Research Briefing
This paper sets out the main changes to direct tax rates and allowances announced in the Budget on 20 March 2013. It lists the principal personal allowances which will be available against income tax in the tax year 2013/14, and it outlines the conditions necessary for eligibility for these allowances.
Research Briefing
This note summarises the main points of the 2013 Budget.
Research Briefing
This note sets out the economic and public finance background to the 2013 Budget.
Research Briefing
In his 2007 Budget the then Chancellor Gordon Brown announced a series of changes to personal tax to take effect from 6 April 2008, including two major changes to income tax rates: the withdrawal of the 10% starting rate and a cut in the basic rate from 22% to 20%. Initially it was estimated that although 21 million households would be better off or no worse off as a result of these reforms, 5.3 million households would pay more in tax. This note looks at the reaction there was to this reform, and the Labour Government's approach after the 2007 Budget to compensate lower-income households who had lost out.
Research Briefing
This is an archived Commons Library briefing on constituency casework: tax credits, from 2013.
Research Briefing
This Bill would provide for the introduction of an HGV road user levy from April 2014.
Research Briefing
This note summarises the main points of the Autumn Statement.
Research Briefing
The Small Charitable Donations Bill introduces the Gift Aid Small Donations Scheme (GASDS).
Research Briefing
This Bill would provide for the introduction of an HGV road user levy from April 2014.
Research Briefing
In July 2005 legislation to tackle tax evasion on savings income held in one State for individuals resident in another - the EU Savings Directive (Council Directive 2003/48/EC). There have been concerns that the Directive is not as effective as initially hoped. This note looks at recent debates on amending it.
Research Briefing
This note discusses the background to the adoption of the EU Savings Directive - which seeks to prevent tax evasion on savings income paid from accounts in one Member State to individuals resident in another. The Directive took effect in July 2005. A second note looks at recent discussions as to its reform (SN03273).
Research Briefing
The Small Charitable Donations Bill introduces the Gift Aid Small Donations Scheme (GASDS) which was announced at Budget 2011.
Research Briefing
This note sets out the VAT treatment of construction work and the UK's discretion in setting VAT rates with respect to European VAT law, before discussing the debate there has been on cutting VAT on historic building repair and recent proposals to withdraw the zero rate that applies to alteration work on listed buildings.
Research Briefing
At the Conservative Party conference in October 2010 the Chancellor announced that from January 2013 Child Benefit would be withdrawn from families with a higher rate taxpayer. Revised proposals were set out in Budget 2012 under which Child Benefit will instead be clawed back gradually from families with a taxpayer with an income between £50,000 and £60,000 a year.
Research Briefing
This paper sets out the main changes to direct tax rates and allowances announced in the Budget on 21 March 2012.
Total results (page 26 of 36)