• Various accreditation schemes had started, but it would be impractical to set up an over-arching one for all gap years, such was the diversity of young people's activities.

    BBC: Many young people take gap years to try new experiences

  • The big gap between the headline and effective marginal tax rates reflects the large number of allowances given to firms for doing particular activities, such as research and development.

    ECONOMIST: Tax reform

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