HM Treasury

HM Treasury is the government’s economic and finance ministry, maintaining control over public spending, setting the direction of the UK’s economic policy and working to achieve strong and sustainable economic growth.


View sample weekly alert

Secretary of State

Rt Hon Sajid Javid MP
Chancellor of the Exchequer
Ministers of State
Jesse Norman MP
Financial Secretary to the Treasury and Paymaster General
John Glen MP
Minister of State (Treasury) (City)
Rt Hon Oliver Dowden MP
Paymaster General (HM Treasury)
Rt Hon Rishi Sunak MP
Chief Secretary to the Treasury
Parliamentary Under-Secretaries of State
John Glen MP
Economic Secretary (HM Treasury)
Mr Simon Clarke MP
Exchequer Secretary (HM Treasury)

Latest News (from Department Twitter Feed)

16 Oct 2019, 10:24 a.m.
Inflation remained at 1.7% last month. Find out why low and stable inflation is important here 👇 https://t.co/7KaL5x9mgx - Link
15 Oct 2019, 1:31 p.m.
With the forthcoming National Infrastructure Strategy announced in yesterday’s Queen’s Speech we’re set to deliver the UK’s infrastructure revolution. @Jesse_Norman visited the National Infrastructure Lab @unisouthampton last week, to see some of the expert work underway. https://t.co/ZiRSfTRdKo - Link
View All HM Treasury Tweets

HM Treasury Commons Appearances

Oral Answers to Questions is a regularly scheduled appearance where the Secretary of State and junior minister will answer at the Dispatch Box questions from backbench MPs

Other Commons Chamber appearances can be:
  • Urgent Questions where the Speaker has selected a question to which a Minister must reply that day
  • Adjornment Debates a 30 minute debate attended by a Minister that concludes the day in Parliament.
  • Oral Statements informing the Commons of a significant development, where backbench MP's can then question the Minister making the statement.

Westminster Hall debates are performed in response to backbench MPs or e-petitions asking for a Minister to address a detailed issue

Written Statements are made when a current event is not sufficiently significant to require an Oral Statement, but the House is required to be informed.

Most Recent Commons Appearances by Category
Date Type Title
Oct. 01 Oral Questions Oral Answers to Questions
Oct. 01 Topical Questions Topical Questions
Sep. 30 Urgent Questions No-deal Brexit: Short Positions against the Pound
Oct. 08 Written Statements ECOFIN
Sep. 03 Westminster Hall High-income Child Benefit Charge
Jul. 08 Adjournment Debate Precious Metal Markets
View All HM Treasury Commons Contibutions

HM Treasury Legislation

Title Last Event Next Event Date Last Updated
Finance (No.2) Act 2017 Royal Assent (Minutes of Proceedings) 16 November, 2017 1 Dec 2017, 10:52 a.m.
A Bill to grant certain duties, to alter other duties, and to amend the law relating to the national debt and the public revenue, and to make further provision in connection with finance.
Finance Act 2018 Royal Assent (Minutes of Proceedings) 15 March, 2018 16 Mar 2018, 3:35 p.m.
A Bill to grant certain duties, to alter other duties, and to amend the law relating to the national debt and the public revenue, and to make further provision in connection with finance.
Finance Act 2019 Royal Assent (Minutes of Proceddings) 12 February, 2019 30 Sep 2019, 2:24 p.m.
A Bill to grant certain duties, to alter other duties, and to amend the law relating to the national debt and the public revenue, and to make further provision in connection with finance.
Supply and Appropriation (Anticipation and Adjustments) Act 2018 Royal Assent (Minutes of Proceedings) 15 March, 2018 20 Feb 2019, 10:56 a.m.
To authorise the use of resources for the years ending with 31 March 2017, 31 March 2018 and 31 March 2019; to authorise the issue of sums out of the Consolidated Fund for the years ending 31 March 2018 and 31 March 2019; and to appropriate the supply authorised by this Act for the years ending with 31 March 2017 and 31 March 2018.
Supply and Appropriation (Anticipation and Adjustments) Act 2019 Royal Assent (Minutes of Proceedings) 15 March, 2019 18 Mar 2019, 10:53 a.m.
To authorise the use of resources for the years ending with 31 March 2018, 31 March 2019 and 31 March 2020; to authorise the issue of sums out of the Consolidated Fund for those years; and to appropriate the supply authorised by this Act for the years ending with 31 March 2018 and 31 March 2019.
Supply and Appropriation (Main Estimates) Act 2017 Royal Assent (Minutes of Proceedings) 19 July, 2017 24 Jul 2017, 4:07 p.m.
Supply and Appropriation (Main Estimates) Act 2018 Royal Assent (Minutes of Proceedings) 19 July, 2018 20 Jul 2018, 10:55 a.m.
To authorise the use of resources for the year ending with 31 March 2019; to authorise both the issue of sums out of the Consolidated Fund and the application of income for that year; and to appropriate the supply authorised for that year by this Act and by the Supply and Appropriation (Anticipation and Adjustments) Act 2018.
Taxation (Cross-border Trade) Act 2018 Royal Assent (Minutes of Proceedings) 13 September, 2018 14 Sep 2018, 1:28 p.m.
A Bill to impose and regulate a duty of customs by reference to the importation of goods into the United Kingdom; to confer a power to impose and regulate a duty of customs by reference to the export of goods from the United Kingdom; to make other provision in relation to any duty of customs in connection with the withdrawal of the United Kingdom from the EU; to amend the law relating to value added tax, and the law relating to any excise duty on goods, in connection with that withdrawal; and for connected purposes.
National Insurance Contributions (Termination Awards and Sporting Testimonials) Act 2019 Royal Assent (Minutes of Proceedings) 24 July, 2019 3rd reading: House of Lords

