Asked by: James Gray (Conservative - North Wiltshire)
Question to the HM Treasury:
To ask the Chancellor of the Exchequer, how many people moved home and paid Stamp Duty between 1 April and 7 July 2020; and how much revenue was collected in Stamp Duty during that period.
Answered by Jesse Norman
The precise statistics requested are not readily available as stamp duty transactions and revenue are derived on a monthly basis.
HM Revenue and Customs have published Official Statistics for the months in question. The “Monthly property transactions completed in the UK with value of £40,000 or above” publication contains the residential transaction figures, and the “HMRC tax receipts and National Insurance contributions for the UK” publication contains the SDLT receipts figures. More specific information would only be available at disproportionate cost.
Asked by: James Gray (Conservative - North Wiltshire)
Question to the HM Treasury:
To ask Mr Chancellor of the Exchequer, what estimate he has made of the volume of UK citizens’ data held by companies (a) supplying cloud services to his Department and (b) contracted to deliver cloud services on behalf of his Department which is subject to information requests from US Government bodies.
Answered by Robert Jenrick
Our estimate is that no UK citizens’ data held through cloud services is subject to information requests from US Government bodies. Our records of our personal data holdings, as well procurement review process, are currently under review as part of the forthcoming General Data Protection Regulation (GDPR).
Asked by: James Gray (Conservative - North Wiltshire)
Question to the HM Treasury:
To ask Mr Chancellor of the Exchequer, how many and what proportion of his Department’s cloud-hosting contracts have been awarded to (a) hyperscale cloud providers and (b) UK SMEs; and what the value of those contracts was in each of the last three years.
Answered by Robert Jenrick
It is our policy to award contracts on the basis of value for money, whilst doing everything we can to encourage UK suppliers, and UK SME's in particular, to win business. This is achieved through competitive tender in accordance with public procurement legislation.
The department has seven cloud-hosting contracts, of which five have been awarded to UK SMEs and zero have been awarded to hyperscale providers. The total value of the contracts awarded to SMEs is £162,256.
Asked by: James Gray (Conservative - North Wiltshire)
Question to the HM Treasury:
To ask Mr Chancellor of the Exchequer, what security measures his Department has in place relating to the receipt by his Department of incoming post and parcels; and what discussions he has had with the British Forces Postal Office on providing such services.
Answered by Andrew Jones
The department’s mail is initially scanned offsite for suspect content, before being delivered by private delivery service to our offices. We have had no discussion with BFPO on providing such services.
Asked by: James Gray (Conservative - North Wiltshire)
Question to the HM Treasury:
To ask Mr Chancellor of the Exchequer, what recent assessment he has made of the effect of the stamp duty levy on investment in new homes to rent out.
Answered by Mel Stride - Secretary of State for Work and Pensions
The Government introduced the higher rates of stamp duty on additional properties to support home ownership and first-time buyers. It is right that people should be free to purchase a second home or invest in a buy-to-let property, but the Government is aware that this can impact on other people’s ability to get on to the property ladder.
The latest estimate for this measure’s receipts for 2016-17 is £1.6 billion, compared to an initial forecast of £0.7 billion.
Asked by: James Gray (Conservative - North Wiltshire)
Question to the HM Treasury:
To ask Mr Chancellor of the Exchequer, what the total income from the additional stamp duty levy on additional homes was for 2016-17; and what the total amount refunded was on the grounds of a purchaser having sold their main residence within three years of buying a new one.
Answered by Mel Stride - Secretary of State for Work and Pensions
Estimated receipts from the higher rate of SDLT on ‘additional properties’ from 1 April 2016, is published in 'Quarterly Stamp Duty Statistics' Table 6.
https://www.gov.uk/government/statistics/quarterly-stamp-duty-statistics
Statistics on repayments from the higher rate of SDLT on additional properties for 2016-17 are due to be published in July 2017.
Asked by: James Gray (Conservative - North Wiltshire)
Question to the HM Treasury:
To ask Mr Chancellor of the Exchequer, what assumptions he made in forecasting expected revenue from the three percentage point stamp duty levy on the purchase of additional homes and homes to rent out.
Answered by Mel Stride - Secretary of State for Work and Pensions
The key assumptions behind the forecast for expected revenue from the SDLT higher rates for additional properties are set out in the Spending Review and Autumn Statement 2015 policy costings:
https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/480565/SRAS2015_policy_costings_amended_page_25.pdf
These assumptions were updated in the Budget 2016 policy costings:
https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/508147/PU1912_Policy_Costings_FINAL3.pdf