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<span>Excise</span> </div> </a> <ul id="toc-Excise-sublist" class="vector-toc-list"> </ul> </li> <li id="toc-Specific_finance_acts" class="vector-toc-list-item vector-toc-level-1 vector-toc-list-item-expanded"> <a class="vector-toc-link" href="#Specific_finance_acts"> <div class="vector-toc-text"> <span class="vector-toc-numb">3</span> <span>Specific finance acts</span> </div> </a> <button aria-controls="toc-Specific_finance_acts-sublist" class="cdx-button cdx-button--weight-quiet cdx-button--icon-only vector-toc-toggle"> <span class="vector-icon mw-ui-icon-wikimedia-expand"></span> <span>Toggle Specific finance acts subsection</span> </button> <ul id="toc-Specific_finance_acts-sublist" class="vector-toc-list"> <li id="toc-Finance_Act_1910" class="vector-toc-list-item vector-toc-level-2"> <a class="vector-toc-link" href="#Finance_Act_1910"> <div class="vector-toc-text"> <span class="vector-toc-numb">3.1</span> <span>Finance Act 1910</span> </div> </a> <ul id="toc-Finance_Act_1910-sublist" class="vector-toc-list"> </ul> </li> <li id="toc-Finance_Act_1920" class="vector-toc-list-item vector-toc-level-2"> <a class="vector-toc-link" href="#Finance_Act_1920"> <div class="vector-toc-text"> <span class="vector-toc-numb">3.2</span> <span>Finance Act 1920</span> </div> </a> <ul id="toc-Finance_Act_1920-sublist" class="vector-toc-list"> </ul> </li> <li id="toc-Finance_Act_1946" class="vector-toc-list-item vector-toc-level-2"> <a class="vector-toc-link" href="#Finance_Act_1946"> <div class="vector-toc-text"> <span class="vector-toc-numb">3.3</span> <span>Finance Act 1946</span> </div> </a> <ul id="toc-Finance_Act_1946-sublist" class="vector-toc-list"> </ul> </li> <li id="toc-Finance_Act_1948" class="vector-toc-list-item vector-toc-level-2"> <a class="vector-toc-link" href="#Finance_Act_1948"> <div class="vector-toc-text"> <span class="vector-toc-numb">3.4</span> <span>Finance Act 1948</span> </div> </a> <ul id="toc-Finance_Act_1948-sublist" class="vector-toc-list"> </ul> </li> <li id="toc-Finance_Act_1963" class="vector-toc-list-item vector-toc-level-2"> <a class="vector-toc-link" href="#Finance_Act_1963"> <div class="vector-toc-text"> <span class="vector-toc-numb">3.5</span> <span>Finance Act 1963</span> </div> </a> <ul id="toc-Finance_Act_1963-sublist" class="vector-toc-list"> </ul> </li> <li id="toc-Finance_Act_1965" class="vector-toc-list-item vector-toc-level-2"> <a class="vector-toc-link" href="#Finance_Act_1965"> <div class="vector-toc-text"> <span class="vector-toc-numb">3.6</span> <span>Finance Act 1965</span> </div> </a> <ul id="toc-Finance_Act_1965-sublist" class="vector-toc-list"> </ul> </li> <li id="toc-Finance_Act_1972" class="vector-toc-list-item vector-toc-level-2"> <a class="vector-toc-link" href="#Finance_Act_1972"> <div class="vector-toc-text"> <span class="vector-toc-numb">3.7</span> <span>Finance Act 1972</span> </div> </a> <ul id="toc-Finance_Act_1972-sublist" class="vector-toc-list"> </ul> </li> <li id="toc-Finance_Act_1977" class="vector-toc-list-item vector-toc-level-2"> <a class="vector-toc-link" href="#Finance_Act_1977"> <div class="vector-toc-text"> <span class="vector-toc-numb">3.8</span> <span>Finance Act 1977</span> </div> </a> <ul id="toc-Finance_Act_1977-sublist" class="vector-toc-list"> </ul> </li> <li id="toc-Finance_Act_2000" class="vector-toc-list-item vector-toc-level-2"> <a class="vector-toc-link" href="#Finance_Act_2000"> <div class="vector-toc-text"> <span class="vector-toc-numb">3.9</span> <span>Finance Act 2000</span> </div> </a> <ul id="toc-Finance_Act_2000-sublist" class="vector-toc-list"> </ul> </li> <li id="toc-Finance_Act_2010" class="vector-toc-list-item vector-toc-level-2"> <a class="vector-toc-link" href="#Finance_Act_2010"> <div class="vector-toc-text"> <span class="vector-toc-numb">3.10</span> <span>Finance Act 2010</span> </div> </a> <ul id="toc-Finance_Act_2010-sublist" class="vector-toc-list"> </ul> </li> <li id="toc-Finance_(No._2)_Act_2010" class="vector-toc-list-item vector-toc-level-2"> <a class="vector-toc-link" href="#Finance_(No._2)_Act_2010"> <div class="vector-toc-text"> <span class="vector-toc-numb">3.11</span> <span>Finance (No. 2) Act 2010</span> </div> </a> <ul id="toc-Finance_(No._2)_Act_2010-sublist" class="vector-toc-list"> </ul> </li> <li id="toc-Finance_(No._3)_Act_2010" class="vector-toc-list-item vector-toc-level-2"> <a class="vector-toc-link" href="#Finance_(No._3)_Act_2010"> <div class="vector-toc-text"> <span class="vector-toc-numb">3.12</span> <span>Finance (No. 3) Act 2010</span> </div> </a> <ul id="toc-Finance_(No._3)_Act_2010-sublist" class="vector-toc-list"> </ul> </li> <li id="toc-Finance_(No._2)_Act_2017" class="vector-toc-list-item vector-toc-level-2"> <a class="vector-toc-link" href="#Finance_(No._2)_Act_2017"> <div class="vector-toc-text"> <span class="vector-toc-numb">3.13</span> <span>Finance (No. 2) Act 2017</span> </div> </a> <ul id="toc-Finance_(No._2)_Act_2017-sublist" class="vector-toc-list"> </ul> </li> <li id="toc-Finance_Act_2020" class="vector-toc-list-item vector-toc-level-2"> <a class="vector-toc-link" href="#Finance_Act_2020"> <div class="vector-toc-text"> <span class="vector-toc-numb">3.14</span> <span>Finance Act 2020</span> </div> </a> <ul id="toc-Finance_Act_2020-sublist" class="vector-toc-list"> </ul> </li> </ul> </li> <li id="toc-Full_title_of_the_act_including_preamble_and_enacting_formula" class="vector-toc-list-item vector-toc-level-1 vector-toc-list-item-expanded"> <a class="vector-toc-link" href="#Full_title_of_the_act_including_preamble_and_enacting_formula"> <div class="vector-toc-text"> <span class="vector-toc-numb">4</span> <span>Full title of the act including preamble and enacting formula</span> </div> </a> <ul id="toc-Full_title_of_the_act_including_preamble_and_enacting_formula-sublist" class="vector-toc-list"> </ul> </li> <li id="toc-See_also" class="vector-toc-list-item vector-toc-level-1 vector-toc-list-item-expanded"> <a class="vector-toc-link" href="#See_also"> <div class="vector-toc-text"> <span class="vector-toc-numb">5</span> <span>See also</span> </div> </a> <ul id="toc-See_also-sublist" class="vector-toc-list"> </ul> </li> <li id="toc-Notes_and_references" class="vector-toc-list-item vector-toc-level-1 vector-toc-list-item-expanded"> <a class="vector-toc-link" href="#Notes_and_references"> <div class="vector-toc-text"> <span class="vector-toc-numb">6</span> <span>Notes and references</span> </div> </a> <button aria-controls="toc-Notes_and_references-sublist" class="cdx-button cdx-button--weight-quiet cdx-button--icon-only vector-toc-toggle"> <span class="vector-icon mw-ui-icon-wikimedia-expand"></span> <span>Toggle Notes and references subsection</span> </button> <ul id="toc-Notes_and_references-sublist" class="vector-toc-list"> <li id="toc-Notes" class="vector-toc-list-item vector-toc-level-2"> <a class="vector-toc-link" href="#Notes"> <div class="vector-toc-text"> <span 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class="noprint">From Wikipedia, the free encyclopedia</div> </div> <div id="contentSub"><div id="mw-content-subtitle"><span class="mw-redirectedfrom">(Redirected from <a href="/w/index.php?title=Finance_Act_1989&redirect=no" class="mw-redirect" title="Finance Act 1989">Finance Act 1989</a>)</span></div></div> <div id="mw-content-text" class="mw-body-content"><div class="mw-content-ltr mw-parser-output" lang="en" dir="ltr"><div class="shortdescription nomobile noexcerpt noprint searchaux" style="display:none">Fiscal legislation enacted by the UK Parliament</div> <style data-mw-deduplicate="TemplateStyles:r1236090951">.mw-parser-output .hatnote{font-style:italic}.mw-parser-output div.hatnote{padding-left:1.6em;margin-bottom:0.5em}.mw-parser-output .hatnote i{font-style:normal}.mw-parser-output .hatnote+link+.hatnote{margin-top:-0.5em}@media print{body.ns-0 .mw-parser-output .hatnote{display:none!important}}</style><div role="note" class="hatnote navigation-not-searchable">For the similar Act in India, see <a href="/wiki/Finance_Act_(India)" title="Finance Act (India)">Finance Act (India)</a>.</div> <p class="mw-empty-elt"> </p> <figure class="mw-default-size" typeof="mw:File/Thumb"><a href="/wiki/File:Legal_stamp_%E2%80%93_Inland_Revenue.jpg" class="mw-file-description"><img src="//upload.wikimedia.org/wikipedia/commons/thumb/7/7c/Legal_stamp_%E2%80%93_Inland_Revenue.jpg/220px-Legal_stamp_%E2%80%93_Inland_Revenue.jpg" decoding="async" width="220" height="212" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/7/7c/Legal_stamp_%E2%80%93_Inland_Revenue.jpg/330px-Legal_stamp_%E2%80%93_Inland_Revenue.jpg 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/7/7c/Legal_stamp_%E2%80%93_Inland_Revenue.jpg/440px-Legal_stamp_%E2%80%93_Inland_Revenue.jpg 2x" data-file-width="557" data-file-height="536" /></a><figcaption><a href="/wiki/Paper_embossing" title="Paper embossing">Embossed stamp</a> certifying that a conveyance has been produced in accordance with the Finance Act 1931</figcaption></figure> <p>A <b>Finance Act</b> is the headline fiscal (budgetary) legislation enacted by the <a href="/wiki/UK_Parliament" class="mw-redirect" title="UK Parliament">UK Parliament</a>, containing multiple provisions as to taxes, duties, exemptions and reliefs at least once per year, and in particular setting out the principal tax rates for each <a href="/wiki/Fiscal_year" title="Fiscal year">fiscal year</a>. </p> <meta property="mw:PageProp/toc" /> <div class="mw-heading mw-heading2"><h2 