Spring Budget 2020: Background briefing

This briefing sets out the background to Spring Budget 2020 which will take place on 11 March 2020. The Office for Budget Responsibility (OBR) will publish revised forecasts for the economy and public finances on the same day.

Read more

Brexit Glossary

This Commons Library research briefing contains a list of commonly-used terms and acronyms that have needed clarification since the United Kingdom voted in the June 2016 EU referendum.…

Read more

Revisions to the Political Declaration on the framework for future EU-UK relations

The UK and EU agreed a revised Political Declaration on the framework for the future UK-EU relationship on 17 October. This Briefing provides an outline of the contents of the Declaration and the key changes in the revised text …

Read more

The October 2019 EU UK Withdrawal Agreement

Boris Johnson’s Government have negotiated a new ‘deal’ with the European Union. It is formed of a Political Declaration and a Withdrawal Agreement. This paper focuses on the Withdrawal Agreement and how it compares to the one negotiated by Theresa May’s Government in November 2018.

The main differences are in the Protocol on Ireland/Northern Ireland or the ‘backstop’ as it is commonly known. It contains very different arrangements, the UK will no longer be in a single customs territory or union with the EU. The UK will no longer be legally bound to continue with level playing field commitments at the end of the transition period.

Northern Ireland will still be in the UK’s customs territory and VAT area, however, the region will align with the EU’s rules in these areas. Northern Ireland will remain mostly aligned to the EU’s regulations for goods. Four years after the end of the transition period Northern Ireland’s democratic institutions will vote on whether they wish to continue the arrangements in the Protocol.…

Read more

Age-related personal allowance

All taxpayers are entitled to receive a personal allowance to set against their income for tax purposes. Individuals aged 65 and over have been entitled to receive an additional allowance; an extra addition has been made for those age 75 and over. This note gives details of the allowance and the Coalition Government’s decision, first announced in Budget 2012, to phase it out from 2013/14.…

Read more

Background to the 2019 Spending Round

On Wednesday 4th September the Chancellor will present the conclusions of the 2019 Spending Round to Parliament. This briefing provides background on Spending Reviews and lists the spending commitments that have already been made, as well as covering the fiscal rules that the Chancellor is operating within and showing the recent trends in spending.…

Read more