Asked by: Callum Anderson (Labour - Buckingham and Bletchley)
Question to the HM Treasury:
To ask the Chancellor of the Exchequer, what recent assessment her Department has made of the potential impact of sovereign wealth fund partnerships on UK regional growth priorities.
Answered by Lucy Rigby - Economic Secretary (HM Treasury)
Increasing economic growth is a strong priority of this Government and ensuring growth is felt in all regions of the UK is a core part of the Growth Mission. The Government recognises the important role that sovereign wealth fund partnerships can play in supporting this mission.This Government has expanded the Office for Investment (OfI) including pursuing deeper investment collaboration with global sovereign wealth funds (SWFs) in support of our first Modern Industrial Strategy. The OfI manages multi-billion-pound Sovereign and Strategic Investment Partnerships with SWFs and provides a channel for collaboration. The OfI has already facilitated over £30bn in commitments and approximately £20bn in capital deployed from these partners, contributing to growth and prosperity across the country.
Asked by: Saqib Bhatti (Conservative - Meriden and Solihull East)
Question to the HM Treasury:
To ask the Chancellor of the Exchequer, what steps she is taking to ensure that the Autumn Budget 2025 incentivises businesses to invest in (a) job creation and (b) workforce development.
Answered by Dan Tomlinson - Exchequer Secretary (HM Treasury)
Economic growth is the central mission of this government, and we recognise that sustainable growth can only be achieved in partnership with businesses and other stakeholders.
We are providing long-term stability through clear fiscal rules that give firms the confidence to hire and expand. Through the National Wealth Fund, we are unlocking over £70 billion in private investment and creating jobs across key sectors. We are also advancing structural reforms to drive business-led job creation, including a new modern Industrial Strategy, agreeing new trade deals, reforming the UK planning system, and have launched the Backing Your Business plan, which delivers targeted support for small and medium-sized enterprises.
To support workforce development, we are transforming the apprenticeship levy into a more flexible Growth and Skills Levy, enabling employers to fund a wider range of high-quality training, including shorter and foundation apprenticeships and short courses under the Industrial Strategy. Employers are also supported through an NIC exemption for apprentices under 25.
However, we cannot comment in advance on Budget measures.
Asked by: Navendu Mishra (Labour - Stockport)
Question to the HM Treasury:
To ask the Chancellor of the Exchequer, what assessment has been made of the potential impact of the proposed removal of exemptions proposed in the Consultation on Reform of Landfill Tax in England and Northern Ireland, published on 28 April 2025, on (a) housebuilding and (b) development.
Answered by Dan Tomlinson - Exchequer Secretary (HM Treasury)
The Government recently consulted on proposals for reform of Landfill Tax to ensure the regime remains effective in encouraging waste to be diverted away from landfill and to support our environmental goals. As part of the consultation, the Government has received a wide range of views from stakeholders, including representatives from the construction sector. The consultation closed on 28 July, and the government is considering responses and will set out next steps, including a summary of responses, in due course.
This government is committed to delivering 1.5 million homes over 5 years as set out in the Plan for Change, and any final proposals will be designed to maintain the environmental effectiveness of the tax while supporting these plans.
Asked by: Victoria Collins (Liberal Democrat - Harpenden and Berkhamsted)
Question to the HM Treasury:
To ask the Chancellor of the Exchequer, what assessment her Department has made of the potential impact of proposed reforms to Landfill Tax on the (a) viability and (b) cost of (i) residential housebuilding and (ii) major infrastructure projects.
Answered by Dan Tomlinson - Exchequer Secretary (HM Treasury)
The Government recently consulted on proposals for reform of Landfill Tax to ensure the regime remains effective in encouraging waste to be diverted away from landfill and to support our environmental goals. As part of the consultation, the Government has received a wide range of views from stakeholders, including representatives from the construction sector. The consultation closed on 28 July, and the government is considering responses and will set out next steps, including a summary of responses, in due course.
This government is committed to delivering 1.5 million homes over 5 years as set out in the Plan for Change, and any final proposals will be designed to maintain the environmental effectiveness of the tax while supporting these plans.
Asked by: Kevin Hollinrake (Conservative - Thirsk and Malton)
Question to the HM Treasury:
To ask the Chancellor of the Exchequer, what assessment she has made of the potential impact of the proposed reforms of Landfill Tax on the ability to deliver (a) 1.5 million homes and (b) 150 major infrastructure projects over this parliament.