id="Overview">Overview</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Finance_Act&action=edit&section=1" title="Edit section: Overview"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <p>In the <a href="/wiki/United_Kingdom" title="United Kingdom">UK</a>, the <a href="/wiki/Chancellor_of_the_Exchequer" title="Chancellor of the Exchequer">Chancellor of the Exchequer</a> delivers a Budget speech on <a href="/wiki/Budget_Day" title="Budget Day">Budget Day</a>, outlining changes in spending, as well as <a href="/wiki/Tax" title="Tax">tax</a> and <a href="/wiki/Duty" title="Duty">duty</a>. The changes to tax and duty are passed as law, and each year form the respective <b>Finance Act</b>. Additional Finance Acts are also common and are the result of a change in governing party due to a <a href="/wiki/General_election" title="General election">general election</a>, a pressing loophole or defect in the law of taxation, or a backtrack with regard to government spending or taxation. </p><p>The rules governing the various taxation methods are contained within the relevant taxation acts. Capital Gains Tax legislation, for example, is contained within <a href="/wiki/Taxation_of_Chargeable_Gains_Act_1992" title="Taxation of Chargeable Gains Act 1992">Taxation of Chargeable Gains Act 1992</a>. The Finance Act details amendments to be made to each one of these Acts. The main taxes are <a href="/wiki/Excise_Duties" class="mw-redirect" title="Excise Duties">Excise Duties</a>, <a href="/wiki/Value_Added_Tax" class="mw-redirect" title="Value Added Tax">Value Added Tax</a>, <a href="/wiki/Income_Tax" class="mw-redirect" title="Income Tax">Income Tax</a>, <a href="/wiki/Corporation_Tax" class="mw-redirect" title="Corporation Tax">Corporation Tax</a>, and <a href="/wiki/Capital_Gains_Tax#United_Kingdom" class="mw-redirect" title="Capital Gains Tax">Capital Gains Tax</a>. </p> <div class="mw-heading mw-heading2"><h2 id="Excise">Excise</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Finance_Act&action=edit&section=2" title="Edit section: Excise"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <p><a href="/wiki/Excise_duty" class="mw-redirect" title="Excise duty">Excise duties</a> are inland duties levied on articles at the time of their manufacture. </p> <ul><li>Alcoholic liquor duties <ul><li><a href="/w/index.php?title=Alcoholic_Liquor_Duties_Act_1979&action=edit&redlink=1" class="new" title="Alcoholic Liquor Duties Act 1979 (page does not exist)">Alcoholic Liquor Duties Act 1979</a></li></ul></li> <li><a href="/wiki/Hydrocarbon_Oil_Duty" title="Hydrocarbon Oil Duty">Hydrocarbon Oil Duty</a> <ul><li><a href="/w/index.php?title=Hydrocarbon_Oil_Duties_Act_1979&action=edit&redlink=1" class="new" title="Hydrocarbon Oil Duties Act 1979 (page does not exist)">Hydrocarbon Oil Duties Act 1979</a></li></ul></li> <li>Tobacco products duty <ul><li><a href="/w/index.php?title=Tobacco_Products_Duty_Act_1979&action=edit&redlink=1" class="new" title="Tobacco Products Duty Act 1979 (page does not exist)">Tobacco Products Duty Act 1979</a></li></ul></li> <li>Gaming duty <ul><li><a href="/wiki/Finance_Act_1997" title="Finance Act 1997">Finance Act 1997</a> (rates of gaming duty)</li></ul></li> <li>Amusement Machine Licence Duty <ul><li><a href="/w/index.php?title=Betting_and_Gaming_Duties_Act_1981&action=edit&redlink=1" class="new" title="Betting and Gaming Duties Act 1981 (page does not exist)">Betting and Gaming Duties Act 1981</a></li></ul></li> <li><a href="/wiki/Vehicle_Excise_Duty" title="Vehicle Excise Duty">Vehicle Excise Duty</a> <ul><li><a href="/w/index.php?title=Vehicle_Excise_and_Registration_Act_1994&action=edit&redlink=1" class="new" title="Vehicle Excise and Registration Act 1994 (page does not exist)">Vehicle Excise and Registration Act 1994</a></li></ul></li></ul> <div class="mw-heading mw-heading2"><h2 id="Specific_finance_acts">Specific finance acts</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Finance_Act&action=edit&section=3" title="Edit section: Specific finance acts"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <div class="mw-heading mw-heading3"><h3 id="Finance_Act_1910">Finance Act 1910</h3><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Finance_Act&action=edit&section=4" title="Edit section: Finance Act 1910"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1236090951"><div role="note" class="hatnote navigation-not-searchable">Main article: <a href="/wiki/People%27s_Budget" title="People's Budget">People's Budget</a></div> <p>The Finance (1909–10) Act 1910 resulted in a significant net increase in taxation, and it also requisitioned a survey dubbed by <a href="/wiki/Right-wing_(politics)" class="mw-redirect" title="Right-wing (politics)">right-wing</a> journalists the "<a href="/wiki/Lloyd_George" class="mw-redirect" title="Lloyd George">Lloyd George</a>'s <a href="/wiki/Domesday" class="mw-redirect" title="Domesday">Domesday</a> land-survey",<sup class="noprint Inline-Template Template-Fact" style="white-space:nowrap;">[<i><a href="/wiki/Wikipedia:Citation_needed" title="Wikipedia:Citation needed"><span title="This claim needs references to reliable sources. (July 2013)">citation needed</span></a></i>]</sup> in particular entailing the 1910–1915 <a href="/w/index.php?title=Valuation_map&action=edit&redlink=1" class="new" title="Valuation map (page does not exist)">valuation maps</a>. </p><p>Each property and related right under and over land (hereditament) in England and Wales was surveyed and valued, so <a href="/wiki/Increment_Value_Duty" title="Increment Value Duty">Increment Value Duty</a> based on <a href="/wiki/Land_value_tax" title="Land value tax">land value</a> could be levied when any property was sold. The initial rate was 20% of the increase in land-value between the date of the survey and the date of sale (capital gain). Exemptions included farmland and plots smaller than 50 acres (20 ha; 200,000 m<sup>2</sup>). This tax was substantively altered by the repeal of s. 67 by the Finance Act 1920 which superseded it.<sup id="cite_ref-1" class="reference"><a href="#cite_note-1"><span class="cite-bracket">[</span>1<span class="cite-bracket">]</span></a></sup> </p><p>As part of the survey, landowners had to fill in a form, and the resulting records are extremely useful for <a href="/wiki/Local_history" title="Local history">local history</a>. </p><p>The records today consist of: </p> <ul><li>working maps</li> <li>valuation maps</li> <li>valuation books</li> <li>field books.</li></ul> <p>The valuation maps and books are kept in local record offices, and the other items are in the <a href="/wiki/The_National_Archives_(United_Kingdom)" title="The National Archives (United Kingdom)">National Archives</a> at <a href="/wiki/Kew" title="Kew">Kew</a>, London (field books in series IR58; working maps in series IR121 to IR135 according to region and each region has up to 22 different districts). </p> <div class="mw-heading mw-heading3"><h3 id="Finance_Act_1920">Finance Act 1920</h3><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Finance_Act&action=edit&section=5" title="Edit section: Finance Act 1920"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <div class="shortdescription nomobile noexcerpt noprint searchaux" style="display:none">United Kingdom legislation</div><style data-mw-deduplicate="TemplateStyles:r1257001546">.mw-parser-output .infobox-subbox{padding:0;border:none;margin:-3px;width:auto;min-width:100%;font-size:100%;clear:none;float:none;background-color:transparent}.mw-parser-output .infobox-3cols-child{margin:auto}.mw-parser-output .infobox .navbar{font-size:100%}@media screen{html.skin-theme-clientpref-night .mw-parser-output .infobox-full-data:not(.notheme)>div:not(.notheme)[style]{background:#1f1f23!important;color:#f8f9fa}}@media screen and (prefers-color-scheme:dark){html.skin-theme-clientpref-os .mw-parser-output .infobox-full-data:not(.notheme) div:not(.notheme){background:#1f1f23!important;color:#f8f9fa}}@media(min-width:640px){body.skin--responsive .mw-parser-output .infobox-table{display:table!important}body.skin--responsive .mw-parser-output .infobox-table>caption{display:table-caption!important}body.skin--responsive .mw-parser-output .infobox-table>tbody{display:table-row-group}body.skin--responsive .mw-parser-output .infobox-table tr{display:table-row!important}body.skin--responsive .mw-parser-output .infobox-table th,body.skin--responsive .mw-parser-output .infobox-table td{padding-left:inherit;padding-right:inherit}}</style><table class="infobox vevent mw-collapsible mw-collapsed"><tbody><tr><th colspan="2" class="infobox-above summary" style="font-size:100%"><span style="font-size:125%">Finance Act 1920</span></th></tr><tr><td colspan="2" class="infobox-subheader" style="font-weight: bold;">Act of Parliament</td></tr><tr><td colspan="2" class="infobox-image"><span typeof="mw:File"><span><img alt="" src="//upload.wikimedia.org/wikipedia/commons/thumb/9/95/Coat_of_arms_of_the_United_Kingdom_%281901-1952%29.svg/140px-Coat_of_arms_of_the_United_Kingdom_%281901-1952%29.svg.png" decoding="async" width="140" height="139" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/9/95/Coat_of_arms_of_the_United_Kingdom_%281901-1952%29.svg/210px-Coat_of_arms_of_the_United_Kingdom_%281901-1952%29.