Asked by: Rebecca Long Bailey (Labour - Salford and Eccles)
Question to the HM Treasury:
To ask the Mr Chancellor of the Exchequer, pursuant to answer of 13 December 2017 to Question 117659 on Electric Vehicles: Finance, what the timetable is for the Charging Infrastructure Investment Fund to be in operation.
Answered by Robert Jenrick
Following the announcement of this fund at Autumn Budget, the Government has been engaging extensively with the private sector to ensure that it is set up in the most effective way. This includes holding meetings with over 80 stakeholders.
We expect to launch the procurement for the private sector fund manager shortly. Once a preferred fund manager is nominated and the legal documents agreed, the fund will be formally launched and start investing. Further details on the fund will be included in the forthcoming zero emission road transport strategy.
Asked by: Rebecca Long Bailey (Labour - Salford and Eccles)
Question to the HM Treasury:
To ask the Chancellor of the Exchequer, with reference to page 145 of the Industrial Strategy, when he expects the Charging Infrastructure Investment Fund to be in operation.
Answered by Andrew Jones
Following the announcement of the Fund at Autumn Budget, the Government is already engaging with the private sector to ensure that it is set up in the most effective way. Further details will be announced in due course.
Asked by: Rebecca Long Bailey (Labour - Salford and Eccles)
Question to the HM Treasury:
To ask Mr Chancellor of the Exchequer, with reference to page 69 of Industrial Strategy: Building a Britain fit for the future, when the Government plans to launch the campaign to raise awareness of R&D tax credits.
Answered by Mel Stride - Secretary of State for Work and Pensions
As announced at Autumn Budget and in the Industrial Strategy the government will work with small and medium sized businesses, and those developing new and emerging technologies, to ensure that they can access the maximum amount of support from R&D tax credits, and will launch a campaign to raise awareness in these sectors. We will work with stakeholders and across government to develop and deliver this campaign by April 2018.
Asked by: Rebecca Long Bailey (Labour - Salford and Eccles)
Question to the HM Treasury:
To ask Mr Chancellor of the Exchequer, with reference to page 69 of the Industrial Strategy, when he plans to introduce an advanced clearance service for R&D expenditure credit claims.
Answered by Mel Stride - Secretary of State for Work and Pensions
As announced at Autumn Budget and in the Industrial Strategy, the government will introduce an Advanced Clearance Service for R&D Expenditure Credit claims. The Advanced Clearance Service will be introduced following a pilot program with selected businesses. The pilot will start shortly.
Asked by: Rebecca Long Bailey (Labour - Salford and Eccles)
Question to the HM Treasury:
To ask Mr Chancellor of the Exchequer, with reference to line 21 of table 2.1 of Autumn Budget 2017, from which allocation of capital spend the £7 billion in year 2022-23 has been re-allocated
Answered by Elizabeth Truss
At the recent Budget we extended the National Productivity Investment Fund for an extra year and increased it from £23bn to £31bn
The extension into 2022/2023 by £7 billion reflects Government’s sustained commitment to addressing our productivity challenges, by providing additional investment into areas that are critical for boosting productivity: transport, digital communications, R&D and housing.
Funding in 2022/23 is not reallocated from an existing allocation of capital spend.
Asked by: Rebecca Long Bailey (Labour - Salford and Eccles)
Question to the HM Treasury:
To ask Mr Chancellor of the Exchequer, with reference to line 21 of table 2.1 of Autumn Budget 2017, from which allocation of capital spend the £7 billion in year 2022-23 has been re-allocated.
Answered by Elizabeth Truss
At the recent Budget we extended the National Productivity Investment Fund for an extra year and increased it from £23bn to £31bn
The extension into 2022/2023 by £7 billion reflects Government’s sustained commitment to addressing our productivity challenges, by providing additional investment into areas that are critical for boosting productivity: transport, digital communications, R&D and housing.
Funding in 2022/23 is not reallocated from an existing allocation of capital spend.
Asked by: Rebecca Long Bailey (Labour - Salford and Eccles)
Question to the HM Treasury:
To ask Mr Chancellor of the Exchequer, whether the Government has made any recent revisions to the UK's Productivity Plan.
Answered by Andrew Jones
The government continues to believe that raising productivity is the best route to driving growth and raising long run living standards, as set out in “Fixing the foundations: Creating a more prosperous nation” - a plan for productivity growth in the UK. The government has since taken further steps, including the establishment of a National Productivity Investment Fund targeted at the productivity-critical areas of transport, R&D, housing and digital communications. It is also making sure that young people have the skills that British businesses need through the reform of the technical education system and the introduction of T-levels.
Asked by: Rebecca Long Bailey (Labour - Salford and Eccles)
Question to the HM Treasury:
To ask Mr Chancellor of the Exchequer, how many (a) people and (b) businesses have received disadvantaged area relief from Stamp Duty Land Tax in (i) 2013-14 and (ii) 2014-15.
Answered by Jane Ellison
The information requested is presented in the table below.
Financial Year |
| Compulsory purchase facilitating development relief | Reconstruction relief | Part exchange relief | Disadvantaged area relief |
2013-14 | Individuals | - | - | - | 800 |
Businesses | 100 | 100 | 1600* | 100 | |
2014-15 | Individuals | - | - | - | 100 |
Businesses | 100 | 100 | 900* | - |
All figures provided are rounded to the nearest hundred.
* These statistics are upper estimates.
Dashes (“-“) indicate where the information cannot be provided due to the small numbers involved. Providing this information would risk breaching HM Revenue and Customs’ taxpayer confidentiality principles.
Asked by: Rebecca Long Bailey (Labour - Salford and Eccles)
Question to the HM Treasury:
To ask Mr Chancellor of the Exchequer, how many (a) people and (b) businesses have received part exchange relief from Stamp Duty Land Tax in (i) 2013-14 and (ii) 2014-15.
Answered by Jane Ellison
The information requested is presented in the table below.
Financial Year |
| Compulsory purchase facilitating development relief | Reconstruction relief | Part exchange relief | Disadvantaged area relief |
2013-14 | Individuals | - | - | - | 800 |
Businesses | 100 | 100 | 1600* | 100 | |
2014-15 | Individuals | - | - | - | 100 |
Businesses | 100 | 100 | 900* | - |
All figures provided are rounded to the nearest hundred.
* These statistics are upper estimates.
Dashes (“-“) indicate where the information cannot be provided due to the small numbers involved. Providing this information would risk breaching HM Revenue and Customs’ taxpayer confidentiality principles.
Asked by: Rebecca Long Bailey (Labour - Salford and Eccles)
Question to the HM Treasury:
To ask Mr Chancellor of the Exchequer, how many (a) people and (b) businesses have received reconstruction relief from Stamp Duty Land Tax in (i) 2013-14 and (ii) 2014-15.
Answered by Jane Ellison
The information requested is presented in the table below.
Financial Year |
| Compulsory purchase facilitating development relief | Reconstruction relief | Part exchange relief | Disadvantaged area relief |
2013-14 | Individuals | - | - | - | 800 |
Businesses | 100 | 100 | 1600* | 100 | |
2014-15 | Individuals | - | - | - | 100 |
Businesses | 100 | 100 | 900* | - |
All figures provided are rounded to the nearest hundred.
* These statistics are upper estimates.
Dashes (“-“) indicate where the information cannot be provided due to the small numbers involved. Providing this information would risk breaching HM Revenue and Customs’ taxpayer confidentiality principles.