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Prior to the formation of the Kingdom of Great Britain in 1707 and the United Kingdom in 1801, taxation had been levied in the countries that joined to become the UK. For example, in England, King John introduced an export tax on wool in 1203 and King Edward I introduced taxes on wine in 1275. Also in England, a Poor Law tax was established in ...
Corporation tax is a tax levied in the United Kingdom on the profits made by companies and on the profits of permanent establishments of non-UK resident companies and associations that trade in the EU. Corporation tax forms the fourth-largest source of government revenue (after income, NIC, and VAT).
Right to Buy. The Right to Buy scheme is a policy in the United Kingdom, with the exception of Scotland since 1 August 2016 and Wales from 26 January 2019, which gives secure tenants of councils and some housing associations the legal right to buy, at a large discount, the council house they are living in. [1] [2] [3] There is also a Right to ...
The 50% Rule in English faith school admissions introduced in 2010, stipulating that where newly established academies with a religious character are oversubscribed, at least 50% of their places would be open places, i.e. allocated without reference to faith. The rule is sometimes referred to as the Faith Cap on admissions. [1] [2] However, as the open places were just as accessible to faith ...
This is an article about the grading used below degree level in most of the United Kingdom. The entire United Kingdom does not use the same grading scheme (grades are referred to as marks (points) in the UK). For a degree level, see British undergraduate degree classification .
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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 on ...