7 Jul 2026·Treasury·Pending
AskedWhether she has received (a) legal advice on the compatibility of the proposed lower-value debt recovery powers with the European Convention on Human Rights, (b) a programme risk register, (c) advice on reputational risks arising from the proposals, (d) external legal advice on implementation and (e) contingency plans should recovery rates fall below forecast.
7 Jul 2026·Treasury·Pending
AskedWhether HM Revenue and Customs has completed an Equality Impact Assessment for proposed lower-value debt recovery powers; what assessment she has made of the potential impact of those powers on (a) disabled people, (b) Universal Credit claimants and (c) other vulnerable taxpayers; what criteria HMRC plans to use when determining vulnerability; and how many vulnerable taxpayers will be within the scope of the proposals.
6 Jul 2026·Treasury·Pending
AskedWhat estimate HM Revenue and Customs has made of (a) the number of individuals expected to be subject to the proposed lower-value debt recovery powers in each of the next five financial years, (b) the average amount expected to be recovered per taxpayer, (c) the number of taxpayers expected to enter repayment arrangements rather than having deductions applied and (d) the number of households with children expected to be affected; and whether HMRC has modelled the distribution of affected taxpayers by income decile and by region.
6 Jul 2026·Treasury·Pending
AskedWhat enforcement mechanisms are being considered for businesses that do not pay PAYE and VAT by Direct Debit; whether penalties have been modelled for non-compliance; whether exemptions have been assessed by sector, including charities; and whether an options appraisal has been undertaken.
6 Jul 2026·Treasury·Pending
AskedWhat estimate her Department has made of (a) the number of businesses currently unable to pay VAT by Direct Debit, (b) the number of VAT-registered businesses which do not maintain a UK bank account capable of supporting Direct Debit payments, (c) the implementation costs to businesses, (d) the implementation costs to HM Revenue and Customs; and whether an impact assessment has been completed.
6 Jul 2026·Treasury·Pending
AskedWhat evidential basis informed the conclusion that the Lifetime ISA was not effective; whether external research, behavioural analysis and consumer testing informed that conclusion; whether an evidence review has been completed; and if she will publish the evidence underpinning the proposed First Time Buyer ISA.
6 Jul 2026·Treasury·Pending
AskedWhat assessment her Department has made of (a) the economic impact of the £450,000 property price cap for first-time buyers' Lifetime ISA and (b) the impact of regional affordability, particularly in London and the South East, on the effectiveness of the cap; and what estimate her Department has made of the number of prospective purchasers excluded by the current threshold.
6 Jul 2026·Treasury·Pending
AskedWhat estimate has been made of (a) the number of Lifetime ISA holders expected to be financially better off under the proposed reforms, (b) the number expected to be financially worse off, (c) the regional distribution of those impacted, (d) the impact by age group, and (e) whether a distributional analysis has been completed and will be published.
6 Jul 2026·Treasury·Pending
AskedWhat assessment has been made of the impact of mandatory Direct Debit payments on (a) businesses without access to mainstream banking services, (b) rural businesses and (c) financially excluded businesses; and whether her Department has consulted (i) the Financial Conduct Authority and (ii) banking providers.
16 Jun 2026·Treasury·Answered
AskedPursuant to the answer of 9 June 2026 to Questions 6391, 6395 and 6396, what the average time is between a banking hub being announced and the opening of a permanent hub; how many permanent banking hubs have taken l
ReplyCash Access UK is on track to deliver 350 banking hubs by the end of this Parliament. To date, Cash Access UK has opened 239 banking hubs of the over 275 recommended by LINK, and over 140 deposit services. Of the 239 banking hubs opened, 70 are in tempora...
16 Jun 2026·Treasury·Answered
AskedPursuant to the answer of 9 June 2026 to Questions 6391, 6395 and 6396, how many communities have lost their final bank branch since 2020; and what estimate she has made of the number of communities that currently l
ReplyCash Access UK is on track to deliver 350 banking hubs by the end of this Parliament. To date, Cash Access UK has opened 239 banking hubs of the over 275 recommended by LINK, and over 140 deposit services. Of the 239 banking hubs opened, 70 are in tempora...
