Contributions
2,217 recent contributions in Hansard
HANSARDVAT: Building Repairs and MaintenanceAs I referred to earlier, we have in place the listed places of worship scheme that provides support to places of worship, which runs until March 2025.19 Apr 2023HANSARDAmendments of the Law (Resolution of Silicon Valley Bank UK Limited) Order 2023That the Grand Committee do consider the Amendments of the Law (Resolution of Silicon Valley Bank UK Limited) Order 2023. Relevant document: 35th Report from the Secondary…19 Apr 2023HANSARDVAT: Building Repairs and MaintenanceThe noble Baroness is right that, to target our support on energy-efficiency measures, we have extended VAT relief in that area. I do not have dates for when the consultation will…19 Apr 2023HANSARDAmendments of the Law (Resolution of Silicon Valley Bank UK Limited) Order 2023Noble Lords will be aware that Silicon Valley Bank UK Limited, or SVB UK, was sold on Monday 13 March to HSBC. Customers of SVB UK are now able to access their deposits and…19 Apr 2023HANSARDAmendments of the Law (Resolution of Silicon Valley Bank UK Limited) Order 2023My Lords, I thank all noble Lords for their detailed questions on this statutory instrument. While everyone agreed that we reached a good resolution in this instance, it is…19 Apr 2023HANSARDAmendments of the Law (Resolution of Silicon Valley Bank UK Limited) Order 2023I am afraid I have to disappoint noble Lords and say that I have no further comment to make on the decision to purchase it by the ring-fenced bank. It was a commercial decision…19 Apr 2023HANSARDAmendments of the Law (Resolution of Silicon Valley Bank UK Limited) Order 2023I was only at the beginning of my attempt to answer my noble friend Lady Noakes’s questions. I think that I will cover a fair amount of ground in dealing with them, but I am also…19 Apr 2023HANSARDAmendments of the Law (Resolution of Silicon Valley Bank UK Limited) Order 2023That point was also raised by my noble friend, and I was hoping to come to it. Whether my answers mean that we will not have a further discussion on it either on the Bill or when…19 Apr 2023HANSARDVAT: Building Repairs and MaintenanceMy noble friend raises an important point. He is right that the renovation of existing properties can be an energy-efficient way to bring them back on to the market. There are…19 Apr 2023HANSARDVAT: Building Repairs and MaintenanceMy Lords, I would not want to interfere with an ongoing police investigation. My answer was not quite as the noble Lord termed it, but it may have reflected that his question goes…19 Apr 2023HANSARDVAT: Building Repairs and MaintenanceMy Lords, the Government keep all taxes under review, but there are no plans to change the VAT treatment of repair and maintenance. The noble Viscount made the important point…19 Apr 2023HANSARDVAT: Building Repairs and MaintenanceThe Government maintain a zero rate of VAT on new-build residential or qualifying buildings to incentivise the construction of new homes and increase the housing supply. The…19 Apr 2023HANSARDVAT: Building Repairs and MaintenanceMy Lords, it is not a tiny measure; it is a measure that has costs in the billions. There may be several different ways to achieve the point that the noble Baroness is making,…19 Apr 2023HANSARDVAT: Building Repairs and MaintenanceI will always be happy to meet my noble friend and a deputation that he brings with him. I am not sure whether I will be able to persuade him of the Government’s view on this…19 Apr 2023HANSARDVAT: Building Repairs and MaintenanceOn the noble Baroness’s specific point, if I may I will write to her with the details because I do not have them to hand at the moment.19 Apr 2023HANSARDVAT: Building Repairs and MaintenanceI can confirm to the noble Baroness that we already have a reduced rate of VAT in place for energy-efficiency installations. She will also be aware that we are extending the…19 Apr 2023HANSARDArrivals Duty Free at UK AirportsThe noble Baroness is right that there are direct costs of offering any scheme through VAT being refunded but there may be indirect benefits in terms of stimulating tourism and…30 Mar 2023HANSARDArrivals Duty Free at UK AirportsMy Lords, I will repeat what I said to the noble Lord, Lord Foulkes, that this absolutely demonstrates that the priorities of the Scottish Government lie in the wrong place and…30 Mar 2023HANSARDArrivals Duty Free at UK AirportsMy Lords, I will say that it shows that the Scottish Government’s priorities lie in the wrong place, instead of seeking to address the priorities of the people of Scotland,…30 Mar 2023HANSARDArrivals Duty Free at UK AirportsMy Lords, I reassure the noble Lord that the Government fully understand the contribution that tourism makes to our economy. To pick up his point about the Covid pandemic, through…30 Mar 2023