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Around 7 million people in the UK were entitled to claim Working Tax Credit or the companion Child Tax Credit, although around 2 million people do not do so. The levels of Tax Credit take-up in the UK have not risen in recent years, despite an increase of 100,000 children living in households classed as "below the poverty line" between 2004 and ...
The Tax Credits Act 2002 (c. 21) was a 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.
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This investment tax credit varies depending on the type of renewable energy project; solar, fuel cells ($1500/0.5 kW) and small wind (< 100 kW) are eligible for credit of 30% of the cost of development, with no maximum credit limit; there is a 10% credit for geothermal, microturbines (< 2 MW) and combined heat and power plants (< 50 MW). The ...
A non-domiciled UK resident earning less than £2,000 in a year outside the UK does not pay tax on this unless it is transferred to the UK. This would apply to the typical person taking up a temporary job in the UK, being paid, and paying tax on it, in the UK, with possible additional small earnings in the home country.
Its counterpart for drivers in Northern Ireland is the Driver and Vehicle Agency. The agency issues driving licences, organises collection of vehicle excise duty (also known as road tax [2] and road fund licence) and sells personalised registrations. The DVLA is an executive agency of the Department for Transport. The current Chief Executive of ...
Highways Act 1980 (England and Wales); Roads (Scotland) Act 1984 (Scotland); Road Traffic Regulation Act 1984; Road Traffic Act 1988 [1]; Road Traffic Offenders Act 1988; Traffic Signs Regulations and General Directions, initially introduced on 1 January 1965
The employee can still make the tax savings because the hire payments can be made from their gross salary via a salary sacrifice scheme. Office of Fair Trading (OFT): Group consumer credit licence (expired) Consumer Credit Licences ceased to exist with the closure of the Office of Fair Trading (OFT) on 31 March 2014. The Financial Conduct ...