Results 1–20 of 4741 for tax credits

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Scottish Parliament: Wealth Gap (23 Feb 2017)

Mark Griffin: ...more concentrated under the Government, and the wealthiest 1 per cent alone own more than the wealth of the bottom 50 per cent. However, this week, the Government has chosen not to use the power to tax the wealthiest 1 per cent with a 50p top rate of tax. The Government’s newest adviser backs a 20 per cent top-up in universal credit. When will the Government choose to use the new...

Scottish Parliament: Oil and Gas Sector Co-investment (23 Feb 2017)

Paul Wheelhouse: ...will be drilled is expected to remain static—although, to be fair, I have heard more encouraging noises from companies that are looking to expand exploration in the near future. There is an exploration tax credit in Norway, which now has around twice as many exploration wells as it had in 2015, so we have seen the benefit of that measure being put in place in that country. To...

Scottish Parliament: Budget (Scotland) Bill: Stage 3 (23 Feb 2017)

Bruce Crawford: Today, we set a budget for Scotland’s health service, education services, emergency services and local councils that contains about £11 billion of commitments supported by money raised from income tax. As the weeks and months turn into years, I am confident that we will witness many more historic days as the Parliament goes from strength to strength. Let us reflect on the...

Local Government Finance (22 Feb 2017)

Bob Neill: ...impossible to build into the system a proper weighting for historically efficient authorities. A local authority that has historically been efficient and run its services well at low cost receives no credit for that. If anything, such authorities tend to be penalised. Bromley, for example, is a comparatively low council tax authority, the second lowest in outer London, but it is also the...

Cerberus Capital Management: Purchase of Distressed Assets (22 Feb 2017)

Peter Dowd: ...the debate about the origin of that crisis, but increasingly it is apparent that it is not simply about the claims, for example, that the last Labour Government “maxed out” on the country’s credit card—a hackneyed claim, if ever there was one, and one that does not go to the heart of why this situation has occurred. The 2008 crisis almost brought down the...

Written Answers — Department for Work and Pensions: Social Security Benefits: Tynemouth (22 Feb 2017)

Caroline Nokes: ...benefit cap continuing to be applied under Housing Benefit and therefore all households affected will be in receipt of Housing Benefit. The benefit cap will increasingly be applied under Universal Credit as it gradually rolls out. Universal Credit will replace Income Support, income-based Jobseeker's Allowance, income-based Employment and Support Allowance and Housing Benefit, along with...

Written Answers — HM Treasury: Self-employed: Welfare Tax Credits (22 Feb 2017)

Steve McCabe: To ask Mr Chancellor of the Exchequer, what assessment he has made of the effect of trends in the level of self-employment on distribution of in-work tax credits.

Scottish Parliament: Social Security (22 Feb 2017)

Jeane Freeman: ...income that is provided to a person as a result of our exercise of the new powers must not be offset by a reduction elsewhere in the UK benefit system. There are two current areas of difficulty. We have committed to abolishing the bedroom tax at source and using our new powers over the housing element of universal credit, which might take some individuals’ benefit level over the...

Criminal Finances Bill: Social Security and Pensions (21 Feb 2017)

Caroline Nokes: ...2011, the basic state pension has risen by £570 a year more than it would had it been uprated by earnings. Work, not welfare, is the best and most sustainable route out of poverty, which is why our tax and welfare reforms are designed to ensure that work pays and that increased earnings are rewarded, rather than penalised. However, we remain committed to supporting people who cannot...

Criminal Finances Bill: Proceedings under this Schedule (21 Feb 2017)

Ben Wallace: ...of almost all forms of serious and organised crime, which directly affects the most vulnerable in society. The Bill will significantly improve our ability to tackle money laundering, corruption, tax evasion and terrorist financing. It is a key part of the Government’s critical work to reduce the flow of dirty money into the City and to cut off the funding streams to the fraudsters,...

Criminal Finances Bill: Failure to Prevent an Economic Criminal Offence (21 Feb 2017)

Rupa Huq: ...dependencies. In conclusion, we could have gone all the way and become the gold standard for other Governments to follow. We could also have dealt with the public disquiet over perceived levels of tax evasion, which the former Prime Minister, to his credit, wanted to tackle. This massive oversight undermines not only the claims made by the former Member for Witney, but citizens in some of...

Government Services (Telecommunication Charges) (21 Feb 2017)

Chris Stephens: ...that all telephone calls to the DWP should be free via 0800 numbers. The Government’s response was that that would cost £7 million, which is not a lot in the context of the overall budget. The roll-out of universal credit threatens to extend call times and costs to claimants due to the nature of the new benefit, which will require frequent contact from claimants to update the...

Scottish Parliament: Scottish Rate Resolution (21 Feb 2017)

Daniel Johnson: I agreed with the member when he intervened earlier and said that differential tax rates were more than plausible within a single economy, but I do not agree with him this time. The reality is that the SNP chooses not to use its tax-raising powers and pursues a line of argument that takes credit for forcing councils to raise their taxes. The SNP talks about extra funding being available from...

Written Answers — HM Treasury: Universal Credit (20 Feb 2017)

Debbie Abrahams: To ask Mr Chancellor of the Exchequer, how many tax credit recipients have been naturally migrated onto universal credit since March 2016.

Oral Answers to Questions — Work and Pensions: Universal Credit (20 Feb 2017)

Virendra Sharma: What estimate his Department has made of the number of households in which a person in work will receive less income in universal credit than they would have received in tax credits.

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