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/9/95/Coat_of_arms_of_the_United_Kingdom_%281901-1952%29.svg/280px-Coat_of_arms_of_the_United_Kingdom_%281901-1952%29.svg.png 2x" data-file-width="1495" data-file-height="1482" /></span></span><div class="infobox-caption"><a href="/wiki/Parliament_of_the_United_Kingdom" title="Parliament of the United Kingdom">Parliament of the United Kingdom</a></div></td></tr><tr><th scope="row" class="infobox-label"><a href="/wiki/Short_and_long_titles" title="Short and long titles">Long title</a></th><td class="infobox-data description">An Act to grant certain duties of Customs and Inland Revenue (including Excise), to alter other duties, and to amend the Law relating to Customs and Inland Revenue (including Excise), and the National Debt, and to make further provision in connection with Finance.</td></tr><tr><th scope="row" class="infobox-label"><a href="/wiki/Citation_of_United_Kingdom_legislation" title="Citation of United Kingdom legislation">Citation</a></th><td class="infobox-data"><a href="/wiki/10_%26_11_Geo._5" class="mw-redirect" title="10 & 11 Geo. 5">10 & 11 Geo. 5</a>. c. 18</td></tr><tr><th colspan="2" class="infobox-header" style="border-top: 1px solid #aaa;">Dates</th></tr><tr><th scope="row" class="infobox-label"><a href="/wiki/Royal_assent" title="Royal assent">Royal assent</a></th><td class="infobox-data">4 August 1920</td></tr><tr><th colspan="2" class="infobox-header" style="border-top: 1px solid #aaa;"><div style="background-color: #ffffcc;">Status: Amended</div></th></tr><tr><th colspan="2" class="infobox-header" style="border-top: 1px solid #aaa;"><a rel="nofollow" class="external text" href="https://www.legislation.gov.uk/ukpga/Geo5/10-11/18/enacted">Text of statute as originally enacted</a></th></tr><tr><th colspan="2" class="infobox-header" style="border-top: 1px solid #aaa;"><a rel="nofollow" class="external text" href="https://www.legislation.gov.uk/id?title=Finance+Act+1920">Text of the Finance Act 1920</a> as in force today (including any amendments) within the United Kingdom, from <a href="/wiki/Legislation.gov.uk" title="Legislation.gov.uk">legislation.gov.uk</a>.</th></tr></tbody></table> <p>This included a new "Duty on licences for mechanically propelled vehicles" (<a href="/wiki/Vehicle_Excise_Duty" title="Vehicle Excise Duty">Vehicle Excise Duty</a>, which went into the <a href="/wiki/Road_Fund" title="Road Fund">Road Fund</a> until 1936), repealed "customs duties on motor spirit and motor spirit dealers licence duties", and introduced "Provisions as to spirits used for generating mechanical power", along with other provisions related to income tax and tax on alcohol.<sup id="cite_ref-2" class="reference"><a href="#cite_note-2"><span class="cite-bracket">[</span>2<span class="cite-bracket">]</span></a></sup> </p> <div class="mw-heading mw-heading3"><h3 id="Finance_Act_1946">Finance Act 1946</h3><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Finance_Act&action=edit&section=6" title="Edit section: Finance Act 1946"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <div class="shortdescription nomobile noexcerpt noprint searchaux" style="display:none">United Kingdom legislation</div><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1257001546"><table class="infobox vevent mw-collapsible mw-collapsed"><tbody><tr><th colspan="2" class="infobox-above summary" style="font-size:100%"><span style="font-size:125%">Finance Act 1946</span></th></tr><tr><td colspan="2" class="infobox-subheader" style="font-weight: bold;">Act of Parliament</td></tr><tr><td colspan="2" class="infobox-image"><span typeof="mw:File"><span><img alt="" src="//upload.wikimedia.org/wikipedia/commons/thumb/9/95/Coat_of_arms_of_the_United_Kingdom_%281901-1952%29.svg/140px-Coat_of_arms_of_the_United_Kingdom_%281901-1952%29.svg.png" decoding="async" width="140" height="139" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/9/95/Coat_of_arms_of_the_United_Kingdom_%281901-1952%29.svg/210px-Coat_of_arms_of_the_United_Kingdom_%281901-1952%29.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/9/95/Coat_of_arms_of_the_United_Kingdom_%281901-1952%29.svg/280px-Coat_of_arms_of_the_United_Kingdom_%281901-1952%29.svg.png 2x" data-file-width="1495" data-file-height="1482" /></span></span><div class="infobox-caption"><a href="/wiki/Parliament_of_the_United_Kingdom" title="Parliament of the United Kingdom">Parliament of the United Kingdom</a></div></td></tr><tr><th scope="row" class="infobox-label"><a href="/wiki/Short_and_long_titles" title="Short and long titles">Long title</a></th><td class="infobox-data description">An Act to grant certain duties, to alter other duties, and to amend the law relating to the Public Revenue and the National Debt, and to make further provision in connection with Finance.</td></tr><tr><th scope="row" class="infobox-label"><a href="/wiki/Citation_of_United_Kingdom_legislation" title="Citation of United Kingdom legislation">Citation</a></th><td class="infobox-data"><a href="/wiki/9_%26_10_Geo._6" class="mw-redirect" title="9 & 10 Geo. 6">9 & 10 Geo. 6</a>. c. 64</td></tr><tr><th colspan="2" class="infobox-header" style="border-top: 1px solid #aaa;">Dates</th></tr><tr><th scope="row" class="infobox-label"><a href="/wiki/Royal_assent" title="Royal assent">Royal assent</a></th><td class="infobox-data">1 August 1946</td></tr><tr><th colspan="2" class="infobox-header" style="border-top: 1px solid #aaa;"><div style="background-color: #ffa16c;">Status: Partially repealed</div></th></tr><tr><th colspan="2" class="infobox-header" style="border-top: 1px solid #aaa;"><a rel="nofollow" class="external text" href="https://www.legislation.gov.uk/ukpga/Geo6/9-10/64/enacted">Text of statute as originally enacted</a></th></tr><tr><th colspan="2" class="infobox-header" style="border-top: 1px solid #aaa;"><a rel="nofollow" class="external text" href="https://www.legislation.gov.uk/id?title=Finance+Act+1946">Text of the Finance Act 1946</a> as in force today (including any amendments) within the United Kingdom, from <a href="/wiki/Legislation.gov.uk" title="Legislation.gov.uk">legislation.gov.uk</a>.</th></tr></tbody></table> <p>The 1946 act established the <a href="/wiki/National_Land_Fund" title="National Land Fund">National Land Fund</a> and much of <a href="/wiki/National_Savings_and_Investments" title="National Savings and Investments">National Savings and Investments</a>.<sup id="cite_ref-3" class="reference"><a href="#cite_note-3"><span class="cite-bracket">[</span>3<span class="cite-bracket">]</span></a></sup> </p> <div class="mw-heading mw-heading3"><h3 id="Finance_Act_1948">Finance Act 1948</h3><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Finance_Act&action=edit&section=7" title="Edit section: Finance Act 1948"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <div class="shortdescription nomobile noexcerpt noprint searchaux" style="display:none">United Kingdom legislation</div><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1257001546"><table class="infobox vevent mw-collapsible mw-collapsed"><tbody><tr><th colspan="2" class="infobox-above summary" style="font-size:100%"><span style="font-size:125%">Finance Act 1948</span></th></tr><tr><td colspan="2" class="infobox-subheader" style="font-weight: bold;">Act of Parliament</td></tr><tr><td colspan="2" class="infobox-image"><span typeof="mw:File"><span><img alt="" src="//upload.wikimedia.org/wikipedia/commons/thumb/9/95/Coat_of_arms_of_the_United_Kingdom_%281901-1952%29.svg/140px-Coat_of_arms_of_the_United_Kingdom_%281901-1952%29.svg.png" decoding="async" width="140" height="139" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/9/95/Coat_of_arms_of_the_United_Kingdom_%281901-1952%29.svg/210px-Coat_of_arms_of_the_United_Kingdom_%281901-1952%29.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/9/95/Coat_of_arms_of_the_United_Kingdom_%281901-1952%29.svg/280px-Coat_of_arms_of_the_United_Kingdom_%281901-1952%29.svg.png 2x" data-file-width="1495" data-file-height="1482" /></span></span><div class="infobox-caption"><a href="/wiki/Parliament_of_the_United_Kingdom" title="Parliament of the United Kingdom">Parliament of the United Kingdom</a></div></td></tr><tr><th scope="row" class="infobox-label"><a href="/wiki/Short_and_long_titles" title="Short and long titles">Long title</a></th><td class="infobox-data description">An Act to grant certain duties, to alter other duties, and to amend the law relating to the National Debt and the Public Revenue, and to make further provision in connection with Finance.</td></tr><tr><th scope="row" class="infobox-label"><a href="/wiki/Citation_of_United_Kingdom_legislation" title="Citation of United Kingdom legislation">Citation</a></th><td class="infobox-data"><a href="/wiki/11_%26_12_Geo._6" class="mw-redirect" title="11 & 12 Geo. 6">11 & 12 Geo. 6</a>. c. 49</td></tr><tr><th colspan="2" class="infobox-header" style="border-top: 1px solid #aaa;">Dates</th></tr><tr><th scope="row" class="infobox-label"><a href="/wiki/Royal_assent" title="Royal assent">Royal assent</a></th><td class="infobox-data">30 July 1948</td></tr><tr><th colspan="2" class="infobox-header" style="border-top: 1px solid #aaa;"><a rel="nofollow" class="external text" href="https://www.legislation.gov.uk/ukpga/Geo6/11-12/49/enacted">Text of statute as originally enacted</a></th></tr><tr><th colspan="2" class="infobox-header" style="border-top: 1px solid #aaa;"><a rel="nofollow" class="external text" href="https://www.legislation.gov.uk/id?title=Finance+Act+1948">Text of the Finance Act 1948</a> as in force today (including any amendments) within the United Kingdom, from <a href="/wiki/Legislation.gov.uk" title="Legislation.gov.uk">legislation.gov.uk</a>.