Asked by: Gregory Campbell (Democratic Unionist Party - East Londonderry)
Question to the HM Treasury:
To ask the Chancellor of the Exchequer, pursuant to the answer of 4 December 2025 to WPQ 95612, whether the (a) new style and (b) old style State Pension payable in 2027 where both categories have a gross income of £13,000 as a result of the old style pension recipient having a small personal pension will be precluded from paying income tax.
Answered by Torsten Bell - Parliamentary Secretary (HM Treasury)
As I set out in my answer to WPQ 95612, the Chancellor has said that over this Parliament those whose only income is the basic or new State Pension without any increments will not have to pay income tax.
The government will set out more details next year.
Asked by: Gregory Campbell (Democratic Unionist Party - East Londonderry)
Question to the HM Treasury:
To ask the Chancellor of the Exchequer, approximately how many people have become tax payers since the £12,570 personal allowance was frozen in 2022.
Answered by Dan Tomlinson - Exchequer Secretary (HM Treasury)
The number of people forecast to pay tax by marginal rate can be found in Table 3.19 in the OBR’s November 2025 Economic and fiscal outlook – detailed forecast tables: receipts, linked below:
Asked by: Gregory Campbell (Democratic Unionist Party - East Londonderry)
Question to the HM Treasury:
To ask the Chancellor of the Exchequer, what estimate she has made of the difference in annual net income during 2027 for people whose total gross income is £13,000 composed of (a) only the new State Pension, and (b) a basic State Pension plus a personal pension.
Answered by Torsten Bell - Parliamentary Secretary (HM Treasury)
As the Chancellor has said, over this Parliament those whose only income is the basic or new State Pension without any increments will not have to pay income tax.
As announced at the Budget, the government will ease the administrative burden for pensioners whose sole income is the basic or new State Pension without any increments so that they do not have to pay small amounts of tax via Simple Assessment from 2027-28.
The government will set out more detail next year.
Asked by: Gregory Campbell (Democratic Unionist Party - East Londonderry)
Question to the HM Treasury:
To ask the Chancellor of the Exchequer, with reference to the Budget announcement on EV vehicle drivers and pay per mile charge, what discussions she will have with the Irish Republic authorities regarding those Irish based EV drivers who regularly use Northern Ireland roads but will not face the same charge.
Answered by Dan Tomlinson - Exchequer Secretary (HM Treasury)
As announced at Budget 2025, the Government is introducing Electric Vehicle Excise Duty (eVED) from April 2028, a new mileage charge for electric and plug-in hybrid cars, recognising that EVs (electric vehicles) contribute to congestion and wear and tear on the roads but pay no equivalent to fuel duty. As with VED, eVED will apply to UK-registered vehicles; non-UK registered vehicles will be required to register for eVED after a period of six months in the UK.
The Government has ruled out charging tax based on when or where people drive to protect motorists’ privacy. This means non-UK mileage driven by UK registered cars will fall into scope of eVED, as with fuel duty, which does not vary by basis of where a car is driven.
The vast majority of eVED will be paid on travel in the UK; there were an estimated 225 billion car miles in Great Britain in 2024, and over 9 billion miles travelled by car in Northern Ireland in 2023.
The government has published a consultation on GOV.UK, which provides further detail on how eVED is intended to work and seeks views on its implementation, and can be found here: https://assets.publishing.service.gov.uk/media/69282ac1a245b0985f034197/eVED_Consultation.pdf
Asked by: Gregory Campbell (Democratic Unionist Party - East Londonderry)
Question to the HM Treasury:
To ask the Chancellor of the Exchequer, how will the recently announced pay per mile charge for EV drivers affect those Northern Ireland based drivers whose work and residence near the border means much of their annual travel is done in the Irish Republic.
Answered by Dan Tomlinson - Exchequer Secretary (HM Treasury)
As announced at Budget 2025, the Government is introducing Electric Vehicle Excise Duty (eVED) from April 2028, a new mileage charge for electric and plug-in hybrid cars, recognising that EVs (electric vehicles) contribute to congestion and wear and tear on the roads but pay no equivalent to fuel duty. As with VED, eVED will apply to UK-registered vehicles; non-UK registered vehicles will be required to register for eVED after a period of six months in the UK.
