Asked by: Wayne David (Labour - Caerphilly)
Question to the HM Treasury:
To ask the Chancellor of the Exchequer, what assessment his Department has made of the potential effect of the proposed alcohol duty system announced in the Budget on 2 November 2021 on the trend of increased liver deaths in the UK.
Answered by Helen Whately - Shadow Secretary of State for Work and Pensions
The Government intends to move to a new system that taxes all products in reference to their alcohol content for the first time. This will help to target problem drinking by taxing higher-strength products a higher rate of duty.
The Government is continuing to engage with interested stakeholders, including public health professionals, on these reforms. A consultation ran from 27 October 2021 to 30 January 2022, and the Government is now in the process of analysing responses. A tax information and impact note will be published following the consultation when the policy is final, or near final, in the usual way.
Asked by: Wayne David (Labour - Caerphilly)
Question to the HM Treasury:
To ask the Chancellor of the Exchequer, when he plans to publish the comprehensive spending review.
Answered by Steve Barclay
As the Chancellor confirmed in July, the 2020 Comprehensive Spending Review will be published in the autumn. Further detail will be set out in due course.
Asked by: Wayne David (Labour - Caerphilly)
Question to the HM Treasury:
To ask the Chancellor of the Exchequer, whether he will extend support provided under the Self-Employment Support Scheme to the end of June 2020.
Answered by Jesse Norman - Shadow Leader of the House of Commons
The Chancellor indicated that the Self-Employment Income Support Scheme would be temporary when he announced it at the end of March, and that it could be extended if necessary. The Government is keeping this under review.
Asked by: Wayne David (Labour - Caerphilly)
Question to the HM Treasury:
To ask Mr Chancellor of the Exchequer, what discussions his Department has had with representatives of private landlords on the effect on private sector landlords of section 24 of the Finance (No. 2) Act 2015.
Answered by Mel Stride - Shadow Chancellor of the Exchequer
HMRC estimate that only 1 in 5 landlords will pay more tax as a result of this measure. Landlords can still claim income tax relief on their finance costs at the basic rate, and receive relief at their marginal rate of tax on the day-to-day running costs incurred in letting out a property.
Ministers hold regular meetings with external stakeholders to discuss a wide variety of issues, including property tax.
Asked by: Wayne David (Labour - Caerphilly)
Question to the HM Treasury:
To ask Mr Chancellor of the Exchequer, what assessment he has made of the effect of section 24 of the Finance (No. 2) Act 2015 on private landlords.
Answered by Mel Stride - Shadow Chancellor of the Exchequer
HMRC estimate that only 1 in 5 landlords will pay more tax as a result of this measure. Landlords can still claim income tax relief on their finance costs at the basic rate, and receive relief at their marginal rate of tax on the day-to-day running costs incurred in letting out a property.
Ministers hold regular meetings with external stakeholders to discuss a wide variety of issues, including property tax.