Search results
Results from the WOW.Com Content Network
The Tax Credits Act 2002 chapter 21 was a Public and General British Act of Parliament passed by the Labour Government at the time, led by Prime Minister Tony Blair. The Act established the administrative framework for the implementation of tax credits and sets out who is entitled to tax credits. [1]
If Carpet Ltd has no other foreign source income under UK concepts, Carpet Ltd's UK tax is £330,000 less FTC of £33,000, or £297,000. Total taxes would be £297,000 + £37,000 or £334,000. On the other hand, if Carpet Ltd had additional foreign source trading profits of £20,000, the FTC limit would be sufficient to use all of the German ...
Taxation in the United Kingdom. In the United Kingdom, the value added tax (VAT) [1] was introduced in 1973, replacing Purchase Tax, and is the third-largest source of government revenue, after income tax and National Insurance. It is administered and collected by HM Revenue and Customs, primarily through the Value Added Tax Act 1994 .
Carer's Allowance is a non-contributory benefit in the United Kingdom payable to people who care for a disabled person for at least 35 hours a week. It was first established as Invalid Care Allowance [1] in 1976, and married women were not eligible. This policy was held to be unlawful sexual discrimination by the European Court in 1986 in the ...
Personal Independence Payment. Personal Independence Payment (abbreviated to PIP and usually pronounced as one word) is a welfare benefit in the United Kingdom that is intended to help working age adults with the extra costs of living with a health condition or a disability. It is avaliable in England, Wales and Northern Ireland but not in ...
No provision has been made for married partners to claim a reduced pension under the New State Pension, as it is intended people will have longer working lives and personal contribution records to claim against. Pension top-ups. Married women with young children and carers can claim credits of National Insurance contributions.