Marginal relief and Money market fund: Difference between pages

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1. ''UK Corporation Tax''. 
(MMF).  


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.
A managed fund which invests in money market instruments.


Marginal relief smoothed the transition from the reduced rate of corporation tax to the full rate.
Some money market funds are structured as 'liquid' money market funds, designed to be lower risk managed funds by - among other features - investing only in liquid money market instruments of the highest credit quality.


Other money market funds seek to provide higher average expected income through a longer dated, higher risk and less liquid portfolio.


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.
== See also ==
* [[Accumulating net asset value]]
* [[Constant net asset value]]
* [[Liquidity fee]]
* [[Liquidity fund]]
* [[m]]
* [[mf]]
* [[Money market]]
* [[Money market fund reform: a light at the end of the tunnel?]]
* [[MCT]]
* [[Redemption gate]]
* [[Variable net asset value]]
* [[CertICM]]
* [[Cash investing in a new world]]




===Other links===
*[http://www.treasurers.org/node/9362 Lesson from America, The Treasurer, September 2013]


== See also ==
*[http://www.treasurers.org/node/8266 Credit matters, The Treasurer, October 2012]
[[Marginal rate of tax relief]]
 
*[http://www.treasurers.org/node/8103 Understanding MMF investments, The Treasurer, September 2012]


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

Revision as of 20:10, 18 June 2016

(MMF).

A managed fund which invests in money market instruments.

Some money market funds are structured as 'liquid' money market funds, designed to be lower risk managed funds by - among other features - investing only in liquid money market instruments of the highest credit quality.

Other money market funds seek to provide higher average expected income through a longer dated, higher risk and less liquid portfolio.


See also


Other links

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