Marginal relief - Revision history

imported>Doug Williamson: Add link.

2022-07-07T00:30:20Z

Add link.

← Older revision		Revision as of 00:30, 7 July 2022
Line 19:		Line 19:
	* [[Marginal]]		* [[Marginal]]
	* [[Marginal rate of tax relief]]		* [[Marginal rate of tax relief]]
			* [[Relief]]
	* [[Tax]]		* [[Tax]]
	* [[Tax relief]]		* [[Tax relief]]

	[[Category:Accounting,_tax_and_regulation]]		[[Category:Accounting,_tax_and_regulation]]

2022-03-03T09:13:43Z

Remove surplus text.

← Older revision		Revision as of 09:13, 3 March 2022
Line 1:		Line 1:
	''Tax - UK Corporation Tax ~~- UK~~ Capital Gains Tax''.		''Tax - UK Corporation Tax & Capital Gains Tax''.

	Marginal relief is tax relief designed to bridge a boundary between:		Marginal relief is tax relief designed to bridge a boundary between:
Line 11:		Line 11:


	Examples of contexts where marginal tax relief have applied include UK Corporation Tax~~, and UK~~ Capital Gains Tax.		Examples of contexts where marginal tax relief have applied include UK Corporation Tax & Capital Gains Tax.

2022-03-03T09:11:40Z

Layout.

← Older revision		Revision as of 09:11, 3 March 2022
Line 3:		Line 3:
	Marginal relief is tax relief designed to bridge a boundary between:		Marginal relief is tax relief designed to bridge a boundary between:

	:(1) A full rate of tax - or charge to tax - and		:(1) A full rate of tax - or charge to tax - and

	:(2) Lower rates, or tax free transactions.		:(2) Lower rates, or tax free transactions.

2022-03-03T09:11:05Z

Layout.

← Older revision		Revision as of 09:11, 3 March 2022
Line 1:		Line 1:
	''Tax - UK Corporation Tax - UK Capital Gains Tax''.		''Tax - UK Corporation Tax - UK Capital Gains Tax''.

	Marginal relief is tax relief designed to bridge a boundary between (1) a full rate of tax - or charge to tax - and (2) ~~lower~~ rates, or tax free transactions.		Marginal relief is tax relief designed to bridge a boundary between:

			:(1) A full rate of tax - or charge to tax - and

			:(2) Lower rates, or tax free transactions.


	Applying marginal relief has the effect of a lower overall effective rate of tax, or a lower tax charge.		Applying marginal relief has the effect of a lower overall effective rate of tax, or a lower tax charge.
Line 10:		Line 15:

	== See also ==		== See also ==
			* [[Capital Gains Tax]]
			* [[Corporation Tax]]
	* [[Marginal]]		* [[Marginal]]
	* [[Marginal rate of tax relief]]		* [[Marginal rate of tax relief]]
			* [[Tax]]
	* [[Tax relief]]		* [[Tax relief]]

	[[Category:Accounting,_tax_and_regulation]]		[[Category:Accounting,_tax_and_regulation]]

2022-03-02T17:14:00Z

Generalise.

← Older revision		Revision as of 17:14, 2 March 2022
Line 1:		Line 1:
	1. ''UK Corporation Tax''.		''Tax - UK Corporation Tax - UK Capital Gains Tax''.

	~~Tax~~ relief ~~for companies or other organisations whose taxable profits were in~~ between ~~the upper limit for the~~ (~~reduced~~) ~~small companies'~~ rate and ~~the lower limit for the~~ (~~full~~) ~~main rate of Corporation Tax~~.		Marginal relief is tax relief designed to bridge a boundary between (1) a full rate of tax - or charge to tax - and (2) lower rates, or tax free transactions.

	~~Marginal~~ relief ~~smoothed~~ the ~~transition from the reduced~~ rate of ~~corporation~~ tax ~~to the full rate~~.		Applying marginal relief has the effect of a lower overall effective rate of tax, or a lower tax charge.


	~~2. ''~~UK Capital Gains Tax ~~(CGT)''.~~		Examples of contexts where marginal tax relief have applied include UK Corporation Tax, and UK Capital Gains Tax.

