Finance Act

(redirected from Finance Act 1989)

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 ?
ISLAMABAD -- In order to create awareness about different Withholding Provisions of the Income Tax Ordinance 2001 and the Finance Act 1989 pertaining to transfer / registration of immovable property, a seminar was arranged by the Regional Tax Office, Islamabad on Wednesday.
Interest earned on capital is guaranteed under section 65ZD of the Public Finance Act 1989," Moody's said.
This clause has been modified by Finance Act 1989 and in assessment year 1989-90.