Levy: Difference between revisions
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imported>Doug Williamson (Expand 2nd definition.) |
imported>Doug Williamson (Remove surplus link.) |
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*[[Duty]] | *[[Duty]] | ||
*[[Financial Services Compensation Scheme]] | *[[Financial Services Compensation Scheme]] | ||
*[[Surcharge]] | *[[Surcharge]] | ||
*[[Tax]] | *[[Tax]] | ||
Latest revision as of 21:45, 23 December 2022
1. Verb.
To charge or impose a fee or a tax.
2. Tax.
A particular tax or similar charge.
Levies are usually imposed on specific groups, or for specific purposes - sometimes for a limited period - rather than being part of general taxation on all taxpayers.
For example, the UK's Climate Change Levy, and the levy payable to fund the Financial Services Compensation Scheme.