</th></tr></tbody></table> <p>The 1948 act established the "Special Contribution", which was a one-off <a href="/wiki/Wealth_tax" title="Wealth tax">wealth tax</a>. </p> <div class="mw-heading mw-heading3"><h3 id="Finance_Act_1963">Finance Act 1963</h3><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Finance_Act&action=edit&section=8" title="Edit section: Finance Act 1963"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <div class="shortdescription nomobile noexcerpt noprint searchaux" style="display:none">United Kingdom legislation</div><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1257001546"><table class="infobox vevent mw-collapsible mw-collapsed"><tbody><tr><th colspan="2" class="infobox-above summary" style="font-size:100%"><span style="font-size:125%">Finance Act 1963</span></th></tr><tr><td colspan="2" class="infobox-subheader" style="font-weight: bold;">Act of Parliament</td></tr><tr><td colspan="2" class="infobox-image"><span typeof="mw:File"><span><img alt="" src="//upload.wikimedia.org/wikipedia/commons/thumb/9/9e/Royal_Coat_of_Arms_of_the_United_Kingdom_%28variant_1%2C_1952-2022%29.svg/140px-Royal_Coat_of_Arms_of_the_United_Kingdom_%28variant_1%2C_1952-2022%29.svg.png" decoding="async" width="140" height="140" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/9/9e/Royal_Coat_of_Arms_of_the_United_Kingdom_%28variant_1%2C_1952-2022%29.svg/210px-Royal_Coat_of_Arms_of_the_United_Kingdom_%28variant_1%2C_1952-2022%29.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/9/9e/Royal_Coat_of_Arms_of_the_United_Kingdom_%28variant_1%2C_1952-2022%29.svg/280px-Royal_Coat_of_Arms_of_the_United_Kingdom_%28variant_1%2C_1952-2022%29.svg.png 2x" data-file-width="1550" data-file-height="1550" /></span></span><div class="infobox-caption"><a href="/wiki/Parliament_of_the_United_Kingdom" title="Parliament of the United Kingdom">Parliament of the United Kingdom</a></div></td></tr><tr><th scope="row" class="infobox-label"><a href="/wiki/Short_and_long_titles" title="Short and long titles">Long title</a></th><td class="infobox-data description">An Act to grant certain duties, to alter other duties, and to amend the law relating to the National Debt, and the Public Revenue, and to make further provision in connection with Finance.</td></tr><tr><th scope="row" class="infobox-label"><a href="/wiki/Citation_of_United_Kingdom_legislation" title="Citation of United Kingdom legislation">Citation</a></th><td class="infobox-data"><a href="/wiki/List_of_acts_of_the_Parliament_of_the_United_Kingdom_from_1963" title="List of acts of the Parliament of the United Kingdom from 1963">1963</a> c. 25</td></tr><tr><th colspan="2" class="infobox-header" style="border-top: 1px solid #aaa;">Dates</th></tr><tr><th scope="row" class="infobox-label"><a href="/wiki/Royal_assent" title="Royal assent">Royal assent</a></th><td class="infobox-data">31 July 1963</td></tr><tr><th colspan="2" class="infobox-header" style="border-top: 1px solid #aaa;"><div style="background-color: #ffffcc;">Status: Amended</div></th></tr><tr><th colspan="2" class="infobox-header" style="border-top: 1px solid #aaa;"><a rel="nofollow" class="external text" href="https://www.legislation.gov.uk/ukpga/1963/25/enacted">Text of statute as originally enacted</a></th></tr><tr><th colspan="2" class="infobox-header" style="border-top: 1px solid #aaa;"><a rel="nofollow" class="external text" href="https://www.legislation.gov.uk/id?title=Finance+Act+1963">Text of the Finance Act 1963</a> as in force today (including any amendments) within the United Kingdom, from <a href="/wiki/Legislation.gov.uk" title="Legislation.gov.uk">legislation.gov.uk</a>.</th></tr></tbody></table> <p>The 1963 act abolished Schedule A of <a href="/wiki/Income_tax" title="Income tax">income tax</a>, which was a tax on the <a href="/wiki/Imputed_rent" title="Imputed rent">imputed rent</a> of <a href="/wiki/Owner-occupancy" title="Owner-occupancy">owner-occupiers</a>. It also abolished the <a href="/wiki/Land_Tax_(England)" title="Land Tax (England)">land tax</a>.<sup id="cite_ref-4" class="reference"><a href="#cite_note-4"><span class="cite-bracket">[</span>4<span class="cite-bracket">]</span></a></sup> </p> <div class="mw-heading mw-heading3"><h3 id="Finance_Act_1965">Finance Act 1965</h3><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Finance_Act&action=edit&section=9" title="Edit section: Finance Act 1965"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1236090951"><div role="note" class="hatnote navigation-not-searchable">Main article: <a href="/wiki/Finance_Act_1965" title="Finance Act 1965">Finance Act 1965</a></div> <p>The 1965 act introduced <a href="/wiki/United_Kingdom_corporation_tax" title="United Kingdom corporation tax">corporation tax</a> and <a href="/wiki/United_Kingdom_Capital_Gains_Tax" class="mw-redirect" title="United Kingdom Capital Gains Tax">capital gains tax</a>. </p> <div class="mw-heading mw-heading3"><h3 id="Finance_Act_1972">Finance Act 1972</h3><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Finance_Act&action=edit&section=10" title="Edit section: Finance Act 1972"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <div class="shortdescription nomobile noexcerpt noprint searchaux" style="display:none">United Kingdom legislation</div><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1257001546"><table class="infobox vevent mw-collapsible mw-collapsed"><tbody><tr><th colspan="2" class="infobox-above summary" style="font-size:100%"><span style="font-size:125%">Finance Act 1972</span></th></tr><tr><td colspan="2" class="infobox-subheader" style="font-weight: bold;">Act of Parliament</td></tr><tr><td colspan="2" class="infobox-image"><span typeof="mw:File"><span><img alt="" src="//upload.wikimedia.org/wikipedia/commons/thumb/9/9e/Royal_Coat_of_Arms_of_the_United_Kingdom_%28variant_1%2C_1952-2022%29.svg/140px-Royal_Coat_of_Arms_of_the_United_Kingdom_%28variant_1%2C_1952-2022%29.svg.png" decoding="async" width="140" height="140" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/9/9e/Royal_Coat_of_Arms_of_the_United_Kingdom_%28variant_1%2C_1952-2022%29.svg/210px-Royal_Coat_of_Arms_of_the_United_Kingdom_%28variant_1%2C_1952-2022%29.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/9/9e/Royal_Coat_of_Arms_of_the_United_Kingdom_%28variant_1%2C_1952-2022%29.svg/280px-Royal_Coat_of_Arms_of_the_United_Kingdom_%28variant_1%2C_1952-2022%29.svg.png 2x" data-file-width="1550" data-file-height="1550" /></span></span><div class="infobox-caption"><a href="/wiki/Parliament_of_the_United_Kingdom" title="Parliament of the United Kingdom">Parliament of the United Kingdom</a></div></td></tr><tr><th scope="row" class="infobox-label"><a href="/wiki/Short_and_long_titles" title="Short and long titles">Long title</a></th><td class="infobox-data description">An Act to grant certain duties, to alter other duties, and to amend the law relating to the National Debt and the Public Revenue, and to make further provision in connection with Finance.</td></tr><tr><th scope="row" class="infobox-label"><a href="/wiki/Citation_of_United_Kingdom_legislation" title="Citation of United Kingdom legislation">Citation</a></th><td class="infobox-data"><a href="/wiki/List_of_acts_of_the_Parliament_of_the_United_Kingdom_from_1972" title="List of acts of the Parliament of the United Kingdom from 1972">1972</a> c. 41</td></tr><tr><th colspan="2" class="infobox-header" style="border-top: 1px solid #aaa;">Dates</th></tr><tr><th scope="row" class="infobox-label"><a href="/wiki/Royal_assent" title="Royal assent">Royal assent</a></th><td class="infobox-data">27 July 1972</td></tr><tr><th colspan="2" class="infobox-header" style="border-top: 1px solid #aaa;">Other legislation</th></tr><tr><th scope="row" class="infobox-label">Repeals/revokes</th><td class="infobox-data"><style data-mw-deduplicate="TemplateStyles:r1126788409">.mw-parser-output .plainlist ol,.mw-parser-output .plainlist ul{line-height:inherit;list-style:none;margin:0;padding:0}.mw-parser-output .plainlist ol li,.mw-parser-output .plainlist ul li{margin-bottom:0}</style><div class="plainlist"><ul><li><a href="/w/index.php?title=Purchase_Tax_Act_1963&action=edit&redlink=1" class="new" title="Purchase Tax Act 1963 (page does not exist)">Purchase Tax Act 1963</a></li><li><a href="/wiki/Selective_Employment_Payments_Act_1966" class="mw-redirect" title="Selective Employment Payments Act 1966">Selective Employment Payments Act 1966</a></li></ul></div></td></tr><tr><th colspan="2" class="infobox-header" style="border-top: 1px solid #aaa;"><div style="background-color: #ffffcc;">Status: Amended</div></th></tr><tr><th colspan="2" class="infobox-header" style="border-top: 1px solid #aaa;"><a rel="nofollow" class="external text" href="https://www.legislation.gov.uk/ukpga/1972/41/enacted">Text of statute as originally enacted</a></th></tr><tr><th colspan="2" class="infobox-header" style="border-top: 1px solid #aaa;"><a rel="nofollow" class="external text" href="https://www.legislation.gov.uk/id?title=Finance+Act+1972">Text of the Finance Act 1972</a> as in force today (including any amendments) within the United Kingdom, from <a href="/wiki/Legislation.gov.uk" title="Legislation.gov.uk">legislation.gov.uk</a>.