Finance Act

Finance Act
/'faɪnæns ækt/ noun GB
an annual Act of Parliament which gives the government the power to obtain money from taxes as proposed in the Budget

Dictionary of banking and finance. 2015.

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  • Finance Act — ˈFinance ˌAct noun LAW in Britain, the law that puts into effect the decisions announced by the Chancellor (= the British finance minister) in the budget (= the plans for government taxation, borrowing, and spending for the coming year): • The… …   Financial and business terms

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  • Finance Act 2005 — The Finance Act 2005 is an Act of the United Kingdom Parliament prescribing changes to Excise Duties; Value Added Tax; Income Tax; Corporation Tax; and Capital Gains Tax. It enacts the 2005 Budget speech made by Chancellor of the Exchequer Gordon …   Wikipedia

  • Finance Act 2006 — The Finance Act 2006 is an Act of the United Kingdom Parliament prescribing changes to Excise Duties; Value Added Tax; Income Tax; Corporation Tax; and Capital Gains Tax. It enacts the 2006 Budget speech made by Chancellor of the Exchequer Gordon …   Wikipedia

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