Bank and Capital Gains Tax: Difference between pages

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imported>Doug Williamson
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1.  
(CGT).  


A regulated institution offering certain financial services.
A UK tax charged on capital gains, when an asset is disposed of.


In the UK, the banking system includes the Bank of England (the central bank), the commercial banks, merchant banks and branches of foreign banks and National Savings & Investment.
2.
When used by the Bank of England, the term 'the Bank' normally means the Bank of England.
3.
To deposit (cash, cheques or similar) in a bank or transact business with a bank.


== See also ==
* [[Annual exempt amount]]
* [[Capital gain]]
* [[Exempt gain]]
* [[Indexation Allowance]]
* [[Wealth tax]]


== See also ==
[[Category:Accounting,_tax_and_regulation]]
* [[Anti money laundering]]
* [[Bank of England]]
* [[Central bank]]
* [[Commercial banks]]
* [[DTLB]]
* [[Financial intermediary]]
* [[Glass-Steagall Act]]
* [[HSBC]]
* [[ICB]]
* [[Independent Commission on Banking]]
* [[Money market]]
* [[NBFI]]
* [[Private equity house]]
* [[Ring fence]]
* [[Run]]
* [[Shadow banking]]
* [[Trading company]]
* [[UK Bank Levy]]
* [[Vickers Report]]
* [[Volcker Rule]]
* [[World Bank]]

Revision as of 11:18, 23 October 2013

(CGT).

A UK tax charged on capital gains, when an asset is disposed of.


See also