Asked by: Andrew Bridgen (Independent - North West Leicestershire)
Question to the HM Treasury:
To ask Mr Chancellor of the Exchequer, if he will introduce an interim threshold in the VAT rules on digital supplies for micro-businesses.
Answered by Jane Ellison
While we remain in the EU our rights and obligations as a Member State apply and as such we cannot introduce laws that conflict with existing EU law.
The UK government has pushed for change and the European Commission has confirmed proposals expected by the end of this year will include a VAT threshold in order to help small start-up e-commerce businesses.
Asked by: Andrew Bridgen (Independent - North West Leicestershire)
Question to the HM Treasury:
To ask Mr Chancellor of the Exchequer, which economists advised the Government on the short-term economic effects of the UK voting to leave the EU; and which of those economists forecast that there would be a reduction in UK GDP in any quarter of 2016.
Answered by David Gauke
HM Treasury’s published analysis of the immediate economic impact of a vote to leave the EU benefitted from a review by Professor Sir
Charles Bean, former Deputy Governor of the Bank of England, acting in a personal capacity as an academic consultant to HM Treasury. However, all contents and conclusions from the analysis are the responsibility of HM Treasury.
Asked by: Andrew Bridgen (Independent - North West Leicestershire)
Question to the HM Treasury:
To ask Mr Chancellor of the Exchequer, what estimate his Department has made of the proportion of economic growth generated as a direct result of immigration in the last five years; and what estimate he has made of the effect of immigration on the rate of economic growth in the next five years.
Answered by Harriett Baldwin
Analysis undertaken by the independent Migration Advisory Committee in 2012 shows that higher levels of net migration will, all else equal, increase the growth rate of the potential labour supply and therefore the rate of growth of overall GDP.
Asked by: Andrew Bridgen (Independent - North West Leicestershire)
Question to the HM Treasury:
To ask Mr Chancellor of the Exchequer, if he will estimate the number of child benefit claims made for children living in each other EU member state in each of the last 10 years; and what the estimated cost to the public was of such claims.
Answered by Damian Hinds - Minister of State (Education)
Around 7m people are receiving Child Benefit. To extract and collate the value of all payments made to EU migrants for children living outside the UK in the format requested could only be provided at disproportionate cost.
Information relating to the number of Child Benefit claims paid to families with children living overseas is available in the Government publication , “The best of both worlds: the United Kingdom's special status in a reformed European Union”. This publication is available on Gov.uk
The Government’s new settlement between the UK and the EU means that EU nationals whose children live abroad will ultimately receive Child Benefit at a rate that reflects the conditions – including the standard of living and child benefit paid – of the country where their child lives. This will restore fairness to the system.