Research Briefing
This Bill would introduce the new Employment Allowance from April 2014 - a tax relief for employers paying National Insurance contributions on their employees' earnings, first announced in the 2013 Budget.
Research Briefing
This note discusses the Labour Government's decision, announced in the Pre-Budget Report on 24 November 2008, to cut the standard rate of VAT from 171/2% to 15%, from 1 December 2008 to 31 December 2009. It goes on to examine the way this tax change was implemented, and the debate there was about its impact.
Research Briefing
In Budget 2012 the Government announced the removal of a number of 'loopholes and anomalies' in the coverage of VAT - affecting self-storage facilities, approved alterations to listed buildings, catering & hot takeaway food, sports drinks, holiday caravans and the rental of hairdressers' chairs. This note gives details of the changes, which, for the most part, took effect from 1 October 2012.
Research Briefing
In his Budget statement on 22 June 2010, the Chancellor, George Osborne, announced that the standard rate of VAT would rise from 17.5% to 20% from 4 January 2011. This note looks at the background to this announcement, and the reaction there has been to date.
Research Briefing
Motorcycle helmets as well as protective boots and helmets for industrial use and cycle helmets are charged a zero rate of VAT. This note discusses the scope of this VAT relief and the concerns there have been that it might have to be withdrawn under EC proposals for harmonising VAT rates.
Research Briefing
Young children's clothes and footwear are charged a zero rate of VAT. This note discusses the scope of the zero rate and the case that has been made for extending it.
Research Briefing
At present public postal services are exempt from VAT, though the European Commission has argued that this hinders competition in postal services across the EU. This note looks at the prospects for reform.
Research Briefing
This paper sets out the main changes to direct tax rates and allowances announced in the Budget on 20 March 2013. It lists the principal personal allowances which will be available against income tax in the tax year 2013/14, and it outlines the conditions necessary for eligibility for these allowances.
Research Briefing
This note sets out the economic and public finance background to the 2013 Budget.
Research Briefing
In his 2007 Budget the then Chancellor Gordon Brown announced a series of changes to personal tax to take effect from 6 April 2008, including two major changes to income tax rates: the withdrawal of the 10% starting rate and a cut in the basic rate from 22% to 20%. Initially it was estimated that although 21 million households would be better off or no worse off as a result of these reforms, 5.3 million households would pay more in tax. This note looks at the reaction there was to this reform, and the Labour Government's approach after the 2007 Budget to compensate lower-income households who had lost out.
Research Briefing
This Bill creates the office of the Groceries Code Adjudicator, whose role is to enforce and oversee the Groceries Code – a code of practice that regulates the relationship between large retailers and their suppliers
Research Briefing
The Small Charitable Donations Bill introduces the Gift Aid Small Donations Scheme (GASDS).
Research Briefing
In July 2005 legislation to tackle tax evasion on savings income held in one State for individuals resident in another - the EU Savings Directive (Council Directive 2003/48/EC). There have been concerns that the Directive is not as effective as initially hoped. This note looks at recent debates on amending it.
Research Briefing
This note discusses the background to the adoption of the EU Savings Directive - which seeks to prevent tax evasion on savings income paid from accounts in one Member State to individuals resident in another. The Directive took effect in July 2005. A second note looks at recent discussions as to its reform (SN03273).
Research Briefing
This is a report on the Public Bill Committee Stage of the Enterprise and Regulatory Reform Bill. It is designed to complement the Research Paper Enterprise and Regulatory Reform Bill (RP 12/33), which covers in more detail the background to the Bill
Total results (page 12 of 18)
