Contributions
2,622 recent contributions in Hansard
HANSARDHMRC: Tax ReturnsWithout further information about that case, it would obviously be very difficult for me to comment. If the noble and learned Baroness would like me to pass her friend’s…10 Jan 2024HANSARDNatWest: Account Terminations and Branch ClosuresThe noble Baroness is absolutely right. That is why we are putting this voluntary provision on a statutory footing. The Treasury has the power to designate not only banks but the…10 Jan 2024HANSARDHMRC: Tax ReturnsIf the noble Lord does not mind, I shall focus on the first part of his question, because it is very important. If a person phones the self-assessment helpline, what happens is…10 Jan 2024HANSARDHMRC: Tax ReturnsHMRC is an office-based organisation. However, officials can work from home for two days a week, if they can be fully effective in their roles. On average, advisers answer the…10 Jan 2024HANSARDHMRC: Tax ReturnsThe noble Baroness may be aware that the HMRC made a very targeted intervention on overpayments over the summer, to enable a backlog that had arisen to be repaid. That is now…10 Jan 2024HANSARDNatWest: Account Terminations and Branch ClosuresThe Government do recognise that banks hold a key position in our society. We need to ensure that our banking system meets the needs of that society. Certain banks, as I am sure…10 Jan 2024HANSARDHMRC: Tax ReturnsMy noble friend will be very pleased to know that I phoned HMRC on Monday and eventually managed to speak to a person. I did not tell them who I was, and I do not have very…10 Jan 2024HANSARDHMRC: Tax ReturnsThere is actually a very competitive market in software that is able to speak to the HMRC system. No flaws have yet been found, but of course one is always aware of that.10 Jan 2024HANSARDData Reporting Services Regulations 2023My Lords, I am grateful to both noble Lords for their consideration. I will definitely have to write. I am grateful to the noble Lord, Lord Sharkey, for all his questions; I am…10 Jan 2024HANSARDData Reporting Services Regulations 2023My Lords, both these instruments are made under powers in the Financial Services and Markets Act 2023, which I will refer to as FiSMA 2023. The regulations form part of the…10 Jan 2024HANSARDMoney Laundering and Terrorist Financing (High-Risk Countries) (Amendment) (No. 2) RegulationsThat the Grand Committee do consider the Money Laundering and Terrorist Financing (High-Risk Countries) (Amendment) (No. 2) Regulations.10 Jan 2024HANSARDSecuritisation Regulations 2023That the Grand Committee do consider the Securitisation Regulations 2023. Relevant document: 7th Report from the Secondary Legislation Scrutiny Committee10 Jan 2024HANSARDNatWest: Account Terminations and Branch ClosuresThat is a very good question from my noble friend and I do not have the answer to it. But I would say that the banking sector for individuals is incredibly competitive, and for…10 Jan 2024HANSARDData Reporting Services Regulations 2023That the Grand Committee do consider the Data Reporting Services Regulations 2023. Relevant document: 7th Report from the Secondary Legislation Scrutiny Committee10 Jan 2024HANSARDMoney Laundering and Terrorist Financing (High-Risk Countries) (Amendment) (No. 2) RegulationsMy Lords, these regulations have been laid to update the UK’s list of high-risk third countries in Schedule 3ZA to the Money Laundering, Terrorist Financing and Transfers of Funds…10 Jan 2024HANSARDHMRC: Tax ReturnsHMRC is well aware and has forecasts for how many people will be filling in tax returns or required to pay tax. It is prepared and has the workforce ready to do so. But I would…10 Jan 2024HANSARDHMRC: Tax ReturnsMy Lords, HMRC is responsible for collecting income tax, value added tax and a range of other taxes and duties. Tax returns are required to ensure the timely payment of the right…10 Jan 2024HANSARDHMRC: Tax ReturnsAs I have said previously, HMRC is prepared for the type of people that may or may not be in the tax system in the future. At the heart of all this is communication. HMRC sends…10 Jan 2024HANSARDNatWest: Account Terminations and Branch ClosuresNo, I think those comments were very ill advised and I rather wish he had not made them—as I am sure he does. The key to a thriving housing market is ensuring that interest rates…10 Jan 2024HANSARDNatWest: Account Terminations and Branch ClosuresI am very grateful to the noble Lord for allowing me to highlight to the House that that statutory instrument, laid before Christmas, comes into force today. It means that banks…10 Jan 2024