Asked by: Baroness Coffey (Conservative - Life peer)
Question to the HM Treasury:
To ask the Chancellor of the Exchequer, pursuant to the Answer of 10 January 2024 to Question 7905 on Welfare Tax Credits, for what reason the awards of tax credit are deemed provisional; and for what reason the information is published annually.
Answered by Nigel Huddleston - Shadow Secretary of State for Culture, Media and Sport
The provisional awards statistics for those receiving Child and Working Tax Credits relate to the caseload position at a snapshot point in time, based on the latest family circumstances HMRC have been informed of by each family prior to that point in time.
It is only at finalisation (usually four to nine months after the end of the tax year) that the family’s circumstances for the whole year are known and a finalised award can be calculated.
This means the statistics for provisional awards provide up to date numbers at the reference point in time but are subject to change following finalisation as described above.
HMRC publishes accredited official statistics based on provisional awards data twice a year coinciding with the availability of that data for analytical purposes. The statistics are usually released in February (based on data from December of the previous year) and June (based on April data).
Asked by: Baroness Coffey (Conservative - Life peer)
Question to the HM Treasury:
To ask the Chancellor of the Exchequer, how many tax credit recipients there are in Suffolk Coastal constituency; and how many tax credit recipients have undergone managed migration to Universal Credit.
Answered by Nigel Huddleston - Shadow Secretary of State for Culture, Media and Sport
The number of Child or Working Tax Credits recipients in the Suffolk Coastal constituency can be found in table 4 in Geographical data tables of the latest Provisional Awards statistics published here: https://assets.publishing.service.gov.uk/media/6495a963831311000c2962b1/Child_and_Working_Tax_Credits_April_2023_Geographical_Tables.ods
The statistics are as at April 2023, the most recent point in time for which numbers are available.
Information on the number of tax credits recipients who have moved to Universal Credit through the managed migration process is not available at the parliamentary constituency level.
Asked by: Baroness Coffey (Conservative - Life peer)
Question to the HM Treasury:
To ask the Chancellor of the Exchequer, how many tax credit recipients have undergone managed migration to universal credit.
Answered by Nigel Huddleston - Shadow Secretary of State for Culture, Media and Sport
The details requested have been published and can be found here:
Information to the end of December 2023 is due to be released in March 2024, with a precise date to be given in an announcement not less 28 days before the publication.
Asked by: Baroness Coffey (Conservative - Life peer)
Question to the HM Treasury:
To ask the Chancellor of the Exchequer, how many people receive tax free childcare in Suffolk Coastal constituency.
Answered by Laura Trott - Shadow Secretary of State for Education
Statistics relating to Tax-Free Childcare account use are published quarterly in “Tax-Free Childcare Statistics” on the gov.uk website. The latest publication, containing information up to September 2023 is here:
https://www.gov.uk/government/collections/tax-free-childcare-quarterly-statistics
Asked by: Baroness Coffey (Conservative - Life peer)
Question to the HM Treasury:
To ask the Chancellor of the Exchequer, how much was paid to recipients of tax free childcare (a) in total and (b) on average in each financial year since 2017-18.
Answered by Laura Trott - Shadow Secretary of State for Education
Statistics relating to Tax-Free Childcare account use are published quarterly in “Tax-Free Childcare Statistics” on the gov.uk website. The latest publication, containing information up to September 2023 is here:
https://www.gov.uk/government/collections/tax-free-childcare-quarterly-statistics
Asked by: Baroness Coffey (Conservative - Life peer)
Question to the HM Treasury:
To ask the Chancellor of the Exchequer, how many tax credit recipients there were in December 2023.
Answered by Nigel Huddleston - Shadow Secretary of State for Culture, Media and Sport
Statistics for families in receipt of tax credits as of April 23 are available at the link below:
Child and Working Tax Credits statistics: Provisional Awards April 2023 - GOV.UK (www.gov.uk)
Figures for December 2023 are due to be released in February and will form part of the Child and Working Tax Credits statistics: Provisional Awards, December 2023 accredited official statistics publication.
Asked by: Baroness Coffey (Conservative - Life peer)
Question to the HM Treasury:
To ask the Chancellor of the Exchequer, with reference to the Autumn Statement 2023, whether he plans to bring forward legislative proposals to provide the Crown Estate with (a) borrowing and (b) wider investment powers during this Session.
Answered by Gareth Davies - Shadow Minister (Business and Trade)
As set out in Autumn Statement 2023, to further accelerate the UK’s world-leading offshore wind deployment, the government will bring forward legislation to provide the Crown Estate with borrowing and wider investment powers as soon as parliamentary time allows. This will help to unlock a further 20-30GW of new offshore wind seabed rights by 2030.