</th></tr></tbody></table> <p>The 1972 act introduced <a href="/wiki/Value-added_tax_in_the_United_Kingdom" title="Value-added tax in the United Kingdom">value added tax</a>. </p> <div class="mw-heading mw-heading3"><h3 id="Finance_Act_1977">Finance Act 1977</h3><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Finance_Act&action=edit&section=11" title="Edit section: Finance Act 1977"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <div class="shortdescription nomobile noexcerpt noprint searchaux" style="display:none">United Kingdom legislation</div><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1257001546"><table class="infobox vevent mw-collapsible mw-collapsed"><tbody><tr><th colspan="2" class="infobox-above summary" style="font-size:100%"><span style="font-size:125%">Finance Act 1977</span></th></tr><tr><td colspan="2" class="infobox-subheader" style="font-weight: bold;">Act of Parliament</td></tr><tr><td colspan="2" class="infobox-image"><span typeof="mw:File"><span><img alt="" src="//upload.wikimedia.org/wikipedia/commons/thumb/9/9e/Royal_Coat_of_Arms_of_the_United_Kingdom_%28variant_1%2C_1952-2022%29.svg/140px-Royal_Coat_of_Arms_of_the_United_Kingdom_%28variant_1%2C_1952-2022%29.svg.png" decoding="async" width="140" height="140" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/9/9e/Royal_Coat_of_Arms_of_the_United_Kingdom_%28variant_1%2C_1952-2022%29.svg/210px-Royal_Coat_of_Arms_of_the_United_Kingdom_%28variant_1%2C_1952-2022%29.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/9/9e/Royal_Coat_of_Arms_of_the_United_Kingdom_%28variant_1%2C_1952-2022%29.svg/280px-Royal_Coat_of_Arms_of_the_United_Kingdom_%28variant_1%2C_1952-2022%29.svg.png 2x" data-file-width="1550" data-file-height="1550" /></span></span><div class="infobox-caption"><a href="/wiki/Parliament_of_the_United_Kingdom" title="Parliament of the United Kingdom">Parliament of the United Kingdom</a></div></td></tr><tr><th scope="row" class="infobox-label"><a href="/wiki/Short_and_long_titles" title="Short and long titles">Long title</a></th><td class="infobox-data description">An Act to grant certain duties, to alter other duties, and to amend the law relating to the National Debt and the Public Revenue, and to make further provision in connection with Finance.</td></tr><tr><th scope="row" class="infobox-label"><a href="/wiki/Citation_of_United_Kingdom_legislation" title="Citation of United Kingdom legislation">Citation</a></th><td class="infobox-data"><a href="/wiki/List_of_acts_of_the_Parliament_of_the_United_Kingdom_from_1977" title="List of acts of the Parliament of the United Kingdom from 1977">1977</a> c. 36</td></tr><tr><th colspan="2" class="infobox-header" style="border-top: 1px solid #aaa;"><div style="background-color: #ffffcc;">Status: Amended</div></th></tr><tr><th colspan="2" class="infobox-header" style="border-top: 1px solid #aaa;"><a rel="nofollow" class="external text" href="https://www.legislation.gov.uk/ukpga/1977/36/enacted">Text of statute as originally enacted</a></th></tr><tr><th colspan="2" class="infobox-header" style="border-top: 1px solid #aaa;"><a rel="nofollow" class="external text" href="https://www.legislation.gov.uk/id?title=Finance+Act+1977">Text of the Finance Act 1977</a> as in force today (including any amendments) within the United Kingdom, from <a href="/wiki/Legislation.gov.uk" title="Legislation.gov.uk">legislation.gov.uk</a>.</th></tr></tbody></table> <p>The Finance Act 1977 abolished the last remaining <a href="/wiki/Tithe" title="Tithe">tithes</a> payable to the <a href="/wiki/Church_of_England" title="Church of England">Church of England</a> or <a href="/wiki/Church_in_Wales" title="Church in Wales">Church in Wales</a>.<sup id="cite_ref-5" class="reference"><a href="#cite_note-5"><span class="cite-bracket">[</span>5<span class="cite-bracket">]</span></a></sup> </p> <div class="mw-heading mw-heading3"><h3 id="Finance_Act_2000">Finance Act 2000</h3><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Finance_Act&action=edit&section=12" title="Edit section: Finance Act 2000"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1236090951"><div role="note" class="hatnote navigation-not-searchable">Main article: <a href="/wiki/Finance_Act_2000" title="Finance Act 2000">Finance Act 2000</a></div> <p>The Finance Act 2000 increased the <a href="/wiki/Climate_Change_Levy" title="Climate Change Levy">Climate Change Levy</a>. </p> <div class="mw-heading mw-heading3"><h3 id="Finance_Act_2010">Finance Act 2010</h3><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Finance_Act&action=edit&section=13" title="Edit section: Finance Act 2010"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1236090951"><div role="note" class="hatnote navigation-not-searchable">Main article: <a href="/wiki/Finance_Act_2010" title="Finance Act 2010">Finance Act 2010</a></div> <p>This act shortly before the <a href="/wiki/2010_United_Kingdom_general_election" title="2010 United Kingdom general election">2010 United Kingdom general election</a>,<sup id="cite_ref-6" class="reference"><a href="#cite_note-6"><span class="cite-bracket">[</span>n 1<span class="cite-bracket">]</span></a></sup> passed as set out by the <a href="/wiki/Labour_Party_(UK)" title="Labour Party (UK)">Labour Party</a> adjusted the rates of the main taxes, in particular introducing on income tax the 50% 'additional rate' band.<sup id="cite_ref-7" class="reference"><a href="#cite_note-7"><span class="cite-bracket">[</span>6<span class="cite-bracket">]</span></a></sup> </p><p>The act also reversed a prospective rise enacted in the <a href="/wiki/Finance_Act_2007" title="Finance Act 2007">Finance Act 2007</a> of the <a href="/wiki/Inheritance_Tax_(United_Kingdom)" class="mw-redirect" title="Inheritance Tax (United Kingdom)">inheritance tax</a> nil rate band threshold from £325,000 to £350,000 which would have applied from 6 April 2010, thus, emphasising a degree of <a href="/wiki/Wealth_redistribution" class="mw-redirect" title="Wealth redistribution">redistribution</a>, the tax instead continues to apply to death estates that do not benefit from any exemptions (such as spouse nil-rate-bands) and consist of a property valued at 25% above the national average.<sup id="cite_ref-8" class="reference"><a href="#cite_note-8"><span class="cite-bracket">[</span>n 2<span class="cite-bracket">]</span></a></sup> </p> <div class="mw-heading mw-heading3"><h3 id="Finance_(No._2)_Act_2010"><span id="Finance_.28No._2.29_Act_2010"></span>Finance (No. 2) Act 2010</h3><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Finance_Act&action=edit&section=14" title="Edit section: Finance (No. 2) Act 2010"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1236090951"><div role="note" class="hatnote navigation-not-searchable">Main article: <a href="/wiki/Finance_(No._2)_Act_2010" title="Finance (No. 2) Act 2010">Finance (No. 2) Act 2010</a></div> <p>The Finance (No. 2) Act 2010 under the <a href="/wiki/Cameron%E2%80%93Clegg_coalition" title="Cameron–Clegg coalition">Coalition Government</a> reduced the headline rate of <a href="/wiki/Capital_Gains_Tax" class="mw-redirect" title="Capital Gains Tax">Capital Gains Tax</a> to 18%.<sup id="cite_ref-9" class="reference"><a href="#cite_note-9"><span class="cite-bracket">[</span>7<span class="cite-bracket">]</span></a></sup> </p><p>The act increased the general rate of VAT from 17.5% to 20% (while cutting it for imported goods and materials from 28.58% to 25%).<sup class="noprint Inline-Template Template-Fact" style="white-space:nowrap;">[<i><a href="/wiki/Wikipedia:Citation_needed" title="Wikipedia:Citation needed"><span title="This claim needs references to reliable sources. (July 2019)">citation needed</span></a></i>]</sup> </p> <div class="mw-heading mw-heading3"><h3 id="Finance_(No._3)_Act_2010"><span id="Finance_.28No._3.29_Act_2010"></span>Finance (No. 3) Act 2010</h3><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Finance_Act&action=edit&section=15" title="Edit section: Finance (No. 3) Act 2010"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <div class="shortdescription nomobile noexcerpt noprint searchaux" style="display:none">United Kingdom legislation</div><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1257001546"><table class="infobox vevent mw-collapsible mw-collapsed"><tbody><tr><th colspan="2" class="infobox-above summary" style="font-size:100%"><span style="font-size:125%">Finance (No. 3) Act 2010</span></th></tr><tr><td colspan="2" class="infobox-subheader" style="font-weight: bold;">Act of Parliament</td></tr><tr><td colspan="2" class="infobox-image"><span typeof="mw:File"><span><img alt="" src="//upload.wikimedia.org/wikipedia/commons/thumb/9/9e/Royal_Coat_of_Arms_of_the_United_Kingdom_%28variant_1%2C_1952-2022%29.svg/140px-Royal_Coat_of_Arms_of_the_United_Kingdom_%28variant_1%2C_1952-2022%29.svg.png" decoding="async" width="140" height="140" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/9/9e/Royal_Coat_of_Arms_of_the_United_Kingdom_%28variant_1%2C_1952-2022%29.svg/210px-Royal_Coat_of_Arms_of_the_United_Kingdom_%28variant_1%2C_1952-2022%29.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/9/9e/Royal_Coat_of_Arms_of_the_United_Kingdom_%28variant_1%2C_1952-2022%29.svg/280px-Royal_Coat_of_Arms_of_the_United_Kingdom_%28variant_1%2C_1952-2022%29.svg.png 2x" data-file-width="1550" data-file-height="1550" /></span></span><div class="infobox-caption"><a href="/wiki/Parliament_of_the_United_Kingdom" title="Parliament of the United Kingdom">Parliament of the United Kingdom</a></div></td></tr><tr><th scope="row" class="infobox-label"><a href="/wiki/Short_and_long_titles" title="Short and long titles">Long title</a></th><td class="infobox-data description">An Act to grant certain duties, to alter other duties, and to amend the law relating to the National Debt and the Public Revenue, and to make further provision in connection with finance.