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Audit Of Assumptions For The 2003 Pre Budget
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Book Synopsis Audit of Assumptions for the 2005 Pre-budget Report by : Great Britain: National Audit Office
Download or read book Audit of Assumptions for the 2005 Pre-budget Report written by Great Britain: National Audit Office and published by The Stationery Office. This book was released on 2005-12-05 with total page 50 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report by the National Audit Office, made under sections 156 and 157 of the Finance Act 1998, examines the conventions and assumptions underlying the Treasury's fiscal projections within the Pre-Budget Report 2005 (Cm 6701 ISBN 0101670125).
Book Synopsis Audit of Assumptions for Budget 2006 by : Great Britain: National Audit Office
Download or read book Audit of Assumptions for Budget 2006 written by Great Britain: National Audit Office and published by The Stationery Office. This book was released on 2006-03-22 with total page 24 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report by the National Audit Office, made under sections 156 and 157 of the Finance Act 1998, examines the conventions and assumptions underlying the Treasury's fiscal projections within the 2006 Budget (HCP 968, session 2005-06; ISBN 0102937311).
Book Synopsis Audit of assumptions for budget 2007 by : Great Britain: National Audit Office
Download or read book Audit of assumptions for budget 2007 written by Great Britain: National Audit Office and published by The Stationery Office. This book was released on 2007-03-21 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report by the National Audit Office, made under sections 156 and 157 of the Finance Act 1998, examines the conventions and assumptions underlying the Treasury's fiscal projections within the 2007 Budget (HCP 342, session 2006-07; ISBN 9780102944556).
Book Synopsis Audit of assumptions for the 2003 Pre-Budget by : Great Britain. National Audit Office
Download or read book Audit of assumptions for the 2003 Pre-Budget written by Great Britain. National Audit Office and published by . This book was released on 2003 with total page 16 pages. Available in PDF, EPUB and Kindle. Book excerpt: Audit of assumptions for the 2003 pre-budget Report
Book Synopsis Budget 2005 by : Great Britain. Treasury
Download or read book Budget 2005 written by Great Britain. Treasury and published by The Stationery Office. This book was released on 2005 with total page 346 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Budget presents an updated assessment of the economy and public finances and reports on Government policies. It: shows that the economy is growing strongly and the Government is meeting its fiscal rules; announces a long-term investment programme for schools and sets out further measures to help young people develop skills; sets out reform to reduce the regulatory burden on business; announces free local travel for people over 60 and provide £200 towards the council tax bill for those over 65; makes a commitment to increase Child Tax Credit in line with earnings; doubles the threshold for stamp duty; increases the special reserve for military operations; announces a better targeted Local Enterprise Growth Initiative; introduces measures to modernise the tax system; defers any increase in fuel duty until September 2005.
Book Synopsis Audit of Assumptions for Budget 2009 by : National Audit Office
Download or read book Audit of Assumptions for Budget 2009 written by National Audit Office and published by The Stationery Office. This book was released on 2009 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Chancellor of the Exchequer asked the National Audit Office to audit two new assumptions underlying the Treasury's fiscal projections within the 2009 Budget (HC 407, session 2008-09, ISBN 9780102959161). Firstly, to assess if the 2008 Pre-Budget report assumption for the trend rate of growth, allowing for a downward adjustment to the trend output level of around 4 per cent, for the post-2006 period, together with the further downward adjustment at Budget 2009 to the trend output level of around 1 per cent, is reasonable and cautious. Secondly, to examine whether the approach used by the Treasury to produce estimates of the fiscal aggregates adjusted for the effects of the economic cycle is reasonable.
