PARLIAMENTARY WRITTEN QUESTION
Flood Control: Tax Allowances (8 January 2016)
Question Asked
Asked by:
Kevin Hollinrake (Conservative)
Answer
The Government keeps all tax policy under review. Any changes in tax policy are announced by the Chancellor at the Budget or Autumn Statement.
At the Spending Review the Government confirmed that Defra’s £2.3bn, six-year flood defence capital programme will be protected, which will invest in over 1,500 schemes by 2021 to better protect 300,000 homes. The programme will also deliver economic benefits of £30bn in avoided damage over the next 50 years, and reduce overall flood risk in England by 5%.
Following Storm Desmond and Storm Eva the Government has announced over £200m of funding to support households and businesses, and repair damaged flood defences and roads. Council tax and business rate relief has also been announced for affected households and firms.
Answered by:
Mr David Gauke (Independent)
19 January 2016
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