Knowledge (XXG)

Selective Employment Tax

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SET was intended to subsidise manufacturing industry from the proceeds of the services industries, to help exports. At the end of each accounting period, manufacturing companies would have their SET payments refunded, along with a 7s 6d bounty or premium per employee (SEP). The premium was withdrawn
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bets (where a horse is placed in the first two or three, depending on the number of runners) from a quarter the odds to a fifth the odds. However, the previous, larger payouts were never restored when the tax ended.
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An Act to provide for payments in certain circumstances in respect of persons in respect of whom selective employment tax has been paid; and for connected purposes.
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The Regional Employment Premiums (Termination of Payment and Consequential Provisions) Order 1976
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of 1970–1974. Regional Employment Premiums were withdrawn as part of the response to the
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SET was designed to be a tax on those companies that did not boost UK exports.
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was introduced payable at fixed amounts for employees still eligible for SEP.
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used the introduction of this tax as a reason to reduce the payout on some
68: 37: 322:, Colin Wren, University of Newcastle upon Tyne, October 2004 163:(c. 32). It was dropped in favour of the introduction of 34:. It was levied against employers at a flat rate of 144: 134: 129: 116: 106: 80: 8: 77: 452:1966 establishments in the United Kingdom 177: 310: 432:Selective Employment Payments Act 1966 160:Selective Employment Payments Act 1966 82:Selective Employment Payments Act 1966 146:Text of statute as originally enacted 7: 457:Manufacturing in the United Kingdom 319:Regional Grants: Are They Worth It? 153:This tax was introduced during the 14: 100:Parliament of the United Kingdom 93: 415:"Selective Employment Tax 1971" 401:"Selective Employment Tax 1969" 387:"Selective Employment Tax 1968" 54:assisted areas (United Kingdom) 447:Taxation in the United Kingdom 1: 16:Payroll levy in 1960s Britain 337:The Cabinet Papers 1915-1984 58:Regional Employment Premium 473: 75:United Kingdom legislation 157:in 1966, by means of the 92: 87: 20:Selective Employment Tax 179:SET Contribution Rates 65:High-street bookmakers 341:The National Archives 155:first Wilson ministry 173:1976 sterling crisis 180: 373:"Finance Act 1966" 178: 302: 301: 151: 150: 88:Act of Parliament 56:in 1967, while a 464: 419: 418: 411: 405: 404: 397: 391: 390: 383: 377: 376: 369: 363: 358: 352: 351: 349: 347: 333:"Reform and VAT" 329: 323: 315: 181: 162: 161: 97: 96: 83: 78: 47: 40: 472: 471: 467: 466: 465: 463: 462: 461: 437: 436: 428: 423: 422: 413: 412: 408: 399: 398: 394: 385: 384: 380: 371: 370: 366: 359: 355: 345: 343: 331: 330: 326: 316: 312: 307: 159: 158: 102: 94: 81: 76: 42: 35: 26:) was a weekly 17: 12: 11: 5: 470: 468: 460: 459: 454: 449: 439: 438: 435: 434: 427: 426:External links 424: 421: 420: 406: 392: 378: 364: 353: 324: 309: 308: 306: 303: 300: 299: 296: 293: 290: 287: 283: 282: 279: 276: 273: 270: 266: 265: 262: 259: 256: 253: 249: 248: 245: 242: 239: 236: 232: 231: 228: 225: 222: 219: 215: 214: 211: 208: 205: 202: 198: 197: 196:Girl under 18 194: 191: 188: 185: 184:Effective Date 169:Heath ministry 149: 148: 142: 141: 138: 132: 131: 127: 126: 120: 114: 113: 110: 104: 103: 98: 90: 89: 85: 84: 74: 32:United Kingdom 15: 13: 10: 9: 6: 4: 3: 2: 469: 458: 455: 453: 450: 448: 445: 444: 442: 433: 430: 429: 425: 416: 410: 407: 402: 396: 393: 388: 382: 379: 374: 368: 365: 362: 357: 354: 342: 338: 334: 328: 325: 321: 320: 314: 311: 304: 297: 294: 291: 288: 285: 284: 280: 277: 274: 271: 268: 267: 263: 260: 257: 254: 251: 250: 246: 243: 240: 237: 234: 233: 229: 226: 223: 220: 217: 216: 212: 209: 206: 203: 200: 199: 195: 192: 190:Woman over 18 189: 186: 183: 182: 176: 174: 170: 166: 156: 147: 143: 140:9 August 1966 139: 137: 133: 128: 124: 121: 119: 115: 111: 109: 105: 101: 91: 86: 79: 73: 70: 66: 61: 59: 55: 49: 46: 41:per man, and 39: 33: 29: 25: 21: 409: 395: 381: 367: 356: 344:. Retrieved 336: 327: 318: 313: 193:Boy under 18 152: 136:Royal assent 62: 57: 50: 23: 19: 18: 346:25 February 269:5 July 1971 252:15 Feb 1971 235:7 July 1969 218:2 Sept 1968 201:5 Sept 1966 187:Man over 18 48:per woman. 28:payroll tax 441:Categories 305:References 286:2 Apr 1973 108:Long title 118:Citation 69:each-way 52:outside 167:by the 30:in the 281:£0.40 264:£0.80 227:18s 9d 224:18s 9d 221:37s 6d 210:12s 6d 207:12s 6d 278:£0.60 275:£0.60 272:£1.20 261:£1.20 258:£1.20 255:£2.40 130:Dates 125:c. 32 43:12s 6 348:2014 247:16s 230:12s 123:1966 244:24s 241:24s 238:48s 213:8s 204:25s 165:VAT 24:SET 443:: 339:. 335:. 298:0 175:. 36:25 417:. 403:. 389:. 375:. 350:. 295:0 292:0 289:0 45:d 38:s 22:(

Index

payroll tax
United Kingdom
s
d
assisted areas (United Kingdom)
High-street bookmakers
each-way
Parliament of the United Kingdom
Long title
Citation
1966
Royal assent
Text of statute as originally enacted
first Wilson ministry
VAT
Heath ministry
1976 sterling crisis
Regional Grants: Are They Worth It?
"Reform and VAT"
The National Archives
The Regional Employment Premiums (Termination of Payment and Consequential Provisions) Order 1976
"Finance Act 1966"
"Selective Employment Tax 1968"
"Selective Employment Tax 1969"
"Selective Employment Tax 1971"
Selective Employment Payments Act 1966
Categories
Taxation in the United Kingdom
1966 establishments in the United Kingdom
Manufacturing in the United Kingdom

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