Budget and Capital loss: Difference between pages

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#Any plan expressed in monetary terms.
1.  
#The level of taxation minus government spending. A budget surplus is where taxation exceeds government spending. A budget deficit is where government spending exceeds taxation.
 
#'' UK. ''A formal statement - normally made annually - by the UK Chancellor of the Exchequer setting out the government's taxation proposals for the next fiscal year.
A difference between the purchase price and the disposal proceeds of a capital asset or an investment, where the disposal proceeds are lower than the purchase price.
#Similar formal statements made by the finance ministers of other governments, or by the responsible officers of other organisations.
 
 
2. ''UK tax.''
 
A loss arising on a chargeable disposal for UK tax purposes.




== See also ==
== See also ==
* [[Finance Act]]
* [[Capital gain]]
* [[Fiscal year]]
* [[Disposal value]]
* [[Risk budget]]
* [[Loss]]
* [[Variance analysis]]
* [[Zero based budgeting]]


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

Latest revision as of 13:57, 28 July 2020

1.

A difference between the purchase price and the disposal proceeds of a capital asset or an investment, where the disposal proceeds are lower than the purchase price.


2. UK tax.

A loss arising on a chargeable disposal for UK tax purposes.


See also

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