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.
This paper sets out the main changes to direct tax rates and allowances announced in the Budget on 23 March 2011.
Direct taxes: rates and allowances 2011/12 (135 KB , PDF)
This paper sets out the main changes to direct tax rates and allowances announced in the Budget on 23 March 2011. It lists the principal personal allowances which will be available against income tax in the tax year 2011/12, and it outlines the conditions necessary for eligibility for these allowances.
Direct taxes: rates and allowances 2011/12 (135 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.