Marginal relief and Payor: Difference between pages

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imported>Doug Williamson
(Correct typo.)
 
imported>John Grout
(To give alternative spelling payer of payor)
 
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1. ''UK Corporation Tax''. 
The party that issues a cheque. Sometimes spelt 'payer'.
 
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.
 
 
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 that would otherwise be payable.




== See also ==
== See also ==
* [[Marginal]]
* [[Cheque]] (US: check)
* [[Marginal rate of tax relief]]
* [[Payments and payment systems]]
 
[[Category:Accounting,_tax_and_regulation]]

Revision as of 17:38, 31 October 2017

The party that issues a cheque. Sometimes spelt 'payer'.


See also

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