The UK economy: A dashboard
This interactive dashboard shows data on economic growth, inflation, trade, employment, government borrowing and debt across the UK.
All Member States have limited discretion to set VAT rates under EU VAT law. Under a scheme agreed in October 1999, countries may introduce a reduced VAT rate on certain 'labour-intensive' services. Several countries have made use of the scheme, though the UK Government has shown no interest in doing so. This note discusses the development of European VAT law, before looking at this scheme in detail.
VAT on 'labour-intensive' services (124KB PDF)
All Member States have limited discretion to set VAT rates under EU VAT law. Under a scheme agreed in October 1999, countries may introduce a reduced VAT rate on certain ‘labour-intensive’ services. Several countries have made use of the scheme, though the UK Government has shown no interest in doing so. This note discusses the development of European VAT law, before looking at this scheme in detail.
VAT on 'labour-intensive' services (124KB PDF)
This interactive dashboard shows data on economic growth, inflation, trade, employment, government borrowing and debt across the UK.
The High Income Child Benefit Charge provides for Child Benefit to be clawed back through the tax system from families where the highest earner has an income in excess of a set threshold, now set at £60,000.
Answers to frequently asked questions relating to banking, credit, mortgages, investments and financial service fraud.