Department for Transport written question – answered at on 24 May 2021.
To ask the Secretary of State for Transport, how much revenue has been received by the Exchequer in tax receipts by Hitachi Rail UK Ltd in each of the last five years; and how much funding the Government has given to Hitachi Rail UK in (a) payments, (b) grants, (c) loans and (d) other financial transactions over that time period.
Hitachi is part of the wider UK rail supply chain. Typically, we do not make direct payments for the trains because they are procured by the private sector rolling stock companies or, in the case of the Intercity Express Programme (IEP), Agility Trains. The Department for Transport IEP contract with Agility (noting that Hitachi is a shareholder) is a £5.7billion contract for procurement, design, manufacture, delivery, offering into passenger service and subsequence maintenance. Although much of it does, not of all of the IEP contract costs relate to Hitachi directly.
With regard to tax receipts, the administration of the tax system is a matter for HM Revenue and Customs (HMRC). HMRC does not disclose details of the tax affairs of particular taxpayers.
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