Finance Act

(redirected from Finance Act 1982)

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 may well be a case where the Audit Office considers imposing a "surcharge" on council executives under sections 19 and 20 of the Local Government Finance Act 1982, unless good reasons are forthcoming to support the recommendations made to adopt co-mingled waste collections.