23 Jul 2019

25 Jul 2019, 6:51 p.m.
A Bill to provide for Class 1A national insurance contributions on certain termination awards; and to provide for the controller of a sporting testimonial to be the person liable to pay Class 1A national insurance contributions on payments from money raised by the testimonial.
Supply and Appropriation (Main Estimates) (No.3) Act 2019 Royal Assent (Minutes of Proceedings) 17 July, 2019 2nd reading: House of Lords

16 Jul 2019

16 Sep 2019, 1:23 p.m.
A Bil to Authorise the use of resources for the year ending with 31 March 2020; to authorise both the issue of sums out of the Consolidated Fund and the application of income for that year; and to appropriate the supply authorised for that year by this Act and by the Supply and Appropriation (Anticipation and Adjustments) Act 2019.

Petitions addressed by HM Treasury

Current Signatures Final Signatures Title Petition Deadline
149,138
Petition Closed

Pay Up Now! – Scrap the pay cap and give public servants a meaningful pay rise

Gov Responded - 9 Oct 2017 Debated on - 4 Dec 2017
12 Mar 2018
closed 1 year, 7 months ago

Every single person who works in public services needs and deserve a pay rise. It’s time for the pay cap to be scrapped, for the government to provide additional funding for public sector pay and for employers to put public sector workers pay up now.

119,587
Petition Closed

Keep Childcare Vouchers open beyond April 2018

Gov Responded - 12 Oct 2017 Debated on - 15 Jan 2018
18 Mar 2018
closed 1 year, 7 months ago

Hundreds of thousands of parents will lose out under the new tax-free childcare. The voucher schemes should be kept open alongside tax-free childcare to give parents a genuine choice for the support that best suits their family.

View All HM Treasury Petitions

HM Treasury Select Committee

HM Treasury Select Committee Home Page

Select Committees are a formally established cross-party group of backbench MPs tasked with holding a Government department to account.

At any time there will be number of ongoing investigations into the work of the Department, or issues which fall within the oversight of the Department. Witnesses can be summoned from within the Government and outside to assist in these inquiries, and the Select Committee will occasionally publish formal reports of their findings.


HM Treasury Publications


HM Treasury Written Questions

Written Questions are submitted by Members of Parliament and the House of Lords to receive information or updates from a Department.

Departments are required to respond in a timely fashion and provide a response or requested information. Written Questions can compel detailed and specific information to be produced, and are frequently used as the source of news stories about the work of a Department.

Latest Written Question
Date Title Questioner
8 Oct 2019, 12:11 p.m. Tax Avoidance Sandy Martin

Question

To ask the Chancellor of the Exchequer, what estimate he has made of the number of taxpayers working for a single employer under a Loan Charge scheme who would not have had the choice of being employed directly by that employer.

Answer (Jesse Norman)

Disguised remuneration (DR) schemes are contrived arrangements that use loan payments in place of ordinary remuneration, usually through an offshore trust, with the purpose of avoiding income tax and National Insurance contributions. The loans are provided on terms that mean they are not repaid in practice. HM Revenue and Customs’ (HMRC) position is that they are no different to income, and that they are and have always been taxable.

The Government has heard claims that some individuals were compelled to use DR schemes, but HMRC have not seen cases that support this claim.

View All HM Treasury Written Question