</td></tr><tr><th scope="row" class="infobox-label"><a href="/wiki/Citation_of_United_Kingdom_legislation" title="Citation of United Kingdom legislation">Citation</a></th><td class="infobox-data">2010 c. 33</td></tr><tr><th colspan="2" class="infobox-header" style="border-top: 1px solid #aaa;">Dates</th></tr><tr><th scope="row" class="infobox-label"><a href="/wiki/Royal_assent" title="Royal assent">Royal assent</a></th><td class="infobox-data">16 December 2010</td></tr><tr><th colspan="2" class="infobox-header" style="border-top: 1px solid #aaa;"><div style="background-color: #ffffcc;">Status: Amended</div></th></tr><tr><th colspan="2" class="infobox-header" style="border-top: 1px solid #aaa;"><a rel="nofollow" class="external text" href="https://www.legislation.gov.uk/ukpga/2010/33/enacted">Text of statute as originally enacted</a></th></tr><tr><th colspan="2" class="infobox-header" style="border-top: 1px solid #aaa;"><a rel="nofollow" class="external text" href="https://www.legislation.gov.uk/id?title=Finance+%28No.+3%29+Act+2010">Text of the Finance (No. 3) Act 2010</a> as in force today (including any amendments) within the United Kingdom, from <a href="/wiki/Legislation.gov.uk" title="Legislation.gov.uk">legislation.gov.uk</a>.</th></tr></tbody></table> <p>Enacted on 16 December 2010 this Act extended foster care relief, extended the applicability of venture capital schemes to companies with a "permanent establishment" in the UK "in financial health", modified the meaning of "distribution" in the Corporation Tax Acts, addressed the income tax treatment of seafarer's income, adjusted treatment of REITs:, modified rules as to EEA/UK consortium claims for group relief, introduced first-year allowances for zero-emission goods vehicles, adjusted for VAT purposes treatment of non-business use of business assets, amended penalties for failure to make payments on time and returns on time, proceduralised recovery of overpaid stamp duty and petroleum revenue tax, modified compliance checks as to excise duties, and clarified the tax treatment of asbestos compensation settlements in relation to the three main taxes.<sup id="cite_ref-10" class="reference"><a href="#cite_note-10"><span class="cite-bracket">[</span>8<span class="cite-bracket">]</span></a></sup> </p> <div class="mw-heading mw-heading3"><h3 id="Finance_(No._2)_Act_2017"><span id="Finance_.28No._2.29_Act_2017"></span>Finance (No. 2) Act 2017</h3><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Finance_Act&action=edit&section=16" title="Edit section: Finance (No. 2) Act 2017"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <div class="shortdescription nomobile noexcerpt noprint searchaux" style="display:none">United Kingdom legislation</div><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1257001546"><table class="infobox vevent mw-collapsible mw-collapsed"><tbody><tr><th colspan="2" class="infobox-above summary" style="font-size:100%"><span style="font-size:125%">Finance (No. 2) Act 2017</span></th></tr><tr><td colspan="2" class="infobox-subheader" style="font-weight: bold;">Act of Parliament</td></tr><tr><td colspan="2" class="infobox-image"><span typeof="mw:File"><span><img alt="" src="//upload.wikimedia.org/wikipedia/commons/thumb/9/9e/Royal_Coat_of_Arms_of_the_United_Kingdom_%28variant_1%2C_1952-2022%29.svg/140px-Royal_Coat_of_Arms_of_the_United_Kingdom_%28variant_1%2C_1952-2022%29.svg.png" decoding="async" width="140" height="140" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/9/9e/Royal_Coat_of_Arms_of_the_United_Kingdom_%28variant_1%2C_1952-2022%29.svg/210px-Royal_Coat_of_Arms_of_the_United_Kingdom_%28variant_1%2C_1952-2022%29.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/9/9e/Royal_Coat_of_Arms_of_the_United_Kingdom_%28variant_1%2C_1952-2022%29.svg/280px-Royal_Coat_of_Arms_of_the_United_Kingdom_%28variant_1%2C_1952-2022%29.svg.png 2x" data-file-width="1550" data-file-height="1550" /></span></span><div class="infobox-caption"><a href="/wiki/Parliament_of_the_United_Kingdom" title="Parliament of the United Kingdom">Parliament of the United Kingdom</a></div></td></tr><tr><th scope="row" class="infobox-label"><a href="/wiki/Short_and_long_titles" title="Short and long titles">Long title</a></th><td class="infobox-data description">An Act to grant certain duties, to alter other duties, and to amend the law relating to the national debt and the public revenue, and to make further provision in connection with finance.</td></tr><tr><th scope="row" class="infobox-label"><a href="/wiki/Citation_of_United_Kingdom_legislation" title="Citation of United Kingdom legislation">Citation</a></th><td class="infobox-data"><a href="/wiki/List_of_acts_of_the_Parliament_of_the_United_Kingdom_from_2017" title="List of acts of the Parliament of the United Kingdom from 2017">2017</a> c. 32</td></tr><tr><th colspan="2" class="infobox-header" style="border-top: 1px solid #aaa;">Dates</th></tr><tr><th scope="row" class="infobox-label"><a href="/wiki/Royal_assent" title="Royal assent">Royal assent</a></th><td class="infobox-data">16 November 2017</td></tr><tr><th colspan="2" class="infobox-header" style="border-top: 1px solid #aaa;"><div style="background-color: #ffffcc;">Status: Amended</div></th></tr><tr><th colspan="2" class="infobox-header" style="border-top: 1px solid #aaa;"><a rel="nofollow" class="external text" href="https://www.legislation.gov.uk/ukpga/2020/32/enacted">Text of statute as originally enacted</a></th></tr><tr><th colspan="2" class="infobox-header" style="border-top: 1px solid #aaa;"><a rel="nofollow" class="external text" href="https://www.legislation.gov.uk/id?title=Finance+%28No.+2%29+Act+2017">Text of the Finance (No. 2) Act 2017</a> as in force today (including any amendments) within the United Kingdom, from <a href="/wiki/Legislation.gov.uk" title="Legislation.gov.uk">legislation.gov.uk</a>.</th></tr></tbody></table> <p>The <b>Finance (No. 2) Act 2017</b> (c. 14) was enacted on 16 November 2017. The Act implements tax measures laid out in the <a href="/wiki/November_2017_United_Kingdom_budget" title="November 2017 United Kingdom budget">November 2017 United Kingdom budget</a>. </p> <div class="mw-heading mw-heading3"><h3 id="Finance_Act_2020">Finance Act 2020</h3><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Finance_Act&action=edit&section=17" title="Edit section: Finance Act 2020"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <div class="shortdescription nomobile noexcerpt noprint searchaux" style="display:none">United Kingdom legislation</div><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1257001546"><table class="infobox vevent mw-collapsible mw-collapsed"><tbody><tr><th colspan="2" class="infobox-above summary" style="font-size:100%"><span style="font-size:125%">Finance Act 2020</span></th></tr><tr><td colspan="2" class="infobox-subheader" style="font-weight: bold;">Act of Parliament</td></tr><tr><td colspan="2" class="infobox-image"><span typeof="mw:File"><span><img alt="" src="//upload.wikimedia.org/wikipedia/commons/thumb/9/9e/Royal_Coat_of_Arms_of_the_United_Kingdom_%28variant_1%2C_1952-2022%29.svg/140px-Royal_Coat_of_Arms_of_the_United_Kingdom_%28variant_1%2C_1952-2022%29.svg.png" decoding="async" width="140" height="140" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/9/9e/Royal_Coat_of_Arms_of_the_United_Kingdom_%28variant_1%2C_1952-2022%29.svg/210px-Royal_Coat_of_Arms_of_the_United_Kingdom_%28variant_1%2C_1952-2022%29.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/9/9e/Royal_Coat_of_Arms_of_the_United_Kingdom_%28variant_1%2C_1952-2022%29.svg/280px-Royal_Coat_of_Arms_of_the_United_Kingdom_%28variant_1%2C_1952-2022%29.svg.png 2x" data-file-width="1550" data-file-height="1550" /></span></span><div class="infobox-caption"><a href="/wiki/Parliament_of_the_United_Kingdom" title="Parliament of the United Kingdom">Parliament of the United Kingdom</a></div></td></tr><tr><th scope="row" class="infobox-label"><a href="/wiki/Short_and_long_titles" title="Short and long titles">Long title</a></th><td class="infobox-data description">An Act to grant certain duties, to alter other duties, and to amend the law relating to the national debt and the public revenue, and to make further provision in connection with finance.</td></tr><tr><th scope="row" class="infobox-label"><a href="/wiki/Citation_of_United_Kingdom_legislation" title="Citation of United Kingdom legislation">Citation</a></th><td class="infobox-data"><a href="/wiki/List_of_acts_of_the_Parliament_of_the_United_Kingdom_from_2020" title="List of acts of the Parliament of the United Kingdom from 2020">2020</a> c. 14</td></tr><tr><th colspan="2" class="infobox-header" style="border-top: 1px solid #aaa;">Dates</th></tr><tr><th scope="row" class="infobox-label"><a href="/wiki/Royal_assent" title="Royal assent">Royal assent</a></th><td class="infobox-data">22 July 2020</td></tr><tr><th colspan="2" class="infobox-header" style="border-top: 1px solid #aaa;"><div style="background-color: #ffffcc;">Status: Amended</div></th></tr><tr><th colspan="2" class="infobox-header" style="border-top: 1px solid #aaa;"><a rel="nofollow" class="external text" href="https://www.legislation.gov.uk/ukpga/2020/14/enacted">Text of statute as originally enacted</a></th></tr><tr><th colspan="2" class="infobox-header" style="border-top: 1px solid #aaa;"><a rel="nofollow" class="external text" href="https://www.legislation.gov.uk/id?title=Finance+Act+2020">Text of the Finance Act 2020</a> as in force today (including any amendments) within the United Kingdom, from <a href="/wiki/Legislation.gov.uk" title="Legislation.gov.uk">legislation.gov.uk</a>.