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 This note discusses the scope of this VAT relief and the concerns there have been that it might have to be withdrawn under EC proposals for harmonising VAT rates.
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.
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.
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.
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
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.
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).
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
The Bill creates a new office – the Groceries Code Adjudicator – to enforce and oversee the Groceries Code – a code of practice that regulates the relationship between large retailers and their suppliers.
This note looks at long-running concerns about the dominance of the four major supermarkets in the UK groceries market - and the two inquiries undertaken by the competition authorities in the last decade.
This note sets out the VAT treatment of construction work and the UK's discretion in setting VAT rates with respect to European VAT law, before discussing the debate there has been on cutting VAT on historic building repair and recent proposals to withdraw the zero rate that applies to alteration work on listed buildings.