Research Briefing
This Commons Library briefing paper provides general information about how the law applies to cohabitants, the number of cohabiting couples, and about the Law Commission’s proposals for reform.
Research Briefing
This paper gives a brief summary of the structure of inheritance tax before looking at the debates there have been about the tax in recent years.
Research Briefing
UK tax law is specifically targeted rather than purposive: in tackling the exploitation of loopholes in the law, governments have legislated against individual avoidance schemes as and when these have come to light. This note looks at the case that has been made recently for a general anti-avoidance rule, and the Coalition Government's introduction of a 'narrower' General Anti-Abuse Rule in 2013.
Research Briefing
This paper sets out direct tax rates and principal tax allowances for the 2021/22 tax year, as confirmed in the 2021 Budget on 3 March 2021. The paper outlines the conditions necessary for eligibility for these tax allowances, and provides a summary of the general tax position in straightforward cases.
Research Briefing
This House of Commons Library Briefing Paper describes the specific Government initiatives which have been developed in order to assist first-time buyers into home ownership and, in some cases, to help existing owners who are seeking to move. The paper includes some comment on these schemes.
Research Briefing
The 'IR35' rules to prevent the exploitation of personal service companies for tax avoidance were introduced in April 2000, following a long and contentious consultation exercise. This legislation remains unpopular among freelancers who use this corporate form to provide services. This note looks at debates as to the effectiveness of these rules and wider concerns about the use of employment intermediaries to avoid tax, before discussing recent developments as to their application in the public and private sector.
Research Briefing
This note sets out the rules regarding the tax treatment of alcohol and tobacco purchases made by passengers, which have been amended as a consequence of the UK's exit from the EU Single Market from 1 January 2021.
Debate Pack
The Taxation (Post-Transition Period) Bill 2019-21 was presented on 8 December 2020, and the Bill received its Second Reading on 9 December 2020.
Debate Pack
Westminster Hall debate on e-petitions relating to financial rewards for government workers and keyworkers
Research Briefing
This briefing has been prepared as background to the Second Reading of the Taxation (Post-Transition Period) Bill 2019-21 on 9 December 2020.
Research Briefing
This note looks at the recent debate about the structure of capital gains tax, the Coalition Government’s reforms in the 2010 Budget, and the current Government’s approach to the tax.
Debate Pack
An Opposition Day debate on the ‘Protection of jobs and businesses’ following the Coronavirus outbreak has been scheduled for Wednesday 9 September 2020.
Research Briefing
Retrospective tax legislation imposes or increases a tax charge prior to the legislation being introduced. Although this is a controversial practice, retrospective provisions are often introduced to mitigate the risks to the Exchequer from tax avoidance.
Debate Pack
The Chancellor Rishi Sunak presented the 2020 Budget on 11 March. The Finance Bill 2019-21 was published on 17 March, and completed its scrutiny in the House of Commons on 2 July. The Finance Act 2020 received Royal Assent on 22 July.
Debate Pack
An Estimates Day debate on 'HMRC spending on job retention scheme and support for the self- employed' has been scheduled for 7 July 2020.
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