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.
Documents to download
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Seafarers' earnings deduction (FED) (128 KB , PDF)
This note discusses this special tax relief for seafarers, before looking at recent concerns about a change in HM Revenue & Customs’ approach to claims for this relief from those working in the oil & gas sector.
Documents to download
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Seafarers' earnings deduction (FED) (128 KB , PDF)
Related posts
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The UK’s fiscal targets
This briefing looks at the UK's fiscal targets and wider policy for managing the public finances.
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The creative industries tax reliefs: Policy and development
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.
