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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 . VAT is levied on most goods and services ...
Tax revenues as a percentage of GDP for the UK in comparison to the OECD and the EU 15. In 1971, the top rate of income tax on earned income was cut to 75%. A surcharge of 15% on investment income kept the overall top rate on that income at 90%. In 1974 the top tax rate on earned income was again raised, to 83%.
The National Lottery. The National Lottery is the state- franchised national lottery established in 1994 in the United Kingdom. It is regulated by the Gambling Commission, and is currently operated by Allwyn Entertainment Ltd, who took over from Camelot Group (who had been running the National Lottery since its inception) on 1 February 2024.
YouTube is an American online video sharing platform owned by Google. Accessible worldwide, [note 1] YouTube was launched on February 14, 2005, by Steve Chen, Chad Hurley, and Jawed Karim, three former employees of PayPal. Headquartered in San Bruno, California, United States, it is the second most visited website in the world, after Google Search.
v. t. e. Corporation tax in the United Kingdom is a corporate tax levied in on the profits made by UK-resident companies and on the profits of entities registered overseas with permanent establishments in the UK. Until 1 April 1965, companies were taxed at the same income tax rates as individual taxpayers, with an additional profits tax levied ...
Live concert of the Gorillaz, April 2010. At the beginning of the 2000s a new style of electronic music, influenced heavily by hip hop and UK garage, and dubbed grime (sometimes called eskibeat or sublow), included acts such as Dizzee Rascal, Lady Sovereign, [33] Wiley, Sway DaSafo, Ghetto and Kano. [34]
Candidates might have been selected on either the old or the new boundaries. [2] At the deadline on 7 June 2024, a total of 132 MPs announced they were standing down at the election. [3] This included a record number of Conservative MPs. 29 former Members of Parliament intend to stand in the election. [4]
The number of Poland-born people resident in the UK increased from 60,711 in 2001 to an estimated 532,000 in the year to December 2010, whilst the population born in Lithuania increased from 4,363 to an estimated 87,000. [19] The most significant decrease in a foreign-born population resident in the UK between 2001 and 2010 is in the number of ...