16 Jun 2026·Treasury·Answered
AskedPursuant to the answer of 9 June 2026 to Questions 6391, 6395 and 6396, what evidence of consumer detriment led her Department to commission the independent Review into Access to Banking Services announced on 14 May
ReplyThe Government is aware of the public’s concerns around access to banking services, which are currently not protected in legislation. Whilst there is evidence on a local level of individuals being affected by the closure of bank branches, the Government n...
16 Jun 2026·Treasury·Answered
AskedPursuant to the answer of 9 June 2026 to Questions 6391, 6395 and 6396, what assessment she has made of whether the Government’s commitment to establish 350 banking hubs by the end of this Parliament will be suffici
ReplyThe Government is aware of the public’s concerns around access to banking services, which are currently not protected in legislation. Whilst there is evidence on a local level of individuals being affected by the closure of bank branches, the Government n...
16 Jun 2026·Treasury·Answered
AskedPursuant to the answer of 9 June 2026 to Questions 6391, 6395 and 6396, how many requests for banking hubs have been considered by LINK since 2022; how many resulted in (a) a recommendation for a banking hub and (b)
ReplyWhere a branch closure is announced or a community has submitted a cash access assessment request, LINK (the operator of the UK's largest ATM network) assesses a community's access to cash withdrawal and deposit facilities on behalf of the UK's largest hi...
3 Jun 2026·Treasury·Answered
AskedWhat assessment she has made of the extent to which the current banking hub assessment process takes account of (a) public transport availability, (b) journey times, (c) geographic barriers, (d) seasonal population
ReplyThe way people across the UK use retail banking services has changed significantly, with many customers now choosing to bank online. In response, banks and building societies have reshaped their branch networks, reflecting changing customer preferences. H...
3 Jun 2026·Treasury·Answered
AskedWhat assessment she has made of the adequacy of the performance of LINK and Cash Access UK in delivering banking hubs; how many recommended banking hubs are currently operating from temporary premises; what the aver
ReplyThe way people across the UK use retail banking services has changed significantly, with many customers now choosing to bank online. In response, banks and building societies have reshaped their branch networks, reflecting changing customer preferences. H...
3 Jun 2026·Treasury·Answered
AskedWhat assessment she has made of the potential impact of the proposed reforms to the taxation of foreign branch profits on (a) tax revenues, (b) investment, (c) employment and (d) business activity in the UK oil and
ReplyThese reforms will ensure that profit attributable to UK activities is effectively taxed in the UK. They are expected to raise hundreds of millions of pounds per year - helping to fund a package of economic support for households and businesses – while at...
3 Jun 2026·Treasury·Answered
AskedWhether the Government’s commitment to establish 350 banking hubs will be sufficient to replace access to banking services lost through bank branch closures; how many communities have lost their final bank branch si
ReplyThe way people across the UK use retail banking services has changed significantly, with many customers now choosing to bank online. In response, banks and building societies have reshaped their branch networks, reflecting changing customer preferences. H...
3 Jun 2026·Treasury·Answered
AskedWhat assessment she has made of the potential impact of the temporary suspension of tariffs on imported food products on (a) food prices, (b) household grocery bills, (c) domestic food producers and (d) British farm
ReplyThe two packages of agri-food tariff suspensions will reduce import costs for the included items and bear down on consumer costs. The benefit to consumers is estimated to be around a combined £330m to £770m annually for the initial package which has been ...
3 Jun 2026·Treasury·Answered
AskedWhat estimate she has made of the cost to the Exchequer and expected economic impact on families of the temporary reduction in VAT on children's meals and summer attractions; what categories of business and attracti
ReplyFrom 25 June to 1 September the Government is introducing a temporary reduced rate of VAT on children's menu meals and eligible family attractions. This is a targeted and temporary scheme to reduce the costs of children’s meals in restaurants, children’s ...