Finance Act

(redirected from Finance Act 1990)

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 ?
According to article seven of Khyber Pakhtunkhwa finance Act 1990 professional tax belonged to all government salary class people.
The scheme was introduced in the Finance Act 1990 and saw GBP10m claimed in its initial year.
The Finance Act 1990 now revives sub-section (18) in a modified form, substituting Rs.