Asked by: Gordon Henderson (Conservative - Sittingbourne and Sheppey)
Question to the HM Treasury:
To ask Mr Chancellor of the Exchequer, whether the Government plans to encourage high street banks to offer the Lifetime ISA.
Answered by Jane Ellison
Ultimately, the decision to offer the Lifetime ISA is for individual providers to make.
The Government anticipates that the market will continue to grow over the course of the year as providers put their systems in place and develop their products.
Asked by: Gordon Henderson (Conservative - Sittingbourne and Sheppey)
Question to the HM Treasury:
To ask Mr Chancellor of the Exchequer, what steps he is taking to reduce the amount of correspondence not yet dealt with at the HM Revenue and Customs Stamp Duty office.
Answered by David Gauke
This Government invested in HM Revenue and Customs’ (HMRC) Stamp Taxes business unit at Budget 2016 to increase capacity in relation to the new higher rates of Stamp Duty Land Tax on additional properties.
In order to reduce volumes of correspondence HMRC is reviewing guidance to cover those areas where substantial correspondence has been generated.
Additional resources have been put into call handling at HMRC’s Stamp Taxes helpline, providing an improved customer service and aiming to reduce follow-up correspondence.