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
Research Briefing
The Small Charitable Donations Bill introduces the Gift Aid Small Donations Scheme (GASDS) which was announced at Budget 2011.
Research Briefing
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.
Research Briefing
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.
Research Briefing
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.
Research Briefing
The Enterprise and Regulatory Reform Bill introduces reforms in a number of areas.
Research Briefing
This paper sets out the main changes to direct tax rates and allowances announced in the Budget on 21 March 2012.
Research Briefing
The American economist James Tobin first made the suggestion for a tax on currency transactions to dissuade short term currency speculation in the 1970s. Recently the idea of a more general 'Tobin-like' tax on financial transactions has been discussed, in the wake of the global financial crisis, and the desire to recover the considerable costs of public bailouts given to this sector. This note gives some historical background to the issue, while a second note (SN06184) looks at recent developments.
Total results (page 15 of 25)