Asked by: Chris Coghlan (Liberal Democrat - Dorking and Horley)
Question to the HM Treasury:
To ask the Chancellor of the Exchequer, pursuant to the Answer of 1 April to Question 4096, what assessment she has made of the potential implications for her policies of the Financial Conduct Authority’s response to the Financial Regulators Complaints Commissioner's final report, published on 11 March 2025 stating that compensatory payment to the customers of Safe Hands Plans Limited will not be offered.
Answered by Emma Reynolds - Economic Secretary (HM Treasury)
I refer the honorable member to my response to UIN 40961.
Asked by: Chris Coghlan (Liberal Democrat - Dorking and Horley)
Question to the HM Treasury:
To ask the Chancellor of the Exchequer, if she will make an assessment of the potential merits of expensing intellectual property transactions.
Answered by James Murray - Exchequer Secretary (HM Treasury)
The UK’s Intangible Fixed Asset (IFA) regime offers generous and internationally competitive relief for acquired intangible assets like trademarks and licences. In addition, UK businesses can benefit from the biggest tax treaty network in the OECD – which make the UK an attractive jurisdiction for holding IFAs.
The government committed to maintain the regime’s current competitive approach in the Corporation Tax Roadmap.
Asked by: Chris Coghlan (Liberal Democrat - Dorking and Horley)
Question to the HM Treasury:
To ask the Chancellor of the Exchequer, what steps she plans to take to reduce gilt rates.
Answered by Emma Reynolds - Economic Secretary (HM Treasury)
The government issues debt to the market, and the price of government debt is determined by the market.
The government does not comment on specific financial market movements. Gilt yields are determined by a wide range of international and domestic factors, and it is normal for the yields of gilts to fluctuate when there are wider movements in the global financial markets.