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[133] [134] [135] The provision of affordable rent is meant to compensate for the drastically reduced central government subsidy for new social housing (an average of £20,000 per home in 2012 versus £60,000 per home under the previous National Affordable Housing Programme 2008–2011), allowing housing associations and local authorities to ...
Pension tax simplification, sometimes referred to as pension simplification was a British overhaul in 2006 of taxation rules for United Kingdom pension schemes.The aim was to reduce the complicated patchwork of legislation built-up by successive administrations which were seen as acting as a barrier to the public when considering retirement planning.
The government then releases this data in a large consolidated document titled "Central Government Supply Estimates (Budget Year-Following Year): Main Supply Estimates" [4] The government reserves the right to submit "Supplementary Estimates" in the spring and winter of a given fiscal year to update its agencies' spending totals for the current ...
A spending review for the years 2011/12 through to 2014/15 was announced by the coalition government. This review was driven by a desire to reduce government spending in order to cut the budget deficit. [7] Chancellor of the Exchequer George Osborne announced the details of the spending review on 20 October 2010. [8]
Average government spending per person is higher in Scotland, Wales and Northern Ireland than it is in England. In financial year 2021–22, spending per head in England was £15.2k, whereas in Scotland it was £17.7k, in Wales it was £16.9k and in Northern Ireland it was £17.5k. [4]
The policy was first trailed to include: [18] [1] [15] Investment in towns, cities, and rural and coastal areas through use of local growth deals; Giving those areas more control of how investment is made; Levelling up skills using apprenticeships and a £3 billion National Skills Fund; Helping the farming and fishing industries; and
The PPF pays two levels of compensation which are set out in legislation:[6] • If members are over the normal pension age of the scheme, or are in receipt of a spouses, dependants or ill health pension they will receive 100 per cent of the pension in payment when the company entered insolvency. • If a member is an early retiree or under the ...
The benefit cap is a UK welfare policy that limits the amount in state benefits that an individual household can claim per year. It was introduced by the Cameron–Clegg coalition government in 2013 [1] as part of the coalition government's wide-reaching welfare reform agenda which included the introduction of Universal Credit and reforms of housing benefit and disability benefits.
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