Every parliamentary written question tabled by Lee Anderson this session, with the full answer and department. Back to the MP page.
Showing 61–67 of 67 · Treasury
What assessment she has made of the potential impact of increasing the rate of employer national insurance contributions on contractors working inside IR35 via an umbrella company.
Raising the revenue required to fix the public finances and restore economic stability requires difficult decisions on tax, which is why we are asking employers to contribute more. A Tax Information and Impact Note was published alongside the legislation when it was introduced to Parliament.
What steps her Department is taking to help support pubs in Ashfield constituency.
Pubs make an enormous contribution to our economy and society, and this is recognised in the tax system. At the Autumn Budget, the Chancellor cut alcohol duty on qualifying draught products – approximately 60% of the alcoholic drinks sold in pubs. This represents an overall reduction in duty bills of over £85m a year and is equivalent to a 1p duty reduction on a typical pint. This reduction increased the relief available on draught products to 13.9%. The Chancellor also confirmed her intention to introduce permanently lower business rates for high street retail, hospitality, and leisure (RHL) properties, including pubs, from 2026-27, and in the interim extend the current RHL relief for 1-year at 40%, up to a cash cap of £110,000 per business.
If she will make an assessment of the potential merits of introducing a higher tax threshold for pensioners.
The Government is committed to making sure older people can live with the dignity and respect they deserve in retirement. The income tax Personal Allowance will continue to exceed the basic and full new State Pension in 2024-25. This means that pensioners whose sole income is the full new State Pension or basic State Pension without any increments will continue to not pay any income tax.
If her Department will make an estimate of the revenue raised by removing the freeze on fuel duty.
Revenue from fuel duty and associated VAT ensures that the Government can continue to fund the vital public services and infrastructure that people across the UK expect. The Chancellor makes decisions on tax policy at fiscal events. Full forecasts for fuel duty revenue, certified by the Office for Budget Responsibility (OBR), will be published at Budget on 30 October. HMRC regularly publish statistics relating to the direct effects of illustrative tax changes, including fuel duty. The most recent version of this publication can be found on GOV.UK: https://www.gov.uk/government/statistics/direct-effects-of-illustrative-tax-changes.
If she will make an assessment of the potential impact of changes in the level of excise duty on (a) tobacco and (b) alcohol on the (i) illicit and (ii) non-duty paid markets for these products.
The approach used in costings certified by the Office for Budget Responsibility at Spring Budget 2024 does account for behavioural responses to changing excise duty rates, including the impact of illicit and non-duty paid markets.
Whether her Department plans to review the business rates system for pubs.
The government is committed to delivering a fairer business rates system by levelling the playing field between the high street and online giants, better incentivising investment, tackling empty properties and supporting entrepreneurship. Any decisions on future tax policy will be announced by the Chancellor at a fiscal event.
What steps she is taking to protect pension contributions paid into (a) NEST and (b) Government pension schemes against fraud.
This Government is committed to providing better outcomes to members of pension schemes, which includes preventing them from losing their hard-earned savings to fraud. Where there is a transfer of a pension measures are in place that give trustees of all pensions schemes the ability to block or delay the transfer if there are circumstances in the transfer process that indicates there could be a scam involvedNest is independent of Government and operates under the Nest Order which provides the legislative framework. As an authorised Master Trust, Nest is required to operate under broader pensions legislation and the relevant protections that apply. The Trustee has a fiduciary duty to act in the best interests of Nest members and Nest has its own policy and processes in place to ensure members pots are protected.Most statutory Public Service Pension Schemes are unfunded, and there is thus a limited opportunity for the misappropriation of pension contributions or scheme funds. Government departments and scheme administrators responsible for individual Public Service Pension Schemes are required to manage fraud risks, in line with guidance set out in Managing Public Money.