Research Briefing
Inheritance Tax : a basic guide
This Commons Library briefing provides a summary description of the structure of inheritance tax (IHT) and the main reliefs which are available.
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Research Briefing
Income tax allowances for married couples
In general married couples are taxed as individuals, though a minority of older couples & civil partners may still claim a 'married couple's allowance'. Since 6 April 2015 individuals have been entitled to transfer part of their personal tax allowance to their spouse or civil partner, if neither they nor their partner are higher rate taxpayers.
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Research Briefing
VAT on tourism
This briefing gives a short introduction to the way VAT works, and the significance that EU VAT law has had for setting VAT rates, before discussing the campaign for a lower VAT rate on tourist services, and the introduction of a temporary reduced VAT rate for hospitality, holiday accommodation and attractions which applied from July 2020 to March 2022.
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Insight
Hosting Ukrainian refugees: Council tax implications
How hosting a Ukrainian refugee through the Homes for Ukraine Scheme may affect council tax payments, including single person discounts and second homes.
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Research Briefing
The Budget and the annual Finance Bill
This paper discusses the way that Parliament scrutinises the Government's proposals for taxation, set out in the annual Budget statement. It looks at how this procedure may be affected by the timing of a General Election, and the decision in 2017 to move the Budget from the Spring to the Autumn. It also provides some suggestions for further reading.
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Research Briefing
The 2019 Loan Charge
In the 2016 Budget the Government announced the introduction of the Loan Charge - a major initiative to tackle the mass marketing of tax avoidance ‘loan schemes’.
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Research Briefing
Direct taxes: rates and allowances 2022/23
This briefing sets out direct tax rates and principal tax allowances for the 2022/23 tax year, as confirmed in the Autumn 2021 Budget on 27 October 2021 and the Spring Statement on 23 March 2022. The paper outlines the conditions necessary for eligibility for these tax allowances, and provides a summary of the general tax position in straightforward cases.
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Debate Pack
National Insurance Contributions (Increase of Thresholds) Bill 2021-22
The National Insurance Contributions (Increase of Thresholds) Bill [Bill 292 of 2021-22] was introduced on 24 March 2022, and had its second reading on this day.
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Research Briefing
Spring Statement 2022: A summary
A summary of the announcements in the Chancellor's Spring Statement of 23 March 2022 and an overview of the latest economic forecasts.
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Research Briefing
National Insurance Contributions Bill 2021-22
The National Insurance Contributions Bill 2021-22 [Bill 10 of 2021-22] was introduced on 12 May 2021. The Bill had its second reading on 14 June 2021.
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Debate Pack
Opposition Day Debate: The impact of cost of living increase on pensioners
An Opposition Day Debate on the impact of cost of living increase on pensioners is scheduled for Monday 21 March 2022.
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Research Briefing
Background to Spring Statement 2022
This briefing sets out the background to Spring Statement 2022, which will take place on 23 March 2022. The Office for Budget Responsibility (OBR) will publish revised forecasts for the economy and public finances on the same day.
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Constituency Casework
Business rates appeals: England
Basic information for business ratepayers who may wish to appeal against a business rates bill.
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Constituency Casework
Should I be paying council tax on…. ?
Brief information about council tax liability for some different properties and residential situations.
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Research Briefing
Council tax: local referendums
This briefing note explains the system of referendums on council tax increases in local authorities. It sets out the legislative framework and the thresholds that have been set in previous years.
Total results (page 2 of 25)