Ministerial role

Financial Secretary to the Treasury

Responsibilities

The Financial Secretary (FST) is the Treasury Minister of State with responsibility for:

  • strategic oversight of the UK tax system including direct, indirect, business, property and personal taxation
  • corporate and small business taxation
  • European and international tax issues
  • customs policy, including the Customs Bill
  • Value Added Tax (VAT)
  • Departmental Minister for HM Revenue and Customs and the Valuation Office Agency
  • overall responsibility for the Finance Bill
  • the Government Actuary’s Department
  • 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. £8 million funding scheme for customs intermediaries and traders open

    • Press release
  2. Christmas bonus for millions of workers

    • Press release
  3. New homeowners benefit from stamp duty tax relief

    • Press release
  4. Five ways HMRC can help boost your finances

    • News story
  5. 100 days left to file your 2017 to 2018 tax return

    • News story
  6. HM Treasury and HMRC invest in customs training and automation

    • News story
  7. Making Tax Digital for VAT pilot open for business

    • Press release
  8. FST speech to the Hong Kong Trade Development Council Dinner: 27 September 2018

    • Speech
  9. HMRC warns it's time to declare offshore assets

    • Press release
  10. £850 million record boost for creative sectors

    • News story