Child Trust Fundssecond Report Of Session 2003 04reporttogether With Formal Minutesoral And Written Evidence PDF Download

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Child Trust Funds

Child Trust Funds
Author: Great Britain. Parliament. House of Commons. Treasury Committee
Publisher:
Total Pages:
Release: 2003
Genre: Children
ISBN:

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Child Trust Funds,Second Report of Session 2003-04,Report,Together with Formal Minutes,Oral and Written Evidence

Child Trust Funds,Second Report of Session 2003-04,Report,Together with Formal Minutes,Oral and Written Evidence
Author: John McFall
Publisher:
Total Pages: 132
Release: 2003
Genre:
ISBN: 9780215014467

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The Committee's report examines the Government's proposals for the establishment of Child Trust Funds or 'baby-bonds", as set out in the Child Trust Funds Bill (HCB 1, session 2003-04; ISBN 0215703278) published in November 2003. Under the provisions of this Bill, all children in the UK born from 1st September 2002 will receive a Government endowment of £250 and children in families receiving full Child Tax Credit will be eligible for an additional £250. The Child Trust Fund account will be in the child's name, who will have unrestricted access to the account from the age of 18 years old. Family and friends will be able to contribute up to £1,200 a year to the fund, with all income and capital growth exempted from tax. The aim of the programme is to promote the benefits of saving and investing, and to ensure that all children have a financial asset at the start of their adult life to invest in their future. The Committee concludes that this ambitious scheme has the potential to make a significant impact on people's attitude to saving. However, as it involves a significant expenditure commitment from this Government, as well as its successors, it is vital that the Government gets the details and implementation of the scheme right.


The Merger of Customs & Excise and the Inland Revenue

The Merger of Customs & Excise and the Inland Revenue
Author: Great Britain. Parliament. House of Commons. Treasury Committee
Publisher: The Stationery Office
Total Pages: 104
Release: 2004
Genre: Customs administration
ISBN: 9780215020239

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The Government has announced its intention to merge the Inland Revenue and HM Customs and Excise departments into a single department, to be called HM Revenue and Customs, in line with the recommendations of the O'Donnell report ('Financing Britain's future: review of the Revenue departments, Cm 6163; ISBN 0101616325) published in March 2004. The Committee's report examines the case for merger; expected costs and benefits; risks; legislation: confidentiality and powers of the new department; tax policy-making; and ministerial accountability. The Committee supports the decision in principle and looks forward to a detailed analysis of expected costs and benefits being carried out as soon as practicable, and also supports the introduction of new accountability arrangements. However, the fact that the Executive Chairman will report to three Treasury Ministers on various aspects of the new department's work appears unnecessarily cumbersome, and recommends that this should be reviewed in light of practice once the new department has been created.


Financial inclusion follow-up

Financial inclusion follow-up
Author: Great Britain: Parliament: House of Commons: Treasury Committee
Publisher: The Stationery Office
Total Pages: 150
Release: 2007-10-09
Genre: Business & Economics
ISBN: 9780215036254

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This report follows up on a previous report (HC 848-I, session 2005-06, ISBN 9780215031396), and a related publication on banking services (HC 1717, session 2005-06, ISBN 9780215031426). The Committee commends the Government's response to these earlier reports, but sets out some 33 conclusions and recommendations, including: the development of a wider range of savings options for lower income households; more protection for consumers from the risks relating to prepayment systems, such as Christmas savings schemes; the launch of a targeted national Saving Gateway scheme with the Government matching savings by low-income individuals with its own contributions; a renewed commitment from the Government to the reform and future funding of the Social Fund; the Committee commends the Government's consultation process on changes to legislation within which credit unions operate, and the possible renaming of credit unions to "community banks", the Committee further recommends that such bodies should be able to pay interest on savings.


The Stationery Office Annual Catalogue 2005

The Stationery Office Annual Catalogue 2005
Author: Stationery Office
Publisher: Stationery Office Books (TSO)
Total Pages: 688
Release: 2006-08-10
Genre:
ISBN: 9780115008092

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The Stationery Office Annual Catalogue

The Stationery Office Annual Catalogue
Author: Stationery Office (Great Britain)
Publisher:
Total Pages: 636
Release: 2006
Genre: Government publications
ISBN:

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Index to Chairmen

Index to Chairmen
Author:
Publisher:
Total Pages: 282
Release: 2004
Genre: Government publications
ISBN:

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The Work of Ofsted

The Work of Ofsted
Author: Great Britain. Parliament. House of Commons. Education and Skills Committee
Publisher: The Stationery Office
Total Pages: 164
Release: 2004
Genre: Education
ISBN: 9780215019585

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The Office for Standards in Education (OFSTED) is a non-ministerial government department with responsibility for regular inspection of schools, further education, and the regulation of childminding and day care. As part of its ongoing scrutiny of the work of Ofsted, the Committee's report considers Ofsted's work in 2003-04, including its annual report, structure and strategy; the growth of its remit, including its new responsibilities under the Children Bill relating to the inspection of children's services; value for money aspects of its inspection activities; the process and conduct of school inspections and reporting. The Committee's findings include support for the Ofsted's proposed new streamlined inspection regime to be established under the banner of 'a new relationship with schools'; and some concern that Ofsted's strategic expansion into new areas of responsibility needs to be carefully managed to ensure effective integration of new staff and efficient use of its increased resources. The Committee also welcomes Ofsted's proposal to publish a self-assessment review of its inspection activities, and urges the inspectorate to pursue the development of rigorous benchmarking measures.


Global Security

Global Security
Author: Great Britain. Parliament. House of Commons. Foreign Affairs Committee
Publisher: The Stationery Office
Total Pages: 274
Release: 2008
Genre: Political Science
ISBN: 9780215525130

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This report is the fourth in a series on global security, and examines the foreign policy aspects of the United Kingdom's relationship with Japan, the Republic of Korea (South Korea) and the Democratic People's Republic of Korea (North Korea). The current political and economic scene in Japan and South Korea is outlined. The regional relations of Japan and South Korea are then examined, including those with the United States and China, trade agreements and regional security forums. The focus on North Korea covers the nuclear programme, human rights, food security, regime reform and stability, North-South Korea relations and military matters. The involvement of Japan and South Korea in international affairs is also scrutinised, including climate change, development assistance, and the United Nations. The report concludes with a review of economic and cultural relations between the UK and Japan and South Korea.


Government Response to the Committee's Second Report on Child Trust Funds (HC 86)

Government Response to the Committee's Second Report on Child Trust Funds (HC 86)
Author: Great Britain. Parliament. House of Commons. Treasury Committee
Publisher:
Total Pages: 7
Release: 2004
Genre: Children
ISBN: 9780215015730

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Reply to HCP 86, session 2003-04 (ISBN 0215014464). The Child Trust Funds Bill (HCB 1, 2003-04, ISBN 0215703278) was issued on 27 November 2003