median, can only be provided at a disproportionate cost.
The proportion of Help to Save accounts that did not receive a bonus in each year since the introduction of the scheme can only be provided at a disproportionate cost.
Asked by: Paul Maynard (Conservative - Blackpool North and Cleveleys)
Question to the HM Treasury:
To ask the Chancellor of the Exchequer, what the median bonus for Help to Save accounts, including those that did not receive a bonus, was in each parliamentary constituency in each year since the scheme was introduced.
Answered by Andrew Griffith - Minister of State (Department for Science, Innovation and Technology)
The number of Help to Save accounts opened each month up to the end of March 2022 is published in the Annual Savings Statistics: https://www.gov.uk/government/statistics/annual-savings-statistics-2022. The relevant information can be found in tab 2 of the document “Help to Save tables: June 2022”. This information will be updated in the next edition of the Annual Savings Statistics, due to be published on 22 June 2023. HMRC only has data on eligibility on a tax year basis.
The information on the number of Help to Save accounts that did not receive a bonus as of 31 December 2022 and bonus percentiles, including the median, can only be provided at a disproportionate cost.
The proportion of Help to Save accounts that did not receive a bonus in each year since the introduction of the scheme can only be provided at a disproportionate cost.
Asked by: Paul Maynard (Conservative - Blackpool North and Cleveleys)
Question to the HM Treasury:
To ask the Chancellor of the Exchequer, if he will publish the (a) membership, (b) terms of reference and (c) minutes of meetings of the Financial Inclusion Policy Committee.
Answered by Andrew Griffith - Minister of State (Department for Science, Innovation and Technology)
Since March 2018, the Government has convened the Financial Inclusion Policy Forum, bringing together senior stakeholders to promote collaboration and provide the leadership needed to tackle financial exclusion.
The forum’s membership includes leaders from industry, the third sector, and consumer groups, as well as representation from the Financial Conduct Authority (FCA) and government. The forum seeks to ensure that individuals, regardless of their background or income, have access to useful and affordable financial products and services.
A summary of each forum meeting is published on the government website and can be accessed using the following link - Summary of Financial Inclusion Policy Forum meetings - GOV.UK (www.gov.uk). I convened the most recent forum on 14 February at the Money Advice Trust (MAT) which included discussion of affordable credit and accessibility in financial services. A summary of the meeting will be published in due course.