Book Synopsis Budget 2006 by : Great Britain. Treasury
Download or read book Budget 2006 written by Great Britain. Treasury and published by The Stationery Office. This book was released on 2006-03-22 with total page 316 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Budget sets out the Government's plans for taxation, public spending and economic growth for the coming year. Details announced include: an annual growth rate of 2.5 per cent for 2006-07 with a forecast of 2.75 to 3.25 per cent for 2007-08; an inflation rate of two per cent this year; and public sector borrowing on course for a £16bn surplus over the economic cycle ending in 2010-11, with net borrowing set at £37 billion for this year and £36 billion next year, falling to £23 billion in the year to 2010-11. Measures announced in the 2006 Budget include: i) the climate change levy to be indexed in line with inflation from 2007, a new vehicle excise duty rate of £210 for the least fuel efficient cars (4x4 cars or SUVs) and the establishment of a new £1bn energy and environmental research institute funded by government and private industry; ii) measures to help to single parents into work and tackle child poverty including an increase in child benefit, child tax credit and childcare vouchers and a top-up to child trust fund accounts at the age of seven; iii) an increase in duty of nine pence on cigarettes and one pence on beer, with a freeze in duty on whisky and other spirits; iv) the exemption on stamp duty raised to £125,000 and a rise in the level of inheritance tax from £275,000 to £325,000; v) the level of investment in schools to rise from £5.6 billion to £8 billion a year; vi) free off peak national bus travel for pensioners in every part of the country; and vii) funding, in partnership with commercial sponsorship, to support top athletes to prepare for the 2012 Olympics.
Download or read book Opportunity for All written by and published by The Stationery Office. This book was released on 2004 with total page 268 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Investing in Britain's potential by : Great Britain. Treasury
Download or read book Investing in Britain's potential written by Great Britain. Treasury and published by The Stationery Office. This book was released on 2006-12-06 with total page 276 pages. Available in PDF, EPUB and Kindle. Book excerpt: The 2006 Pre-Budget Report presents updated assessments and forecasts of the economy and public finances; the effects of policies on long-term governmental goals; and reforms being considered ahead of the Budget. It is organised under 6 main headings: maintaining macroeconomic stability; meeting the productivity challenge; increasing employment opportunity for all; building a fairer society; delivering high quality public services; protecting the environment. Amongst the measures discussed are: making Child Benefit available from week 29 of pregnancy; increasing enforcement measures for the National Minimum Wage; a target of 3% savings in central and local government; increasing capital investment in education from £8.3 billion in 2007-8 to £10.2 billion in 2010-11; taking forward recommendations of the Leitch Review on skills (ISBN 0118404865); and an increase in air passenger duty.
Book Synopsis Budget 2007 by : Great Britain. Treasury
Download or read book Budget 2007 written by Great Britain. Treasury and published by The Stationery Office. This book was released on 2007-03-21 with total page 332 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Budget sets out the Government's plans for taxation, public spending and economic growth for the coming year. It focuses on providing support for pensioners and families, increasing employment opportunities and protecting the environment. Measures announced in the 2007 Budget include: basic rate of income tax to be reduced from 22 pence to 20 pence from April 2008; higher rate income tax threshold to be raised by £800 a year in April 2009; Working Tax Credit threshold to be increased by £1200 to £6420 in April 2008; higher personal allowances for those aged 65 or over to be raised by £1180 in April 2008; Child Tax Credit to be increased by £150 per year in April 2008 and Child Benefit for the eldest child to be raised to £20 a week in April 2010; headline Corporation Tax to be lowered from 30 per cent to 28 per cent from April 2008; increase of 2 pence per litre in fuel duty rates from 1 October 2007; changes to Vehicle Excise Duty for the next three years, with rates for the most polluting cars rising to £400 and for clean cars falling to £35; duty on beer and cider rises to 1p a pint, 5p for wine, 11p for cigarettes; Inheriatnce Tax threshold will rise from £285,000 to £350,000 in 2010; ISA savings limit up from £3,000 to £3,600; measures to improve energy efficiency of all homes by the end of the next decade.
Book Synopsis Audit of assumptions for budget 2010 by : Great Britain: National Audit Office
Download or read book Audit of assumptions for budget 2010 written by Great Britain: National Audit Office and published by The Stationery Office. This book was released on 2010-03-24 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report examines the conventions and assumptions underlying the fiscal projections within the 2010 Budget (HC 451, session 2009-10, ISBN 9780102964639) that are submitted by the Treasury for examination, along with a review of assumptions on the VAT gap, tobacco revenues, factor shares in national income and funding (debt increase)
Book Synopsis Economic and Fiscal Strategy Report and Financial Statement and Budget Report by : Great Britain
Download or read book Economic and Fiscal Strategy Report and Financial Statement and Budget Report written by Great Britain and published by . This book was released on 2005 with total page 308 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author :Great Britain: Parliament: House of Commons: Treasury Committee Publisher :The Stationery Office ISBN 13 :0215027078 Total Pages :172 pages Book Rating :4.2/5 (15 download)
Book Synopsis The 2005 Pre-budget Report by : Great Britain: Parliament: House of Commons: Treasury Committee
Download or read book The 2005 Pre-budget Report written by Great Britain: Parliament: House of Commons: Treasury Committee and published by The Stationery Office. This book was released on 2006-01-25 with total page 172 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Committee's report examines the Government's Pre-Budget Report 2005 (Cm. 6701, ISBN 0101670125) published in December 2005. Issues discussed include: the state of the economy (including the UK Presidency of the G8, UK economic growth estimates for 2006 and beyond, and consumer spending) and public finance matters; as well as issues relating to taxation and pensions. Recommendations made include that the Treasury should give at least four weeks notice of the date of the Pre-Budget Report in order to enable sufficient parliamentary scrutiny, and if this target is not met, the Treasury should give an account of the reasons why.
