Asked
What assessment her Department has made of the potential impact of restricting the UK CBAM to primary materials on imports of finished steel goods.
Reply
Awaiting answer.
The Westminster lensArchive · Written questions · 58 tabled · 51 answered
Written questions by Bance.
Every parliamentary written question tabled by Antonia Bance this session, with the full answer and department. See how every department answers, or back to the MP page.
Department:All (58)Department for Education (13)Department for Work and Pensions (9)Home Office (7)Department of Health and Social Care (6)Department for Business and Trade (6)Department for Transport (5)Ministry of Housing, Communities and Local Government (5)Department for Science, Innovation and Technology (3)Treasury (2)Department for Energy Security and Net Zero (1)Cabinet Office (1)
Showing 1–2 of 2 · Treasury
Asked
What assessment she has made of the potential impact of charging a 5% surcharge when paying vehicle tax by direct debit on lower income motorists; and whether she has plans to remove this surcharge.
Reply
When Vehicle Excise Duty (VED) is paid monthly or six-monthly, rather than annually, the cost to the exchequer is higher because of lost interest. To reflect this impact on the public finances, the previous government introduced in 2014 an extra charge for monthly and six-monthly VED payments to make up for the lost interest The Government annually reviews the rates and thresholds of taxes and reliefs to ensure that they are appropriate and reflect the current state of the economy. The Chancellor makes decisions on tax policy at fiscal events in the context of the public finances.
Sources
SourceUK Parliament Members API
MethodQuestion and answer text as published. Question preamble (“To ask the…”) trimmed for readability; answers shown in full.