</th></tr></tbody></table> <p>The <b>Finance Act 2020</b> (c. 14) was enacted on 22 July 2020. Part 2 provides for the introduction of a Digital Services Tax.<sup id="cite_ref-11" class="reference"><a href="#cite_note-11"><span class="cite-bracket">[</span>9<span class="cite-bracket">]</span></a></sup> </p> <div class="mw-heading mw-heading2"><h2 id="Full_title_of_the_act_including_preamble_and_enacting_formula">Full title of the act including preamble and enacting formula</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Finance_Act&action=edit&section=18" title="Edit section: Full title of the act including preamble and enacting formula"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1236090951"><div role="note" class="hatnote navigation-not-searchable">See also: <a href="/wiki/Enacting_formula" class="mw-redirect" title="Enacting formula">Enacting formula</a></div> <style data-mw-deduplicate="TemplateStyles:r1244412712">.mw-parser-output .templatequote{overflow:hidden;margin:1em 0;padding:0 32px}.mw-parser-output .templatequotecite{line-height:1.5em;text-align:left;margin-top:0}@media(min-width:500px){.mw-parser-output .templatequotecite{padding-left:1.6em}}</style><blockquote class="templatequote"><p>An Act to grant certain duties, to alter other duties, and to amend the law relating to the National Debt and the Public Revenue, and to make further provision in connection with finance. </p><p>Most Gracious Sovereign </p><p> We, Your Majesty's most dutiful and loyal subjects, the Commons of the United Kingdom in Parliament assembled, towards raising the necessary supplies to defray Your Majesty's public expenses, and making an addition to the public revenue, have freely and voluntarily resolved to give and grant unto Your Majesty the several duties hereinafter mentioned; and do therefore most humbly beseech Your Majesty that it may be it enacted, and be it enacted by the King's Most Excellent Majesty, by and with the advice and consent of the Lords Spiritual and Temporal, and Commons, in this present Parliament assembled, and by the authority of the same, as follows...</p></blockquote> <div class="mw-heading mw-heading2"><h2 id="See_also">See also</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Finance_Act&action=edit&section=19" title="Edit section: See also"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <ul><li><a href="/wiki/Economic_history_of_the_United_Kingdom" title="Economic history of the United Kingdom">Economic history of the United Kingdom</a></li> <li><a href="/wiki/History_of_the_English_fiscal_system" title="History of the English fiscal system">History of the English fiscal system</a></li> <li><a href="/wiki/List_of_short_titles" title="List of short titles">List of short titles</a></li></ul> <div class="mw-heading mw-heading2"><h2 id="Notes_and_references">Notes and references</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Finance_Act&action=edit&section=20" title="Edit section: Notes and references"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <div class="mw-heading mw-heading3"><h3 id="Notes">Notes</h3><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Finance_Act&action=edit&section=21" title="Edit section: Notes"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <style data-mw-deduplicate="TemplateStyles:r1239543626">.mw-parser-output .reflist{margin-bottom:0.5em;list-style-type:decimal}@media screen{.mw-parser-output .reflist{font-size:90%}}.mw-parser-output .reflist .references{font-size:100%;margin-bottom:0;list-style-type:inherit}.mw-parser-output .reflist-columns-2{column-width:30em}.mw-parser-output .reflist-columns-3{column-width:25em}.mw-parser-output .reflist-columns{margin-top:0.3em}.mw-parser-output .reflist-columns ol{margin-top:0}.mw-parser-output .reflist-columns li{page-break-inside:avoid;break-inside:avoid-column}.mw-parser-output .reflist-upper-alpha{list-style-type:upper-alpha}.mw-parser-output .reflist-upper-roman{list-style-type:upper-roman}.mw-parser-output .reflist-lower-alpha{list-style-type:lower-alpha}.mw-parser-output .reflist-lower-greek{list-style-type:lower-greek}.mw-parser-output .reflist-lower-roman{list-style-type:lower-roman}</style><div class="reflist"> <div class="mw-references-wrap"><ol class="references"> <li id="cite_note-6"><span class="mw-cite-backlink"><b><a href="#cite_ref-6">^</a></b></span> <span class="reference-text">Passed on 8 April 2010</span> </li> <li id="cite_note-8"><span class="mw-cite-backlink"><b><a href="#cite_ref-8">^</a></b></span> <span class="reference-text">The <a href="/wiki/Cameron%E2%80%93Clegg_coalition" title="Cameron–Clegg coalition">Coalition Government</a> maintained this rate and threshold throughout 2010-2015</span> </li> </ol></div></div> <div class="mw-heading mw-heading3"><h3 id="References">References</h3><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Finance_Act&action=edit&section=22" title="Edit section: References"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1239543626"><div class="reflist"> <div class="mw-references-wrap"><ol class="references"> <li id="cite_note-1"><span class="mw-cite-backlink"><b><a href="#cite_ref-1">^</a></b></span> <span class="reference-text"><a rel="nofollow" class="external text" href="http://www.legislation.gov.uk/ukpga/Edw7and1Geo5/10/8/part/2">UK Legislation</a> Finance (1909–10) Act 1910 c. 8 (Regnal. 10 <a href="/wiki/Edward_VII_of_the_United_Kingdom" class="mw-redirect" title="Edward VII of the United Kingdom">Edw. 7</a>. and 1 <a href="/wiki/George_V_of_the_United_Kingdom" class="mw-redirect" title="George V of the United Kingdom">Geo. 5</a>.) Parts II–IV</span> </li> <li id="cite_note-2"><span class="mw-cite-backlink"><b><a href="#cite_ref-2">^</a></b></span> <span class="reference-text"><style data-mw-deduplicate="TemplateStyles:r1238218222">.mw-parser-output cite.citation{font-style:inherit;word-wrap:break-word}.mw-parser-output .citation q{quotes:"\"""\"""'""'"}.mw-parser-output .citation:target{background-color:rgba(0,127,255,0.133)}.mw-parser-output .id-lock-free.id-lock-free a{background:url("//upload.wikimedia.org/wikipedia/commons/6/65/Lock-green.svg")right 0.1em center/9px no-repeat}.mw-parser-output .id-lock-limited.id-lock-limited a,.mw-parser-output .id-lock-registration.id-lock-registration a{background:url("//upload.wikimedia.org/wikipedia/commons/d/d6/Lock-gray-alt-2.svg")right 0.1em center/9px no-repeat}.mw-parser-output .id-lock-subscription.id-lock-subscription a{background:url("//upload.wikimedia.org/wikipedia/commons/a/aa/Lock-red-alt-2.svg")right 0.1em center/9px no-repeat}.mw-parser-output .cs1-ws-icon a{background:url("//upload.wikimedia.org/wikipedia/commons/4/4c/Wikisource-logo.svg")right 0.1em center/12px no-repeat}body:not(.skin-timeless):not(.skin-minerva) .mw-parser-output .id-lock-free a,body:not(.skin-timeless):not(.skin-minerva) .mw-parser-output .id-lock-limited a,body:not(.skin-timeless):not(.skin-minerva) .mw-parser-output .id-lock-registration a,body:not(.skin-timeless):not(.skin-minerva) .mw-parser-output .id-lock-subscription a,body:not(.skin-timeless):not(.skin-minerva) .mw-parser-output .cs1-ws-icon a{background-size:contain;padding:0 1em 0 0}.mw-parser-output .cs1-code{color:inherit;background:inherit;border:none;padding:inherit}.mw-parser-output .cs1-hidden-error{display:none;color:var(--color-error,#d33)}.mw-parser-output .cs1-visible-error{color:var(--color-error,#d33)}.mw-parser-output .cs1-maint{display:none;color:#085;margin-left:0.3em}.mw-parser-output .cs1-kern-left{padding-left:0.2em}.mw-parser-output .cs1-kern-right{padding-right:0.2em}.mw-parser-output .citation .mw-selflink{font-weight:inherit}@media screen{.mw-parser-output .cs1-format{font-size:95%}html.skin-theme-clientpref-night .mw-parser-output .cs1-maint{color:#18911f}}@media screen and (prefers-color-scheme:dark){html.skin-theme-clientpref-os .mw-parser-output .cs1-maint{color:#18911f}}</style><cite class="citation web cs1"><a rel="nofollow" class="external text" href="http://legislation.gov.uk/ukpga/1920/18">"Finance Act, 1920"</a>. <i>England Legislation</i><span class="reference-accessdate">. Retrieved <span class="nowrap">2 May</span> 2011</span>.</cite><span title="ctx_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Ajournal&rft.genre=unknown&rft.jtitle=England+Legislation&rft.atitle=Finance+Act%2C+1920&rft_id=http%3A%2F%2Flegislation.gov.uk%2Fukpga%2F1920%2F18&rfr_id=info%3Asid%2Fen.wikipedia.org%3AFinance+Act" class="Z3988"></span></span> </li> <li id="cite_note-3"><span class="mw-cite-backlink"><b><a href="#cite_ref-3">^</a></b></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite class="citation web cs1"><a rel="nofollow" class="external text" href="http://www.legislation.gov.uk/ukpga/Geo6/9-10/64/introduction">"Finance Act 1946"</a>. 1 August 1946<span class="reference-accessdate">. Retrieved <span class="nowrap">18 March</span> 2011</span>.</cite><span title="ctx_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Abook&rft.genre=unknown&rft.btitle=Finance+Act+1946&rft.date=1946-08-01&rft_id=http%3A%2F%2Fwww.legislation.gov.uk%2Fukpga%2FGeo6%2F9-10%2F64%2Fintroduction&rfr_id=info%3Asid%2Fen.wikipedia.org%3AFinance+Act" class="Z3988"></span></span> </li> <li id="cite_note-4"><span class="mw-cite-backlink"><b><a href="#cite_ref-4">^</a></b></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite class="citation web cs1"><a rel="nofollow" class="external text" href="https://www.legislation.gov.uk/ukpga/1963/25/section/68/enacted/data.htm?wrap=true">"Finance Act 1963 | Abolition of land tax"</a>. UK Government. 