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House of Commons
Session 2001-02
Publications on the internet
Treasury Committee Publications

Treasury - Second Report

Here you can browse the report together with the Proceedings of the Committee. The published report was ordered by the House of Commons to be printed 29 April 2002.


CONTENTS


Terms of Reference

  

REPORT

Introduction  

The economy

The recent past

The outlook for the UK economy

Unbalanced growth  

Revised estimate of the trend rate of growth

The potential for productivity improvements

Timing of the announcement

Fiscal policy

Assumptions underlying the fiscal projections

The Public Finances

Scope of the projections

The Treasury's fiscal rules

Compliance with the Stability and Growth Pact

Tax receipts

The forthcoming Spending Review

The issue of underspending

Fiscal stance

The impact of the Budget on monetary policy

Health Spending

Tax measures

Personal Taxes

National Insurance Contributions

Tax Credits

Taper

Business Taxes

Measures to modernise the taxation of foreign companies operating in the UK through branches

Film tax relief

Changes to the North Sea tax regime

The new research and development tax credit


SUMMARY OF CONCLUSIONS AND RECOMMENDATIONS

PROCEEDINGS OF THE COMMITTEE RELATING TO THE REPORT

LIST OF WITNESSES

LIST OF MEMORANDA INCLUDED IN THE MINUTES OF EVIDENCE

LIST OF APPENDICES TO THE MINUTES OF EVIDENCE



MINUTES OF EVIDENCE - VOLUME II (HC 780-II)




APPENDICES TO THE MINUTES OF EVIDENCE - VOLUME II (HC 780-II)




 
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