Asked by: Danny Beales (Labour - Uxbridge and South Ruislip)
Question to the HM Treasury:
To ask the Chancellor of the Exchequer, how much income HMRC receives annually from charging VAT on medicines donated to patients through compassionate access schemes.
Answered by Dan Tomlinson - Exchequer Secretary (Cabinet Office) (Jointly with HM Treasury)
HMRC does not hold information on the annual revenue from VAT on donated medicines. This is because businesses are not required to provide a breakdown by product in their VAT returns, as this would impose an excessive administrative burden.
I have heard from firms and others that the VAT rules in this area may impact the sector’s ability to donate medicines. On 23 June, I announced that the Government will take forward a new approach to address this issue as soon as possible. The costing for any new tax measure will be provided in the usual way at the next fiscal event.
Asked by: Danny Beales (Labour - Uxbridge and South Ruislip)
Question to the HM Treasury:
To ask the Chancellor of the Exchequer, what assessment she has made of the potential merits of a) making HMRC taxpayer data available to Electoral Registration Officers for the purposes of Automatic Voter Registration, and b) allowing people who update their address with HMRC to update their voter registration automatically at the same time.
Answered by Dan Tomlinson - Exchequer Secretary (Cabinet Office) (Jointly with HM Treasury)
The taxpayer information HM Revenue and Customs (HMRC) holds is subject to a strict statutory duty of confidentiality. HMRC will share taxpayer information however, where there is a lawful basis to do so and to support wider government objectives. In July 2025 the Ministry of Housing, Communities and Local Government (“MHCLG”) published its strategy for modern and secure elections with a focus on the effective and safe sharing of data to improve voter registration. HMRC has been working in collaboration with officials from MHCLG to identify data-enabled opportunities to support their objective of improving voter registration.
Asked by: Danny Beales (Labour - Uxbridge and South Ruislip)
Question to the HM Treasury:
To ask the Chancellor of the Exchequer, if she will make an assessment of the potential merits of raising the upper limit of house prices for which the Lifetime Individual Savings Account can be used without incurring a penalty for people living in (a) Greater London and (b) other regions with high house prices.
Answered by Emma Reynolds - Chief Secretary to the Treasury
While the Government will continue to monitor the situation, it currently remains of the view that the property price cap for the Lifetime ISA is set at an appropriate level to support most first-time buyers across the UK while targeting households that may find it most difficult to get onto the property ladder.
Data from the latest UK House Price Index shows that while the average price paid by first-time buyers has increased, it is still below the LISA property price cap in all regions of the UK.
The Government keeps all aspects of savings tax policy under review.
Asked by: Danny Beales (Labour - Uxbridge and South Ruislip)
Question to the HM Treasury:
To ask the Chancellor of the Exchequer, what assessment she has made of the effectiveness of the upper limit of house prices for which the Lifetime Individual Savings Account can be used without incurring a penalty.
Answered by Emma Reynolds - Chief Secretary to the Treasury
Data from the latest UK House Price Index shows that while the average price paid by first-time buyers has increased, it is still below the LISA property price cap in all regions of the UK except for London, where the average price paid is affected by boroughs with very high property values.
The Government keeps all aspects of savings tax policy under review.
Asked by: Danny Beales (Labour - Uxbridge and South Ruislip)
Question to the HM Treasury:
To ask the Chancellor of the Exchequer, what her planned timetable is for the delivery of the Loan Charge Review.
Answered by James Murray - Financial Secretary to the Treasury and Paymaster General
At Budget, the Government committed to an independent review of the Loan Charge to help bring the matter to a close for those affected whilst ensuring fairness for all taxpayers.
Further details will be set out in due course.
Asked by: Danny Beales (Labour - Uxbridge and South Ruislip)
Question to the HM Treasury:
To ask the Chancellor of the Exchequer, if she will make an assessment of the potential merits of excluding the council Housing Revenue Account from debt-targeted fiscal rules.
Answered by Darren Jones
Councils’ Housing Revenue Accounts are a significant part of local authority and public sector finances, and it would not be right to exclude this activity from our fiscal rules.