Speech in Commons Chamber - Tue 28 Feb 2017
Oral Answers to Questions
"T5. In the past year international tourist rates and spend grew faster in the south-west than in London, and the south-west also attracted more domestic tourists than any other region. Given the Mayor of London’s plans for a hotel levy, will the Chancellor look again at cutting the rate of …..."David Warburton - View Speech
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Written Question
Wednesday 30th November 2016
Asked by:
David Warburton (Independent - Somerton and Frome)
Question
to the HM Treasury:
To ask Mr Chancellor of the Exchequer, what assessment his Department has made of the effect on applications of appeals processes for commercial banking overdraft refusals being conducted by the same bank which originally refused the application; and what assessment his Department has made of the potential merits of (a) changing that process and (b) taking steps to make the process more transparent.
Answered by Simon Kirby
The Treasury has not made an assessment of the effect on applications in the Appeals Process for SME lending being conducted by the same bank which originally refused the application.
The Appeals Process is a voluntary initiative by the major banks and is overseen by Professor Russel Griggs, the Independent External Reviewer to the process. Since 2011, over 17,000 appeals have been made of which 32% have led to overturned decisions. It is estimated that the Appeals process has put back around £100m of lending into the economy since its inception. Professor Griggs publishes regular reports on the Appeals Process, looking at both implementation and outcomes. The latest report can be found at:
http://betterbusinessfinance.co.uk/images/pdfs/Annual_Report_2016_(Year_5)_Final.pdf
Speech in Public Bill Committees - Tue 18 Oct 2016
Small Charitable Donations and Childcare Payments Bill
"Given that the Government have not included SMS or internet donations in the Bill, can the Minister tell us what the Government are doing to help the charities that benefit more from those kinds of donations?..."David Warburton - View Speech
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Speech in Commons Chamber - Tue 11 Oct 2016
Small Charitable Donations and Childcare Payments Bill
"It is a pleasure to support a Bill that, although pretty straightforward and simple in outlook, as we have heard, is likely to have a significant impact on the small groups and charities that need it most.
In my constituency in Somerset, the uniquely spectacular levels of community spirit and …..."David Warburton - View Speech
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Speech in Commons Chamber - Mon 11 Apr 2016
Finance (No. 2) Bill
"This Finance Bill will go a long way to ensuring that there is no thumb on the scales that balance the interests of small businesses and multinational companies. In that sense, it is a Budget of direct redistribution, but there are ways of extending that principle further. The £9 billion …..."David Warburton - View Speech
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Written Question
Monday 22nd February 2016
Asked by:
David Warburton (Independent - Somerton and Frome)
Question
to the HM Treasury:
To ask Mr Chancellor of the Exchequer, whether he has conducted an impact assessment of (a) the proposed changes to the dividend tax system and (b) other measures in the Finance Bill 2016 on lower-earning micro-business owners.
Answered by David Gauke
At the Summer Budget 2015 the Chancellor announced that the dividend tax credit will be replaced by a new £5,000 tax-free dividend allowance from April 2016. A Tax Information and Impact Note setting out expected impacts was published on 9 December on GOV.UK. Impact assessments have been produced for all measures in the Finance Bill 2016.
Speech in Commons Chamber - Mon 13 Jul 2015
Budget Resolutions and Economic Situation
"May I say what an extraordinary privilege it is not only to speak for the first time in this House, but to follow so many eloquent, lucid and persuasive maiden speeches over the past few weeks? They all make my job a lot more difficult.
My predecessor, David Heath, is …..."David Warburton - View Speech
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