The Government has ruled out charging tax based on when or where people drive to protect motorists’ privacy. This means non-UK mileage driven by UK registered cars will fall into scope of eVED, as with fuel duty, which does not vary by basis of where a car is driven.
The vast majority of eVED will be paid on travel in the UK; there were an estimated 225 billion car miles in Great Britain in 2024, and over 9 billion miles travelled by car in Northern Ireland in 2023.
The government has published a consultation on GOV.UK, which provides further detail on how eVED is intended to work and seeks views on its implementation, and can be found here: https://assets.publishing.service.gov.uk/media/69282ac1a245b0985f034197/eVED_Consultation.pdf
Asked by: Gregory Campbell (Democratic Unionist Party - East Londonderry)
Question to the HM Treasury:
To ask the Chancellor of the Exchequer, pursuant to WPQ 91913, did the dedicated director of the National Wealth Fund based in Northern Ireland meet with the Northern Ireland Executive (a) once, or (b) more than once, since December 2024.
Answered by James Murray - Chief Secretary to the Treasury
Pursuant to WPQ 91913, in 2025 the National Wealth Fund’s Regional Director for Northern Ireland has met with the Northern Ireland Executive more than once to discuss investment opportunities.
Asked by: Gregory Campbell (Democratic Unionist Party - East Londonderry)
Question to the HM Treasury:
To ask the Chancellor of the Exchequer, when she expects to receive the report on Mutuals from the Financial Conduct Authority and Prudential Regulation Authority.
Answered by Lucy Rigby - Economic Secretary (HM Treasury)
In line with the government’s manifesto commitment to double the size of the co-operative and mutuals sector, the Chancellor announced measures to support the sector at Mansion House 2024. This included asking the Prudential Regulation Authority (PRA) and Financial Conduct Authority (FCA) to prepare a report on the mutuals landscape, to ensure that regulation for all mutuals remains proportionate and enables growth.
The report is expected to be published by the regulators before the end of 2025.
Asked by: Gregory Campbell (Democratic Unionist Party - East Londonderry)
Question to the HM Treasury:
To ask the Chancellor of the Exchequer, what steps are being taken to inform young adults whose matured Child Trust Fund monies have not been claimed.
Answered by Lucy Rigby - Economic Secretary (HM Treasury)
The Government is committed to reuniting all young adults with their Child Trust Funds (CTF). HMRC works with CTF providers, industry representatives and others to enable account owners to be aware of and trace their accounts.
For example, HMRC has partnered with the University and Colleges Admissions Service to encourage awareness among student peer groups. HMRC issues a range of communications such as the recent press release published on Gov.uk - www.gov.uk/government/news/savings-stash-worth-thousands-waiting-for-758000-young-people.
HMRC also provides a free tracing tool on Gov.uk to help people find their CTF provider (www.gov.uk/child-trust-funds/find-a-child-trust-fund) and has also provided a link to The Share Foundation’s CTF account tracing service on Gov.uk, providing an additional way for young people to trace their accounts.
Asked by: Gregory Campbell (Democratic Unionist Party - East Londonderry)
Question to the HM Treasury:
To ask the Chancellor of the Exchequer, what change in the number of people paying income tax at 40% does she estimate will take place between 2023 and 2028.
Answered by Dan Tomlinson - Exchequer Secretary (HM Treasury)
The number of people forecast to pay tax by marginal rate from 2023-24 to 2028-29 can be found in Table 3.19 in the OBR’s November 2025 Economic and fiscal outlook – detailed forecast tables: receipts, linked below:
The previous Government made the decision to maintain income tax thresholds at their current levels from April 2021 until April 2028.
Asked by: Gregory Campbell (Democratic Unionist Party - East Londonderry)
Question to the HM Treasury:
To ask the Chancellor of the Exchequer, on how many occasions has a Director for Northern Ireland of the National Wealth Fund met with the NI Executive in the past twelve months to discuss how the fund can help promote economic growth in Northern Ireland.
Answered by James Murray - Chief Secretary to the Treasury
The National Wealth Fund works collaboratively with the Northern Ireland Executive to identify investment opportunities in Northern Ireland. It has a dedicated director based in Northern Ireland and opened a Belfast office in December 2024.