Finance Act


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Finance Act

Annual legislation in the United Kingdom making changes to the tax structure. The Finance Act may raise or lower taxes or provide tax incentives for various reasons, depending on the government's financial needs. The Finance Act is passed as part of the budget process each year.
References in periodicals archive ?
This year's Finance Act was the third longest ever, and was well up on the 363 pages contained in the act last year, when there were two Finance Acts, although it was down on 2004's record of 634 pages.
We also received 11 letters on the city of Eugene's proposed living wage ordinance and 10 on the Oregon Comprehensive Health Care Finance Act, which is on the November general election ballot.
In December, 1999 as word of a Michigan Municipal League (MML) petition drive to amend the State Constitution circulated in Lansing, the Michigan Chamber issued a statewide news release warning local government officials not to violate the Campaign Finance Act which prohibits using tax dollars for campaign activity.
The calendar shows a 180 billion FCfa bond release will be held in June 2014, which is the total amount approved by the 2014 Finance Act for Treasury bonds.
After its signature the finance bill will become finance act of the country.
On the other hand, the Department contended that while deciding the issue, the Commissioner (Appeals-I), Karachi and the Tribunal had not taken cognizance of the fact that a major change took place in First Schedule to the Income Tax Ordinance with regard to the application of tax rate for salaried persons through Finance Act, 2006.
Summary: Finance Minister Karim Djoudi presented Thursday before the Finance and Budget committee at the People's National Assembly (parliament) the ordinance relating to the complementary finance act 2010, in the presence of Minister for Relations with Parliament Mahmoud Khedri.
Algeria, 25 Aug: National Association of Algerian Economists has assured full support to the government action regarding the Supplementary Finance Act for 2009.
The roots of the new proposals are set in the Finance Act 2000, which relaxed the rules governing capital gains tax business asset taper relief.
For the second time this month, the Michigan Chamber of Commerce has learned that a local government has apparently violated Michigan's Campaign Finance Act.

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