Sep. 24 2024
Source Page: UK Space Agency spending report: August 2024Found: and Customs 615389 19912.00 BD98 8AA WGA ONLY Department for Business, Energy & Industrial Strategy
Found: Biometric data: Misuse, use, and collation
Sep. 20 2024
Source Page: Sport Grounds Safety Authority annual report and accounts 2023 to 2024Found: Sport Grounds Safety Authority annual report and accounts 2023 to 2024
Sep. 20 2024
Source Page: OSCAR II – publishing data from the database: September 2024Found: -25 Qtr1 - 24-25 Apr-24 148747 HMR041 HM Revenue & Customs TOTAL AME DEPT AME HM Revenue and Customs
Asked by: Lord Rooker (Labour - Life peer)
Question to the HM Treasury:
To ask His Majesty's Government what estimate they have made of the revenue they would receive if National Insurance was paid by those aged over 65 with incomes over the threshold; and what assessment they have made of requiring those with incomes above the threshold to pay it.
Answered by Lord Livermore - Financial Secretary (HM Treasury)
Estimated figures of the cost of the National Insurance Contributions (NICs) exemption for those aged over 65 are published by HM Revenue and Customs in their Structural Tax Reliefs publication.
A condensed version of the table of interest has been copied below, showing estimated costs annually from 2018-19 until 2023-24.
Table: HMRC NICs Structural Cost Estimates by Financial Year
Financial Year NICs structural cost estimates (£ million)
2018-19 1,300
2019-20 1,200
2020-21 840
2021-22 1,200*
2022-23 1,200*
2023-24 1,100*
*Projected estimates based upon the 2019-20 Survey of Personal Incomes, projected in line with economic assumptions consistent with the Office for Budget Responsibility’s March 2023 Economic and Fiscal Outlook.
The estimated cost of this exemption does not represent the yield if this exemption were to be abolished as other behavioural responses, including a possible increase in State Pension expenditure, would be expected to substantially reduce the yield.
Sep. 19 2024
Source Page: Agent Update: Issue 123Found: Update: Issue 123 Get guidance from HMRC if you're a tax agent or an adviser From: HM Revenue
Sep. 19 2024
Source Page: Annual savings statistics 2024Found: and income.
Sep. 19 2024
Source Page: Annual savings statistics 2024Found: The figures in the tables are based on annual returns from CTF providers submitted to HM Revenue & Customs
Sep. 19 2024
Source Page: Annual savings statistics 2024Found: publication includes information on withdrawals from Lifetime Individual Savings Accounts for house purchases and
Sep. 19 2024
Source Page: Annual savings statistics 2024Found: Annual savings statistics 2024 HMRC statistics on Individual Savings Accounts, Child Trust Funds and