31 July 1963. <a rel="nofollow" class="external text" href="https://web.archive.org/web/20220525213107/https://www.legislation.gov.uk/ukpga/1963/25/section/68/enacted/data.htm">Archived</a> from the original on 25 May 2022<span class="reference-accessdate">. Retrieved <span class="nowrap">2 April</span> 2024</span>.</cite><span title="ctx_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Abook&rft.genre=unknown&rft.btitle=Finance+Act+1963+%7C+Abolition+of+land+tax&rft.pub=UK+Government&rft.date=1963-07-31&rft_id=https%3A%2F%2Fwww.legislation.gov.uk%2Fukpga%2F1963%2F25%2Fsection%2F68%2Fenacted%2Fdata.htm%3Fwrap%3Dtrue&rfr_id=info%3Asid%2Fen.wikipedia.org%3AFinance+Act" class="Z3988"></span></span> </li> <li id="cite_note-5"><span class="mw-cite-backlink"><b><a href="#cite_ref-5">^</a></b></span> <span class="reference-text"><a rel="nofollow" class="external text" href="http://www.legislation.gov.uk/ukpga/1977/36/section/56">Finance Act 1977, section 56</a></span> </li> <li id="cite_note-7"><span class="mw-cite-backlink"><b><a href="#cite_ref-7">^</a></b></span> <span class="reference-text"><a rel="nofollow" class="external text" href="http://www.legislation.gov.uk/ukpga/2010/13/part/1">UK Legislation</a> Finance Act 2010. Retrieved 2013-07-17</span> </li> <li id="cite_note-9"><span class="mw-cite-backlink"><b><a href="#cite_ref-9">^</a></b></span> <span class="reference-text"><a rel="nofollow" class="external text" href="http://www.legislation.gov.uk/ukpga/2010/31/schedule/1">UK Legislation</a> Finance (No. 2) Act 2010. Retrieved 2013-07-17</span> </li> <li id="cite_note-10"><span class="mw-cite-backlink"><b><a href="#cite_ref-10">^</a></b></span> <span class="reference-text"><a rel="nofollow" class="external text" href="http://www.legislation.gov.uk/ukpga/2010/33/schedule/14?timeline=true">UK Legislation</a> Finance (No. 3) Act 2010 Retrieved 2013-07-17</span> </li> <li id="cite_note-11"><span class="mw-cite-backlink"><b><a href="#cite_ref-11">^</a></b></span> <span class="reference-text">UK Legislation, <a rel="nofollow" class="external text" href="https://www.legislation.gov.uk/ukpga/2020/14/part/2/enacted">Finance Act 2020, part 2</a>, accessed 29 September 2020</span> </li> </ol></div></div> <div class="navbox-styles"><style data-mw-deduplicate="TemplateStyles:r1129693374">.mw-parser-output .hlist dl,.mw-parser-output .hlist ol,.mw-parser-output .hlist ul{margin:0;padding:0}.mw-parser-output .hlist dd,.mw-parser-output .hlist dt,.mw-parser-output .hlist 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navbar-mini"><ul><li class="nv-view"><a href="/wiki/Template:Finance_Acts" title="Template:Finance Acts"><abbr title="View this template">v</abbr></a></li><li class="nv-talk"><a href="/w/index.php?title=Template_talk:Finance_Acts&action=edit&redlink=1" class="new" title="Template talk:Finance Acts (page does not exist)"><abbr title="Discuss this template">t</abbr></a></li><li class="nv-edit"><a href="/wiki/Special:EditPage/Template:Finance_Acts" title="Special:EditPage/Template:Finance Acts"><abbr title="Edit this template">e</abbr></a></li></ul></div><div id="Finance_Acts_of_the_UK" style="font-size:114%;margin:0 4em"><a class="mw-selflink selflink">Finance Acts</a> of the UK</div></th></tr><tr><th scope="row" class="navbox-group" style="text-align: center;;width:1%">Finance Acts 1980–1999</th><td class="navbox-list-with-group navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/Finance_Act_1980" class="mw-redirect" title="Finance Act 1980">1980</a></li> <li><a href="/wiki/Finance_Act_1981" class="mw-redirect" title="Finance Act 1981">1981</a></li> <li><a href="/wiki/Finance_Act_1982" class="mw-redirect" title="Finance Act 1982">1982</a></li> <li><a href="/wiki/Finance_Act_1983" class="mw-redirect" title="Finance Act 1983">1983</a> <ul><li><a href="/w/index.php?title=Finance_Act_(No._2)_1983&action=edit&redlink=1" class="new" title="Finance Act (No. 2) 1983 (page does not exist)">No. 2</a></li></ul></li> <li><a href="/wiki/Finance_Act_1984" class="mw-redirect" title="Finance Act 1984">1984</a></li> <li><a href="/wiki/Finance_Act_1985" class="mw-redirect" title="Finance Act 1985">1985</a></li> <li><a href="/wiki/Finance_Act_1986" class="mw-redirect" title="Finance Act 1986">1986</a></li> <li><a href="/wiki/Finance_Act_1987" class="mw-redirect" title="Finance Act 1987">1987</a> <ul><li><a href="/w/index.php?title=Finance_Act_(No._2)_1987&action=edit&redlink=1" class="new" title="Finance Act (No. 2) 1987 (page does not exist)">No. 2</a></li></ul></li> <li><a href="/wiki/Finance_Act_1988" class="mw-redirect" title="Finance Act 1988">1988</a></li> <li><a href="/wiki/Finance_Act_1989" class="mw-redirect" title="Finance Act 1989">1989</a></li> <li><a href="/wiki/Finance_Act_1990" class="mw-redirect" title="Finance Act 1990">1990</a></li> <li><a href="/wiki/Finance_Act_1991" class="mw-redirect" title="Finance Act 1991">1991</a></li> <li><a href="/wiki/Finance_Act_1992" class="mw-redirect" title="Finance Act 1992">1992</a> <ul><li><a href="/w/index.php?title=Finance_Act_(No._2)_1992&action=edit&redlink=1" class="new" title="Finance Act (No. 2) 1992 (page does not exist)">No. 2</a></li></ul></li> <li><a href="/wiki/Finance_Act_1993" class="mw-redirect" title="Finance Act 1993">1993</a></li> <li><a href="/wiki/Finance_Act_1994" class="mw-redirect" title="Finance Act 1994">1994</a></li> <li><a href="/wiki/Finance_Act_1995" class="mw-redirect" title="Finance Act 1995">1995</a></li> <li><a href="/wiki/Finance_Act_1996" class="mw-redirect" title="Finance Act 1996">1996</a></li> <li><a href="/wiki/Finance_Act_1997" title="Finance Act 1997">1997</a> <ul><li><a href="/w/index.php?title=Finance_Act_(No._2)_1997&action=edit&redlink=1" class="new" title="Finance Act (No. 2) 1997 (page does not exist)">No. 2</a></li></ul></li> <li><a href="/wiki/Finance_Act_1998" title="Finance Act 1998">1998</a></li> <li><a href="/wiki/Finance_Act_1999" title="Finance Act 1999">1999</a></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="text-align: center;;width:1%">Finance Acts 2000–present</th><td class="navbox-list-with-group navbox-list navbox-even" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/Finance_Act_2000" title="Finance Act 2000">2000</a></li> <li><a href="/wiki/Finance_Act_2001" title="Finance Act 2001">2001</a></li> <li><a href="/wiki/Finance_Act_2002" title="Finance Act 2002">2002</a></li> <li><a href="/wiki/Finance_Act_2003" title="Finance Act 2003">2003</a></li> <li><a href="/wiki/Finance_Act_2004" title="Finance Act 2004">2004</a></li> <li><a href="/wiki/Finance_Act_2005" title="Finance Act 2005">2005</a> <ul><li><a href="/wiki/Finance_(No._2)_Act_2005" title="Finance (No. 2) Act 2005">No. 2</a></li></ul></li> <li><a href="/wiki/Finance_Act_2006" title="Finance Act 2006">2006</a></li> <li><a href="/wiki/Finance_Act_2007" title="Finance Act 2007">2007</a></li> <li><a href="/wiki/Finance_Act_2008" title="Finance Act 2008">2008</a></li> <li><a href="/wiki/Finance_Act_2009" title="Finance Act 2009">2009</a></li> <li><a href="/wiki/Finance_Act_2010" title="Finance Act 2010">2010</a> <ul><li><a href="/wiki/Finance_(No._2)_Act_2010" title="Finance (No. 2) Act 2010">No. 2</a></li> <li><a href="/wiki/Finance_(No._3)_Act_2010" class="mw-redirect" title="Finance (No. 3) Act 2010">No. 3</a></li></ul></li> <li><a href="/w/index.php?title=Finance_Act_2011&action=edit&redlink=1" class="new" title="Finance Act 2011 (page does not exist)">2011</a></li> <li><a href="/wiki/Finance_Act_2012" title="Finance Act 2012">2012</a></li> <li><a href="/w/index.php?title=Finance_Act_2013&action=edit&redlink=1" class="new" title="Finance Act 2013 (page does not exist)">2013</a></li> <li><a href="/wiki/Finance_Act_2014" class="mw-redirect" title="Finance Act 2014">2014</a></li> <li><a href="/wiki/Finance_Act_2015" title="Finance Act 2015">2015</a> <ul><li><a href="/w/index.php?title=Finance_Act_(No.2)_2015&action=edit&redlink=1" class="new" title="Finance Act (No.2) 2015 (page does not exist)">No.2</a></li></ul></li> <li><a href="/wiki/Finance_Act_2016" class="mw-redirect" title="Finance Act 2016">2016</a></li> <li><a href="/w/index.php?title=Finance_Act_2017&action=edit&redlink=1" class="new" title="Finance Act 2017 (page does not exist)">2017</a> <ul><li><a href="/w/index.php?title=Finance_Act_(No.2)_2017&action=edit&redlink=1" class="new" title="Finance Act (No.2) 2017 (page does not exist)">No.2</a></li></ul></li> <li><a href="/w/index.php?title=Finance_Act_2018&action=edit&redlink=1" class="new" title="Finance Act 2018 (page does not exist)">2018</a></li></ul> </div></td></tr></tbody></table></div>    </div><noscript><img src="https://login.wikimedia.org/wiki/Special:CentralAutoLogin/start?type=1x1&useformat=desktop" alt="" width="1" height="1" style="border: none; position: absolute;"></noscript> <div class="printfooter" data-nosnippet="">Retrieved from "<a dir="ltr" href="https://en.wikipedia.org/w/index.php?title=Finance_Act&oldid=1252508697">https://en.wikipedia.org/w/index.php?title=Finance_Act&oldid=1252508697</a>"</div></div> <div id="catlinks" class="catlinks" data-mw="interface"><div id="mw-normal-catlinks" class="mw-normal-catlinks"><a href="/wiki/Help:Category" title="Help:Category">Categories</a>: <ul><li><a href="/wiki/Category:Finance_in_the_United_Kingdom" title="Category:Finance in the United Kingdom">Finance in the United 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