Asked by: Royston Smith (Conservative - Southampton, Itchen)
Question to the HM Treasury:
To ask Mr Chancellor of the Exchequer, how many businesses have missed the payment deadline since HMRC stopped sending corporation tax bills.
Answered by Mel Stride - Secretary of State for Work and Pensions
Information in the form requested is not readily available and could only be obtained, compiled and collated at disproportionate cost.
Asked by: Royston Smith (Conservative - Southampton, Itchen)
Question to the HM Treasury:
To ask Mr Chancellor of the Exchequer, whether he plans to review the thresholds on inheritance tax.
Answered by Mel Stride - Secretary of State for Work and Pensions
Inheritance tax thresholds are rising thanks to the introduction of the residence threshold last year. This will continue to rise to give married couples a £1m threshold by 2020-21.
Asked by: Royston Smith (Conservative - Southampton, Itchen)
Question to the HM Treasury:
To ask Mr Chancellor of the Exchequer, what financial incentives the Government makes available to (a) purchase a car that runs on LPG fuel and (b) convert a car to run on LPG fuel.
Answered by Robert Jenrick
The government uses the tax system to encourage the purchase of cars with low carbon dioxide (CO2) emissions. The Vehicle Excise Duty (VED) system works in a technology-neutral manner to encourage the uptake of fuel efficient, low CO2 emitting models irrespective of whether they are fuelled by petrol, diesel or battery power.
From 1 March 2001, alternatively fuelled cars, including those powered by Liquid Petroleum Gas (LPG) and bioethanol, as well as hybrids, receive a £10 discount on their annual VED payment.
LPG incurs a tax rate of £0.3161 per kg. This is compared with petrol or diesel, which has a tax rate of £0.5795 per litre. At Autumn Budget 2017, we also scrapped the LPG escalator.
Asked by: Royston Smith (Conservative - Southampton, Itchen)
Question to the HM Treasury:
To ask Mr Chancellor of the Exchequer, what assessment his Department has made of the potential merits of reducing vehicle tax for motorists who drive LPG cars.
Answered by Robert Jenrick
The government uses the tax system to encourage the purchase of cars with low carbon dioxide (CO2) emissions. The Vehicle Excise Duty (VED) system works in a technology-neutral manner to encourage the uptake of fuel efficient, low CO2 emitting models irrespective of whether they are fuelled by petrol, diesel or battery power.
From 1 March 2001, alternatively fuelled cars, including those powered by Liquid Petroleum Gas (LPG) and bioethanol, as well as hybrids, receive a £10 discount on their annual VED payment.
LPG incurs a tax rate of £0.3161 per kg. This is compared with petrol or diesel, which has a tax rate of £0.5795 per litre. At Autumn Budget 2017, we also scrapped the LPG escalator.
Asked by: Royston Smith (Conservative - Southampton, Itchen)
Question to the HM Treasury:
To ask the Chancellor of the Exchequer, what financial impact assessment has been made of operating (a) childcare vouchers and (b) tax-free childcare concurrently.
Answered by Elizabeth Truss
In response to the question on the proportion of self employed parents eligible for Tax-Free Childcare, I refer the Hon Member to the answer that I gave on 4 December to the Hon Member for Batley and Spen (PQ 116593).
Parents need to earn the equivalent of 16 hours per week at National Living Wage to be eligible for Tax-Free Childcare. The government also provides support with childcare costs for those on lower incomes through tax credits and Universal Credit.
Parents who meet the eligibility conditions for Tax-Free Childcare on the day they apply, or reconfirm, will qualify for support for a three month eligibility period. They remain eligible until the end of that period even if their circumstances change, for example if a parent becomes unemployed. Those starting work can apply for Tax-Free Childcare up to 31 days before taking up their new job. Parents may be eligible for Tax-Free Childcare if they are in receipt of Incapacity Benefit, Severe Disablement Allowance, Carer’s Allowance or Employment and Support Allowance and have a partner who is in work.
An updated impact assessment for Tax-Free Childcare was published in March 2017. This can be found here:
An updated expenditure forecast for Tax-Free Childcare was published as part of the Office for Budget Responsibility’s Economic and Fiscal Outlook in November 2017. An update on the Tax-Free Childcare forecast can be found on page 254 of the document here:
http://cdn.budgetresponsibility.org.uk/Nov2017EFOwebversion-2.pdf
We estimate that over 50,000 employers offer childcare voucher schemes. We do not hold specific information about which employers offer childcare vouchers.