Author :Great Britain: Parliament: House of Commons: Treasury Committee Publisher :The Stationery Office ISBN 13 :0215032128 Total Pages :168 pages Book Rating :4.2/5 (15 download)
Book Synopsis The 2006 pre-budget report by : Great Britain: Parliament: House of Commons: Treasury Committee
Download or read book The 2006 pre-budget report written by Great Britain: Parliament: House of Commons: Treasury Committee and published by The Stationery Office. This book was released on 2007-01-25 with total page 168 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report from the Treasury Committee examines the recent economic analysis and assessment of the UK economy as outlined in the 2006 pre-budget report, and sets out a number of conclusions and recommendations, including: the Committee welcomes the recent rise in the growth rate of business investment, but with the caveat that the downside risk as highlighted in a previous weakness for business investment, remains unexplained; that several risks exist around the consumption growth forecast, including the potential of house prices to fall, and the increase of personal insolvency; the employment rate rise is commended, but a lack of migration statistics in relation to the labour market, means an overall assessment is not possible; although an improved forecast for economic growth in 2006, the Treasury has not forecast an improvement in the fiscal position; the Government appears to be on track to meet the golden rule in the current economic cycle, but will start the next economic cycle with its current budget in deficit; the Committee recommends also that the Treasury, in future Budgets and Pre-Budget reports provide a fuller explanation of its current forecast of the start and end dates of the current economic cycle; also, future Budget and Pre-Budget reports should provide a breakdown of reported efficiency gains by department, and further to enhance transparency and enable effective scrutiny, the Treasury should require departments in their departmental annual reports and Autumn Performance reports in 2007 and in later years to provide consistent and comprehensive information on progress against efficiency targets; the Committee expressed dissatisfaction at the lateness and vagueness of information in relation to expenditure on education, but approved the early announcement of capital spending plans for education up to 2010-11; the Committee though does welcome the Government's decision to commission and publish a range of reviews informing future economic policy, including tax policy; the Pre-Budget report is seen as an effective instrument of fiscal consultation, but this could be enhanced if Parliament and the public were given greater notice of the date of the report, perhaps 4 weeks before the statement is due to be made; where tax changes carry significant risk of forestalling activity or distorting market behaviour, such as the unusual timing and implementation of the increases in Air Passenger Duty, the Committee feels, as a general rule, that those increases should not come into force until the House of Commons has had an opportunity to come to a formal decision on such an increase.
Author :Great Britain: Parliament: House of Commons: Treasury Committee Publisher :The Stationery Office ISBN 13 :9780215028570 Total Pages :116 pages Book Rating :4.0/5 (285 download)
Book Synopsis The 2006 Budget by : Great Britain: Parliament: House of Commons: Treasury Committee
Download or read book The 2006 Budget written by Great Britain: Parliament: House of Commons: Treasury Committee and published by The Stationery Office. This book was released on 2006-05-02 with total page 116 pages. Available in PDF, EPUB and Kindle. Book excerpt: 2006 Budget : Fourth report of session 2005-06, Vol. 2: Oral and written Evidence
Book Synopsis Journals of the House of Commons by : Great Britain. Parliament. House of Commons
Download or read book Journals of the House of Commons written by Great Britain. Parliament. House of Commons and published by . This book was released on 2003 with total page 744 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Social Policy written by John Baldock and published by Oxford University Press. This book was released on 2007-03 with total page 770 pages. Available in PDF, EPUB and Kindle. Book excerpt: Designed for use by undergraduates on social policy, social work and sociology courses and by students on vocational training courses (including postgraduate), this textbook covers all the main topics of social policy.
