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13 Oct 2008 : Column 1002W—continued
Taxation: Football
John Mann: To ask the Chancellor of the Exchequer how many professional and semi-professional football clubs have entered administration with debts outstanding to HM Revenue and Customs in the last three years. [224916]
Mr. Timms: I refer my hon. Friend to the answer given by my right hon. Friend the then Financial Secretary on 9 October 2007, Official Report, columns 582-3W.
Taxation: Investment Income
Mr. Lancaster: To ask the Chancellor of the Exchequer what steps he is taking to ensure that people who have investment income taxed automatically at 20 per cent. but who are not on PAYE and are not issued with a tax return annually, are made aware that a repayment of tax may be due to them. [225912]
Mr. Timms: HMRC encourages savers to claim back any overpaid tax, using their website, the DirectGov website and a leaflet (IR111) available to all banks and building societies to do so. The HMRC website includes sections on 'Claiming back tax' and 'Guidance on the 10 per cent. starting rate for savings income'.
HMRC will also be running a tax on interest campaign, targeted at pensioners, to encourage those that are non-taxpayers to register their accounts so that they receive their interest without tax deducted and to encourage those who have paid too much tax on their interest to claim it back.
USA Treasury Securities
Angela Browning: To ask the Chancellor of the Exchequer how much in UK holdings of USA Treasury securities there was in each month from April 2005 to August 2008. [226536]
Ian Pearson: The UK Government's US dollar denominated assets are held in the UK's official foreign currency reserves. The Bank of England also holds foreign currency reserves of its own. Information on the exact composition of these assets is market sensitive. More information on how the UK official reserves are managed, including which assets the reserves can be invested in, can be found on the Treasury's websites.
Angela Browning: To ask the Chancellor of the Exchequer what communications have taken place since January 2008 between his Department and (a) the Governor of the Bank of England and (b) the Chief Executive of the Financial Services Authority on the monthly changes from January 2008 to July 2008 of UK holdings of USA Treasury securities. [226537]
Ian Pearson: The Chancellor of the Exchequer, the Governor of the Bank of England and the chief executive of the Financial Services Authority meet on a regular basis to discuss a wide range of economic and financial issues.
Valuation Office: Geographical Information Systems
Mrs. Lait: To ask the Chancellor of the Exchequer if he will produce a privacy impact assessment for the Valuation Office Agency's Geographical Information System project. [225653]
Mr. Timms: The need for a privacy impact assessment will be considered as part of the due process within the Geographical Information Project.
VAT: Energy
Mr. Brady: To ask the Chancellor of the Exchequer pursuant to the Answer of 29 September 2008, Official Report, column 2308W on VAT: energy, if he will estimate the additional revenue that will be raised from VAT on domestic energy as a result of increases in fuel prices in 2008-09. [225095]
Mr. Timms: HM Revenue and Customs does not collect data on VAT relating to individual goods and services.
There are practical difficulties in estimating the revenue impact of price changes in specific sectors, as to obtain a true estimate the effects across the wider economy must also be considered. Consumers will change their behaviour and expenditure patterns as specific prices rise.
Welfare Tax Credits: Appeals
Jenny Willott: To ask the Chancellor of the Exchequer how many appeals against a tax credit decision taken by his Department there have been in each (a) year and (b) month since tax credits were established; and if he will make a statement. [225737]
Mr. Timms: For information up to and including February 2008 I refer the hon. Member to the answer my predecessor gave my right hon. Friend the Member for Birkenhead (Mr. Field) and the hon. Member for Runnymede and Weybridge (Mr. Hammond) on 11 March 2008, Official Report, columns 371-72W.
Information for March 2008 to September 2008 is:
| Month 2008 | Number of appeals against tax credits decisions |
Welfare Tax Credits: Overpayments
Jenny Willott: To ask the Chancellor of the Exchequer how many TC846 forms his Department has received disputing a tax credit overpayment in each (a) year and (b) month since tax credits were established; and if he will make a statement. [225736]
Mr. Timms: For information up to and including 2007-08, I refer the hon. Member to the answers my predecessor gave the hon. Member for Inverness, Nairn, Badenoch and Strathspey (Danny Alexander) on 17 March 2008, Official Report, columns 901-902W, and 20 May 2008, Official Report, column 212W.
The corresponding Information for 2008-09 is:
| Households | |
| Month 2008 | Number of newly disputed overpayments |
Working Tax Credit
Jenny Willott: To ask the Chancellor of the Exchequer how much was spent on the childcare element of tax credits paid to families in England and Wales who have children under five years of age and who work fewer than 24 hours per week in each year since the element was introduced; and what estimate he has made of equivalent costs in each of the next five years. [225330]
Mr. Timms: The total increase in annualised entitlement due to the child care element is provided in Table 2.4 of the HMRC publication “Child and Working Tax Credits Statistics. Finalised annual awards” for each relevant year. These are available on the HMRC website at:
This information is available only at a disproportionate cost by country, age of children, and hours worked per week.
HMRC do not produce forecasts for the individual elements of child and working tax credits.
Jenny Willott: To ask the Chancellor of the Exchequer how many families in England and Wales who have children under five years of age and who work fewer than 24 hours a week have claimed the childcare element of tax credits; and what estimate he has made of the number of families in this group in each of the next five years. [225333]
Mr. Timms: Estimates of the average number of families in England and Wales benefiting from the child care element of working tax credit are reported in Table 1B of HMRC's publication ‘Child and Working Tax Credits Statistics. Finalised Annual Awards. Geographical Analyses’ for each relevant year. These publications are available on the HMRC website at:
Estimates of the total number of families benefiting from the child care element of working tax credit at selected dates, by age group of children, and hours worked per week, are reported in Table 4.4 of HMRC's
publication ‘Child and Working Tax Credits Statistics’. These publications are available on the HMRC website at:
HMRC do not produce estimates of the number of families who will benefit from the child care element in the future.
Working Tax Credits
Tom Brake: To ask the Chancellor of the Exchequer how many families with children aged between one and five years in (a) Carshalton and Wallington constituency, (b) Greater London and (c) England have been awarded the childcare element of the working tax credit since the element was introduced. [224969]
Mr. Timms: The information requested is available only at a disproportionate cost.
However, estimates of the total number of families benefiting from the child care element of working tax credit, by age group of children, including those under five years, at selected dates are published in Table 4.4 of the HMRC publications “Child and Working Tax Credits Statistics”. These publications are available on the HMRC website at:
Estimates of the average number of families benefiting from the child care element of working tax credit, by country, region, local authority and constituency, are available in the HMRC publications “Child and Working Tax Credits Statistics Finalised Annual Awards. Geographical Analyses”, for each relevant year. These are available on the HMRC website at:
James Duddridge: To ask the Chancellor of the Exchequer (1) how many working hours were spent administering the issue of annual review forms to tax credit recipients in 2007-08; [225046]
(2) what the cost of (a) sending and (b) processing the return of annual tax credit review forms was in 2007-08. [225047]
Mr. Timms: HM Revenue and Customs (HMRC) does not keep separate information pertaining to the working hours spent administering the issuance of annual review forms.
In 2007-08 HMRC sent out around 9 million annual renewal packs. For the cost of sending annual renewal packs I refer the hon. Gentleman to the answer I gave on 10 September 2008, Official Report, column 1954W to the hon. Member for South-West Hertfordshire (Mr. Gauke). The cost of processing annual tax credits renewals in 2007-08 was around £10.45 million.
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