Research Briefing
In the July 2015 Budget the Government proposed scrapping the Climate Change Levy exemption which applies to electricity generated by renewable sources. Subsequently in the March 2016 Budget it announced that the rates of the levy would be increased in 2019, following the abolition of the Carbon Reduction Commitment energy efficiency scheme. This paper discusses the background to these measures.
Research Briefing
A summary of Budget 2016 and the Office for Budget Responsibility's forecasts for the economy and public finances.
Research Briefing
The briefing sets out the background to the 2016 Budget which will take place on Wednesday 16 March 2016.
Research Briefing
This paper discusses the proposals made by the Smith Commission - in its report published in November 2014 - for further devolution of power to the Scottish Government, in relation to taxation, funding and borrowing, and the Government’s plans for their implementation.
Research Briefing
The National Insurance Contributions (Rate Ceilings) Bill 2015-16 would prevent any increase in the current rates of Class 1 National Insurance contributions paid by employees and employers for the duration of the 2015-20 Parliament. It would also provide that the Upper Earnings Limit could not exceed the higher rate threshold - the sum of the personal allowance and the basic rate limit - as proposed by the Government in its pre-Budget proposals.
Debate Pack
On 25 January 2016 the House is to debate E-petition 115895 in Westminster Hall. The petition calls on the Government to "scrap plans forcing self employed & small business to do 4 tax returns yearly."
Research Briefing
Updated analysis of the Spending Review and Autumn Statement 2015.
Debate Pack
This pack has been compiled ahead of the debate on A tax on sugary drinks in Westminster Hall on Monday 30 November 2015 at 4.30pm. The subject of this debate has been chosen by the Petitions Committee and will consider ePetition 106651: Introduce a tax on sugary drinks in the UK to improve our children's health. Experts believe a tax of just 7p per regular-sized can of soft drink with added sugar could generate £1 billion per year. We believe this crucial revenue should be ring-fenced to support much needed preventative strategies in the NHS and schools around childhood obesity and diet-related disease. The Government responded: The Government has no plans to introduce a tax on sugar-sweetened beverages. The Government will announce its plans for tackling childhood obesity by the end of the year.
Research Briefing
This Briefing Paper gives an update on the Scotland Bill 2015-16 after Committee stage. No opposition amendments were made at Committee stage. The Government has produced substantive amendments of its own for Report.
Research Briefing
This note discusses new rules for the VAT liability of digital services which took effect from 1 January 2015.
Research Briefing
This note presents a summary of the Summer Budget 2015. This note provides an overview of the main Budget measures (see below), along with analysis of the forecasts, changes to the fiscal rules, changes to welfare, the National Living Wage, and public spending.
Research Briefing
This note sets out the background to the July 2015 Budget, the first Budget of the current Parliament.
Research Briefing
The Commons Library's briefing note on the European Union (Finance) Bill 2015-16.
Research Briefing
Following a consultation exercise, in December 2014 the Coalition Government confirmed that from 1 April 2015, landfill site operators would be able to use a new 'Loss on Ignition' (LOI) test, to ensure they charged the right rate of landfill tax on 'fines' - residual waste from waste processing. Operators would be able to charge the lower rate of tax on 'fines' meeting certain criteria. This Order would introduce the new test. It is not expected to have an Exchequer impact.
Research Briefing
The Commons Library's briefing note on the Scotland Bill 2015-16.
Total results (page 22 of 36)