Finance Act

(redirected from Finance Act 1989)
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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 clause has been modified by Finance Act 1989 and in assessment year 1989-90.