	~~Tax relief in relation to disposals of assets for proceeds which are marginally above the threshold for total exemption from CGT, reducing the amount of tax that would otherwise be payable~~.

2020-08-26T13:57:44Z

Add link.

← Older revision		Revision as of 13:57, 26 August 2020
Line 14:		Line 14:
	* [[Marginal]]		* [[Marginal]]
	* [[Marginal rate of tax relief]]		* [[Marginal rate of tax relief]]
			* [[Tax relief]]

	[[Category:Accounting,_tax_and_regulation]]		[[Category:Accounting,_tax_and_regulation]]

2020-08-26T13:56:39Z

Correct typo.

← Older revision		Revision as of 13:56, 26 August 2020
Line 8:		Line 8:
	2. ''UK Capital Gains Tax (CGT)''.		2. ''UK Capital Gains Tax (CGT)''.

	Tax relief in relation to disposals of assets for proceeds which are marginally above the threshold for total exemption from CGT, reducing the amount of tax would otherwise be payable.		Tax relief in relation to disposals of assets for proceeds which are marginally above the threshold for total exemption from CGT, reducing the amount of tax that would otherwise be payable.

2020-08-26T10:57:32Z

Layout.

← Older revision		Revision as of 10:57, 26 August 2020
Line 1:		Line 1:
	1.		1. ''UK Corporation Tax''.

	''UK Corporation Tax''.

	Tax relief for companies or other organisations whose taxable profits were in between the upper limit for the (reduced) small companies' rate and the lower limit for the (full) main rate of Corporation Tax.		Tax relief for companies or other organisations whose taxable profits were in between the upper limit for the (reduced) small companies' rate and the lower limit for the (full) main rate of Corporation Tax.
Line 8:		Line 6:


	2.		2. ''UK Capital Gains Tax (CGT)''.

	''UK Capital Gains Tax (CGT)''.

	Tax relief in relation to disposals of assets for proceeds which are marginally above the threshold for total exemption from CGT, reducing the amount of tax would otherwise be payable.		Tax relief in relation to disposals of assets for proceeds which are marginally above the threshold for total exemption from CGT, reducing the amount of tax would otherwise be payable.
Line 16:		Line 12:

	== See also ==		== See also ==
	[[Marginal rate of tax relief]]		* [[Marginal]]
			* [[Marginal rate of tax relief]]

	[[Category:Accounting,_tax_and_regulation]]		[[Category:Accounting,_tax_and_regulation]]

2016-05-11T14:15:00Z

Layout.

← Older revision		Revision as of 14:15, 11 May 2016
Line 1:		Line 1:
	1. ''UK Corporation Tax''.		1.

			''UK Corporation Tax''.

	Tax relief for companies or other organisations whose taxable profits were in between the upper limit for the (reduced) small companies' rate and the lower limit for the (full) main rate of Corporation Tax.		Tax relief for companies or other organisations whose taxable profits were in between the upper limit for the (reduced) small companies' rate and the lower limit for the (full) main rate of Corporation Tax.
Line 6:		Line 8:


	2. ''UK Capital Gains Tax (CGT)''.		2.

			''UK Capital Gains Tax (CGT)''.

	Tax relief in relation to disposals of assets for proceeds which are marginally above the threshold for total exemption from CGT, reducing the amount of tax would otherwise be payable.		Tax relief in relation to disposals of assets for proceeds which are marginally above the threshold for total exemption from CGT, reducing the amount of tax would otherwise be payable.

2014-11-27T21:14:47Z

Spacing.

← Older revision		Revision as of 21:14, 27 November 2014
Line 1:		Line 1:
	1. ''UK Corporation Tax''.		1. ''UK Corporation Tax''.

	Tax relief for companies or other organisations whose taxable profits were in between the upper limit for the (reduced) small companies' rate and the lower limit for the (full) main rate of Corporation Tax. Marginal relief smoothed the transition from the reduced rate of corporation tax to the full rate.		Tax relief for companies or other organisations whose taxable profits were in between the upper limit for the (reduced) small companies' rate and the lower limit for the (full) main rate of Corporation Tax.

			Marginal relief smoothed the transition from the reduced rate of corporation tax to the full rate.