Asked by: Royston Smith (Conservative - Southampton, Itchen)
Question to the HM Treasury:
To ask the Chancellor of the Exchequer, what proportion of places of work signed up to the childcare voucher scheme during the last seven years; and how many parents decided to participate in that scheme over that period.
Answered by Elizabeth Truss
In response to the question on the proportion of self employed parents eligible for Tax-Free Childcare, I refer the Hon Member to the answer that I gave on 4 December to the Hon Member for Batley and Spen (PQ 116593).
Parents need to earn the equivalent of 16 hours per week at National Living Wage to be eligible for Tax-Free Childcare. The government also provides support with childcare costs for those on lower incomes through tax credits and Universal Credit.
Parents who meet the eligibility conditions for Tax-Free Childcare on the day they apply, or reconfirm, will qualify for support for a three month eligibility period. They remain eligible until the end of that period even if their circumstances change, for example if a parent becomes unemployed. Those starting work can apply for Tax-Free Childcare up to 31 days before taking up their new job. Parents may be eligible for Tax-Free Childcare if they are in receipt of Incapacity Benefit, Severe Disablement Allowance, Carer’s Allowance or Employment and Support Allowance and have a partner who is in work.
An updated impact assessment for Tax-Free Childcare was published in March 2017. This can be found here:
An updated expenditure forecast for Tax-Free Childcare was published as part of the Office for Budget Responsibility’s Economic and Fiscal Outlook in November 2017. An update on the Tax-Free Childcare forecast can be found on page 254 of the document here:
http://cdn.budgetresponsibility.org.uk/Nov2017EFOwebversion-2.pdf
We estimate that over 50,000 employers offer childcare voucher schemes. We do not hold specific information about which employers offer childcare vouchers.
Asked by: Royston Smith (Conservative - Southampton, Itchen)
Question to the HM Treasury:
To ask the Chancellor of the Exchequer, what proportion of (a) public and (b) private sector organisations offer childcare vouchers.
Answered by Elizabeth Truss
In response to the question on the proportion of self employed parents eligible for Tax-Free Childcare, I refer the Hon Member to the answer that I gave on 4 December to the Hon Member for Batley and Spen (PQ 116593).
Parents need to earn the equivalent of 16 hours per week at National Living Wage to be eligible for Tax-Free Childcare. The government also provides support with childcare costs for those on lower incomes through tax credits and Universal Credit.
Parents who meet the eligibility conditions for Tax-Free Childcare on the day they apply, or reconfirm, will qualify for support for a three month eligibility period. They remain eligible until the end of that period even if their circumstances change, for example if a parent becomes unemployed. Those starting work can apply for Tax-Free Childcare up to 31 days before taking up their new job. Parents may be eligible for Tax-Free Childcare if they are in receipt of Incapacity Benefit, Severe Disablement Allowance, Carer’s Allowance or Employment and Support Allowance and have a partner who is in work.
An updated impact assessment for Tax-Free Childcare was published in March 2017. This can be found here:
An updated expenditure forecast for Tax-Free Childcare was published as part of the Office for Budget Responsibility’s Economic and Fiscal Outlook in November 2017. An update on the Tax-Free Childcare forecast can be found on page 254 of the document here:
http://cdn.budgetresponsibility.org.uk/Nov2017EFOwebversion-2.pdf
We estimate that over 50,000 employers offer childcare voucher schemes. We do not hold specific information about which employers offer childcare vouchers.
Asked by: Royston Smith (Conservative - Southampton, Itchen)
Question to the HM Treasury:
To ask the Chancellor of the Exchequer, what assistance is available under the tax-free childcare scheme for families in which a parent (a) becomes unemployed and (b) stops working in order to care for a relative.
Answered by Elizabeth Truss
In response to the question on the proportion of self employed parents eligible for Tax-Free Childcare, I refer the Hon Member to the answer that I gave on 4 December to the Hon Member for Batley and Spen (PQ 116593).
Parents need to earn the equivalent of 16 hours per week at National Living Wage to be eligible for Tax-Free Childcare. The government also provides support with childcare costs for those on lower incomes through tax credits and Universal Credit.
