In the United Kingdom, taxation may involve payments to at least three different levels of government: central government, devolved governments and local government. Central government revenues come primarily from income tax, National Insurance contributions, value added tax, corporation tax and fuel duty. Local government revenues come primarily from grants from central government funds, business rates in England, Council Tax and increasingly from fees and charges such as those for on-street parking. In the fiscal year 2014–15, total government revenue was forecast to be £648 billion, or 37.7 per cent of GDP, with net taxes and National Insurance contributions standing at £606 billion.
Goods and Services Tax (GST) in Australia is a value added tax of 10% on most goods and services sales, with some exemptions and concessions. GST is levied on most transactions in the production process, but is in many cases refunded to all parties in the chain of production other than the final consumer.
An ad valorem tax is a tax whose amount is based on the value of a transaction or of a property. It is typically imposed at the time of a transaction, as in the case of a sales tax or value-added tax (VAT). An ad valorem tax may also be imposed annually, as in the case of a real or personal property tax, or in connection with another significant event. In some countries, a stamp duty is imposed as an ad valorem tax.
A Finance Act is the headline fiscal (budgetary) legislation enacted by the UK Parliament, containing multiple provisions as to taxes, duties, exemptions and reliefs at least once per year, and in particular setting out the principal tax rates for each fiscal year.
IR35 is the United Kingdom's anti-avoidance tax legislation, the intermediaries legislation contained in Chapter 8 of Income Tax Act 2003. The legislation is designed to tax 'disguised' employment at a rate similar to employment. In this context, "disguised employees" means workers who receive payments from a client via an intermediary, i.e. their own limited company, and whose relationship with their client is such that had they been paid directly they would be employees of the client.
The State Hospital is a psychiatric hospital in the village of Carstairs, in South Lanarkshire, Scotland. It provides care and treatment in conditions of high security for patients from Scotland and Northern Ireland. The hospital is managed by the State Hospitals Board for Scotland which is a public body accountable to the First Minister of Scotland through the Scottish Government Health and Social Care Directorates. It is a Special Health Board, part of the NHS Scotland and the only hospital of its kind within Scotland.
Gloucestershire Hospitals NHS Foundation Trust runs Gloucestershire Royal Hospital, an NHS district general hospital in Great Western Road, Gloucester, England. It serves western and southern Gloucestershire and parts of Herefordshire. It also runs Cheltenham General Hospital. The trust is currently under the leadership of chair Peter Lachecki and chief executive Deborah Lee.
Salisbury NHS Foundation Trust is an NHS foundation trust based in Salisbury that covers South Wiltshire, North and East Dorset and South West Hampshire. It gained foundation trust status in 2006. Its main site is Salisbury District Hospital, a large general hospital.
The Royal Berkshire NHS Foundation Trust is an NHS foundation trust responsible for the management of the Royal Berkshire Hospital in Reading, Berkshire, as well as the Prince Charles Eye Unit and the Dialysis Unit, both in Windsor; Bracknell Healthspace, Townlands Hospital in Henley-on-Thames, and West Berkshire Community Hospital, which is between Newbury and Thatcham.
The European Union value-added tax is a value added tax on goods and services within the European Union (EU). The EU's institutions do not collect the tax, but EU member states are each required to adopt in national legislation a value added tax that complies with the EU VAT code. Different rates of VAT apply in different EU member states, ranging from 17% in Luxembourg to 27% in Hungary. The total VAT collected by member states is used as part of the calculation to determine what each state contributes to the EU's budget.
The tax system of Andorra has evolved according to the country's economic activity and structure, and the tax bases have been expanded to optimally distribute the weight of the tax burden, going from an almost exclusively indirect tax system to a system with direct taxation that can be approved at the international level. Despite its taxes, Andorra ceased to be a tax haven for its neighboring countries years ago, and for the European Union and OECD recently.
Taxation may involve payments to a minimum of two different levels of government: central government through SARS or to local government. Prior to 2001 the South African tax system was "source-based", where in income is taxed in the country where it originates. Since January 2001, the tax system was changed to "residence-based" wherein taxpayers residing in South Africa are taxed on their income irrespective of its source. Non residents are only subject to domestic taxes.
In the United Kingdom, the value added tax (VAT) 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.
VAT was introduced very beginning in year on year value added tax (VAT) into the Indian taxation system from 1 April 2005. The existing general sales tax laws were replaced with the Value Added Tax Act (2005) and associated VAT rules.
Gateshead Health NHS Foundation Trust runs the Queen Elizabeth Hospital, Gateshead, QE Metro Riverside and some services at Bensham Hospital, within Gateshead, Tyne and Wear, England. They also run services from Blaydon Primary Care Centre and Washington Primary Care Centre.
University Hospital Southampton NHS Foundation Trust is an NHS foundation trust which operates the Southampton General Hospital, the Princess Anne Hospital, Southampton Children’s Hospital, and the New Forest Birth Centre at Ashurst, Hampshire. It also provides a few services at the Royal South Hants Hospital and previously operated Countess Mountbatten House, a palliative care service at Moorgreen Hospital, which has since been renamed Mountbatten Hampshire.
A value-added tax (VAT), known in some countries as a goods and services tax (GST), is a type of tax that is assessed incrementally. It is levied on the price of a product or service at each stage of production, distribution, or sale to the end consumer. If the ultimate consumer is a business that collects and pays to the government VAT on its products or services, it can reclaim the tax paid. It is similar to, and is often compared with, a sales tax. VAT is an indirect tax because the person who ultimately bears the burden of the tax is not necessarily the same person as the one who pays the tax to the tax authorities.
Tampon tax is a popular term used to call attention to tampons, and other feminine hygiene products, being subject to value-added tax (VAT) or sales tax, unlike the tax exemption status granted to other products considered basic necessities. Proponents of tax exemption argue that tampons, sanitary napkins, menstrual cups and comparable products constitute basic, unavoidable necessities for women, and any additional taxes constitute a pink tax.
The Birmingham Women's and Children's NHS Foundation Trust is responsible for managing Birmingham Women's Hospital and Birmingham Children's Hospital. It was created by a merger of Birmingham Women's NHS Foundation Trust with Birmingham Children's Hospital NHS Foundation Trust in February 2017.
The 1994 United Kingdom budget was delivered by Kenneth Clarke, the Chancellor of the Exchequer, to the House of Commons on 29 November 1994. It was the second budget to be presented by Clarke since his appointment as chancellor the previous year, and its central focus was a planned £24bn worth of tax cuts. Clarke also renewed his commitment to increasing Value Added Tax (VAT) on fuel, but pledged to soften the impact this would have on pensioners. The statement took place shortly after the Party Whip had been withdrawn from eight Conservative backbenchers, leaving the government without a working majority, and amid questions about the future of John Major's leadership of the party. In response to the budget, Tony Blair, leader of the Labour Party, said it would be remembered as the "VAT on fuel budget".
