Asked by: Gary Streeter (Conservative - South West Devon)
Question to the HM Treasury:
To ask Mr Chancellor of the Exchequer, what plans he has to make changes to the criteria for enhanced annuity on the grounds of ill health.
Answered by Steve Barclay
The criteria for enhanced annuities on the grounds of ill health are set by individual pension providers in the terms and conditions of individual policies. Consumers should check with pension providers whether they are eligible for an enhanced annuity. As the Financial Conduct Authority’s recently published Retirement Outcomes Review interim report noted, over 90% of all enhanced annuities are purchased on the open market and consumers should shop around for the best possible deal.
Asked by: Gary Streeter (Conservative - South West Devon)
Question to the HM Treasury:
To ask Mr Chancellor of the Exchequer, when his Department last conducted a review of the Alternative Fuels Framework.
Answered by Damian Hinds
The Alternative Fuels Framework (AFF) was set out at Pre-Budget Report 2003, and focused on carbon emissions. Based on the evidence available at the time on Liquefied Petroleum Gas (LPG), the AFF found LPG to result in greater natural environmental damage compared to other road fuel gases. It was determined that the environmental case for LPG was poorer than diesel and so its duty differential should be reduce over time.
The government continues to review evidence concerning the environmental impact of LPG and will announce any changes to the tax treatment at fiscal events.
Asked by: Gary Streeter (Conservative - South West Devon)
Question to the HM Treasury:
To ask Mr Chancellor of the Exchequer, which transport emissions are factored into the assessment of fuels within the Alternative Fuels Framework.
Answered by Damian Hinds
The Alternative Fuels Framework (AFF) was set out at Pre-Budget Report 2003, and focused on carbon emissions. Based on the evidence available at the time on Liquefied Petroleum Gas (LPG), the AFF found LPG to result in greater natural environmental damage compared to other road fuel gases. It was determined that the environmental case for LPG was poorer than diesel and so its duty differential should be reduce over time.
The government continues to review evidence concerning the environmental impact of LPG and will announce any changes to the tax treatment at fiscal events.
Asked by: Gary Streeter (Conservative - South West Devon)
Question to the HM Treasury:
To ask Mr Chancellor of the Exchequer, if he will publish the latest assessment of liquefied petroleum gas within the Alternative Fuels Framework.
Answered by Damian Hinds
The Alternative Fuels Framework (AFF) was set out at Pre-Budget Report 2003, and focused on carbon emissions. Based on the evidence available at the time on Liquefied Petroleum Gas (LPG), the AFF found LPG to result in greater natural environmental damage compared to other road fuel gases. It was determined that the environmental case for LPG was poorer than diesel and so its duty differential should be reduce over time.
The government continues to review evidence concerning the environmental impact of LPG and will announce any changes to the tax treatment at fiscal events.