Parents who meet the eligibility conditions for Tax-Free Childcare on the day they apply, or reconfirm, will qualify for support for a three month eligibility period. They remain eligible until the end of that period even if their circumstances change, for example if a parent becomes unemployed. Those starting work can apply for Tax-Free Childcare up to 31 days before taking up their new job. Parents may be eligible for Tax-Free Childcare if they are in receipt of Incapacity Benefit, Severe Disablement Allowance, Carer’s Allowance or Employment and Support Allowance and have a partner who is in work.
An updated impact assessment for Tax-Free Childcare was published in March 2017. This can be found here:
An updated expenditure forecast for Tax-Free Childcare was published as part of the Office for Budget Responsibility’s Economic and Fiscal Outlook in November 2017. An update on the Tax-Free Childcare forecast can be found on page 254 of the document here:
http://cdn.budgetresponsibility.org.uk/Nov2017EFOwebversion-2.pdf
We estimate that over 50,000 employers offer childcare voucher schemes. We do not hold specific information about which employers offer childcare vouchers.
Asked by: Royston Smith (Conservative - Southampton, Itchen)
Question to the HM Treasury:
To ask the Chancellor of the Exchequer, what estimate his Department has made of the number of low-wage earners who will be financially disadvantaged as a result of the introduction of tax-free childcare.
Answered by Elizabeth Truss
In response to the question on the proportion of self employed parents eligible for Tax-Free Childcare, I refer the Hon Member to the answer that I gave on 4 December to the Hon Member for Batley and Spen (PQ 116593).
Parents need to earn the equivalent of 16 hours per week at National Living Wage to be eligible for Tax-Free Childcare. The government also provides support with childcare costs for those on lower incomes through tax credits and Universal Credit.
Parents who meet the eligibility conditions for Tax-Free Childcare on the day they apply, or reconfirm, will qualify for support for a three month eligibility period. They remain eligible until the end of that period even if their circumstances change, for example if a parent becomes unemployed. Those starting work can apply for Tax-Free Childcare up to 31 days before taking up their new job. Parents may be eligible for Tax-Free Childcare if they are in receipt of Incapacity Benefit, Severe Disablement Allowance, Carer’s Allowance or Employment and Support Allowance and have a partner who is in work.
An updated impact assessment for Tax-Free Childcare was published in March 2017. This can be found here:
An updated expenditure forecast for Tax-Free Childcare was published as part of the Office for Budget Responsibility’s Economic and Fiscal Outlook in November 2017. An update on the Tax-Free Childcare forecast can be found on page 254 of the document here:
http://cdn.budgetresponsibility.org.uk/Nov2017EFOwebversion-2.pdf
We estimate that over 50,000 employers offer childcare voucher schemes. We do not hold specific information about which employers offer childcare vouchers.
Asked by: Royston Smith (Conservative - Southampton, Itchen)
Question to the HM Treasury:
To ask the Chancellor of the Exchequer, what recent estimate his Department has made of the number of self-employed households which will benefit from the introduction of tax-free childcare.
Answered by Elizabeth Truss
In response to the question on the proportion of self employed parents eligible for Tax-Free Childcare, I refer the Hon Member to the answer that I gave on 4 December to the Hon Member for Batley and Spen (PQ 116593).
Parents need to earn the equivalent of 16 hours per week at National Living Wage to be eligible for Tax-Free Childcare. The government also provides support with childcare costs for those on lower incomes through tax credits and Universal Credit.
Parents who meet the eligibility conditions for Tax-Free Childcare on the day they apply, or reconfirm, will qualify for support for a three month eligibility period. They remain eligible until the end of that period even if their circumstances change, for example if a parent becomes unemployed. Those starting work can apply for Tax-Free Childcare up to 31 days before taking up their new job. Parents may be eligible for Tax-Free Childcare if they are in receipt of Incapacity Benefit, Severe Disablement Allowance, Carer’s Allowance or Employment and Support Allowance and have a partner who is in work.
An updated impact assessment for Tax-Free Childcare was published in March 2017. This can be found here:
An updated expenditure forecast for Tax-Free Childcare was published as part of the Office for Budget Responsibility’s Economic and Fiscal Outlook in November 2017. An update on the Tax-Free Childcare forecast can be found on page 254 of the document here:
http://cdn.budgetresponsibility.org.uk/Nov2017EFOwebversion-2.pdf
We estimate that over 50,000 employers offer childcare voucher schemes. We do not hold specific information about which employers offer childcare vouchers.