Asked by: Steve Rotheram (Labour - Liverpool, Walton)
Question to the HM Treasury:
To ask Mr Chancellor of the Exchequer, what recent assessment he has made of the potential effect on the economy of the UK leaving the EU.
Answered by David Gauke
As the Chancellor has said, a UK exit from the EU would be a long, costly and messy divorce. The finance Ministers and central bank governors of the G20 concluded at the weekend that a British exit would cause an economic shock not just to the UK but to Europe and the world. What people are asking for in this referendum campaign is a serious, sober and principled assessment from the Government setting out the facts. The Treasury will publish a comprehensive analysis of our membership of a reformed EU and the alternatives, including the long-term economic costs and benefits of EU membership and the risks associated with an exit before 23 June.
Asked by: Steve Rotheram (Labour - Liverpool, Walton)
Question to the HM Treasury:
To ask Mr Chancellor of the Exchequer, what assessment he has made of the potential effect on levels of self-employment in the construction industry of his proposed changes to tax relief for travel and subsistence.
Answered by David Gauke
The changes to tax relief for travel and subsistence only affect those who work through an employment intermediary. The Government’s assessment of the effects of the measure can be found in the Tax Information and Impact Note:
Further assessment can be found in the summary of responses to the consultation document published on this change: https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/483389/Employment_Intermediaries_and_Tax_Relief_for_Travel_and_Subsistence_-_Summary_of_Responses__M7057_.pdf
Asked by: Steve Rotheram (Labour - Liverpool, Walton)
Question to the HM Treasury:
To ask Mr Chancellor of the Exchequer, what estimate he has made of the average annual change in tax relief for a person employed via an employment intermediary as a result of the Government's proposed changes to income tax relief for travel and subsistence.
Answered by David Gauke
I refer the honourable gentleman to the Tax Information and Impact Note published at https://www.gov.uk/government/publications/income-tax-employment-intermediaries-and-relief-for-travel-and-subsistence/income-tax-employment-intermediaries-and-relief-for-travel-and-subsistence.
Asked by: Steve Rotheram (Labour - Liverpool, Walton)
Question to the HM Treasury:
To ask Mr Chancellor of the Exchequer, if he will estimate the number of people who are earning below the lower earnings limit and have more than one employer and do not qualify for national insurance contribution deductions.
Answered by David Gauke
Estimates of the number of individuals who work in more than one job but do not pay national insurance, even though their total earnings are above the lower earnings threshold, are available to view at the following internet address:
Asked by: Steve Rotheram (Labour - Liverpool, Walton)
Question to the HM Treasury:
To ask Mr Chancellor of the Exchequer, with reference to the contribution by the Exchequer Secretary, of 4 December 2014, Official Report, column 518, on the FCA redress scheme, if he will investigate the case of the Flanagan Group in Liverpool, Walton constituency.
Answered by Andrea Leadsom
The Financial Conduct Authority is best placed to consider individual cases. As such, I have recently written to the FCA requesting that the cases raised in the debate on 4 December are considered as part of the wider lessons learnt exercise that the FCA will be undertaking shortly.