Finances of the Monarchy
A research briefing on the Finances of the Monarchy, including the Sovereign Grant, Duchies of Lancaster and Cornwall and tax arrangements for members of the Royal Family.
Direct Taxes: rates and allowances 2007-08 (75 KB , PDF)
Direct Taxes: rates and allowances 2007-08 (75 KB , PDF)
A research briefing on the Finances of the Monarchy, including the Sovereign Grant, Duchies of Lancaster and Cornwall and tax arrangements for members of the Royal Family.
This briefing looks at the UK's fiscal targets and wider policy for managing the public finances.
The creative industries tax reliefs allow companies involved in the production of several artistic outputs to reduce their corporation tax liability. The first one was the film tax relief, and it was introduced in 2007.