Answered by Dan Tomlinson - Exchequer Secretary (HM Treasury)
The Government recently consulted on proposals for reform of Landfill Tax to ensure the regime remains effective in encouraging waste to be diverted away from landfill and to support our environmental goals. As part of the consultation, the Government has received a wide range of views from stakeholders, including representatives from the construction sector. The consultation closed on 28 July, and the government is considering responses and will set out next steps, including a summary of responses, in due course.
This government is committed to delivering 1.5 million homes over 5 years as set out in the Plan for Change, and any final proposals will be designed to maintain the environmental effectiveness of the tax while supporting these plans.
Asked by: Kevin Hollinrake (Conservative - Thirsk and Malton)
Question to the HM Treasury:
To ask the Chancellor of the Exchequer, what estimate she has made of the cost to housing developers from the proposed reforms of Landfill Tax; and what assessment she has made of the potential impact of this cost on housing delivery.
Answered by Dan Tomlinson - Exchequer Secretary (HM Treasury)
The Government recently consulted on proposals for reform of Landfill Tax to ensure the regime remains effective in encouraging waste to be diverted away from landfill and to support our environmental goals. As part of the consultation, the Government has received a wide range of views from stakeholders, including representatives from the construction sector. The consultation closed on 28 July, and the government is considering responses and will set out next steps, including a summary of responses, in due course.
This government is committed to delivering 1.5 million homes over 5 years as set out in the Plan for Change, and any final proposals will be designed to maintain the environmental effectiveness of the tax while supporting these plans.
Asked by: Kevin Hollinrake (Conservative - Thirsk and Malton)
Question to the HM Treasury:
To ask the Chancellor of the Exchequer, what discussions her Department had with housing developers before publishing the consultation with proposals to reform the Landfill Tax regime.
Answered by Dan Tomlinson - Exchequer Secretary (HM Treasury)
The Government recently consulted on proposals for reform of Landfill Tax to ensure the regime remains effective in encouraging waste to be diverted away from landfill and to support our environmental goals. As part of the consultation, the Government has received a wide range of views from stakeholders, including representatives from the construction sector. The consultation closed on 28 July, and the government is considering responses and will set out next steps, including a summary of responses, in due course.
This government is committed to delivering 1.5 million homes over 5 years as set out in the Plan for Change, and any final proposals will be designed to maintain the environmental effectiveness of the tax while supporting these plans.
Asked by: James Cleverly (Conservative - Braintree)
Question to the HM Treasury:
To ask the Chancellor of the Exchequer, what assessment her Department has made of the potential impact of the planned increases in landfill tax for inert and inactive waste on the cost of the construction of new build homes.
Answered by Dan Tomlinson - Exchequer Secretary (HM Treasury)
The Government recently consulted on proposals for reform of Landfill Tax to ensure the regime remains effective in encouraging waste to be diverted away from landfill and to support our environmental goals. As part of the consultation, the Government has received a wide range of views from stakeholders, including representatives from the construction sector. The consultation closed on 28 July, and the government is considering responses and will set out next steps, including a summary of responses, in due course.
This government is committed to delivering 1.5 million homes over 5 years as set out in the Plan for Change, and any final proposals will be designed to maintain the environmental effectiveness of the tax while supporting these plans.
Asked by: Neil Duncan-Jordan (Independent - Poole)
Question to the HM Treasury:
To ask the Chancellor of the Exchequer, whether she has made an assessment of the potential impact of changes to landfill taxation on house prices.
Answered by Dan Tomlinson - Exchequer Secretary (HM Treasury)
The Government recently consulted on proposals for reform of Landfill Tax to ensure the regime remains effective in encouraging waste to be diverted away from landfill and to support our environmental goals. As part of the consultation, the Government has received a wide range of views from stakeholders, including representatives from the construction sector. The consultation closed on 28 July, and the government is considering responses and will set out next steps, including a summary of responses, in due course.
This government is committed to delivering 1.5 million homes over 5 years as set out in the Plan for Change, and any final proposals will be designed to maintain the environmental effectiveness of the tax while supporting these plans.
Asked by: Blake Stephenson (Conservative - Mid Bedfordshire)
Question to the HM Treasury:
To ask the Chancellor of the Exchequer, if she will make an estimate of the amount of (a) Income Tax and (b) National Insurance contributions paid by holders of dependent visas in the 2024-25 financial year.
Answered by Dan Tomlinson - Exchequer Secretary (HM Treasury)
HM Revenue and Customs (HMRC) does not hold data on the immigration status of taxpayers.