Did you mean said david?
Sajid Javid: HM Revenue and Customs (HMRC) is committed to tackling tax avoidance which seeks to abuse charitable tax reliefs, and works closely with the Charity Commission to ensure that charities are compliant with tax law. HMRC and the Charity Commission for England and Wales have a close working relationship. HMRC uses a statutory gateway to share intelligence and information with the Charity...
Sajid Javid: As specified in the previous answers to PQs on 17 December 2012, Official Report, column 562W, 20 December 2012, Official Report, column 921W, and 7 January 2013, Official Report, column 14W, the decision to remediate interest charges for Northern Rock Asset Management customers with Consumer Credit Act (CCA) regulated loans where the loan documentation is not compliant with CCA...
Sajid Javid: I have been asked to reply on behalf of the Treasury. The Budget announced a new exemption from the climate change levy for energy used in metallurgical and mineralogical processes from 1 April 2014. The Government is currently seeking views from industry on the design and scope of this exemption. This work is led by HM Revenue and Customs, who are working closely with industry in order to...
Sajid Javid: At Budget 2014, the Government announcement that all those retiring with a defined contribution pension pot will be offered free and impartial face-to-face guidance at the point of retirement. The Government have asked the Financial Conduct Authority (FCA), working closely with the Pensions Regulator and the Department for Work and Pensions, to co-ordinate the development of robust standards...
Sajid Javid: With your permission, Mr Benton, I shall speak to both clause 2 and schedule 2. The clause and the associated schedule set out who has responsibility for making public service pension scheme regulations in each sector and jurisdiction. The Government’s view is that the status quo should be kept regarding who is responsible for establishing pension scheme regulations, so the schedule sets...
Sajid Javid: The Chancellor keeps all taxes under review and considers their effects in the round. Air Passenger Duty (APD) is a relatively efficient and non-regressive tax, which makes an important contribution to the public finances. It would not be possible under EU law to have different rates of APD on intra-UK flights than on flights from UK to other EU destinations. The UK currently has excellent...
Sajid Javid: HM Treasury fully complies with EU procurement directives and awards contracts on the basis of the best value for money for the taxpayer. Nevertheless, we have encouraged contractors to commit to paying a living wage and expect all employers to pay at least the national minimum wage. Government has encouraged contractors by publicly expressing support to paying the London living wage where it...
Sajid Javid: The Treasury does not hold records of the number of people who die intestate each year. However, in England and Wales (excluding the Duchies of Lancaster and Cornwall), the Treasury Solicitor administers the estates of deceased who die intestate and without known entitled relatives (known as bona vacantia) on behalf of the Crown. The number of estates that were administered and the amount...
Sajid Javid: Sir Andrew Large's report, commissioned by RBS, is an independent assessment of RBS's performance in providing credit to small and medium enterprises. RBS has committed to implement the Large review recommendations in full. Dr Tomlinson's report—published in a private capacity—focuses on a number of individual cases. The Government is unable to comment on the veracity of the allegations....
Sajid Javid: Today the Government have successfully completed the sale of a second tranche of shares in Lloyds Banking Group. The Chancellor received advice from UK Financial Investments Ltd (UKFI) yesterday that it would be appropriate to begin the process to sell a second part of the Government’s shareholding in Lloyds. Overnight the Government were able to place 7.78% of Lloyds shares with investors...
Sajid Javid: As a rule, insurers use their claims experience and other industry-wide statistics to assess the risks posed by an individual and set the terms and price at which they will offer insurance cover. This can mean that where insurers think it relevant, people who are unemployed are offered more expensive cover or different terms. However, people who are unemployed should still be able to find...
Sajid Javid: Information about the number of complaints received by HM Revenue and Customs is not available in the format requested. Information on the number of complaints received in HMRC Benefits and Credits in each year and month since 2010 is shown in the following tables. Number April 2009 1,800 May 2,000 June 2,200 July 2,200 August 1,800 September 2,000 October...
Sajid Javid: It is difficult to estimate the scale of carbon credit investment fraud in the UK in each of the last three years as these are not regulated products. The Government views carbon credit investment fraud as a serious concern and is tackling the problem through an approach that involves co-ordination across the police, the Financial Conduct Authority (FCA), the Insolvency Service, Trading...
...( Standing Order No. 80A) Mr Chancellor of the Exchequer, supported by the Prime Minister, the Deputy Prime Minister, Secretary Vince Cable, Danny Alexander, Greg Clark, Mr David Gauke and Sajid Javid, presented a Bill to make further provision about banking and other financial services, including provision about the Financial Services Compensation Scheme; to make provision for the amounts...
Lord Bourne of Aberystwyth: My Rt Hon. Friend, the Secretary of State for Communities and Local Government ( Sajid Javid), has todaymade the following Written Ministerial Statement. On 25th July 2017, I appointed the independent Grenfell Recovery Taskforce to support and challenge the Royal Borough of Kensington and Chelsea (RBKC) following the Grenfell Tower disaster. I am grateful for the Taskforce’s work over the...
Sajid Javid: Today the Independent Inquiry into Child Sexual Abuse has published its latest case study report, which can be found at www.iicsa.org.uk. This report relates to the Archdiocese of Birmingham in the Inquiry’s Roman Catholic Church investigation. I pay tribute to the strength and courage of the victims and survivors who have shared their experiences to ensure the Inquiry can deliver its vital...
Sajid Javid: holding answer 13 September 2012 Although HM Treasury is not a delivery Department, and the focus of its role is ensuring that Departments deliver on the Government's objectives and provide value for money in the delivery of services, we do engage with the sector, including in the areas of social finance and, working with HMRC, charity tax. As with all Government Departments HM Treasury is...
Sajid Javid: The Treasury does not hold data on the annual flow of remittances to persons in other countries. The Treasury relies on the Office for National Statistics (ONS) for data on UK transfers. The ONS does not publish separate estimates for remittances as they are not considered to be of sufficient quality. Instead, estimates for remittances are combined with estimates for net transfers from UK...
Sajid Javid: The PRA's approach to supervision, as described in its published Approach documents, is consistent across all firms irrespective of Government ownership. The PRA will undertake risk assessments of the material risks facing the firms it regulates, in line with its statutory objectives. For example, the PRA is complying with the EBA recommendation on Asset Quality Reviews (AQRs) in full. The...
Presentationand First Reading ( Standing Order No. 57) Mrs Secretary May, supported by the Prime Minister, Mr Chancellor of the Exchequer, Secretary Sajid Javid, Mr Secretary Duncan Smith, Mr Secretary Clark, Secretary Nicky Morgan, Mr Secretary McLoughlin, Matthew Hancock and James Brokenshire, presented a Bill to make provision about the law on immigration and asylum; to make provision...