Every parliamentary written question tabled by Tracy Gilbert this session, with the full answer and department. Back to the MP page.
Showing 1–7 of 7 · Treasury
Whether she has made an estimate of the annual income tax collected from people working in the UK with indefinite leave to remain immigration status.
HM Revenue and Customs (HMRC) does not hold data on the immigration status of taxpayers.
Whether she has made an estimate of the annual (a) employees and (b) employers National Insurance contributions collected from people working in the UK with indefinite leave to remain immigration status.
HM Revenue and Customs (HMRC) does not hold data on the immigration status of taxpayers.
What steps her Department is taking to help ensure that crypto asset businesses have access to banking systems.
The Government is aware that cryptoasset firms are facing challenges associated with access to banking services, and it is engaged with the sector on these matters. Whilst the Government recognises that access to banking decisions are largely commercial in nature, we expect business to be treated fairly. That is why the Government has already taken action in this space, including bringing forward legislation to enhance relevant protections in cases where a business has their bank account terminated by their provider. The Government is also currently finalising legislation to create a financial services regulatory regime for cryptoassets in the UK. Under this regime, firms will need to be licensed by the FCA to provide relevant cryptoasset services in or to the UK, and the Government would not expect such licensed firms to be subject to restrictions by banking services providers simply because of the sector they belong to.
What support her Department is providing to SMEs on the changes to employer National Insurance contributions.
The Government has protected the smallest businesses and charities from the impact of the increase to Employer National Insurance by increasing the Employment Allowance from £5,000 to £10,500, which means that 865,000 employers will pay no NICs at all next year, more than half of employers will see no change or will gain overall from this package, and all eligible employers will be able to employ up to four full-time workers on the National Living Wage and pay no employer NICs.Businesses will also still be able to claim employer NICs reliefs including those for under 21s and under 25 apprentices, where eligible.
What funding from ending the VAT exemption on private schools she plans to provide to the Scottish Government.
Ending tax breaks for private schools will raise revenue that can help fund priorities in the state education sector in England. The Barnett formula will be applied in the usual way to any resulting additional funding for UK Government departments provided in devolved areas. The Scottish Government’s block grant funding is growing in real terms in 2025-26 and its spending review settlement for 2025-26 is the largest in real terms of any settlement since devolution. The Scottish Government will receive over 20% more per person than equivalent UK Government spending in the rest of the UK in 2025-26 which translates into over £8.5 billion more.
How the National Wealth Fund will support developing port capacity.
The National Wealth Fund (NWF) will create a step change in our ability to mobilise private capital in the UK’s most important sectors and assets. At least £5.8 billion of the NWF’s additional capital will focus on the five sectors announced in the manifesto: green hydrogen, carbon capture, ports, gigafactories and green steel and will be committed over this Parliament.The NWF is actively engaging across a number of opportunities where financing support for ports could have a catalytic effect on the floating offshore wind market.
Whether she plans to provide additional funding to GPs for the cost of the increase in employers' National Insurance Contributions.
Resource spending for the Department of Health and Social Care is set to increase by £22.6 billion in 2025-26 compared to 2023-24 outturn, providing a real-terms growth rate of 4% for the NHS, the largest since before 2010 excluding Covid-19 years. The Government will support local authority services through a real terms increase in core local government spending power of around 3.2%, including at least £600 million of new grant funding to support social care.The government recognises the need to protect the smallest businesses and charities, which is why we have more than doubled the Employment Allowance to £10,500, meaning more than half of businesses with NICs liabilities either gain or see no change next year. Our tax regime for charities, including exemption from paying business rates, is among the most generous of anywhere in the world with tax reliefs for charities and their donors worth just over £6 billion for the tax year to April 2024.The Budget will provide support for government departments and other public sector employers for additional Employer NICs costs only. Private sector firms or charities including hospices or social care providers that are contracted by central or local Government will not be exempt from these changes. General Practitioners are independent contractors and therefore will not be exempt from these changes.This is consistent with the approach to previous Employer NICs changes, as was the case with the previous Government’s Health and Social Care Levy.DHSC will confirm funding for General Practice for 25/26 as part of the usual GP contract process later in the year, including through consultation with the sector.