Ministerial role

Financial Secretary to the Treasury

Responsibilities

  • strategic oversight of the UK tax system including direct, indirect, business, property and personal taxation.
  • corporate and small business taxation
  • financial services taxation, including bank levy, bank corporation tax surcharge, VAT on financial services, Insurance Premium Tax
  • European and international tax issues
  • customs policy, including the Customs Bill
  • National Insurance Bill
  • departmental minister for HM Revenue and Customs and the Valuation Office Agency and the Government Actuary’s Department
  • overall responsibility for the Finance Bill
  • parliamentary deputy on public spending issues

Current role holder: The Rt Hon Mel Stride MP

Mel Stride MP was appointed Financial Secretary to the Treasury on 12 June 2017 and Paymaster General on 13 June 2017. He was elected the Conservative MP for Central Devon in 2010.

Education

Mel was educated at Portsmouth Grammar School and Oxford University, where he was elected President of the Oxford Union.

Political career

In October 2011 Mel was appointed Parliamentary Private Secretary to the Minister of State for Further Education, Skills and Lifelong Learning, John Hayes. He later served as an Assistant Government Whip from July 2014 until May 2015 and as Government Whip (Lord Commissioner of HM Treasury) from May 2015 until July 2016.

Previous holders of this role

  1. Jane Ellison

    • 2016 to 2017
  2. The Rt Hon David Gauke MP

    • 2014 to 2016
  3. The Rt Hon Nicky Morgan

    • 2014 to 2014
  4. The Rt Hon Sajid Javid MP

    • 2013 to 2014
  5. The Rt Hon Greg Clark MP

    • 2012 to 2013
  6. Mark Hoban

    • 2010 to 2012

Announcements

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  1. Growing businesses to benefit from expert tax support

    • Press release
  2. UK businesses receive £2.9 billion boost to invest in Research and Development

    • News story
  3. Finance Bill legislates for remaining tax changes

    • News story
  4. New help for small businesses launched

    • Press release
  5. Next steps on the Finance Bill and Making Tax Digital

    • News story
  6. Our tax cuts will matter to millions: article by Jane Ellison

    • Speech
  7. British businesses boosted by tax changes coming into effect in April

    • News story
  8. Finance Bill 2017 legislates new tax changes

    • News story
  9. Financial Secretary: "a tax system that works for individuals and businesses alike is steady, measured and consultative"

    • Speech
  10. Lifetime ISA and Help to Save: boost for savers as key schemes become law

    • News story