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17 Jul 2002 : Column 337W
John Healey: Customs have today issued a consultation document entitled "Easing the Impact of VAT on Business: Consultation on the Delayed Accounting for VAT at Import Scheme (DAVIS)". Copies have been placed in the Library of the House. Responses to the consultation are invited by 31 October 2002.
The Fourth Council Directive 78/660/EC, the Seventh Council Directive 83/349/EEC, Directive 86/635/EEC and directive 91/674/EEC set out the requirements in respect of the preparation of annual and consolidated accounts of companies, banks and insurance undertakings. On 3 June 2002, the European Commission issued a draft directive designed to modernise the first three of these directives; negotiations commenced this month.
The European Regulation on International Accounting Standards was adopted on 7 June 2002. It requires companies admitted to trading on regulated markets in the EU to prepare their consolidated accounts on the basis of accounting standards issued by the International Accounting Standards Board, from January 2005. The regulation gives member states the option to extend its application to other companies; the Government intend to consult on this in due course.
Mr. Forth: To ask the Chancellor of the Exchequer if he will list the appointments made by his Department since 1 May 1997 of chairmen of (a) non-departmental public bodies, (b) commissions, (c) inquiries, (d) agencies and (e) taskforces; and if he will list their (i) term of office, (ii) salary and (iii) known political affiliation (A) past and (B) present. 
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(e) Information on the number, remit and membership of taskforces, ad hoc advisory groups and reviews has been published by the Cabinet Office on a regular basis. The first report was published on 11 January 2000 and gives information for the period between 1 May 1997 to 31 October 1999.
A second report was published on 27 July 2000, and covered the period 1 November 1999 to 30 April 2000. A third report was published on 27 December 2000 covering the period 1 May 2000 to 31 October 2000. The most recent report: "Taskforces, Ad Hoc Advisory Groups and Reviews", which was issued in October 2001, covers the period of the financial year 200001. Copies of these reports are available in the Library.
Derek Wanless' report"Securing Our Future Health: Taking a Long-Term View", published on 17 April 2002;
Ron Sandler's report on his "Review of Retail Savings", published on 9 July 2002.
Tony Cunningham: To ask the Chancellor of the Exchequer when he will reply to letters from the hon. Member for Workington concerning correspondence from Mr. Proctor, a Cockermouth constituent. 
Mr. Hood: To ask the Chancellor of the Exchequer what the outcome was of the ECOFIN Council held on 12 July; what the Government's stance was on each issue discussed, including its voting record; and if he will make a statement. 
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I stressed that we could consider some of the proposed targeted measures based on existing directive but could not accept harmonisation of the corporate tax base or rate. The Presidency asked the Commission to take forward further work, concentrating on the proposed short term targeted measures.
ECOFIN adopted conclusions on financial services, agreeing to extend the Lamfalussy procedures for securities legislation to the banking and insurance sectors. There will be further discussion of this at the October ECOFIN. ECOFIN agreed a mandate for an inter- institutional monitoring group to report on the progress of the Lamfalussy procedures in the securities markets. The Council also noted a brief oral update from the Commission on implications of the current market situation for financial services.
The chairman of the Economic Policy Committee (EPC) gave an oral report to the Council, and presented two EPC papers on the relative merits of different pension systems. ECOFIN invited the Commission and the Economic Policy Committee to continue their work, focusing on the long term sustainability of pensions systems. There will be a joint Commission-Council report on pensions to the spring 2003 European Council.
ECOFIN noted the Commission's annual report on the protection of the Community's financial interests and the fight against fraud, and will discuss this again once the report has been considered by the relevant committees.
Angus Robertson: To ask the Chancellor of the Exchequer when the European Securities Committee is next due to meet; whether representatives of the Scottish Executive (a) have been and (b) are members of it; and if he will make a statement. 
Ruth Kelly: The European Securities Committee is next due to meet on 19 and 20 September 2002. The UK is represented by an official from HM Treasury. Financial regulation is not a devolved matter. Representatives of the Scottish Executive have not attended the Committee.
Mr. Willetts: To ask the Chancellor of the Exchequer how much the advertising campaigns for (a) the working families tax credit, (b) the disabled person's tax credit, (c) the children's tax credit, (d) the child care tax credit and (e) the baby tax credit, have cost; and what the total annual spend on advertising each of these tax credits has been in each year since 19992000. 
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|Campaign||Total campaign costs|
|Working families' tax credit||13,800,000|
|Working families' tax credit||7,184,000|
|Disabled person's tax credit||219,000|
|Children's tax credit||7,161,000|
|Working families' tax credit||2,546,000|
|Disabled person's tax credit||957,000|
|Children's tax credit||364,000|
All figures include advertising, VAT and other promotional activity such as freephone helpline.
The 19992000 campaign costs for disabled person's tax credit were included within the working families' tax credit total campaign expenditure. The cost of obtaining a further breakdown of the total campaign costs between the two credits for that first year of their launch would be disproportionate.
The child care tax credit is a component of working families' and disabled person's tax credit and the baby tax credit is a component of the children's tax credit. Figures for child care tax credit and baby tax credit expenditure are not, therefore, accounted for separately.
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