Written Question
Monday 18th March 2024
Asked by:
Vicky Ford (Conservative - Chelmsford)
Question
to the HM Treasury:
To ask the Chancellor of the Exchequer, with reference to paragraph 5.121, page 99 of the Autumn Statement 2023, what his planned timetable is for publishing a consultation on introducing a UK regime for captive insurance companies; what discussions his Department has had with the (a) Prudential Regulation Authority and (b) Financial Conduct Authority on the potential introduction of a captive insurance regime; and what recent assessment his Department has made of the potential merits of introducing such a regime.
Answered by Bim Afolami
As announced at Autumn Statement, the Government will consult on the design of a new framework for encouraging the establishment and growth of captive insurance companies in the UK. The consultation will launch in Spring 2024.
The consultation will test views on proposals to introduce an attractive and competitive new UK captive insurance regime that works for businesses. Key to this will also be proportionate regulation that maintains the UK’s high regulatory standards.
The Treasury will continue to work closely with the independent regulators as it considers the case for a UK captives framework.
Written Question
Friday 9th February 2024
Asked by:
Vicky Ford (Conservative - Chelmsford)
Question
to the HM Treasury:
To ask the Chancellor of the Exchequer, how much tax revenue is accrued from VAT on public charge points in residential areas.
Answered by Nigel Huddleston
- Shadow Secretary of State for Culture, Media and Sport
The information is not available. HM Revenue and Customs does not hold information on VAT revenue from specific products or services, including VAT on public electric vehicle charging points. This is because businesses are not required to provide figures at a product level within their VAT returns, as this would impose an excessive administrative burden.
Written Question
Friday 9th February 2024
Asked by:
Vicky Ford (Conservative - Chelmsford)
Question
to the HM Treasury:
To ask the Chancellor of the Exchequer, how much tax revenue is accrued from VAT on public charge points.
Answered by Nigel Huddleston
- Shadow Secretary of State for Culture, Media and Sport
The information is not available. HM Revenue and Customs does not hold information on VAT revenue from specific products or services, including VAT on public electric vehicle charging points. This is because businesses are not required to provide figures at a product level within their VAT returns, as this would impose an excessive administrative burden.
Speech in Commons Chamber - Tue 11 Feb 2020
Oral Answers to Questions
"About 3,000 people work in the insurance sector in Chelmsford—it is a massive contributor to our economy and to the tax take. Given that the EU grants equivalence in the insurance sector to countries such as Bermuda, is it not perfectly reasonable that the EU should offer the UK the …..."Vicky Ford - View Speech
View all Vicky Ford (Con - Chelmsford) contributions to the debate on: Oral Answers to Questions
Speech in Commons Chamber - Wed 19 Jun 2019
Breathing Space Scheme
"I absolutely welcome the breathing space scheme, which will help people facing debts that they cannot repay. I join other Members in thanking citizens advice bureaux and organisations such as the Trussell Trust that help to signpost people to better debt advice. It has told me that young people, in …..."Vicky Ford - View Speech
View all Vicky Ford (Con - Chelmsford) contributions to the debate on: Breathing Space Scheme
Speech in Commons Chamber - Tue 21 May 2019
Oral Answers to Questions
"If we want more renewables and more electric cars we need a more resilient electricity grid, and that needs more investment. Does my right hon. Friend agree that the last thing we need for a cleaner, greener Britain is for the Labour party to wipe billions of pounds off our …..."Vicky Ford - View Speech
View all Vicky Ford (Con - Chelmsford) contributions to the debate on: Oral Answers to Questions
Speech in Commons Chamber - Tue 30 Apr 2019
National Insurance Contributions (Termination Awards and Sporting Testimonials) Bill
"rose—..."Vicky Ford - View Speech
View all Vicky Ford (Con - Chelmsford) contributions to the debate on: National Insurance Contributions (Termination Awards and Sporting Testimonials) Bill
Speech in Commons Chamber - Tue 30 Apr 2019
National Insurance Contributions (Termination Awards and Sporting Testimonials) Bill
"I just wanted to declare an interest as a member of Essex county cricket club. I thank the Minister for supporting cricket...."Vicky Ford - View Speech
View all Vicky Ford (Con - Chelmsford) contributions to the debate on: National Insurance Contributions (Termination Awards and Sporting Testimonials) Bill
Speech in Commons Chamber - Tue 09 Apr 2019
Oral Answers to Questions
"In Chelmsford we love our high street. Does my right hon. Friend agree that giving nine out of 10 of our shops a business rates reduction of up to £8,000 a year will help to create a more level playing field between online and bricks-and-mortar shops?..."Vicky Ford - View Speech
View all Vicky Ford (Con - Chelmsford) contributions to the debate on: Oral Answers to Questions
Speech in Commons Chamber - Tue 05 Mar 2019
Oral Answers to Questions
"15. What fiscal steps he is taking to establish the UK as a world leader in new technologies. ..."Vicky Ford - View Speech
View all Vicky Ford (Con - Chelmsford) contributions to the debate on: Oral Answers to Questions