Finance Act 2005

Finance Act 2005

The Finance Act 2005 is an Act of the United Kingdom Parliament prescribing changes to Excise Duties; Value Added Tax; Income Tax; Corporation Tax; and Capital Gains Tax. It enacts the 2005 Budget speech made by Chancellor of the Exchequer Gordon Brown to the Parliament of the United Kingdom.

In the UK, the "Chancellor" delivers an annual Budget speech outlining changes in spending, tax and duty. The respective year's Finance Act is the mechanism to enact the changes.

The rules governing the various taxation methods are contained within the various taxation acts. (For instance Capital Gains Tax Legilation is contained within Taxation of Chargeable Gains Act 1992.The Finance Act details amendments to be made to each one of these Acts.


Wikimedia Foundation. 2010.

Игры ⚽ Нужна курсовая?

Look at other dictionaries:

  • Electoral Finance Act — Infobox NZ Legislation short title=Electoral Finance Act 2007 long title=The purpose of this Act is to strengthen the law governing electoral financing and broadcasting, in order to (a) maintain public and political confidence in the… …   Wikipedia

  • European Communities (Finance) Act 2008 — Infobox UK Legislation short title= European Communities (Finance) Act 2008 parliament=Parliament of the United Kingdom long title=An Act to amend the definition of “the Treaties” and “the Community Treaties” in section 1(2) of the European… …   Wikipedia

  • Citation of Constitutional Laws Act, 2005 — Act to change the manner of referring to the Constitution of the Republic of South Africa, 1996, and to laws amending it; to substitute the short titles of laws amending the Constitution of the Republic of South Africa, 1996; and to provide for… …   Wikipedia

  • 2005 New Zealand election funding controversy — The 2005 New Zealand election funding controversy occurred in the aftermath of the 2005 New Zealand general election.Under New Zealand s political system, parties may only spend, during the 90 days before the election, up to a certain amount on… …   Wikipedia

  • 2005 in the United Kingdom — Events from the year 2005 in the United Kingdom.Incumbents*Monarch HM Queen Elizabeth II *Prime Minister Tony Blair, Labour PartyEventsJanuary* 1 January ** New Year s celebrations all over the UK fall silent for two minutes as a mark of respect… …   Wikipedia

  • 2005 in Africa — 2006 in Africa 2007 in AfricaInternational organisationsAfrican Union* The first summit of heads of state of the African Union s Peace and Security Council was held in Libreville (Gabon) on January 10 and January 11 2005. The summit focused on… …   Wikipedia

  • Finance capitalism — is a term in Marxian political economics defined as the subordination of processes of production to the accumulation of money profits in a financial system. [ Capitalism by John Scott and Gordon Marshall in A Dictionary of Sociology Oxford… …   Wikipedia

  • Finance Bank Zambia — Ltd Rechtsform GmbH Gründung um 1985 Sitz Lusaka Leitung Dr. Rajan L. Mahtani Mitarbeiter 576 (31. Dezember 2005) Umsatz …   Deutsch Wikipedia

  • act of God — often cap A: an extraordinary natural event (as a flood or earthquake) that cannot be reasonably foreseen or prevented compare force majeure, inevitable accident, unavoidable accident ◇ It is a defense against liability for injury if the injury… …   Law dictionary

  • 2005 in New Zealand — At the beginning of 2005, the news was dominated by the recent Boxing Day Tsunami . New Zealanders gave time and $25 million (money and goods) for relief in the areas affected.The Foreshore and seabed legislation came into effect and was… …   Wikipedia

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”